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#BehindtheBrandManager: Leza Wells, chief product actuary; acting chief of marketing at FMI
#BehindtheBrandManager: Leza Wells, chief product actuary; acting chief of marketing at FMIArticle

Leza Wells, chief product actuary and acting chief of marketing, at life insurer FMI (a Division of Bidvest Life Ltd) fills us in on her role...

Evan-Lee Courie 3 May 2021

Ever Given. Photo: gCaptain
How the incident on the Suez highlights insurance risks of mega shipsArticle

Insurers have warned for years that the increasing size of vessels is leading to a higher accumulation of risk. These fears have been realised by the large container ship currently blocking the critical Suez Canal sea route...

26 Mar 2021

Corporates, do not be caught out by IFRS 17
Corporates, do not be caught out by IFRS 17Article

There is a common misconception that the International Financial Reporting Standards 17 (IFRS17): Insurance Contracts accounting standard applies exclusively to insurers...

Dewald van den Berg 28 Jan 2021

#Covid19: CTU offers support to commuter transport industry
#Covid19: CTU offers support to commuter transport industryArticle

CTU will, for the month of April and potentially May, reduce all CTU policyholders' insurance risk-premiums by 35%, and in addition, no inflationary risk-premium increases will be processed for April and May but will be deferred to June..

27 Mar 2020

Deseré Orrill
Will 2020 kickstart the decade of the driven human?Article

Ole!Connect's, Desere' Orrill, takes a look underneath the hood of autonomous transportation, what it means to our future mobility, and whether we are ready to relinquish the wheel, or not...

Deseré Orrill, Issued by Ole!Connect 31 Jan 2020

Screen grabs from the ad.
#OrchidsandOnions - 1st for Women shines a light on abuseArticle

Meanwhile, the Advertising Regulatory Board has done some weapons-grade 'virtue signalling' by banning a radio ad for Volkswagen's Amarok bakkie...

Brendan Seery 10 Dec 2019

Rising sea levels already causing problems for Cape Town
Rising sea levels already causing problems for Cape TownArticle

Sea level rise caused by global warming is already causing damage to public and private coastal property in Cape Town. In some areas retreat to higher ground may be necessary...

Steve Kretzmann 2 Sep 2019

Werner Bosman, CEO: short-term insurance, PPS
When climate change becomes the norm, and its impact on insuranceArticle

Heat waves, droughts, severe flooding, fires and other effects of climate change are no longer a rarity, but are becoming the norm. And the resultant impact on the insurance industry is huge...

Werner Bosman 12 Jul 2019

How AI will change driving forever
How AI will change driving foreverArticle

Autonomous or self-driving vehicles may appear to be a new phenomenon, but key transport manufacturers and stakeholders have been developing smarter driving systems for some time...

6 Sep 2018

Insurance accounting undergoing a major revamp
Insurance accounting undergoing a major revampArticle

The new IFRS Insurance Contracts Standard (IFRS 17 - Insurance Contracts) will impact insurance companies in South Africa including those offering motor vehicle insurance, life insurance and medical schemes...

3 Jul 2018

Duty of care considerations for travelling employees
Duty of care considerations for travelling employeesArticle

Business travel is part of the day-to-day job for a growing cohort of employees, but brings with it its own set of risks, demanding that organisations exercise the utmost duty of care...

28 Jun 2018

What the amended B-BBEE Sector Codes mean for your industry
What the amended B-BBEE Sector Codes mean for your industryArticle

The long-awaited amendments to the Financial, Agricultural and Construction Sector Codes were announced recently - but what changes do these codes mean for companies in 2018...?

17 Jan 2018

Insights into IFRS and insurance companies
Insights into IFRS and insurance companiesArticle

Insurance companies are required to comply with the applicable financial reporting standards...

Denise Durand and Charl Williams 11 Sep 2017

IFRS 17 will revamp insurance industry
IFRS 17 will revamp insurance industryArticle

The new version of the IFRS is a completely new way of thinking for insurers...

6 Jun 2017

The case for investing in SA's fuel retail sector
The case for investing in SA's fuel retail sectorArticle

Whether one is considering taking a leap into entrepreneurship or thinking of adding to one's growing business portfolio, investing in the fuel retail sector might offer...

James Noble 15 Feb 2017

The future of fintech
The future of fintechArticle

Even the most hardcore Luddite can't ignore the rate at which technology is changing South Africa's financial services industry...

Dominique Collett 31 Jan 2017

Key considerations before embarking upon a building project
Key considerations before embarking upon a building projectArticle

On any building project, meticulous attention to detail in the planning and design stage, leading to comprehensive and clear drawings, specifications and schedules of finishes, is crucially important, when presenting information to prospective builders...

Allen Bodill 6 Jul 2016

Success of engineering projects shaped with risk resolution in mind
Success of engineering projects shaped with risk resolution in mindArticle

Managing risk and promoting safety is paramount in engineering practice. Successful projects are not selected but shaped with risk resolution in mind...

Alvin Dye 27 May 2016

Image via
#InTouch2016: Digital opportunity in the automotive arenaArticle

Michael Frans, head of business operations: automotive at T-Systems South Africa...

Lauren Hartzenberg 23 May 2016

Engineering the risk
Engineering the riskArticle

Large engineering projects are characterised by substantial irreversible commitments, skewed reward structures when succesful, and high probabilities of failure...

