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Press Room (Page 2)

Press Archive »

OVER 10 000 ROAD DEFECTS FIXED BY THE POTHOLE PATROL

Published: Thu, 08 Jul 21

Since its launch in May, steady progress is being made by The Pothole Patrol project, with over 2 500 potholes filled. Commenting on the journey so far, Anneli Retief, Head of Dialdirect says: “We are pleased with the progress and difference made to date, but road conditions are a lot worse than ...
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Genasys revealed as tech partner behind insurtech life insurer Bequest

Published: Wed, 30 Jun 21

Genasys has been revealed as the technology partner fuelling the ground-breaking life insurance proposition recently launched by insurtech, Bequest. Bequest is a life and end-of-life estate management provider for the digital generation, bringing together a person’s life administration, family planning, wealth ...
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Free Online Discussion – recent regulatory impact on claims

Published: Thu, 17 Jun 21

Learn about the recent regulatory impact on claims by joining us online this Friday 18 June 2021. The amended Policyholder Protection Rules promulgated under section 55(5) of the Short-term Insurance Act as amended and currently in operation, alongside several key board notices has far-reaching implications when it ...
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The Implications Of Overloaded Vehicles On Your Insurance Policy

Published: Fri, 11 Jun 21

Overloading – it’s a common occurrence on our roads. If we don’t drive past an overloaded bus, taxi or truck, then we read about another horrific accident caused by one. Hundreds of passengers lose their lives every year, and numerous transport owners count the cost of claims being rejected based ...
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Supporting Brokers In Optimising The Claims Experience Of Their Clients.

Published: Mon, 07 Jun 21

TANSA is a team of dedicated professional Attorneys, Forensic accountants, Disaster Claims Experts and Insurance Specialists focused on Insurance Claims & Dispute Resolution. Their mission is to support brokers in optimising the claims experience of their clients. They collaborate with brokers to effectively ...
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Redefining the role of the broker in a digital age

Published: Wed, 02 Jun 21

Technology, data, cultural and behavioural change of the consumer is transforming the role of the broker – and the importance of advice – in South Africa’s intermediary insurance market. Soul Abraham, Old Mutual Insure’s newly appointed Chief Executive for Retail Insurance examines ...
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Premium collections now available through Brolink

Published: Wed, 02 Jun 21

Brolink has entered the premium collection market. Says the company’s CEO, Howard John, “After a very successful pilot programme, and working through a number of legislative issues that arose during testing, we are delighted to announce that we have gone live with a competitive premium ...
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Scott Sayce appointed Global Head of Cyber at Allianz Global Corporate & Specialty

Published: Tue, 01 Jun 21

Scott Sayce to join AGCS in September 2021 in a dual leadership role for AGCS’s cyber underwriting business and the Cyber Center of Competence for Allianz Group He succeeds Catharina Richter who will transfer to a new role in Allianz Group Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore ...
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From the Desk of the Chief Executive: Viviene Pearson

Published: Tue, 01 Jun 21

The government kicked off its phase 2 of the COVID-19 vaccinations in earnest during May 2021, with minimal people in the 60+ age group registering discontent. It is pleasing to know that the government had progressed from the “talk and planning” to execution mode. As the non-life insurance industry body, ...
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IBILITI UNDERWRITING MANAGERS CELEBRATE 10 YEARS IN THE SHORT-TERM INSURANCE INDUSTRY

Published: Tue, 01 Jun 21

Ibiliti Underwriting Managers are celebrating their 10th birthday this month. MFRF part of Old Mutual Insure, Ibiliti has been serving the short-term insurance sector by catering for unique and diverse South African business for a decade. Says Yolandé van Niekerk, founder and managing director, “A lot ...
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There can be positive pay-offs when planning to fail

Published: Mon, 31 May 21

We often hear that failing to plan is planning to fail. This axiom is especially true when it comes to financial planning, but planning for failure could set you up to deal with unexpected circumstances far better. Insurance can be a bit of a grudge purchase, since you may think you could end up not needing to claim ...
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Majority of local investors miss out on strong stock market recovery

Published: Thu, 27 May 21

The local Collective Investment Schemes (CIS) industry reported net inflows of R13. 69 billion in the first three months of this year, taking to R203. 83 billion the total net inflows for the 12 months to the end of March 2021. The CIS industry statistics for the quarter and year ended March 2021, released today by ...
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TIME TO SWITCH IT UP?

Published: Wed, 26 May 21

South Africa, xx May 2021: After a year of lockdowns, a lot of South Africans have vastly changed circumstances. Many are clocking up fewer kilometres now that they’re working from home, others are looking to cut costs in the current economic climate. And some have even made dramatic changes, like moving out ...
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Euler Hermes announces key changes in their Board of Management and Regional Management teams

Published: Tue, 25 May 21

Euler Hermes, the world’s leading trade credit insurer, announces key changes in their Board of Management and Regional Management teams. While the Covid-19 crisis reaffirmed the critical role of credit insurance in sustaining global trade, Euler Hermes will help businesses catch the upswing in still uncertain ...
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The Anti-Money & Financial Crime Southern Africa Conference

Published: Thu, 20 May 21

Support from insurance companies again expected for Anti-Money Laundering and Financial Crime Southern African Conference 2021 Trade Conferences International (TCI) is hosting its well-known flagship event on anti –money laundering again this year after a break last year due to COVID. The Anti-Money ...
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The Fulcrum Group Appoints Managing Director Designate of Fulcrum Collect (Pty) Ltd

Published: Thu, 20 May 21

The Fulcrum Group would like to announce with effect 1 May 2021, the appointment of Jade Jensen as Managing Director Designate of Fulcrum Collect, the premium collections business of the Fulcrum Group of companies. Jensen, who has been Fulcrum Collect’s General ...
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Allianz begins 2021 with strong results

Published: Wed, 12 May 21

Allianz published its Q1 financial results today May 12, 2021. In a nutshell: Total revenues of 41. 4 billion euros, adjusted for currency and consolidation effects, flat compared to prior year level 1Q 2021 operating profit up 44. 3 billion euros 1Q 2021 net income attributable to shareholders increased ...
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Maria Grace appointed Global Head of Property at Allianz Global Corporate & Specialty

Published: Mon, 10 May 21

Grace joins AGCS from Everest Re Group succeeding Thierry Portevin who leads AGCS’s global risk consulting team since March. Property line of business contributed 10 percent to AGCS’s global premium income in 2020 Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore – 10 ...
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Parents: Are you properly covered?

Published: Thu, 06 May 21

Parents have so much to think about, especially when it comes to essentials like savings for the family, healthcare or provisions should something bad like a dread disease happen. There are many aspects of modern family living that require thorough planning, and short-term insurance should be key among them. Home ...
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Covid, Cyber, Compliance and ESG top risk concerns for financial services sector: Allianz

Published: Thu, 06 May 21

New AGCS report identifies key risks and loss trends for the financial services sector. Covid-19 may drive market corrections and insolvencies – which could impact financial institutions’ balance sheets, increase exposures for directors and result in litigation. AGCS analysis of $1bn of insurance industry ...
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