B2B Central

Short Term Insurance

03 Oct 2019

What if you used your data to enable a dazzling customer experience?

By Janice Roberts

South African insurers are increasingly using so-called 4IR technology, like data analytics, to better assess risk, optimise leads and even process claims. But the real opportunity of Big Data today lies in using research and insights to smooth customer pain points and transform the customer experience, says short-term insurer King Price.
02 Oct 2019

Sasria presents powerful figures showing a state-owned success

By Janice Roberts

State-owned short-term insurer Sasria SOC Ltd (Sasria) has once again presented Parliament with a welcome set of clean and sustainable figures as detailed below: Gross written insurance premium up by 8.8% to R2,1 billion Net Insurance claims up by 138.1% to R1.5bn Combined loss ratio up by 73% to 114.7% Net loss of R73 million...
26 Sep 2019

What are the chances? Preparing for curveballs

By Janice Roberts

Bertus Visser, Chief Executive of Distribution at PSG Insure. You accelerate instead of press the brake pedal – life happens. Unfortunately, if it’s when your vehicle goes through an office window, it can cost a lot more than you bargained for.  You just never know what life may throw at you. Imagine being the driver,...
23 Sep 2019

King Price enables clients to boost #MakingADifference donations

By Janice Roberts

Over the past seven years, insurer King Price has saved its clients more than R150 million with its car insurance premiums that decrease monthly as the cars lose value. Now, King Price is offering its clients the opportunity to donate their monthly decrease and boost its #MakingADifference initiatives.
23 Sep 2019

Managing Political and Trade Credit Risks priority for multinational businesses in Africa

By Janice Roberts

As businesses continue to expand across borders into Africa, they potentially face a number of geopolitical threats such as expropriation, discrimination, political violence, forced abandonment, trade agreements and exchange controls – collectively known as political and trade credit risks.
20 Sep 2019

Santam voted top short-term insurer

By Janice Roberts

For an impressive 6th consecutive year, Santam, South Africa’s largest short-term insurer, has been voted the top performer in the Business category of the annual 2019 Sunday Times Top Brands Survey.
19 Sep 2019

Are you ‘short-term insurance fit’?

By Janice Roberts

By Bertus Visser, Chief Executive of Distribution at PSG Insure. With Spring in the air and the weather improving, many of us will be thinking of getting fit for the warmer months. As we prepare for fitness physically, we realise that there are similarities between exercising or going to the gym, and being ‘short-term insurance...
18 Sep 2019

Insurance has a new face and it is black and female

By Janice Roberts

Way Financial Services, underwritten by Guardrisk, intends shaking up the industry Most people expect to see white males dominating the corner offices in the insurance industry. Imagine the excitement, then, when introduced to an insurance company owned, led and defined by black women.
16 Sep 2019

Employee injuries pose massive risk for businesses

By Janice Roberts

Regardless of safety measures, the risk of an employee getting injured at work is ever-present in any business. Indeed, recent research by SHA Specialist Underwriters has shown that nearly a third of corporations had to deal with the serious injury or death of an employee because of a work related incident in the last three...
11 Sep 2019

Spring-cleaning your insurance

By Janice Roberts

Spring is sprung. Time to clean out your cupboards, pack away the winter wardrobe, and give some attention to your neglected garden. It’s also a great time to clean up your financial situation – starting with your insurance. Instead of just dusting around your insurance policies this year, take a good, long look at them...
10 Sep 2019

Momentum introduces safety alert for consumer peace of mind

By Janice Roberts

Momentum Short Term Insurance has boosted its safety offerings for customers with the introduction of Safety Alert, an innovative emergency panic button linked to armed response, which is available on the Momentum app.
10 Sep 2019

Actuarial science - a profession for women with a passion for maths

By Janice Roberts

  By Serapelo Mofokeng, Head of Transformation, MiWay. If you have a head for numbers, the ability to interpret statistics and ‘blue-sky thinking’ to develop mathematical models that can predict trends and events, the profession of actuary might appeal to you.