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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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FPI awards – Winners announced

Published: Thu, 29 Oct 20

“We believe that hard work deserves to be rewarded, and that’s why we make sure that we recognise the outstanding achievers in the financial planning industry annually,” according to the Financial Planning Institute of Southern Africa (FPI). On Tuesday night, at a gala dinner that formed part of ...
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Advisors now more dependent on social media

Published: Thu, 29 Oct 20

Advisors now more dependent on social media “Amid the coronavirus pandemic, financial advisors are flocking to social media in order to maintain contact with clients and prospects and to stay abreast of developments in their industry,” according to research released ...
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International Survey maps the future of home and motor insurance

Published: Thu, 29 Oct 20

International Survey maps the future of home and motor insurance A recent Deloitte survey aimed at discovering what customers want, and how COVID-19 has shifted their needs, highlighted that customers favour simplicity. This was the primary finding of a survey of 8 000 customers ...
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It's all about Software-as-a-Service (SaaS)

Published: Thu, 22 Oct 20

What is SaaS eCommerce? SaaS stands for Software-as-a-Service, is a software licensing and delivery model in which software is licensed to a user, it’s a way of delivering services which can be accessed via the internet. SaaS applications run on a provider’s servers; eCommerce platforms allow ...
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Introducing Insure Cloud, your SaaS short term insurance platform

Published: Thu, 22 Oct 20

Stepping into the market   During the pandemic COVID-19 many industries along with the insurance sector experienced a time of uncertainty followed by a sudden change and growth in technological and digital space. The heavy reliance on web-based tools and services for our day-to-day interactions; proved ...
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Call for actuaries to collaborate with government to rid South Africa of “wicked problems”

Published: Wed, 07 Oct 20

As the world continues to grapple with the “wicked problems” created by the Covid-19 pandemic, governments able to efficiently mobilise their diverse talent pools appear to be presenting their citizens with better outcomes than those unable to do so, according Lusani Mulaudzi, President of the Actuarial ...
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AlphaCode awards R450 000 to healthcare fintech at virtual demo day

Published: Mon, 05 Oct 20

Rand Merchant Investments (RMI) startup incubator AlphaCode has taken another step to find the next unicorn in financial services when it chose Oyi Medical Card and awarded it R450 000 at its first virtual demo day. Oyi is one of seven startups that were awarded entrepreneurial packages valued at R2 million ...
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REVIEWING YOUR MEDICAL SCHEME OPTIONS FOR 2021

Published: Thu, 01 Oct 20

The year has posed many uncertainties and now, without knowing what the future holds, private medical aid members need to decide on their medical scheme options for the forthcoming year. One lesson Covid-19 has taught us is to ensure we have sufficient healthcare funding policies in place that suit our own, ...
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SANDWICH PANELS: A Burning Issue - Understanding the Risk

Published: Thu, 17 Sep 20

Sandwich Panel related fires have resulted in major property damage and business interruption losses over the years. What are Sandwich Panels? Sandwich Panels or Composite Panels are structures made up of three layers: a low-density core and a thin metal or plastic skin-layer bonded to each side. Over ...
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Transformation Collection During COVID-19

Published: Wed, 12 Aug 20

While COVID-19 has created havoc on society, this change can contribute to positive opportunities in the way we do business within an enterprise moving forward. Rapid Collect can assist SME's and Enterprises with their collection and payment solutions digitally. Our integrated web based systems will ...
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Covid-19 shines spotlight on gaping holes in personal risk planning and responding insurance solutions

Published: Tue, 11 Aug 20

The Covid-19 pandemic has pulled a critical thread, unravelling the fibre of every economic and social structure, across countries, continents and communities. In the wake of soaring infections, hospitalisations and global lockdowns, this black swan event has painfully revealed how vulnerable we are to an unprecedented, ...
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COVID-19 and guidance for the medical profession

Published: Thu, 06 Aug 20

The Health Professions Council of South Africa (HPCSA) has recognised the severity of the COVID-19 outbreak and provided special guidelines that will apply during the pandemic. The HPCSA will continue to operate, but with restrictions. For example, professional conduct inquiries and in-person mediations will be suspended ...
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Notification obligations under a medical malpractice insurance policy

Published: Thu, 06 Aug 20

Medical malpractice insurance is a practical necessity in the current litigious environment, writes Aneesa Bodiat of Natmed Medical Defence (http://www. natmed. mobi/), as an unfavourable judgment can lead to severe financial and reputation consequences. Some of the most serious cases, for example where ...
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PROFESSIONAL INDEMNITY DURING A PANDEMIC

Published: Thu, 06 Aug 20

The COVID-19 pandemic has created a unique set of circumstances for medical professionals, many of whom would do well to be seek clarity from their professional insurers as they are called on to step into unfamiliar terrain. Medical malpractice insurance usually covers malpractice related to a medical practitioner’s ...
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Liberty Drives Hope - and places the needs of ordinary South Africans at the core

Published: Fri, 31 Jul 20

It was a desperate cry for help on Facebook. When Karen Denny, Divisional Executive for Liberty’s Digital Marketing team, first read it, her heart sank. An elderly woman had anonymously poured her heart out, searching for help after she was sexually assaulted by a relative. The woman’s family and friends ...
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WHY YOU SHOULD TAKE LEAVE DURING LOCKDOWN

Published: Mon, 27 Jul 20

By Paresha Kala and Ashley Ramsoonder, senior consultants and occupational therapists at Alexander Forbes Health Management Solutions   With no clear indication on when Covid-19 lockdown restrictions will end, mental illness, exhaustion and burnout should be a concern for companies. For this reason, they ...
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