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It's all about Software-as-a-Service (SaaS)

Published: Thu, 22 Oct 20

What is SaaS eCommerce? SaaS stands for Software-as-a-Service, is a software licensing and delivery model in which software is licensed to a user, it’s a way of delivering services which can be accessed via the internet. SaaS applications run on a provider’s servers; eCommerce platforms allow ...
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Introducing Insure Cloud, your SaaS short term insurance platform

Published: Thu, 22 Oct 20

Stepping into the market   During the pandemic COVID-19 many industries along with the insurance sector experienced a time of uncertainty followed by a sudden change and growth in technological and digital space. The heavy reliance on web-based tools and services for our day-to-day interactions; proved ...
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Call for actuaries to collaborate with government to rid South Africa of “wicked problems”

Published: Wed, 07 Oct 20

As the world continues to grapple with the “wicked problems” created by the Covid-19 pandemic, governments able to efficiently mobilise their diverse talent pools appear to be presenting their citizens with better outcomes than those unable to do so, according Lusani Mulaudzi, President of the Actuarial ...
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Wealthy families support the fight against COVID-19

Published: Wed, 07 Oct 20

New research from international family office Stonehage Fleming has revealed that the COVID-19 pandemic is leading to a significant shift in the key priorities of many wealthy families. This finding and others is contained in Stonehage Fleming’s report, ‘Four Pillars of Capital: a time for reflection. ...
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HOW UNCLAIMED MONIES CAN CONTRIBUTE TO ECONOMIC AND SOCIAL DEVELOPMENT OBJECTIVES

Published: Mon, 05 Oct 20

By: Elio E’Silva, Head of Direct Corporate Solutions, Alexander Forbes Prescribed assets for retirement funds have been discussed extensively as a potential source of funding for state-owned entity (SOE) debt as well as the country’s developmental imperatives. This raises concerns about the possible ...
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SANDWICH PANELS: A Burning Issue - Understanding the Risk

Published: Thu, 17 Sep 20

Sandwich Panel related fires have resulted in major property damage and business interruption losses over the years. What are Sandwich Panels? Sandwich Panels or Composite Panels are structures made up of three layers: a low-density core and a thin metal or plastic skin-layer bonded to each side. Over ...
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SIMPLIFYING THE RETIREMENT FUND DEATH CLAIMS PROCESS

Published: Tue, 15 Sep 20

By Dolana Conco, Regional Executive at Alexander Forbes   Losing a loved one is one of the most difficult experiences a person can go through, and during this difficult time, you don’t want your loved ones to have to worry about finances. Your family will receive a share of your retirement ...
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Want to withdraw retirement funds on emigration? National Treasury and SARS say try again in 3 years' time

Published: Wed, 09 Sep 20

            by Joon Chong, Partner & Wesley Grimm, Associate at Webber Wentzel   The National Treasury published the Draft Taxation Laws Amendment Bill, 2020 (Draft Tax Bill) for public comment. One ...
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Transformation Collection During COVID-19

Published: Wed, 12 Aug 20

While COVID-19 has created havoc on society, this change can contribute to positive opportunities in the way we do business within an enterprise moving forward. Rapid Collect can assist SME's and Enterprises with their collection and payment solutions digitally. Our integrated web based systems will ...
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Making saving a priority this Women’s Month

Published: Tue, 11 Aug 20

By Mandy Porter, Alexander Forbes senior financial adviser   Women could live to up to eight years longer than men according to research by the World Health Organization. As a result, women need to save more, for longer, to provide for a dignified retirement. Research by Stellenbosch University’s ...
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Liberty Drives Hope - and places the needs of ordinary South Africans at the core

Published: Fri, 31 Jul 20

It was a desperate cry for help on Facebook. When Karen Denny, Divisional Executive for Liberty’s Digital Marketing team, first read it, her heart sank. An elderly woman had anonymously poured her heart out, searching for help after she was sexually assaulted by a relative. The woman’s family and friends ...
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Is the Covid-19 e-commerce boom here to stay?

Published: Tue, 28 Jul 20

The Covid-19 pandemic has accelerated the adoption of e-commerce in a way no company could have imagined. In fact, in many instances, it has brought 3-5-year sales projections forward in just a matter of months. “Many businesses are already living in the future,” said Gerrit Smit, Partner - Head of Equity ...
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Art as a store of value in times of crisis

Published: Mon, 27 Jul 20

During times of crisis, the appeal of collectible assets like art can intensify. Nervous of the present risks in investment markets, investors will look to include assets with a more consistent store of value in their portfolios.   Historically, average valuations across the art market have tended ...
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SAIA Successfully Holds Annual General Meeting (AGM) 2020

Published: Mon, 27 Jul 20

Johannesburg – At its first ever virtual Annual General Meeting (AGM) held on 23 July 2020, the South African Insurance Association (SAIA) successfully nominated a new SAIA Board of Directors composed of non-life insurance member companies, reinsurance companies and state-owned enterprise chief executives and ...
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POST-PANDEMIC PRODUCTION RELOCATION: AN OPPORTUNITY FOR CEE COUNTRIES?

Published: Mon, 27 Jul 20

Here are the main points addressed in this Coface study:   A favourable context Foreign trade and inclusion in supply chains had already increased for Central & Eastern Europe (CEE) in recent years, boosted by most of its countries’ decision to join the European Union (EU) in 2004. Strong ...
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Lloyd’s approves new specialised syndicate to insure transportation of COVID-19 vaccine to emerging economies

Published: Fri, 24 Jul 20

Lloyd’s, the world’s leading specialist insurance and reinsurance market, today announced the creation and in principle approval* of its newest “syndicate in a box,” Syndicate 1796, set up to insure the storage and transportation of a COVID-19 vaccine once developed to emerging economies. This ...
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Grant Maxwell to lead Alternative Risk Transfer line of business at AGCS

Published: Thu, 23 Jul 20

Grant Maxwell appointed as Global Head of Alternative Risk Transfer at AGCS reporting to Chief Underwriting Officer Corporate Tony Buckle Non-traditional risk transfer solutions increasingly important for multinational corporations Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore – 23 July, ...
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GLOBAL TRANSPORT: WHAT DOES THE FUTURE HOLD BEYOND COVID-19?

Published: Tue, 21 Jul 20

Here are the main points addressed in this study (download it here)   Coface does not expect the sector to recover to fourth quarter 2019 level before 2022. In Coface’s central scenario, the turnover of listed companies of the global transport sector will be 32% lower in the 4th quarter ...
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FINANCIAL LESSONS 2020 HAS TAUGHT US

Published: Mon, 20 Jul 20

While most of us would choose to fast forward to 2021, this year has taught us many hard lessons, including financial ones. Jaco Prinsloo, Certified Financial Planner at Alexander Forbes, reflects on some of the learnings we should all take with us. Lesson 1: Debt can be scary There are few things scarier ...
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United States: Two-speed business bankruptcies

Published: Thu, 16 Jul 20

United States: Two-speed business bankruptcies   As the COVID-19 epidemic hits the United States very hard, Coface forecasts in its baseline scenario that the country's GDP will contract by 5. 6% in 2020, before rebounding by 3. Nevertheless, this forecast is threatened by the resurgence of the outbreak ...
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