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Fundamentally changing the way we engage with clients

17 May 2018 | Featured Story

Social media has fundamentally changed the way that humans consume information. In the beginning, Facebook was a way to keep in contact with friends, interact with those who you don’t see on a regular basis, and to share life events with family members who are spread across the world. Facebook has now grown into a mass media giant where many people turn to as a first source of information.

Can common ground be found between technology and the intermediated insurance model?

16 May 2018 | Straight Talk

The growth of artificial intelligence (AI) and machine learning has taken the world by storm. Machines are now capable of completing complex tasks that only humans could perform in the past. While this sounds great and exiting, it does have a number of implications when it comes to employment issues. This is very true for the financial services industry where brokers and advisers are waiting in anticipation to see what impact AI will have on the future of the industry.

Building trust in the industry

07 May 2018 | Straight Talk

Claim statistics play an important role in the industry. Particularly to advisers as statistics provide vital information regarding industry trends, which allows them to capitalise on areas of interest. Momentum recently released their claim statistics for the period of January 2017 to December 2017.

Rolling the dice with technological advancements

02 May 2018 | Featured Story

Technology has been a major talking point in the insurance industry over the past two years. Advancements in this space have made insurers, and advisers, sit down and reassess their business models to figure out whether they are appropriate for a technologically driven industry. We have seen the impact that technological advancements have had internationally. But is South Africa keeping up with these advancements or are we falling behind? FAnews spoke to Liberty and Discovery to find out their views on the subject.

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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