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Category: Featured Articles

Medical aid myth busting

From tracking steps and calories to getting the gains at the gym and taking care of mental and emotional wellness, South Africans have never been more health conscious. At the same time, there is a growing disconnect in how we perceive the systems that protect that health.

Repair vs replace?

In modern vehicles, getting the decision right is only one part of the equation, the quality and precision of the work ultimately determines the outcome. For brokers and insurers, this is the most important stage in a glass claims process, where the correct intervention is determined.

Welcome to the UMA evolution!

We put some questions to three industry practitioners – asking them to share theirperspectives on the role UMAs continue to play in South Africa, and why specialist underwriting remains such a powerful force within the industry.

Succession planning for a privately owned insurance brokerage

For many privately owned insurance brokerages, the business is far more than a legal entity or a book of clients. It is the result of years of personal relationships, trusted advice, insurer partnerships, claims support, staff loyalty and a hard-earned reputation.

Insurance brokers evolving from price chasers to risk mitigators

The South African insurance landscape is undergoing a fundamental transformation with the traditional price-led brokerage model rapidly reaching its expiry date. In its place, a more sophisticated, data-driven advisory model is emerging – one where the broker functions less as a transaction handler and more as a proactive risk partner.

Cyber-physical risk and property damage

As cyber threats become increasingly sophisticated and frequent, South African businesses face escalating risks — not only to their data but also to their physical assets and operational continuity. While automation and digitalisation bring opportunities for growth and efficiency, they also introduce new vulnerabilities, including the risk of physical damage and business interruption caused by cyberattacks.

Old Mutual Insure and WITS launch Actuarial Risk Lab

Old Mutual Insure has partnered with the University of the Witwatersrand (WITS) to establish Wits Old Mutual Insure Actuarial Risk Lab, a new research initiative aimed at advancing the use of artificial intelligence, machine learning and actuarial science to better understand and respond to emerging risks such as climate change.

The impact of geopolitical instability on the insurance market

Today, the insurance industry is faced with complex risks that are changing and reshaping its operating environment. The Middle East political conflict presents a critical layer of uncertainty in the insurance market globally across the entire value chain. There is a ripple effect of these conflicts that will lead to increased trade tensions and supply chain disruptions globally as well as in the regional markets.

Key tax law changes for intermediaries: practical tips to help your clients thrive

Keeping up with legislative change is only part of the challenge. Understanding what those changes mean in practice is what enables advisers to deliver real value to their clients. The FIA Employee Benefits Executive Committee has prepared a practical guide to the latest tax law amendments, unpacking the implications for the Two-Pot Retirement System, retirement funds, emigration, death benefits and more.

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