Advertise Here
Icon

Directory

IconActuaries
IconAdministration Outsourcing
IconAsset Managers
IconAssociations & Institutes
IconAuditors
IconBanking
IconBBBEE Consulting and Verification Agencies
IconBusiness Chambers
IconBusiness Process Management
IconBusiness Process Outsourcing
IconCompliance
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconCurrencies
IconDebit Order Collection Facilities
IconEducation and Training
IconFAIS
IconHuman Resources
IconInformation Technology and Software Partners
IconInvestment Consulting
IconInvestment Fund Managers
IconLegal
IconLISPs
IconListed Equities
IconOmbud
IconParticipation Bond Managers
IconPolicy Administration
IconPolicy Trading
IconProperty Unit Trusts (PUTS)
IconPublications
IconRegulatory Authorities
IconStock Exchange
IconSurveys and Research
IconTraining Courses & Workshops
IconUnit Trust Fund Managers
IconWellness Programs
Image
  Subscribe To »

SAIA successfully launches the third series of its Consumer Education Radio Programme

Published

2020

Tue

25

Feb

Johannesburg – The South African Insurance Association (SAIA) has successfully launched the third series of its Consumer Education Radio Programme which commenced on Tuesday, 18 February 2020.  
 
The programme, which forms a part of the SAIA Consumer Education initiative, aims to equip consumers with awareness of the financial sector, especially the non-life insurance industry products and services while also building consumer financial and risk resilience through addressing the importance of risk and policy management. 
 
Themba Palagangwe, SAIA General Manager: Transformation and Governance Risks says, “SAIA is increasingly shifting its Consumer Education strategy to focus more on creating awareness around the importance of asset protection through the deployment of resilient risk mitigating strategies. Therefore, the intention of the radio programmes is to promote consumers’ understanding of their risk exposure, knowledge about availability of insurance products as risk transferring mechanism and building consumer confidence when engaging with the industry and/or financial sector.”  
 
An increase in climate change occurrences such as wildfires, droughts,  storms and floods and lately, the frequent interruptions of electricity supply in the form of load-shedding, presents a potential increase in the consumer’s financial risk exposure, thereby necessitating the need for the consumer to know, understand and exercise risk mitigating practices that would help to safeguard their assets; be it vehicles, home building and/or home contents.” 
 
Therefore, the radio programmes are designed in such a way that it provides the listeners the opportunity to engage with the non-life insurance industry experts on general insurance product knowledge and creating awareness about the industry processes, such as the importance of obtaining the appropriate products for the risks to be covered and adhering to the prescribed processes when engaging with the industry, particularly during claims stage.  
 
The programme will broadcast on three commercial radio stations until 23 July 2020, airing a total of 36 interviews. The interviews will air bi-weekly and last for approximately 30 minutes. Financial sector experts will engage with listeners on content developed on specific financial education related topics and allow listeners to call in with questions. 
 
 
 
The broadcast schedule is as follows: 
 

Gagasi FM  

Show Listenership:  

541,000

Capricorn FM

Show Listenership:  

90, 000 

Jozi FM

Show Listenership:

106,000 

19h30 19h00 18h30 
18-Feb-20   19-Feb-20 20-Feb-20
03-Mar-20 04-Mar-20 05-Mar-20
17-Mar-20 18-Mar-20 19-Mar-20
31-Mar-20 01-Apr-20 02-Apr-20
14-Apr-20 15-Apr-20 16-Apr-20
28-Apr-20 29-Apr-20 30-Apr-20
12-May-20 13-May-20 14-May-20
26-May-20 27-May-20 28-May-20
09-Jun-20 10-Jun-20 11-Jun-20
23-Jun-20 24-Jun-20 25-Jun-20
07-Jul-20 08-Jul-20 09-Jul-20
21-Jul-20 22-Jul-20 23-Jul-20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Zanele Gigaba, Transformation Manager at SAIA concluded by saying, “We need to empower consumers to look after their properties to preserve the value and reduce the risk for a loss that could impact them negatively financially. Insurance is not an answer to everything, but it forms part of a wider risk mitigation strategy. Once a consumer has purchased a policy, how do they ensure that it is maintained in such a way that at the time of a claim, the benefits of the policy are realised? It is through knowledge, most of which will be shared through these radio programmes.” 
 
 

 
Source: SAIA
 
« Back to previous page Print this page » |
 

Breaking News »

Crisis brings opportunities for equity investors

By Justin Floor, fund manager at PSG Asset Management   It has been a long winter for many SA investors and we don’t know when it will turn around. In fact, there is still very little we know ...
Read More »

  

Insurance and Risk in a Post-Covid Economy

Certain insurance classes will take a hit while others will have time to recover, consumer behaviour will radically change the rules of engagement for insurers and brokers, and accelerate digital transformation   Nothing ...
Read More »

  

COVID-19 Swings the Spotlight Back onto Emerging Countries’ Debt

While the focus so far has been mainly on China, Europe and the United States, the consequences of the COVID-19 pandemic are likely to be even more severe for emerging economies, says International credit insurer, ...
Read More »

  

Coronavirus impact on shipping industry: idle vessels face new risks, Allianz warns

Increasing disruption and economic pressures caused by the pandemic also has serious risk management implications for the maritime community and insurers alike. Covid-19 pandemic makes it difficult to relieve crews, ...
Read More »

 

More News »

Image

Healthcare »

Image

Life »

Image

Retirement »

Image

Short-term »

Advertise Here
Image
Image
Advertise Here

From The Glossary »

Icon

Market-impact Costs:

The implicit costs arising from participating in the market. For example, by selling large volumes of shares at once, the manager may influence the market price downwards, leading to the value of the share price being eroded.
More Definitions »

 

Advertise

 

eZine

 

Contact IG

 

Media Pack

 

RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2020. All Rights Reserved.