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Schoolyard bully or financial services innovator... Is Discovery overstepping the mark?

Schoolyard bully or financial services innovator... Is Discovery overstepping the mark?

01 August 2012

They say that success begets success. It is also true that success puts you in line for more than your fair share of criticism. One disgruntled client can cause as much trouble for a company the size of Discovery Limited as for any other. And one media report, however inaccurate, can trigger an avalanche of scrutiny...

Attention brokers! Notice must reach the policyholder

Attention brokers! Notice must reach the policyholder

01 August 2012

The Policyholder Protection Rules (PPR) dealing with rejection of claims requires insurers to notify a policyholder, in writing, of a decision to reject or dispute a claim or the quantum claimed. This seems simple enough, but be aware: Make sure that notice is properly delivered, says Sandra Sithole of Nqrton Rose South Africa.

Getting to the heart of Treating Customers Fairly

Getting to the heart of Treating Customers Fairly

01 June 2012

The first two Treating Customers Fairly (TCF) outcomes – discussed in detail in the February and April editions of FA News – are high level overviews. The third outcome is more direct. It is a no-nonsense instruction that outlines the consumer protections the regulator wishes to achieve.

A critical component to effective risk management

A critical component to effective risk management

01 June 2012

Approximately one in five businesses suffers a major business interruption each year. While it is not possible for companies to mitigate all of the risks resulting from a work stoppage, an effective Business Continuity Management (BCM) strategy can offer some protection.

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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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The risk in miss-selling financial products

The risk in miss-selling financial products

01 June 2012
What you need to know about underwriting depression

What you need to know about underwriting depression

01 June 2012
Insurance giant spreads its wings with aviation book acquisition

Insurance giant spreads its wings with aviation book acquisition

01 June 2012
Taking the co-insurance market by storm

Taking the co-insurance market by storm

01 June 2012
Software systems give you the edge in the technology age

Software systems give you the edge in the technology age

01 June 2012
Dynamic asset allocation strategies reduce downside risk

Dynamic asset allocation strategies reduce downside risk

01 June 2012
More bespoke products from Momentum STI

More bespoke products from Momentum STI

01 June 2012
Tailor-made insurance for South Africa’s super rich!

Tailor-made insurance for South Africa’s super rich!

01 June 2012