Insuretech a boon for early adopters

Soon, there may be facial recognition tech that predicts whether your client is a smoker or not. And soon, your clients will play a bigger role in administering their investments and policies, but they will need even more professional advice as they navigate this...

Use the cloud for tailored insurance solutions

With global public cloud services revenue expected to have reached $260 billion at the end of last year, there is no arguing the fact that cloud hosted solutions will be a key driver for growth in the future. Patrick Ashton, managing executive at the SilverBridge...

The opportunity cost of insurance compliance

Regulatory compliance is a must for any South African business operating in the insurance market. The cost of operational compliance and risk management is substantial and is incurred across the business value chain which includes technology infrastructure, human...

SWIFT gpi extends bank competitiveness

Fifteen African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank – and many...

Managing predictive behaviour in insurance

Predictive and behavioural analytics enable better risk mitigation, fraud detection, and customer insight for insurers. Kelly Preston, data analytics manager at SilverBridge, believes this provides organisations with a better understanding of not only how to approach...

Briisk aims to digitise financial services

One of the first companies to enable insurtech and fintech solutions on one digital platform, Briisk has provided the technology to launch South Africa’s first fully digital drone insurance, Drone Covered. The insurance, underwritten by Transact and Protect...