Thursday, July 18, 2024
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Insurance

7 Key Insights for Succeeding in the Insurtech World

Insurtech, a blend of innovative technologies that’s disrupting traditional insurance processes, is reshaping the insurance industry. The digitization of insurance services is now termed -  insurtech.  Businesses can benefit from offering personalised policies, streamlining claims processes, and ultimately reducing...

Sanlam’s New Fintech Cluster to Fast Track Financial Access for All Africans

The launch of Sanlam Fintech – a business cluster within the Sanlam Group – signals a strategic move to expand the Group’s existing fintech offering and ensure that all aspects of the US$8-billion (R143-billion) listed company's services are digitally...

SanlamAllianz Provides Insurances and Financial Services in 27 African Markets

Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s leading insurers and financial services providers are pleased to announce that they have received regulatory approvals for the joint venture that will create the leading Pan-African...

Top Financial Services in SA Answer the Question: Is Data the New Currency?

Data quality management has been a consistent challenge across various industries. Understanding and leveraging this data can bring about significant economic changes, especially in today's era where actions and behaviors, from clicks to movements, are hyper-personalized. Recently, Synthesis brought together...

Digitized Insurance Brokers Disrupt the Industry to Benefit All

Digital transformation is seeping into every sector of society. With an acute directional shift towards what will soon become a fully digital economy - technologies like (AI) artificial intelligence, (ML) machine learning and native cloud have businesses adapting to...

IoT & Wearables: Transforming Insurance for Health and Lifestyle

The rapidly expanding adoption of wearable technology and the Internet of Things (IoT) marks a turning point for the life and health insurance industry. Consumers today understand the value of their data with the potential for wearables further providing...

Safaricom Hires Managing Director of Citibank

Safaricom, a Kenyan telecommunications service provider, has hired the managing director of Citibank to be in charge of strategy and acquisitions. The telco is currently seeking regulatory approvals to launch insurance, unit trust, and savings products in an endeavour to...

5 Things You Can Achieve with a Software Purpose-Built for the Insurance Industry

When looking to purchase software solutions for their digitalization efforts, insurers are likely to find themselves spoiled for choice. On the one hand, there’s a range of all-purpose software tools available that insurers can simply adapt their processes too....

11 Digital Trends Transforming the Insurance Industry

The COVID-19 pandemic has ushered in ample opportunities by accelerating the digital transition of tasks that were once considered mundane. In recognition of the importance of this, almost all players in the insurance sector are digitising – some more...

How blockchain is disrupting the insurance industry

Most insurers have started exploring the opportunities that blockchain can deliver to their business. With 81% of insurers globally familiar with the technology, some areas of focus are fraud prevention, the digital tracking of medical records, and developing smart...
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Novus Holdings Invests R55 Million in AI Innovation Company

Novus Holdings has invested R55 million in Bytefuse, an AI company, to enhance its enterprise-scale solutions. Maski, an AI-powered tutoring...
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