Alvin Dye 14 Apr 2016

Insurance tales of the high seas
Insurance tales of the high seasArticle

Shipping losses continue their long-term downward trend...

22 Mar 2016

SA has most drunk-driving related deaths in the world
SA has most drunk-driving related deaths in the worldArticle

The latest Global Status Report on Road Safety for 2015 by the World Health Organisation (WHO) reveals that South Africa has more drunk-driving related deaths than anywhere else in the world...

2 Dec 2015

Gary Allemann
Geocoding is vital to understanding your customerArticle

Geocoding is not new to the South African market; however its use has historically been relegated to the Geographical Information Systems (GIS) team and had limited use within mainstream business...

Gary Allemann 1 Apr 2015

'Digitisation' could lead to a decrease in Motor insurance premiums
'Digitisation' could lead to a decrease in Motor insurance premiumsArticle

The price of motor insurance could decrease once South Africa's motor insurers begin sharing data and implement a process of placing all driving records and policy details online...

17 Nov 2014

New app aims to simplify the absenteeism reporting process
New app aims to simplify the absenteeism reporting processArticle

A new business productivity improvement IT application, called Appsent, has been introduced to the South African market. The application is specifically targeted at business owners, HR managers, line managers and operational staff in South Africa businesses who have staff reporting to them.

1 Sep 2014

1st for Women launches new campaign in support of Foundation
1st for Women launches new campaign in support of FoundationArticle

1st for Women has launched a new campaign called, 'Giving, it's what women do', in support of the 1st for Women Foundation, which focuses on two main causes: gender-based violence and cervical cancer. (video)

13 Jun 2014

CareCross utilises QlikView to improves efficiency
CareCross utilises QlikView to improves efficiencyArticle

The CareCross Health Group, which aims to provide quality care to all South Africans, regardless of means, leverages synergies between its health care provision, insurance risk management, professional services and manufacturing capabilities, as well as managing an extensive network of health care professionals and pharmacies.

1 Jun 2014

Ad about risky male drivers gets green light
Ad about risky male drivers gets green lightArticle

Men are riskier than women when it comes to car insurance.

27 Mar 2014

Gender Directive is discriminatory, says 1st for Women MD
Gender Directive is discriminatory, says 1st for Women MDArticle

Since the Gender Directive was passed into European Union legislature, women are paying much more for car insurance than they were a year ago. According to the new legislature there has been a ban on insurance companies using gender as a risk rating factor.

14 Aug 2013

Ways to reduce insurance premiumsArticle

Many consumers may unknowingly be paying more than they should for their car insurance - often one of their biggest short-term insurance payments - due to a failure to assess the value of their vehicle when it comes time for annual insurance policy renewals.

Alf James 27 Nov 2012

AIM Solutions launches product to cover temporary incapacityArticle

A short term insurance product that provides employee income insurance for temporary incapacity for a period of 12 months, has been launched by Advanced Incapacity Management Solutions (AIM Solutions). The product, underwritten by Lion of Africa Insurance, differs from other insurance products in that it has been designed to manage claims rather than increase premiums.

23 Aug 2012

Licence suspension could lead to insurance claim repudiation - MUA
Licence suspension could lead to insurance claim repudiation - MUAArticle

The call from the Road Traffic Management Corporation (RTMC) to suspend drivers licences of motorists convicted of certain traffic offices - including driving under the influence of alcohol or other narcotic substances, reckless, negligent or inconsiderate driving and excessive speeding - places offenders at risk of insurance claim repudiation should they be involved in an accident while their licences are suspended.

30 May 2012

Managing business insurance riskArticle

Many of the risks business owners face needs to be managed tightly to prevent and contain potential losses. While a well-structured insurance policy forms a vital part of doing so, effective and comprehensive risk management requires an ongoing, holistic and proactive approach to the various risks faced within specific segments of the markets that businesses operate in.

Yurika Pistoriu 14 Mar 2012

Gender insurance clause prejudices EU womenArticle

Commenting on the European Union's new gender ruling, which prohibits insurance companies from offering cheaper car insurance to women on the basis of their gender, Robyn Farrell, MD of 1st for Women Insurance Brokers, states that this would lead to women subsidising the riskier driving habits of men.

24 Mar 2011

MiWay adds motorbikes to coverArticle

The MiWay MiBike product offers clients the option to cover their bikes for market, trade or retail values or a special agreed value on custom bikes or collector bikes. A further feature is the 24/7 roadside service bundled into the premium.

7 Mar 2011

Brand private cars with ads
Brand private cars with adsArticle

Primedia Unlimited has announced the launch of brandyourcar.com, which offers advertisers the opportunity to brand privately owned vehicles, selected from a database of individuals who made their vehicles available for branding. The consumer's vehicle then becomes the medium as a moving billboard within targeted audience communities and lifestyles.

14 Sep 2010

Beware private transport insurance risks
Beware private transport insurance risksArticle

Conventional personal insurance policies may not cover local people planning to transport paying guests during the World Cup period. Clients hosting paying guests must check the exclusions in their policies before they offer transport or airport transfers to guests.

Clint Harker 15 Apr 2010

Does your cover meet the new inflation test?Article

Rising inflation doesn't only put pressure on the Reserve Bank - it also tests short-term insurance cover. Macro factors like inflation and rising import costs on the back of a weaker Rand can drive up replacement values of many household items, from audio equipment to furniture and appliances.

5 May 2008

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