Insurance & Actuarial News in South Africa

Dustin Homer, director: client solutions for Fraym

Africa's growing healthcare insurance market

Rising levels of education, improving salaries and rapid urbanisation mean that health insurers and the private healthcare facilities they work with are commanding an increasing share of health services in Africa...

By Dustin Homer 3 days ago

Mobile will change the face of insurance

Many insurers still rely on traditional methods to reach customers, despite a very competitive African market...

9 Apr 2018

New platform API simplifies launching digital insurance products

Technology company, Root has launched Root Insurance, a new platform API that enables software developers to rapidly prototype and launch digital insurance products into the SA market...

6 Apr 2018

Call for comment on amended insurance regulations

National Treasury on Friday published the draft amendments to the Regulations in terms of the Long-term Insurance (LTI) and Short-term Insurance (STI) Acts...

27 Mar 2018

LaunchLab invites entrepreneurs to pitch startup ideas

The Stellenbosch University LaunchLab is inviting entrepreneurs to pitch their startup business ideas in multiple industries and stand the chance to win incubation support to the value of R50,000...

23 Mar 2018

Yusuf Bodiat, acting CFO of Lion of Africa

VAT poses headaches for short-term insurance industry

One of the most notable announcements in the 2018 Budget Speech was the increase of the VAT rate from 14% to 15%, effective 1 April 2018...

By Yusuf Bodiat 16 Mar 2018

Adrian Gore, CEO: Discovery. Photo: BusinessLIVE

Discovery offers aid in public health

Discovery CEO Adrian Gore says he would welcome the opportunity to partner with the government in scaling some of the insurer's healthcare innovations across the public sector, at no financial benefit...

22 Feb 2018

Banks and insurers under fire

The Competition Commission is gearing up to play hardball with banks and insurance companies, saying on Thursday that the days for talking were past and it had prioritised the financial services sector for "enforcement"...

By Hanna Ziady 19 Feb 2018

EmptyTrips launches SureFox cargo insurance

Launched today, SureFox Instant Cargo Insurance, powered by EmptyTrips, aims to make enterprise cargo insurance accessible online...

15 Feb 2018

Alexandra Schudel, Head of Financial Lines and Casualty at Chubb Insurance SA

Clinical trial insurance: A vital safety net for trial participants and owners

Although years of research goes into reducing the risk that such trials represent to their human subjects before tests are conducted, there is an inherent risk in every clinical trial that demands bespoke clinical trial insurance...

25 Jan 2018

Watercraft owners and skippers should manage risks this summer

With summer in full swing, many South Africans are enjoying increased time on the water. With that in mind, boat owners need to ensure that their risks are properly managed...

By Lynda Brown 24 Jan 2018

Europ Assistance South Africa appoints new CEO

Europ Assistance South Africa has appointed Jacques Preyser as its new CEO, effective 1 February 2018...

24 Jan 2018

Why choosing the right insurance formula is essential to mining projects

The turnaround in the mining and resources sector was predicted by the World Bank in early 2017...

15 Jan 2018

Liberty's financial chief quits

Just seven months after the high-profile resignation of its CEO, Liberty Holdings has announced the departure of the group's finance director, Casper Troskie...

By Ann Crotty 11 Jan 2018

#BizTrends2018: Tech shakes up the insurance industry

The insurance sector has often been pegged as a conservative industry, immune to the vagaries of the technological innovations that have taken multiple industries by storm over the last few decades.

10 Jan 2018

Disaster mayhem doubled in 2017: Munich Re

FRANKFURT - Financial pain inflicted by natural disasters worldwide almost doubled in 2017, German reinsurance giant Munich Re said, with a new record in losses from weather-related catastrophes...

5 Jan 2018

Mind the gap: Demarcation Regulations and universal healthcare

A healthy nation is a cornerstone of socioeconomic growth, and besides ensuring basic services such as clean water and sanitation, quality healthcare is also a right...

2 Jan 2018

Marike van Niekerk, legal and compliance manager at MUA

Airbnbs need to be properly covered

South African Airbnb hosts welcomed almost 400,000 guests between 1 January and 31 December 2016, and with peak tourism season here, Marike van Niekerk, legal and compliance manager at MUA, says it is vital for all property owners to have adequate insurance in place.

18 Dec 2017

57 million riders, drivers affected by Uber breach

Global transportation technology company Uber Technologies has admitted it suffered a breach that saw hackers stealing the personal information of approximately 57 million customers and drivers...

By Simon Campbell-Young 13 Dec 2017

Judges for insurance journalism awards announced

Judges for the Pan African Re/Insurance Journalism Awards 2018 announced...

11 Dec 2017

10 reasons why medical malpractice is threatening SA healthcare

According to an Econex survey commissioned by the Hospital Association of South Africa (Hasa) in 2015, there were just 60 doctors per 100,000 people in 2013; whereas the world average is 152...

7 Dec 2017

Sanlam washes hands of Naspers dispute

As calls mount for a public inquiry into the controversial relationship between Naspers subsidiary Multichoice and the SABC, insurer Sanlam said it was not in a position to comment...

4 Dec 2017

Urvashi Ramjee, head of claims management at Old Mutual Group Assurance

#WorldAIDSDay2017: We can't afford to become complacent

While education and better access to antiretroviral treatment (ARV) continues to improve HIV status in South Africa, we cannot afford to become complacent...

1 Dec 2017

Judge Ron McLaren, Judge ombudsman for long-term insurance

Ombud: Cultural nuances play a role in insurance disputes

Given South Africa's melting pot of cultures, insurance companies need to take nuances, particularly with language, into account when considering a disputed insurance pay outs...

22 Nov 2017

Suzane Stevens, executive director of marketing at BrightRock.

Lessons for SA's 650,000 entrepreneurial businesses from BrightRock

Entrepreneurial inspiration from Suzanne Stevens, one of four founders and currently executive director of marketing at BrightRock since 2011, chosen for the Ernst & Young Entrepreneurial Winning Women programme in 2013...

By Leigh Andrews 21 Nov 2017

#Newsmaker: Justine Cullinan wins Veuve Clicquot Elle Boss Corporate Award

5FM's station manager Justine Cullinan won the Corporate Award at the Veuve Clicquot Elle Boss Awards on Thursday, 9 November. It was just her and overall winner Amanda Dambuza, founder and director of consulting company Uyandiswa, who took home awards on the night...

By Jessica Tennant 17 Nov 2017

Clement Chinaka, MD of Old Mutual Corporate

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