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The payment of commissions and fees by insurers to insurance brokers creates legal circumstances that were difficult to reconcile. Brokers often wear two hats, as agent of the insurance company and the insured. New Binder Regulations were supposed to solve the confusion…
The economic and social divide that exists as a result of South Africa’s dual economy has created an imbalance between the insured and uninsured – especially with regards to the affordability and accessibility of insurance cover.
Late last year Altrisk announced that their managing director, Craig Harding, would be stepping down to pursue personal interests through 2012. FAnews spoke to Craig to find out about his future plans and what impact his ‘departure’ would have on the company.
A great deal has changed in the domestic insurance industry over the past five decades. And Ken Naidoo, Commercial Lines Director at Chartis, has seen it all! FAnews chatted to Ken about his experiences since starting in the profession in 1968...
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?