April 18, 2019

Insurance news wrap-up: Easter edition

At CN&CO we love to be informed about the insurance industry – with so much happening it can be easy to miss a story! So make sure you get the weekly recap of main stories from this week that you may have missed.

AIE 2019: Best. Conference. Ever.
Excitement is mounting at AIE headquarters ahead of this year’s insurance conference, with some phenomenal plans under way to ensure the organising committee delivers the best conference ever! CN&CO is proud to be part of the team organising this year’s conference on behalf of the Insurance Institute of South Africa (IISA) and the South African Insurance Association (SAIA). Read more

If you haven’t yet booked your spot for the AIE Conference, you can do so here:

COVER Magazine

  • Get adequate cover for your valuables before you travel
    The Easter break is fast approaching and many South Africans are making travel plans to enjoy family time and get a break from their busy work schedules. While the holiday is high on the agenda for some consumers, adequate protection of valuables such as car, home contents and other personal belongings may not be. Read more
  • Travelers reminded not to neglect insurance coverage
    Vera Nagtegaal, the executive head of Hippo.co.za, says that whether you are travelling for business or pleasure, it is essential to make sure your travel insurance covers the destination you will be visiting, and the activities you plan to do while you are there. Read more

For more news updates follow Cover on Twitter

FA news

  • Misrepresentation and non-disclosure make headlines
    It is important that clients understand their policy wordings and are also made aware of all exclusions in a policy in order to understand what they are covered for and what will stand on grounds for a rejection of a claim. We summed up some case studies from the Ombudsman for Short-Term Insurance’s (OSTI) briefcase, which we thought would be interesting for our readers. Read more
  • Show value
    Active vs passive management has been the David vs Goliath struggle of the modern age. Yet, while there was a result in the latter matchup, the debate between active vs passive management has been continuing without a clear winner coming to the fore. Read more

For information follow FAnews on Twitter

FIA Week@AGLANCE

  • Public Private Growth Initiative – The FIA’s involvement
    In the latest FIA Insights edition – Collaboration Breeds Success, there is an article on “Government-Business Collaboration Set to Bring Socio-Economic Wins For All” which provides background to this multi-sector initiative known as the “PPGI”. Read more
  • Hollard welcomes Sithega Investment in Prescient Holdings
    The Hollard Insurance Group, South Africa’s largest independent insurer, welcomed today’s announcement of the acquisition of a controlling equity stake in award-winning global financial services group, Prescient Holdings, by investment management company, Sithega. Read more

For information follow FIA on Twitter

Risk Africa Magazine

  • Uber “depends heavily” on insurance
    The ridesharing pioneer has insurance reserves of close to $3 billion set aside, according to regulatory filings made in preparation for its planned IPO. Read more
  • Road Accident Fund to be scrapped
    The Department of Transport is in the process of scrapping the Road Accident Fund in favour of the proposed Road Accident Benefit Scheme, with payments being made directly to claimants, medical and healthcare service providers. Read more

For more news updates follow Risk Africa Magazine on Twitter

THE INFORMER (IIG)

  • Councillor Profile: Darryl Grater (IIG Deputy President 2019)
    Learn more about #YourIIG’s Deputy President, Darryl Grater, and hear his opinions on career development. Read more
  • CEO Roundtable 2019
    Our prestigious CEO roundtable event was hosted by your IIG in collaboration with the IISA where speakers included Nico Conradie (Munich Re), Thokozile Mahlangu (IISA) and Bonang Mohale (Business Leadership SA. Read more

For more news updates follow Insurance Institute of Gauteng on Twitter