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Highlights of 2013

February 2013

Virseker, traditionally a direct player, launches to the broker market.

Momentum Fiduciary Services launches My-will, an online will management system available to all financial advisers.

March 2013

Zurich launches solution for Body Corporate, Home Owners Associations or Sectional Title Trustees Boards governed by the Sectional Title Act.

AC & E Engineering Underwriting Managers recognized as the most outstanding engineering underwriter in the country at the 2013 PMR.africa survey of UMAs.

Astra Maritime and Scintilla Underwriting Managers, two Hollard partners, receive Diamond and Golden Arrow Awards at the PMR.africa survey of UMAs.

STRIDE: the first full data transfer, from an intermediary to an insurer, has been completed.

April 2013

Centriq celebrates 15 years.

Cross Country Insurance Consultants launches Classic Car Collectors Policy.

Hollard Group announces plans to acquire Etana Insurance.

AON's International Space Brokers launches Investment Protection Insurance, a game-changing policy for space investors.
 
AIG launches Car Crash Plan, back-to-basics car insurance that will pay out the full market value when a car is hijacked, stolen or written off.

PPS members are allocated a record R3 billion in profits.

Itransact launches low cost exchange traded funds retirement annuity.

Compli-Serve SA launches an enhanced FICA online awareness testing facility for all categories of FSPs.

May 2013

Santam celebrates 95 years.

Gauteng Women in Insurance launches.

Liberty introduces rapid testing for cholesterol screening so that clients can receive their cholesterol test results immediately.

June 2013

Guardrisk celebrates 20 years.

STRIDE wins FAnews award at IISA Conference.

ASISA sets out new policies regarding claiming unclaimed assets and untraceable beneficiaries.
 
Nedgroup no longer declines HIV-positive clients.

July 2013

Oakhurst launches Oakhurst Heavy Commercial Vehicle policy.

Allianz announces its re-entry into Africa via South Africa, headed by Delphine Maidou.

One Loyalty Rewards and DSG launches an Insurance, Assist and/or Loyalty, Lifestyle, Travel and Company Mobile App.
 
Santam launches its new Be Safe Out There.

Santam acquires 100% of Travel Insurance Consultants.

Zurich launches Wineries Insurance.

Lireas Holdings celebrates 25 years.

Thatch Risk Acceptances celebrates 15 years.

HCV joins RMB Structured Insurance’s UMA portfolio.

Kokkie Kooyman, Head of SIM Global, named Investment Week’s Fund Manager of the Year for fourth year running.

Sanlam offers life cover for people living with HIV.

Assupol celebrates 100 years.

August 2013

Camargue launches cyber protection liability insurance.

ACE Group launches energy insurance practice.

Indwe Risk Services launches Allied Africa Broker Network.

Glacier Asset Protection launches new personal lines insurance solution designed for the high net worth market.
 
Brightrock teams with Campaign for Cancer to educate South Africans about medical gap cover and long-term medical insurance choices.
 
Sanlam launches Sanlam for Graduates, a suite of investment and risk products designed to help graduates to make the best use of their financial resources into the future.

STANLIB launches STANLIB Mobile, an application which will enable all clients and intermediaries with the ability to view their full investment portfolio via their cell phone.

Old Mutual launches Old Mutual Wealth, an advice-led, wealth management business.

The FPI launches their book entitled "The evolution of the financial services landscape".
 
Caroline Da Silva joins the FSB.

September 2013

King Price includes brokers in their model.

Aquarius moves from Zurich to Hollard.

Mutual & Federal voted as one of SA’s most trusted brands in the inaugural Reader’s Digest Most Trusted Brands survey.

Hollard and Etana acquisition a step closer - Competition Tribunal approves transaction.

SIM launches online fund comparison tool to help financial advisers and retail investors select the best unit trust fund for an individual’s needs.

Absa makes structured commodity and equity investment products accessible to all advisers and investors via the Momentum Wealth Platform.

October 2013

GENRIC launches Automotive Underwriting Managers.

MUA celebrates 25 years.

AIG South Africa launches CorporateGuard.

Grandmark wins ruling against BMW, with the effect that after-market companies will have more freedom to supply automotive body parts, without fears of legal repercussions.

Zurich announces acquisition of 100% ownership of BnB Sure.

MUA moves from Compass to Telesure.
 
SAIA appoints Themba Gamedze as the new SAIA Chairman.

Altrisk adds Comprehensive Cancer Cover and a Retrenchment benefit to its range of products.

Liberty launches Risk Revealer, a web-based tool that allows potential and existing clients to calculate their level of lifestyle and accidental risk.
 
Thabo Dloti, CEO of STANLIB, receives CEO of the Decade award from the Association of Black Securities and Investment Professionals.
 
In 2010, Fedgroup launched their Beneficiary Care Education Trust programme. In 2013, the Group celebrated the first graduate of their programme, Brinny Mphogo.

The Old Mutual Investors Fund and the Futuregrowth Infrastructure & Development Bond Fund are both recognised as heavyweights of sub-Saharan Africa’s fund management space.

Young Advisers Forum launches in Western Cape.

The appointment of a Tax Ombudsman arises from The Tax Administration Act, which became effective on 1 October 2012.

November 2013

Alexander Forbes sells Guardrisk to MMI Holdings Limited.

Etana organises the fifth, very successful, DAREdevil Run.

Gauteng Women in Insurance celebrates 725 members.

Mike Jackson, CEO of PPS, announced as first South African to be appointed to the board of the International Cooperative and Mutual Insurance Federation (ICMIF).

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If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

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