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While very different from the traditional middle class, the rapidly growing emerging middle class in South Africa presents huge opportunities for the insurance industry and for brokers to build sustainable businesses.
Microdot technology has proven highly effective in the vehicle sector, both in reducing thefts and in aiding recoveries. Its efficacy has ensured that the scope of potential uses stretch far beyond just vehicles to almost any asset imaginable.
The continued strength of the rand against many major currencies highlights the importance of regular valuations on insured goods, particularly those purchased overseas, to ensure they can be adequately replaced.
Traditionally, Pension Fund Trustee Liability Insurance has been a line characterised by low claims incidence. The effect of this has been extremely low insurance policy rates and widened cover. But things are no longer what they used to be, creating new
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?