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We are one month into Jacob Zuma’s new term as the country’s first citizen, and if politicians think that they are in for an easy five years, they are about to get a rude awakening as recession worries continue to mount.
We recently highlighted the rise of Big Data and the potential benefits it can offer the insurance industry. While many product providers are still coming to terms with this, we can see the advantages that Big Data is playing in other sectors of society and how the insurance industry can use this to its advantage.
One of the objectives of being stranded on a deserted island is getting back to the mainland in order to assimilate with normal society. While some may argue that being stranded on a deserted island is an idyllic situation, the reality is that it is not. Humans need to adapt in order to survive and they use societal norms in order to define this.
It is frightening to think that we are already almost six months into the year. With the blink of an eye, the much anticipated presidential elections have come and gone and President Jacob Zuma has named a new Finance Minister in Nhlanhla Nene. It will be interesting to see if he has the same outlook, and capabilities, that Pravin Gordhan had when he was in charge of the country’s purse strings.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?