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Bertus Visser

Taxi violence highlights the importance of Sasria cover – do you have it?

By Bertus Visser, Chief Executive of Distribution, PSG Insure. Taxi violence and recent service delivery protests are a a reminder of the importance of Sasria cover as part of your insurance policy. (more…)

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Lee Bromfield

Avoid overspending on funerals

Consumers who do not plan ahead for funerals could find themselves overspending in a last minute effort to give their loved ones a dignified send off. (more…)

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Life Insurance

Policyholders and beneficiaries receive R458 billion in benefit payments from life insurers

Despite facing strong economic headwinds, South African life insurers honoured claims by policyholders and beneficiaries worth R458 billion in the year ended 30 June 2017. This represents a 9% increase in benefits paid when compared to the previous 12-month period. At the same time life insurers managed to grow assets by 2% to R2.7 trillion. […]

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insurancefeat

‘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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firesmall

Fires cost SA businesses millions annually

South Africa loses millions of rand to fire each year. The past fire season has seen thousands of people displaced from their homes as a result of fires in the Knysna area while acres of vineyards were destroyed in the Western Cape in January, decimating revenues within the wine industry. (more…)

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Insurance solution

Insurance market favourable for cell captives and UMAs

At the 2017 Insurance Conference (IISA) held at Sun City recently, Peter Jennett, chief executive officer of leading specialist insurer, Centriq Insurance, said the cell captive insurance model is going strong despite tough market conditions and ongoing regulatory challenges. (more…)

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Saks Ntombela

Hollard Insurance Group appoints Saks Ntombela as CEO

The Hollard Insurance Group, South Africa’s largest independent insurer, has appointed Saks Ntombela as Group Chief Executive Officer. Ntombela will assume the role on 1 October, taking over from current CEO, Nic Kohler, who announced in January that he would step down after 10 years at the helm. (more…)

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Lee Bromfield

Tips to save on funeral insurance

More often, consumers who are in financial predicaments are quick to turn to their bank statements to review the viability of grudge purchases like insurance, as a quick solution to free up cash to cover debt obligations. (more…)

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