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‘Open architecture innovation’ will drive new growth for insurers

Aon plc, the global professional services firm providing a broad range of risk, retirement and health solutions, has launched its annual Global Insurance Market Opportunities (GIMO) report, which examines key areas of potential growth for insurers. (more…)

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Lee Bromfield

Don’t overlook insuring your partner’s parents

Couples in long-term committed relationships often find themselves having to support their spouses financially when one of their in-laws who doesn’t have adequate funeral insurance passes away. (more…)

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WEF outlines top trends in global risks for 2017

Economic inequality, societal polarization and intensifying environmental dangers are the top three trends that will shape global developments over the next 10 years, the World Economic Forum’s Global Risks Report 2017 found. Collaborative action by world leaders will be urgently needed to avert further hardship and volatility in the coming decade. (more…)

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Santam enters into agreement with Munich Reinsurance

Santam, South Africa’s largest general insurer, has entered into an agreement with leading reinsurer Munich Reinsurance Company of Africa Limited (hereinafter referred to as Munich Re of Africa) in terms of which selected Santam business units will be able to use the reinsurer’s Standard & Poor’s (“S&P”) AA- credit rating to write inwards international reinsurance […]

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John Cranke of PSG Wealth explains disability insurance

Are you protecting your most valuable asset?

Disability insurance policies should be tailor-made to suit your particular needs. There’s no one size fits all solution. (more…)

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Gap cover – A few questions answered

By Anthea Towert, CFP®| Financial Planning Institute’s Healthcare Competency Committee Chairperson Introduction The public has a constitutional right to insure themselves against any financial risk, but often they are unaware of the subtle differences between a health insurance product and a medical scheme. The belief is that a health insurance policy offers the same protection […]

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Life insurance that makes a difference

A new life insurance company that will enable policyholders to donate their first premium each year to philanthropy was launched in Johannesburg on 12 March 2015. Different Life aims to make a significant difference to how business is done in South Africa. Its co-founders, brothers Philip and Atholl Tomlinson, believe that a company which makes […]

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2015 World Cups highlight inadequacy of sportsperson’s insurance in SA

With major sporting events such as the IRB Rugby World Cup and the ICC Cricket World Cup taking place in 2015, it can be expected that some players may become injured while performing their chosen sport. This risk was recently highlighted when Springbok captain, Jean De Villiers, suffered a horror knee injury in the final […]

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