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Insurance Bill Update June 2017

The National Treasury presented its response to public comments received on the Insurance Bill, 2016, to Parliament’s Standing Committee on Finance in May. A copy of the Bill, as well as the presentation was published on Wednesday. Key Issues Addressed In Proposed Revisions Transformation ...
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CAMARGUE CYBER ATTACK PLUS (“CCAP”) CYBER RISK SOLUTION

      By Camargue Underwriting Managers (Pty) Ltd           The incredible pace of growth in the global technology space has produced a society which has become completely dependent on technology. This has led to the greatest ...
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Turkish economy surges in Q1 2017, driven by Exports

By Coface, the international trade credit insurance company                                         Chart: Breakdown of Turkish GDP components ...
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5 biggest lessons you can learn from a 5 year old

Disruptive insurer King Price turned 5 this month… Which detractors didn’t see coming! Founder and CEO, Gideon Galloway says: ‘Some people said that our decreasing premium model wasn’t sustainable and we’d never make it. Other people say that the first 5 years are the ...
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Technology alone will not determine success of banking and insurance providers in the digital future

Digital technology is reshaping the banking and insurance sectors at an unprecedented rate. Basic transactions in traditional banking continue to migrate from physical to digital channels and banks downsize their branch networks. In the insurance space, customers have gained control on how technology ...
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From The Glossary »

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Buy-and-Sell Agreement:

A buy-and-sell agreement is an agreement between the members of a business entity, obligating themselves to sell on their deaths (or disability) their interest to the survivors and likewise obligating the surviviors to purchased the deceased member`s interest.
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