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Michael Furtschegger to lead Entertainment line of business at AGCS globally

Published: Thu, 25 Feb 21

Furtschegger was previously responsible for the international expansion of Entertainment, which is an AGCS line of business since 2015 Entertainment was hit significantly by Covid-19-driven claims in 2020, but is expected to develop into a successful and sustainable book of business for AGCS Johannesburg/London/Munich/New ...
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AGCS 12 months results update

Published: Fri, 19 Feb 21

In an extremely challenging environment in 2020, Allianz demonstrated resilience to an unprecedented health crisis and prolonged interest rates. The financial performance in the fiscal year 2020 has been remarkably robust across all business segments, though the Covid-19 pandemic left its mark, especially in the Property-Casualty ...
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Allianz delivers a strong finish to 2020

Published: Fri, 19 Feb 21

In the face of an extremely challenging environment in 2020, Allianz demonstrated resilience to an unprecedented health crisis and prolonged low interest rates. The financial performance in the fiscal year 2020 has been remarkably robust across all business segments, though the COVID-19 pandemic left its mark ...
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How you can benefit from the Skills Development Levy

Published: Tue, 16 Feb 21

Do you, as an employer, understand why you are paying a Skills Development Levy (SDL)? Do you know that this gives you access to funds for training? Many business owners just see it as a compulsory payment of 1% from their monthly payroll, and that’s it. “Many employers don’t realise that ...
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The Fulcrum Group: refined look, same values, still the market leader

Published: Wed, 10 Feb 21

Successful companies are those that move and change with the times, but still provide the excellence and continuity of service for which they are known and respected. Companies like Fulcrum. We’ve existed under the Fulcrum brand since 2012 (although our origins go back nearly three decades), and in ...
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If I cannot afford medical scheme membership, what are my health insurance options for 2021?

Published: Wed, 10 Feb 21

Health insurance solutions are increasingly in demand by consumers who simply cannot afford the high price of medical scheme cover, but simply cannot take the risk of not having any access to quality healthcare at all. The benefit of health insurance is that it provides a range of options on cover from basic ...
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Allianz Risk Barometer 2021: Covid-19 trio tops South Africa and global business risks

Published: Tue, 19 Jan 21

10th Allianz survey: Business interruption, Pandemic outbreak and Cyber incidents are the top three business risks for 2021 – all strongly interlinked. Cyber incidents, Business interruption and Pandemic outlook are the top three business risks in South Africa. Pandemic outbreak rockets to #2 from ...
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Introducing our new eNews App

Published: Wed, 13 Jan 21

Insurance Gateway is thrilled to introduce our brand new electronic newspaper. The final product is available as both a mobile and desktop application. Our aim with the app was to develop an electronic newspaper that would dynamically reflect and complement our more extensive Insurance Gateway website. The pages are ...
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Healthcare planning new year resolutions for 2021

Published: Tue, 05 Jan 21

2020 has been a brutal year, financially and emotionally. The pandemic and its subsequent aftershocks on household income and spending have been severe. Going into the new year, many families are reviewing household expenses and prioritising the ‘must haves’ from the ‘nice to haves’, but also ...
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Healthcare Funding and Resources – SA’s ‘other’ pandemic

Published: Wed, 09 Dec 20

Wednesday, 9 December 2020 - The global COVID-19 pandemic has plunged the medical community into a furious race to develop a vaccine – at an exponentially faster rate than any other illnesses. By early June over a hundred studies were being conducted to develop a vaccine, and pharmaceutical company Moderna is ...
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Report highlights impact of Covid-19 on household finances

Published: Mon, 07 Dec 20

Report highlights impact of Covid-19 on household finances Towards the end of November 2020, the Momentum/Unisa Household Finance Insight Report for 2020 was released. A specific analysis was done to estimate the impact of Covid-19 and the lockdown on household finances to, among others, determine the magnitude ...
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Local CIS industry sees record net inflows despite Covid-19 woes

Published: Mon, 07 Dec 20

Local CIS industry sees record net inflows despite Covid-19 woes The Association for Savings and Investment South Africa (ASISA) recently released the Collective Investment Schemes (CIS) industry statistics for the quarter and year ended September 2020. South African investors committed R57 billion in net inflows ...
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Draft Conduct Standard published for CIS Managers

Published: Mon, 07 Dec 20

Draft Conduct Standard published for CIS Managers A draft Conduct Standard, setting out both the principles and fit and proper requirements that CIS managers must comply with on an ongoing basis, was released by the Financial Sector Conduct Authority (FSCA) on 2 December 2020. The draft Conduct Standard ...
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FAIS Ombud Annual report highlights the need for TCF

Published: Mon, 07 Dec 20

During the 2019/2020 financial year the Office of the FAIS Ombud received a total of 8835 new complaints - a reduction of 5. 23% from the 9323 received during the 2018/2019 financial year and the 10 211 received during 2017/2018. In the report, released on Friday, the FAIS Ombud emphasises its three-fold ...
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DIVERSITY AND DIRECTORS AND OFFICERS LITIGATION

Published: Wed, 02 Dec 20

Diversity awareness is more important than ever before for senior management in all companies, as more and more investors, activists and shareholders, not to mention regulators, begin taking it more seriously. But, for those who don’t, a flurry of recent lawsuits should raise concerns that directors and officers ...
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COVID-19: NAVIGATING THE ‘CEO MOMENT’

Published: Wed, 02 Dec 20

In the wake of the Covid-19 shockwaves, companies are still having to plan and implement return-to-office measures. Given that, and a looming global recession, the pressure – and risks – couldn’t be higher for executives, as highlighted in a recent Clyde & Co. and Allianz Global Corporate & ...
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NORTON ROSE FULBRIGHT SCOOPS AWARD FOR INNOVATIVE INSURANCE COMIC BOOK

Published: Wed, 18 Nov 20

At a virtual awards ceremony on Friday November 13, 2020, Norton Rose Fulbright in South Africa was recognized by the Institute of Risk Management South Africa (IRMSA) for leaping out of the proverbial box with an innovative ‘first-in-industry’ comic book, developed to inform clients about avoidance and ...
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Health checks and treatment should be addressed even during COVID-19

Published: Wed, 04 Nov 20

Around the world, many people are choosing to delay treatment for serious and chronic ailments because they are worried about being exposed to COVID-19 in healthcare settings. In the early months of the pandemic, some hospitals in the United States saw a marked decline in the number of heart attack and stroke patients ...
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BrightRock need-matched products continue to provide certainty for clients, driving growth

Published: Wed, 04 Nov 20

Key performance indicators BrightRock ranked second in terms of new business annual premium written by independent financial providers in the second quarter of 2020 (COVID-19 lockdown) * BrightRock, once again, was the fastest growing insurer in our segment in this period * 4% increase in new business annual ...
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Medical malpractice claims, adverse inferences and res ipsa loquitur

Published: Sun, 01 Nov 20

The Eastern Cape MEC for Health was held vicariously liable for the negligent conduct of provincial hospital nursing staff in failing to take the necessary steps to ensure that a patient’s wound was properly assessed and cleaned and that all debris, specifically a large shard of glass, had been removed. The ...
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