IoT and its role in insurance

By the end of this year, forecasts anticipated that there will be more than 14-billion Internet of Things (IoT) devices in use with that number expected to reach 25-billion by 2021. Furthermore, the global market for IoT is projected to grow significantly between 2018...

Myths and realities of fintech lending

Fintech start-ups have transformed the market for consumer lending in the US and other mature credit markets, by giving people an alternative way of borrowing money without having to go through a bank or a traditional lending institution. We see a similar trend...

Reviving SA’s payments infrastructure

In the 1980s and early 1990s, South Africa was viewed as having one of the most modern payments system in the world. By Martin Grunewald, executive head: payments business at BankservAfrica Since then, we haven’t necessarily kept up with continuous modernisation...

Dawn of the insurtech era

After a long period of debate as to whether the hype is justified, the time of insurtech is at hand, with innovators in this sector helping to reinvigorate insurance with tech-driven business models that completely transform the customer experience. That’s the...

The future of car insurance is here – well, almost ..

.If the crystal ball-gazers are to be believed, hardly any of us will own our own cars in the next 10 years. By Gideon Galloway, CEO of King Price We won’t even do our own driving, as fleets of self-driving cars whoosh us silently to where we want to go. And as...

Data brings personalised insurance to life

How well do you know your clients? Probably not as well as you think. Certainly not as well as they’d like you to. Dr Eugene Wessels, partner: data analytics at King Price Insurance But that’s all changing. Clients aren’t just demanding greater...