Keys to successfully balancing reputational risk with the desire for speed and innovation in 2022 and looking at digital transformation more holistically: to include people, processes, and partnerships as core pillars, not just technology.
Traditional insurers have never faced as much competition for their customers’ attention as they do now. A whole litany of tech-centric start-ups are coming for their lunch and they’re doing so by making life much simpler for customers. In order to remain competitive, therefore, insurers need to focus on building stronger relationships with customers.
The unprecedented COVID-19 pandemic, and the consequent lockdown levels, affected every aspect of life as we knew it – and the legal fraternity was no exception. Despite courts being considered an essential service since the first Alert Level 4 lockdown in 2020, court processes in South Africa had to rapidly change and recalibrate to adapt to the so-called “new norm”. This was only made possible through the implementation of digital platforms.
The Covid-19 pandemic and the various stages of lockdown implemented to curb the spread of the virus had a profound effect on learners of school-going age. Since March 2020, institutions of learning have undergone dramatic change. While some made the transition towards remote learning, others employed a rotational learning system. Yet, others still simply had no immediate alternative to traditional classroom-based, face-to-face learning.
Digital transformation and automation have turned electronic signatures into a business necessity and a legitimate replacement for traditional wet signatures. In light of this, businesses can no longer ignore digital signatures. Although similar, electronic signature and digital signature are not synonyms.
By Cas Coovadia, CEO, BUSA and Adam Craker, CEO, IQBusiness Concerned about our sluggish economic recovery in the wake of the pandemic and frustrated by more loadshedding and a slow vaccine rollout, South Africans are looking for a beacon of hope to signal that the future is going to be better. Sharing these concerns and...
Financial technology company Iress has appointed Noah Greenhill to the role of head of commercial for South Africa, where he will lead Iress’ sales and account management team. Noah previously led sales and marketing for the Johannesburg Stock Exchange (JSE), as well as holding senior leadership roles at Kessef Capital and Bakgatla Ba Kgafela Investment Holdings.
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. Short-term insurance tailored to your insurable needs adds a buffer to your financial planning.
There can be no doubt that South Africa is massively underinsured. That’s true of healthcare, where around 80% of the population has no form of private health insurance. It’s also true of life and disability insurance, The Association for Savings and Investment South Africa (ASISA)’s most recent Life and Disability Insurance Gap Study showed that earners younger than 39 years face an average insurance shortfall of R1.4 million for life cover and R1.5 million for disability.
Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za