The dignity of the commission has been held up by Zondo's personal approach to the process. Even the most reluctant witness could not gather the rudeness to withdraw, writes Ralph Mathekga.
Insurance won’t apply in cases of illegality and reckless behaviour.
Ongoing education is still necessary for a genuine savings culture to be enabled in South Africa, says the CEO of credit life insurance brand Yalu.
Having started her career in sales at Vodacom in 1994, Carol Hall later became the first female managing executive of a region. She shares more on her journey of climbing up the corporate ladder, and the priorities for her new role.
671,016 members made claims for hospital treatment with an average cost of R43,057 per admission.
The Momentum/Ganas case, which caused public outcry when the insurer refused to pay out a claim, has prompted the Ombudsman for Long-Term Insurance to recommend government intervention.
Some insurers are seemingly still not embracing ubuntu.
As digital disruption continues to change the game in the insurance industry, insurers are revising their business models to stay relevant with consumers.
OUTsurance and Santam had the fewest complaints referred to the industry's ombud.
A brand-value specialist says Discovery is already among the most valuable insurance brands on the globe, but its ability to make money in the future is very nearly unparalleled among its peers.
Amended policyholder protection rules for group insurance requires so much information that members will likely get overwhelmed, says an expert.
The new demerit system for SA road users has good intentions, but it can also pose a significant threat to the insurance industry.
A man who defrauded an insurance company of R300 000 after reporting a false hijacking has been sentenced to seven years in prison.
Momentum Metropolitan has entered into an agreement to acquire Alexander Forbes Short Term Insurance business.
Since the decriminalisation of the use and private cultivation of cannabis, there has been much discussion on how it could affect a long-term insurance claim.
The Ombuds for Long-term Insurance has received a record number of complaints in 2018, most of which were about funeral benefits.
"The burden of proving that a driver was drunk rests on the insurer."
Cellphone-related complaints against insurers are on the increase, new numbers show.
Marine insurers in London are holding an extraordinary meeting to discuss the situation in the Gulf following attacks on ships off the United Arab Emirates.
Group disability insurance in South Africa is highly commoditised. As such, purchasing decisions are often largely driven by price, says an expert.
MMI Holdings, Group head of transformation Busisiwe Sithole shares lessons she learned in ensuring transformation strategies are effective.
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