B2B Central

Insurance

31 Mar 2021

Sheldon Shaw: Making his mark

By Staff Writer

Tattoo artist, Sheldon Shaw,explains the impact of his profession on the lives of others and why he needs income protection to continue making his mark.
30 Mar 2021

Sanlam's new promise to Africa

By Staff Writer

Sanlam announced today that it would reboot its business to become a purpose-led organisation and brand, focused on giving millions of Africans the chance to live with financial confidence. In the next two to three years, the continent’s largest non-banking financial services group plans to catalyse this purpose.
30 Mar 2021

The AARTO Act: What you need to know

By Staff Writer

The long-awaited driver demerit system is likely to come into effect this year. The Administration Adjudication of Road Traffic Offences Act (AARTO) has been in the works for a while – since a trial in 2008, in fact – but it’s now firmly back on the agenda, with commencement planned for July.
29 Mar 2021

'Doctors may feel compelled to provide ivermectin'

By Staff Writer

The COVID-19 pandemic has brought about worldwide economic, social and medical uncertainty. For doctors, this uncertainty extends to whether new treatments will be beneficial to patients in protecting them from the coronavirus or not. They also worry about the medicolegal implications of clinical decisions they take in the face of rapidly evolving clinical knowledge and shifting regulations.
29 Mar 2021

Momentum pays out an estimated R750m in Covid-19 related death claims

By Staff Writer

When Momentum reflected on life insurance pay-outs for Covid-related deaths in October last year, it recorded at around R160 million, which seemed like a big number. Fast forward to end February 2021, and it pales in comparison to the staggering R750 million worth of Covid related death claim pay-outs by Momentum.
25 Mar 2021

Hollard Group’s life insurance pay-outs soar to historic highs

By Staff Writer

The Hollard Insurance Group, South Africa’s largest privately owned insurance group, today reported that it has paid out the highest death benefit claims in its 41-year history in the period since March 2020.

24 Mar 2021

BrightRock announces strong growth in 2020, despite COVID-19’s challenges

By Staff Writer

Needs-matched life insurer BrightRock has released an update on its business performance across its individual life, group life and funeral assistance business. Despite the tough market conditions and trying times in the industry, BrightRock delivered industry-leading growth for the 2020 financial year.
24 Mar 2021

FNB Life proactively pays out biggest claim to date

By Staff Writer

FNB Life has proactively paid out its biggest claim to date, valued at R 6 million, for a customised Life insurance policy. The claim was proactively triggered by the FNB Life’s routine policyholder check, followed by a trace of the beneficiary.
21 Mar 2021

Pandemic consumer behaviour and what it means for insurance and personal financial planning

By Staff Writer

The experience of living through COVID-19 has changed consumer behaviour, reshaping our wants and needs and reprioritising what’s important and what’s peripheral. Some of these behavioural changes are likely to endure after the pandemic ends and includes greater health awareness, digital adoption, value-driven purchasing, remote working and ‘nesting’ as homes take centre stage in our socially-distanced lives.

16 Mar 2021

Is Hollard Namibia refusing to recognise tourism and hospitality BI claims?

By Staff Writer

Courts in the UK and South Africa, at the end of last year, confirmed the validity of COVID-19 Business Interruption insurance claims in the tourism and hospitality sector. Insurers have agreed to settle these claims and have started making payments to businesses devastated by the coronavirus pandemic. In SA, this includes Hollard – however, Hollard Namibia has allegedly not followed suite.
15 Mar 2021

Three top wealth managers join PSG Wealth in Rosebank

By Staff Writer

Shaun Kotwal, Danilo Mantoan and Tim Harraway have established a new wealth management business based at PSG Wealth Rosebank in Johannesburg. All three wealth managers join PSG with significant experience in financial services. PSG has an already successful adviser team based in Rosebank, which has been running for the past three years. The new team...
12 Mar 2021

Santam acquires 100% of Mirabilis Engineering Underwriting Managers

By Staff Writer

Santam, South Africa’s largest short-term insurer, will increase its stake in Mirabilis Engineering Underwriting Managers (Mirabilis) by acquiring the remaining 45% shareholding.