Does digital assistance make insurance relevant beyond loss coverage?Published: Thu, 29 Oct 20 In an era of digitisation and disruption, one aspect where most insurers come up short is providing real value beyond the insurance policy.
Traditionally, insurers and brokers have (and continue to) only really engage with policyholders when it comes to policy renewals, claims and premium increases. Of course, ...
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What will Finance Minister Tito Mboweni's 2020 Medium Term budget offer?Published: Thu, 22 Oct 20 South Africa's economic recovery plan
The plan is aimed at fast-tracking the recovery of the economy from the devastation caused by the COVID-19 pandemic. It outlines government's plan to revive the economy with short and long-term interventions. If the plan is executed as presented, it is expected to ...
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Allianz appoints Head of Property for South AfricaPublished: Wed, 21 Oct 20 Ronald Dodo-Tabaziva, currently Lead Property Underwriter is appointed Head of Property in South Africa. Robert Ter Morshuizen, who oversaw Property, Energy and Construction will focus on Energy and Construction. Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz ...
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Creating an insurance strategyPublished: Wed, 14 Oct 20 Insurance, at its essence, is a source of finance to pay for losses, when they occur. In theory, the contributions of the many pay for the losses of the few. The risk transfer to an insurer is subject to conditions but there is the advantage of stability in settled law and practice. For larger organisations, ...
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How to adjust your insurance to achieve optimal financial wellnessPublished: Tue, 13 Oct 20 The last quarter of 2020 is in full swing and little did we know what an interesting and strange year it would be. Apart from the many ups and downs personally as well as financially, most of us had to make drastic changes to our finances to adapt to salary reductions and loss of income. Piet Wolmarans Managing Director ...
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COFFEE, A NEW WORK FROM HOME OFFERING IS LAUNCHEDPublished: Mon, 12 Oct 20 Six-months ago, at the start of lockdown, the majority of South Africans set up their workstations in their own homes in an effort to stop the spread of COVID-19. With the introduction of Lockdown Level 1, more of the workforce can now return to their respective offices, but will they?
“Remote working ...
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THE IMPAIRMENT PROBLEMPublished: Wed, 07 Oct 20 What can happen when sprinklers meet human error?
The Liberty Mutual study documented fires in industrial occupancies where sprinklers were present and should have operated, or perhaps even did operate, but were shut off either before the fire event or prematurely during the fire. These actions, known ...
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Review your will to account for COVID-19, advises JustMoneyPublished: Mon, 05 Oct 20 The COVID-19 pandemic is a timely reminder of the importance of ensuring your personal finances are in order – and a key component of this is an up-to-date will. This legal document, that should take into account the current value of your assets, with instructions on how you wish to allocate them, is particularly ...
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Time to open up the marketPublished: Mon, 28 Sep 20 Over the last two years the South African Motor Body Repairers’ Association (SAMBRA), has been lobbying hard to remove restrictive Insurer Supplier Panels and OEM approval programmes, which effectively preclude consumers exercising their right of choice and damages small business’ who have spent years ...
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Allianz Global Wealth Report 2020: Wealth ImmunityPublished: Wed, 23 Sep 20 A bumper year: In 2019, gross financial assets jumped by 9. 7% and reached EUR 192 trillion
Crisis? What crisis?: Global financial assets increased by 1. 5% in the first six months of 2020, driven by fast-rising bank deposits
Trend reversal: The wealth gap between rich and poor countries has widened again
South ...
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AUTO & GENERAL INSURANCE PUTS ITS MONEY WHERE ITS MOUTH ISPublished: Tue, 22 Sep 20 In these uncertain and unpredictable times, service reliability is crucial. But, how many companies actually practice what they preach, are accountable for their actions, stick to their promises and put their money where their mouths are? Now is the time to make firm commitments, and stick to them. ...
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FNB announces TaxTim as a new eBucks Rewards partnerPublished: Tue, 22 Sep 20 FNB has announced a new partnership with online tax solution firm TaxTim, the latest partner to join its eBucks Rewards programme. FNB and RMB Private Bank customers can now earn up to 50% of the cost of their tax return submission fee back in eBucks when paying for the service using their qualifying FNB/RMB Private ...
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Allianz and Euler Hermes strengthen Africa teamPublished: Wed, 16 Sep 20 Johannesburg – September 16, 2020 – Allianz Global Corporate & Specialty (AGCS) appointed Asheen Maikoo and Piet Schutte as Senior Risk Engineers on September 1, 2020, to continue to provide world-class risk consulting services to help businesses in Africa manage, prevent, and ...
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HOW THE NEW POPI ACT AFFECTS INTERMEDIARIESPublished: Fri, 04 Sep 20 Cyber-attacks are on the rise during lockdown, increasing from the norm of 30 000 daily to 310 000 recorded on the 18 March as criminals exploit the unsecured home networks used by millions of office workers who are now operating remotely. The Protection of Personal Information (POPI) Act aims to mitigate ...
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