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Is the industry prepared for drivers of change?

19 August 2014 | The Stage

We have all come to terms with the fact that we are operating in a vastly different industry than we were operating in five years ago. However, while there are many internal drivers of change, there is an increasing element of external influences of change. This is forcing insurers to refocus their attention on a hybrid business model which can cope with industry drivers of change and external drivers of change.

Pension fund turns tables on complainant

13 August 2014 | Straight Talk

Most of the determinations that we receive involve members of the public taking a pension fund to the Pension Funds Adjudicator (PFA) alleging that they have been treated unfairly. In most of the cases, the PFA rules in favour of the public.

Actuaries to play an active role in TCF risk mitigation

11 August 2014 | Featured Story

As the Financial Services Board (FSB) moves steadily towards its Destination 2016 vision, whereby all of the new pieces of legislation will be rolled out, companies within the financial services industry are becoming more comfortable with the expectations that the FSB has for them.

Technology vital for industry growth

07 August 2014 | Featured Story

At the beginning of the year, FAnews pointed out that technology will be a major influencing factor in the future of the insurance industry. This was based on the adoption of telematics by some of the country’s largest insurers, as well as the increased use of Big Data to customise products to suit individual risk profiles.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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