B2B Central

Insurance

11 Apr 2025

BrightRock's trauma insurance guide for building industry professionals

By Staff Writer

Does your life insurance cover traumatic injuries? By Sean Hanlon, executive Director at BrightRock Your critical illness cover is there to help you with the additional expenses that come with a serious illness or injury. But does your cover consider traumatic injuries when assessing your claims? Here are some important questions to ask when getting...
27 Mar 2025

Unpacking the state  of our nation’s health 

By Staff Writer

By Damian McHugh, Chief Marketing Officer, Momentum Health  South Africa’s healthcare landscape is at a critical juncture. The burden of disease – primarily driven by non-communicable diseases (NCDs) such as diabetes, hypertension, and mental health disorders – has escalated alarmingly. Over the past two years, NCDs have increased from 51% in 2022 to 55% in...
19 Mar 2025

Insuring infrastructure for climate change

By Staff Writer

The effects of climate change have been debated since the 70s, but evidence has become increasingly apparent over the last two decades, says Regan Duarte, Claims Specialist at SHA Risk Specialists. South Africa is not exempt from this phenomenon, and the country continues to experience significant changes in its weather patterns. In 2022, days of...
17 Mar 2025

VAT hike would be a setback for insurance buyers

By Staff Writer

The 2025 Budget VAT hike would likely not lead to long term economic growth although a positive outcome is to address the insurance protection gap. By Charles Nortje, MD of Old Mutual Insure In the 2025 Budget Speech, the Minister of Finance tabled a proposed 0,5% hike in VAT to 15,5% this year, and a...
10 Mar 2025

Redefining the landscape through mutuality and digital innovation  

By Staff Writer

By Michele Jennings Chief Executive, glu  The financial world is changing, and it’s about time. Gone are the days when financial services were time consuming and complex. New financial services provider glu is redefining what it means to simplify financial services through a mutuality-led value proposition. At the heart of glu lies a commitment to extend...
06 Mar 2025

What types of insurance should businesses be prioritising in 2025? 

By Staff Writer

By Sean Hanlon, Executive Director at BrightRock  As South Africa navigates 2025, businesses are confronting a complex economic environment marked by a projected budget deficit increase to 4.55% of GDP for the fiscal year starting in April. This is up from the previous 4.30% forecast. This widening deficit is attributed to rising debt-service payments, social...
27 Feb 2025

Insurance in the time of economic and geopolitical turmoil 

By Staff Writer

By Mark Sanders, COO at GIB and Jonathan Lindeque, Head of Agriculture and Manufacturing at GIB From the war in Ukraine to tensions in the Middle East, global conflicts and economic uncertainties are disrupting societies, economies and politics, and the ripple effects of these events are felt in the insurance industry. Natural disasters are also...
16 Feb 2025

Kids need a future – not a funeral policy 

By Staff Writer

Education insurance is in many ways more important than funeral cover.
14 Feb 2025

Vitality Car Rating increases consumer confidence in used cars

By Staff Writer

Discovery Insure is revolutionising the second-hand car market with Vitality Car Rating
09 Feb 2025

Addressing misconceptions around gap cover

By Staff Writer

A lack of understanding around gap cover can lead to misconceptions. This is what financial advisers need to know

06 Dec 2024

Obligations of insurers related to cybersecurity and outsourcing

By Staff Writer

By: Lenee Green, Partner, Gabi Richards-Smith, Partner & Londiwe Mazibuko, Candidate Attorney, Webber Wentzel The Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) have announced that Joint Standard 1 of 2024 (Outsourcing by Insurers) and Joint Standard 2 of 2024 (Cybersecurity and Cyber Resilience Requirements), will be effective on 1 December 2024 and 1...
05 Dec 2024

Futurewise tackles rising education costs

By Staff Writer

By: Sandy Welch, Editor: MoneyMarketing Recent research shows that 20% of those who withdrew funds from the Two-Pot System used the money to cover education costs. “This makes perfect sense,” says Arno Jansen van Vuuren, Managing Director at Futurewise. “Education costs are growing faster than inflation and CPI, so people are falling behind. Their incomes...