Do you think that Momentum’s decision to pay out the Nathan Ganas was the right thing to do?

Yes, absolutely (61.64%)

No, insurers will have to deal with the fallout of this decision for years to come (38.36%)

Between 1918 and 2014, 32% of all of Lloyds of London’s insured losses were caused by flooding. With Climate change becoming a growing issue, is this a growing concern for insurers?

Yes, we have seen a significant increase in flood related losses (80.95%)

No, there will always be flood related losses. We are prepared for this. (19.05%)

The FSCA has said that the intrusive nature of regulation actually benefits insurers and intermediaries. Is this the reality on the ground?

Yes, intrusive regulation has helped us see how we can work towards better customer service (50%)

No, intrusive regulation comes at a cost and a major headache (50%)

The financial planning industry is at tipping point because:

South Africans need help and financial advice is needed much more than ever (56.25%)

We are seeing a different demographic and things need to change (17.19%)

We need to change the message and the value add (10.94%)

We need to address the client base of the future (15.63%)

FMI #Reality Check Survey: People think that life cover is death cover and many people have an incorrect mix when it comes to life vs disability cover. Do you agree with the findings of the survey?

Yes (69.23%)

No (30.77%)

The Competition Commission is proposing tough measures on motor insurers when it comes to autobody repairs. Will this be detrimental for the industry?

Yes. The Competition Commissions proposals are unrealistic and will spell the end of specialist automotive repair workshops (32.35%)

No. An equal playing field is not a bad thing (67.65%)

Tokio Marine will acquire a 22,5% stake in Hollard South Africa and Hollard International for approximately R5 billion. Do you see this as good news for the insurance industry?

Yes (86.67%)

No (13.33%)

Economists say the latest gross domestic product (GDP) figures were not expected, with many predicting positive growth. Did you expect this?

Yes, I saw this coming (58.33%)

No, I remained optimistic (41.67%)

Millennials make up 30% of the South African job market; these are your clients and future clients. Do you engage with them?

No, not my target audience (15%)

Yes, the same as all my other clients (38.33%)

Yes, via social media (20%)

Some engagement but by far the most difficult generation to engage with (26.67%)

Do you believe crime in SA could be minimised as a result of collaborative efforts or does something else need to happen in order for us to really see the change?

Yes (36.29%)

No (5.65%)

Government needs to step up (58.06%)