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Insurtech is transforming a staid South African insurance industry

08 May 2018 | General

One of the hottest trends in South African fintech in 2018 is insurtech. Dominique Collett, Head of AlphaCode, a club for fintech entrepreneurs powered by Rand Merchant Investment Holdings says, “Insurtech has gained momentum over the last two years in South Africa. It was initially seen as a major threat by insurance companies, but now insurers are taking a far more proactive approach to seize opportunities in this space and are starting to collaborate with startups. Exciting new models are transforming a staid industry characterised by opaqueness and outdated systems.”

South Africa’s surging tech scene

02 May 2018 | General

Around the world, technology is being developed and released to market at an unprecedented rate, and there are now many tech startups looking to take advantage of the current demand for new technology. In South Africa, there is a buzzing tech scene, which makes it fertile ground for tech startups to grow into successful ventures.

We need to push the boundaries of digitalisation in South Africa

19 April 2018 | General

South Africa’s value added services market is currently a leader in terms of product innovation. The rapid pace at which technology is evolving, is having a significant effect on how providers of assistance services are taking on the South African market.

The future of healthcare is digital

13 March 2018 | General

The world of private healthcare is highly competitive and the major hospital groups in South Africa will face increased loss of market share to the new private hospital players. While we like to think of hospitals as sanctums of healing, they must also be a sustainable business - that needs to operate as a going concern and remain sustainable for years to come. To do so, they need to be and remain competitive by offering better services at a lower cost, especially with the opening of more and more new hospitals, clinics and other private healthcare facilities.

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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‘Will a robot take my job?’ How artificial intelligence will impact the SA workforce

05 March 2018 | General

Goodbye to online crooks: SA fintech startup keeps money safe till buyers and sellers both agree

13 February 2018 | General

Digitally driven peer-to-peer insurance companies are set to transform the industry

13 February 2018 | General

Sophisticated tax app becomes available in South Africa

08 February 2018 | General

Old Mutual elevates customer and adviser experience with innovative technology

30 January 2018 | General

Become the trendsetters of the financial services industry

22 January 2018 | General

Insurance industry ‘excited’ about InsurTech

23 November 2017 | General

How technology in insurance is assisting women

22 November 2017 | General

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Technology