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Press Room

Press Archive »

Genasys provides the tech fuel powering the latest partnership for insurtech MGA Equipsme

Published: Thu, 25 Feb 21

Simply Business recently announced its partnership with UK insurtech MGA Equipsme to allow its customers to directly purchase health insurance plans online for the first time. Having been the tech engine fuelling Equipsme since its launch in the UK three years ago, it is hugely rewarding for the team at Genasys to ...
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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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PERSONAL BELONGINGS MUST BE KEPT CLOSE TO THE INSURED

Published: Tue, 16 Feb 21

The policy for the insured valuables that are governed by the “close personal custody and control requirement”, means that the insured property shall be “held by, worn or attached to the insured at all times whilst in transit. ” The Office of the Ombudsman for Short-Term Insurance ...
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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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Three insurance-friendly tips for your date this weekend

Published: Wed, 10 Feb 21

Luzanne Wait, an insurance adviser at PSG Jeffrey’s Bay In the time of Covid-19, with lockdown regulations changing frequently and some restaurants, bars, and other indoor gathering places closed or operating differently, the at-home date night has grown more popular. Many of us are simply choosing to stay ...
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Planning for your child’s education in 2021 – is it really worth it?

Published: Wed, 10 Feb 21

With schools opening and closing throughout last year and the opening of schools delayed to 15 February this year, it is difficult for parents to plan and make decisions regarding the future of their children’s education. Some parents might consider home schooling as an affordable, perhaps more safe or convenient ...
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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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Introducing Insure Cloud, your SaaS short term insurance platform

Published: Tue, 12 Jan 21

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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Allianz Begins Eight-Year Worldwide Olympic & Paralympic Partnership

Published: Mon, 11 Jan 21

Official start of worldwide partnership with Olympic & Paralympic Movements Allianz expands local initiatives to engage and bring together athletes, teams, volunteers and fans in more than 200 countries Backs Olympic & Paralympic Movements with products & services   Munich, January 11, ...
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Keeping your 2021 in check

Published: Wed, 06 Jan 21

Bertus Visser, Chief Executive of Distribution at PSG Insure The new year is in full swing already, but for those who enjoyed a festive break, holding on to that holiday feeling might be quite tempting. Procrastinating can be peaceful to a point but delaying some important upgrades to your insurance cover could ...
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PRESS RELEASE: C2 Technologies Group

Published: Wed, 06 Jan 21

C2 Technologies Group selects The Data Company to deliver an IFRS 16 lease management solution. The Data Company is delighted to announced that it is working with C2 Technologies Group (“C2 Group”), a global technology and software company, to develop a lease tracking solution to help them and their customers ...
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Allianz: Litany of new risks for directors and officers in 2021 driven by insolvencies, cyber threats and ESG scrutiny

Published: Tue, 15 Dec 20

AGCS report identifies mega risk trends for directors and officers in 2021 – Covid-19 pandemic and its economic fallout increase exposures for them to be held accountable for poor performance or management decisions Nervousness in an already strained D&O insurance market about current risk environment ...
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Outsmart criminals by being safety savvy – Iemas Insurance Brokers gives a few tips on how to stay safe during the festive season

Published: Tue, 15 Dec 20

Staying at home or not travelling as much as you used to, does not mean that you won’t be a victim of crime. According to an annual report released by Stats SA, at the end of March this year 469 224 property-related crimes were reported, while 18 162 carjacking cases and 59 883 shoplifting cases ...
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Aon Report Highlights a Path Toward "The New Better" in Wake of COVID-19 Pandemic

Published: Wed, 09 Dec 20

Study shows global shift in attitudes of leading organisations toward long-tail risks and the impacts on how society will continue to work, travel and convene. More than 130 organisations across multiple industries and four continents in ten cities participated in coalition meetings, sharing best practices ...
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Allianz Global Corporate & Specialty makes global leadership appointments

Published: Mon, 07 Dec 20

Jeremy Sharpe joins from AIG to lead AGCS’s Global Distribution function Patrick Thiels moves to lead AGCS’ expanded Mediterranean & Africa Region Corinne Cipière joins Board of Management of Allianz France. Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore – December 7, ...
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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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From The Glossary »

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Buy Price:

The price at which the investor can buy units inclusive of the initial charge and compulsory charges (marketable securities tax and brokerage) from the management company. Also referred to as the selling or purchase price. The different terminology used in the market is very confusing and should ideally be used in its "broader context" (i. , buyers' versus sellers' price) selling versus repurchase price or purchase versus repurchase price to facilitate ...
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