MoneyMarketing

Short-term insurance

09 Oct 2019

52% of South Africans not saving for a rainy day

Research from Budget Insurance reveals that just over half (52%) of South Africans aged between 18 and 55 years old say they are saving for an emergency but many would not be able to cover an unexpected expense of R10 000.
09 Oct 2019

Understanding the misconceptions of vehicle insurance

Does picking a red vehicle mean you have a higher risk of an accident? And will this influence your insurance premium? There are many myths surrounding vehicle insurance and, like all myths, some are truer than others! It’s important to bust the ‘bad’ ones and be cognisant of the myths that prove true as these...
09 Oct 2019

Old Mutual Insure empowers brokers with winning offerings

Old Mutual Insure’s extensive re-fresh of its flagship products and delivery channels empowers brokers and advisers with competitive insurance offerings – including additional cover, limits and extensions not previously offered – delivered and managed through cutting-edge digital interfaces.
08 Oct 2019

PPS has healthcare professionals covered

The challenges faced by South African healthcare professionals as a result of the aggressive litigation landscape include rising professional indemnity costs, stress and burnout.
03 Oct 2019

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

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

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

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,...
20 Sep 2019

Santam voted top short-term insurer

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 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

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.