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The editorial team feature an executive opinion article titled ' Tackling the surge in Insurance fraud', by Old Mutual Retail Insurance CEO Soul Abraham, along with professional perspectives from Momentum Investments, Continental Re, and Bidvest Life. Trending news looks at the state of Offshore Investing and equities in 2024, as well as multinational insurance.
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I have always held the view that the main role of the Regulators, FSCA and SARB in our case, is to create an environment conducive to innovation and economic growth. That should be the starting point. Not a focus on policing transgressors and creating more regulation to close the gaps for transgressors, which must be a secondary focus.It was therefore an absolute delight to discuss regulation with a regulator that has his focus firmly set on growing the financial services industry in Mauritius, the Chief Executive of the FSC Mauritius, Mr Vikash Thakoor.
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Riaan van Dyk, newly appointed CEO of Sanlam takes us through a riveting journey into the evolution of traditional finance to a cutting-edge digital future.
With a focus on democratizing financial advice, understanding evolving client behaviors, and plans for expansion, Riaan offers a captivating glimpse into the dynamic world of fintech innovation.
Don't miss out – read the full conversation below for an immersive exploration of the future of finance in Africa..
In a narrative woven with irreverence and insight, Peter Olyott, CEO Indwe Broker Holdings and director at FIA, examines South Africa's resilience amidst adversity, from turbulent weather claims to urban upheavals. He champions innovation, urging industry players to emulate the audacity of Elon Musk in adapting to profound shifts in perils, economics, and technology.From the rise of vehicle leasing to the overlooked perils of cybercrime, Olyott envisages a seismic transformation, where traditional insurance models yield to bespoke covers tailored by consumers themselves.
Amidst global turmoil and regional conflicts, Olyott lightens the mood with wry predictions, ensuring a hopeful outlook for the year ahead. Whether facing rugby matches or unforeseen challenges, his narrative brims with optimism, inviting readers to embrace change and navigate 2024 with resilience and innovation.
We are in the midst of an transformative era for South African insurance, economic pressures, political uncertainties, and heightened reinsurance costs are redefining the industry. In today's Executive opinion, Kashmira Naran, Insurance Partner at KPMG, dissects insights from the 2023 KPMG Insurance Survey.
Amidst challenges like increased natural disasters and political instability, the sector is embracing technology and customer-centric strategies. Innovations like generative AI and IoT are redefining risk management while ESG initiatives are helping to align insurers with policyholders' values.Despite hurdles, the industry's r..
