Old Mutual announced that it paid R14 billion in risk cover claims in 2020. The pay-out included underwritten, non-underwritten and corporate claims and represented a year-on-year increase of 24%. On releasing its claims statistics for 2020, the…
The impact and flexibility of insurance technology
June 22, 2021
In the run up to our Insurtech 21 conference, taking place 27 & 28 July, we speak Tavio Roxo of Owls Software. The aim of Insurtech 21 is to steer away from what we’ve done…
It’s been a mysterious part of the insurance industry for a while, D&O cover, with not many participants and few advisors in this area, but lately we have seen that things have changed quite a…
Commercial Crime trends
May 24, 2021
Commercial Crime losses are very much economically driven, so with the turbulent market that we have been facing the last few years, it would make sense to see a change in the Commercial crime trends….
Gearing up for IFRS 17
May 11, 2021
IFRS 17 transforms the accounting processes for insurers across 100 countries, and applies a new set of standards, calculations, and criteria to insurers’ financial reporting. Insurers across the continent are preparing to transition from current…
Talking Tech with Tavio Roxo
April 19, 2021
Technological advances in recent years have completely shifted the way insurance eco-systems operate. These systems can bring together insurers and UMAs in ways that weren’t possible before, giving them a whole new scope of opportunities….
Untapped data opportunities in the intermediary space
March 12, 2021
Data in the intermediary space has become an essential component in how brokers do their business, however it’s not really being used to it’s full potential by brokers. COVER recently chatted with Kali Bagary, Founder/CEO The…
COVER’s Tony van Niekerk, following the National budget speech, caught up with Bertie Nel, Head of Financial Planning and Advice at Momentum Distribution. Bertie shared his first impression of the 2021 budget along with some…
