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There are millions of rand in additional non-life insurance premium up for grabs for brokers and financial and risk advisers that do the necessary soul-searching, and take action to improve their client outreach. In this writer’s view, commercial and personal lines insurance brokers could enjoy a field day if they just delivered on their unique selling point of building trusted advice relationships with their clients.
In recent years, South Africa has grappled with increasing instances of water shortages and extended water interruptions, posing challenges to households and communities.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?