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23 July 2021 Myra Knoesen

We started off with 60 contestants, with the ultimate goal of finding ONE winner! Who will it be?

Rapid risk and write off

It’s another week, another challenge…

Posed with right and wrong answers, episode 4 of The Insurance Apprentice 2021, sponsored by Chubb, saw the last group, Group 4, take part in the ‘Rapid Risk’ preliminary round. From next week onwards, we will see a whole new format… it’s super exciting and definitely not to be missed.

Multiple choice questions (sponsor, insurance and FAIS related questions) were presented to the contestants, and each contestant who chose the correct answer got points and moved up the leaderboard. With each question the fastest finger got additional points.

In the case of a draw, contestants were taken into the sudden death round. Five contestants who got the most correct answers moved on to the next round.

With the opportunity to be questioned directly by Simon Colman, Business Head of Digital and Financial Lines at SHA Risk Specialists, in game two, the five contestants were posed 10 questions, with only 120 seconds to answer… the two contestants with the most correct answers made it into the Top 10. The remainder went home.

A wild card

But wait… something just doesn’t add up!

For those who have followed episode one to four very carefully, and did the maths, you would have noticed something is missing… has a wild card been added to the mix?

Find out and see who made it to the Top 10, from Group 4…

Social media competition

If you don’t follow us on social media, you have missed out on some cash! With every week’s episode we are asking one question… get it right first, and you win! Watch our social media platforms for more detail.

Watch it here

We would like to thank Chubb for sponsoring episode four of The Insurance Apprentice 2021.

  1. To watch the episode on YouTube, click HERE
  2. To watch it on the website click HERE
  3. To watch it on Facebook, click HERE

Onto the challenging round 

Now that the first four episodes of The Insurance Apprentice (consisting of 4 groups in the form of a quiz with right and wrong answers) are done, our top contestants will then go onto the next round.

Episode five to eight will see the Top 10 complete the harder and more complicated tasks that will ultimately give us the winner of The Insurance Apprentice 2021.

Keep up with the leaderboard to see who is in the top ranking.


 

Can we just remind you of the prizes that are at stakes?

The WINNER wins:

  • 1 year access to the Lloyd’s virtual mentorship platform; Introduction to Lloyd’s virtual seminar (value R2000); Sponsorship of a unit module of the winner’s choice at the Chartered Institute of Insurance (CII) in the UK (value R3000) or R3000 paid directly to CII if the course exceeds R3000; Sponsorship of a Gordon Institute of Business Science (GIBS) short course of the winner’s choice (value R50 000) or R50 000 paid directly to GIBS if the course exceeds R50 000; and cash prize of R20 000, sponsored by Lloyd’s of London;
  • A bursary worth R75 000 at any public university, sponsored by Inseta;
  • R10 000 CASH from Tracker;
  • R30 000 CASH from Auto & General;
  • A Garmin watch from Genasys;
  • The winner attends the African Insurance Exchange (AIE) conference; and
  • A one year coaching and mentoring package to the value of (R30 000) sponsored by Ultraverse Consulting.

The TOP 3 win:

  • A hospitality prize package, sponsored by Bryte Insurance; and
  • A 6-month coaching package to the value of (R18 000), sponsored by Ultraverse Consulting.

The TOP 10 win:

  • AIG is sponsoring a professional photoshoot for the TOP 10;
  • Each of the 10 contestants will receive a gift bag filled with goodies, from Santam.
  • Simply Financial Services is sponsoring vouchers to the value of R1000 for Bathu; and 
  • A coaching package to the value of (R8 000), sponsored by Ultraverse Consulting.

What’s not to like? So many giveaways for the winner, Top 3 and Top 10, plus a whopping R60 000 in CASH!  


Apply for TIA 2022

TIA 2022 is open… enter, enter, enter! If you are younger than 35 and have been working in the short term insurance industry for four or more years then this is your chance.

Take the step and apply… you have nothing to lose!

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As National Treasury mulls a two-bucket retirement system, mandatory contributions and preservation, regulation 28 is being amended to allow up to 40% of retirement fund assets to be invested in SA-based infrastructure… Which of the following retirement fund ‘tweaks’ would you consider most beneficial to your clients?

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