What's Happening?

In the news | Friday 15 June

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The FIA strives to keep abreast with the constant evolution of the consumer, business and legislative landscape. In line with ensuring that our members are up to date with current affairs, here are the top stories from the industry this week.

Cover Publication

  • 30 Years of friendship – Cover
    Last week Thursday COVER celebrated it’s 30th year of service to the industry. Through their busy midweek schedules, a large number of our friends “rocked” up at Higher Ground Restaurant in their 80’s gear to dance the night away with Donna Summer, ACDC, Bryan Adams, Queen and a host of other glam rockers. Red more about the celebrations. Read more…
  • Young people and families hit hardest by gap cover limitations
    Known as the “Demarcation Regulations” and issued under the Long- and Short-Term Insurance Acts, the regulations affecting the choice and benefits of healthcare insurance, came into effect in April 2017. The bulk of changes took effect from 1 January 2018. These regulations were intended to forge a clear boundary between medical scheme cover, which is governed by the Medical Schemes Act; and other types of health insurance governed by the Insurance Acts. Read More…
  • Regulatory changes in SA- July 18, 9.30am – 12.30pm
    IIWC are proud to bring you Caroline Da Silva’s (Executive General Manager of FSCA) insight on he future of market conduct. Read more…

Fanews:

  • Sounding the trumpet call of due diligence
    Since the breaking of the Steinhoff saga, a lot of attention has been paid to corporate governance and the way that companies are run. While it is important for this to take place in order to ensure that companies fulfil their obligations to investors, investors also have a responsibility to do due diligence into whether the company is worth investing in. Read more…
  • Fraud costs SA insurers billions
    One of the biggest challenges that the insurance industry perpetually faces is insurance fraud. This is a seemingly never-ending problem where criminals are getting far bolder than they were in the past. These were the views that were presented at the recently held 2018 Insurance Fraud Conference. Read more…
  • A new playing field with the introduction of FSCA
    Following a seven-year planning process, the Financial Sector Conduct Authority (FSCA) was finally launched in June 2018. Read more…