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Industry consolidation – beneficial to the industry?

01 April 2014

The South African financial services industry is currently facing a number of cost challenges which is affecting the way companies do business. In addition to the rising economic cost of doing business is the impending implementation of systems and processes to fully adhere to any new regulations.

Notification to an insurer of circumstances likely to give rise to a claim

01 April 2014

Where is the line between the notification to an insurer of circumstances likely to give rise to a claim and a notification just in case a claim arises? The notification obligation has to be applied objectively but taking into account the insured’s knowledge. An insured need not infer the likelihood of a claim from the mere happening of an event.

Rain, rain and more rain…

01 April 2014

According to the latest Swiss RE sigma study, global insured losses from natural catastrophes and man-made disasters in 2013 came to $45 billion, which is down from $81 billion in 2012.

Policy fraud and avoidance

03 February 2014

Fraud is an unfortunate common occurrence in the South African insurance industry, and is very difficult to resolve or root out. But a recent ruling shows that headway is being made.

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

View the Results

Current economic influences on the motor book

03 February 2014

Have panel beaters become panel fitters?

03 February 2014

Could staff negligence lead to directors walking the plank?

03 February 2014

The battle against insurance fraud

01 November 2013

When data can save your client’s life

01 November 2013

Revamp the industry using verifications

01 November 2013

Risk assessments: throw out generic assumptions

01 November 2013

Policy wordings: words matter

01 November 2013

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Magazine Archives FAnews & FAnuus / Short Term

Industry consolidation – beneficial to the industry?

Notification to an insurer of circumstances likely to give rise to a claim

Rain, rain and more rain…

Policy fraud and avoidance

Current economic influences on the motor book

Have panel beaters become panel fitters?

Could staff negligence lead to directors walking the plank?

The battle against insurance fraud

When data can save your client’s life

Revamp the industry using verifications

Risk assessments: throw out generic assumptions

Policy wordings: words matter