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Five external leaders appointed across Old Mutual Life & Savings, OM Bank and Old Mutual Insure, bringing world-class expertise and fresh perspectives to accelerate delivery on Old Mutual’s strategic priorities.
Old Mutual Insure has partnered with the University of the Witwatersrand (Wits) to establish Wits Old Mutual Insure Actuarial Risk Lab, a new research initiative aimed at advancing the use of artificial intelligence, machine learning and actuarial science to better understand and respond to emerging risks such as climate change.
Old Mutual has agreed to acquire a majority stake in 10X Investments (10X) from Old Mutual Private Equity (OMPE), part of Old Mutual Alternative Investments, and DiGAME Investments (DiGAME), marking an important next step in the company’s evolution as a leader in passive, technology-enabled investment solutions in South Africa.
For a young graduate searching for work, or a small business owner trying to keep the lights on, global decisions can feel far away. Yet they shape everyday realities such as the price of food, the availability of jobs and the opportunities open to entrepreneurs. These realities may seem immediate and local, yet they are influenced by choices made on the global stage.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?