Under-insurance a risk for wealthy

Wealthy South Africans are at risk of being under-insured according to a recent survey of 20 000 valuations of buildings, contents, motor and home policies according to Christelle Fourie, managing director of MUA Insurance Acceptances. 22 Jul 2011 13:18

FSB fines insurance companies

The Financial Services Board has fined several insurance companies for contravening the laws that govern the insurance industry and these include Hollard Insurance, African Unity, Nothemba Funeral and Financial Services and Gingirikani Marketing. 20 Jul 2011 07:46

Africa insurance regime harmony sought

[Stafford Thomas] Long mooted, a Southern and East African free trade zone was again a focal point at a recent gathering of leaders from the region's 25 countries. Obstacles to a free trade zone, from infrastructure to differing tax regimes, abound. But one seldom considered the short-term insurance market, says Michael Duncan, executive leader of insurance broking firm Alexander Forbes' global practice. 11 Jul 2011 15:32

Financial advisors can benefit by reaching out to women, reports Mintel

CHICAGO, US: Women are becoming increasingly influential in the financial world, according to data from market research firm Mintel. 30 Mar 2011 05:55

Emerging auto insurance and aggregator sites attracting meaningful market share

RESTON, US: comScore, Inc, a leader in measuring the digital world, has announced the availability of an expanded competitive set of insurers and aggregator sites for its online auto insurance benchmarker. In Q4 2010, these additional sites accounted for 724 000 submitted quotes, making up 8% of quotes submitted online. 8 Mar 2011 09:58

Life insurance companies miss marketing opportunity to acquire younger customers

CHICAGO, US: While it's true that the Baby Boomer population is increasing, older consumers aren't the only customers life insurance companies should be courting. In fact, latest intelligence from Mintel Comperemedia suggests that Americans under the age of 45 don't have enough life insurance. 27 Oct 2011 07:15

Cervical cancer cream covered

Profmed, the medical scheme for graduate professionals, has taken the view that prevention is better than cure, and covers the cervical cancer vaccine for women out of their day-to-day benefits. 2 Feb 2011 13:15

2010 US online property insurance report

RESTON, US: comScore, Inc. has released its 2010 Online Property Insurance Report, based on behavioural data from comScore's 1 million person US panel and a survey of more than 2 000 US Internet users aimed at understanding attitudes and intentions with regard to conducting insurance transactions online. 24 Nov 2010 07:28

Earners 'grossly underinsured'

[Sure Kamhunga] Millions of families could become virtually destitute if the main breadwinner were to die or became disabled, because many income earners are grossly underinsured for both death and disability, according to insurance experts. 19 Nov 2010 12:49

New insurance brand uses stunt launch

Direct life investment company Frank.Net, owned and capitalised by Liberty Holdings, launched its multi-million rand ad campaign in Cape Town on 9 November 2010 at the forecourt of Cape Town Station, featuring an aerial sky walker who walked a tightrope between two cranes 60 metres high, in 35 km winds and pouring rain, while a helicopter flew overhead with a banner saying "If he dies, we pay." [video] 10 Nov 2010 09:19

UK consumers - leading the way at saving money on insurance

LONDON, UK: Under pressure UK consumers are the savviest in the world when it comes to getting a good deal on their insurance cover and the least likely to blindly renew year after year, finds Datamonitor. 9 Nov 2010 08:04

Nedbank launches 360Life

[Issa Sikiti da Silva] This week marks a new era in the life insurance industry in South Africa, as Nedgroup Life, a division of Nedbank Group, begins marketing its new range of integrated products dubbed 360Life. 4 Nov 2010 07:03

Confidence falls among SA's professionals

Confidence levels among South Africa's 3000 graduate professionals have deteriorated in the second quarter of the year, reports The Citizen. Confidence in the country's healthcare system, was just 46% down from 50% in the previous quarter and the reason appears to be on-going discussions over the introduction of a National Health Insurance scheme. 29 Jul 2011 12:12