Insurers must be creative to innovate in a highly-regulated sector

South Africa’s stringent regulatory environment that governs the financial services and insurance sector can make it challenging for companies to bring innovative technology, ideas and products to the market, but there are ways around this. This is according to Justin...

Digital disruption means modernising core systems in insurance

Digital disruption challenges insurers with innovative technology trends emerging around artificial intelligence and machine learning. Systems will have to be modernised if incumbents tap deeper into the existing market. At the same time, this provides significant...

A new way of selling insurance

Moving from paper-based solutions to digital solutions has long been a goal of the insurance industry. By Jonathan Stewart, co-founder of Root It has been brought into greater focus by the post-pandemic reality that while more people are considering certain insurance...

The transition to a contactless economy

The 2019 Future of Payments in South Africa report by Deloitte and Mastercard stated that “although 80% of South Africans have a bank account, most consumer transactions are still cash-based” and that a “relatively high share of consumers (45%)...