The evolving technology landscape provides insurers with unprecedented opportunities to grow their business. Ben Burger, Managing Executive at SilverBridge, believes 2019 will see the development of the ideal environment to integrate cloud, data analysis,...
Here are my fintech predictions for 2019 based on what we are seeing with our members at AlphaCode which closely track international trends in this space. AlphaCode is the Rand Merchant Investments (RMI) incubation, acceleration and investment initiative...
October 29, 2018 •
Features •
Neo Sesinye •
Comments Off on BI to combat insurance policy lapses
For insurers, managing policy lapses or surrenders are part of business. But despite recent figures reflecting a nine percent decrease in surrenders last year from 2016, it will remain a concern for companies trying to compete amidst ever-tightening budgets....
July 23, 2018 •
General •
NetAdmin •
Comments Off on Technology can be a threat to insurance firms or enable greater customer choice
The insurance sector has not been spared the seeming ubiquity of digital disruption across the economy, and “insurtech” is now a buzzword in many corners of the industry. There has been talk of “burning platforms” and the need for industry incumbents...
Briisk Limited has provided the technology to launch South Africa’s first fully digital drone insurance, Drone Covered. The first-to-market insurance, underwritten by Transact and Protect Insure (TPI) and insured by Mutual and Federal Risk Finance, is...
