Short Term Insurance in South Africa, a 360 page overview of the South African short term insurance industry was officially launched at the Insurance Conference 2016 held at Sun City recently. Written by veteran journalists Liz Still and Gareth Stokes, the book is aimed at anyone who wants to get a deeper understanding of the concepts of short term insurance, the history of short term insurance in South Africa, trends in the sector and the regulatory environment.
First reviewers of the book have observed that the book will be a useful resource for a wide range of readers, including students writing regulatory exams, consumers who might be confused by the concepts and terminology used by insurers and professionals such as auditors, marketers, public relations practitioners who need a quick overview of the industry and how it works.
The book has 14 chapters and a glossary. The chapters cover the following:
- Insurance fundamentals
- The history of short term insurance
- The business case for insurance
- Insurance as a component of the financial services industry
- Types of insurers and their functions
- The South African short term insurance landscape
- Different types of insurance cover
- Insurer financial statements
- International and South African insurance trends
- The regulatory environment
- Laws currently in force in the short term insurance environment
- Proposed new laws and policy objectives affecting short term insurance
- Industry associations
- Participation pages
Two comments on the book so far:
I have thoroughly enjoyed reading this book so far (have not got to the end yet) as it contains valuable information such as terminology, stats, trends, business cases, examples and so much more.
It provides great context into many aspects that involve the business of Insurance. I particularly enjoy the process flows and graphic illustrations. There are so many touch points that I certainly believe that anyone who has a passion for Insurance will have hours, days, months and even years of reference points and literature in one comprehensive book.
If you aim to be a “professional” insurance practitioner I would advocate getting your hands on a copy of this book. It will give you a better understanding of the opportunities that exist in our profession.
Tony Tsuen, Head of Technical: Market Development, Discovery Insure
Congratulations on your book – which I have just finished reading. I was expecting it to be ok 🙂 and am blown away by how good it is. Informative, well-written, interesting and covers a broad range of topics – most useful!
Carel Nolte, Founder of CN&Co
The book is available through the publisher’s website www.analytica24.co.za as well as selected bookshops. It will have a suggested retail price of R300.00. If the book is ordered via the company website, a delivery fee of about R49 will be charged to delivery within the Republic of South Africa. A bulk price order for orders over 10 copies and over 50 copies is available.