brokers Archives - B2B Central

24 Aug 2023

A powerful partnership: How AI is enhancing the role of insurance brokers

By Staff Writer

By: Jurgen Hellweg, CEO, Western National Insurance The ability of AI technology to conduct detailed risk assessments, expedite claims and analyse large datasets will lead to role-players in the insurance sector reassessing the role of brokers in the future. However, given the undeniable value of human connection as a tool to build relationships, offer tailored...

01 Oct 2021

Stand a chance and win with 1Life Vantage

By Staff Writer

Change in the last 18 months has been rapid, with business and advice moving online in a matter of weeks. Zoom alone grew from around 10 million users in 2019 to 300 million users in April 2020. And while advisers and brokerages have adapted to the new environment, many would have liked a little more time to prepare.

01 Oct 2021

Digital technology an integral component of brokers' value proposition

By Staff Writer

With South Africa being a nation of small businesses, and insurance an essential service underpinning the resilience of those businesses, brokers must consider digital technology as an integral component of their value proposition. The reasons are simple: efficiency, accuracy and improved delivery.

09 Sep 2021

The value of advice in a tough economic climate

By Staff Writer

Some businesses have not seen much growth over the past year, due to ongoing pandemic-related restrictions and cash-strapped consumers. A subdued economic landscape often leads to cost-cutting initiatives within companies, which in turn can lead to increased exposure to risk, further threatening the bottom line. Cutting insurance costs is best approached with care, and this is exactly where financial advisers can add the most value to their clients.

04 Jun 2020

Insurance and Risk in a Post-COVID-19 economy

By Staff Writer

By: Carl Moodley, Chief Underwriting & Claims Officer; Stuart Forbes, Chief Risk and Compliance Officer and Eugene Olivier, Chief Information Officer of GENRIC insurance Company Nothing will be the same in the world post-COVID 19. As our economy slowly starts to reopen following a crippling lockdown, the realisation that consumer behaviour and the drivers of...

26 Mar 2020

SHA offers digital learning opportunities for brokers

By Janice Roberts

In the lead up to the nationwide lockdown, announced by President Ramaphosa this week, Stalker Hutchinson Admiral (SHA) Risk Specialists has implemented the necessary precautions to ensure the safety of employees, including a work-from-home policy, travel restrictions and the cancelling of all face-to-face meetings.

31 Jan 2020

Getting CPD savvy with Santam

By Janice Roberts

Recently, the Financial Services Conduct Authority (FSCA) released amendments to Continuing Professional Development (CPD) hours. In order to qualify with the ‘Fit and Proper’ criteria, CPD development must specifically address future skills gaps through targeted competency training.

20 Dec 2019

Enabling brokers with tech platform for new IoT-based insurance

By Janice Roberts

Insurance software provider Genasys Technologies was selected as the technology platform provider for SafeHomes, a new technology-driven homeowners insurance solution. SafeHomes, by GENRIC Insurance, is backed by technology that enables brokers to meet the evolving demands of their clients in a world increasingly reliant on the Internet of Things (IoT). To do this, GENRIC needed...

19 Nov 2019

Santam launches first SA short-term insurance barometer

By Janice Roberts

A study by Santam, the country’s largest short-term insurer, has revealed the majority of corporates and consumers polled in a landmark survey on insurance trends see the challenging economy as the biggest risk in South Africa over the next two years, followed by political unrest and social change risk.

12 Nov 2019

Risks faced by today’s start-ups

By Janice Roberts

Research shows that the most successful businesses are built in the most challenging economic and market conditions. Businesses forged and successfully grown in volatile and unpredictable environments, generally go on to thrive when market conditions improve.

21 Oct 2019

Why a financial plan should speak to all facets of a client’s life

By Janice Roberts

By: Ferdi Booysen, Head of Client Solutions at Old Mutual Wealth The traditional approach to financial planning has been under a lot of scrutiny in recent years. While it can be argued that this approach has had its flaws, it is very positive to note how the industry has embraced a more holistic way of providing...

09 Oct 2019

Old Mutual Insure empowers brokers with winning offerings

By Janice Roberts

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.