Category: Diving Deeper
Challenges of onboarding complex clients: lessons for insurers and risk managers
Onboarding a single individual can be a long, drawn-out process with many pain points which need to be undertaken systematically and efficiently. But [...]
African reinsurers fear another tough round of renewals at 1/1
African reinsurers are expecting prices to rise once again as they face the 1/1 renewals but also expect it to be a little easier to place business th [...]
The pace of change posing biggest risks, insurers agree
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Artificial intelligence and other technological innovations stand out as major risks for African insur [...]
Nigerian insurers battle multiple challenges; target new frontiers
The insurance sector in Nigeria has continued to break new ground in the face of multiple daunting market challenges. At the recent annual retreat for [...]
Case study: Caribbean insurance leader, Family Guardian, begins policy administration modernisation with Equisoft
Family Guardian, a leading provider of financial services in The Bahamas since 1965, needed to modernise its aging legacy insurance policy administrat [...]
African insurers must shift away from manual processes to remain sustainable
Insurers, brokers and the banks are still relying on manual processes for selling insurance, onboarding and engaging with clients, as well as for sett [...]
Geopolitical resilience: the new board imperative
Today’s world is more connected economically than ever before yet is experiencing significant geopolitical fragmentation. In this context, geopolitica [...]
Contract farming forming a new route to insurance for smallholder farmers
Mamahali Peete, a mother of three children, left her marketing career in the vibrant Johannesburg city in neighbouring South Africa and relocated to L [...]
African financial regulators have chance to act and reduce depletion of nature, suggests new report
Financial regulators around the world are recognising that the depletion of nature poses major risks to financial and economic stability: these are ad [...]
Fire is second top cause of loss of shipping vessels, with figures still climbing
Allianz’s Safety and Shipping Review 2023 reports that fire was the second top cause of loss for shipping vessels last year (after foundering) with ei [...]