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...

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...

Insurance industry gears up for PoPI

On 25 May, the European Union’s new General Data Protection Regulation (GDPR) came into effect. The long awaited law changes the way in which companies are required to collect, store and process personal information, and affording EU residents better protection...

Fintech culture transforms Africa’s FX landscape

Africa’s fragmented markets and lack of legacy foreign exchange trading infrastructure means that the continent has become a melting pot of fintech activity and innovation. The evolution to electronic foreign currency trading in Africa, whilst slow to start, is...

Insurance model requires digital innovation

Insurers must adapt to the new digital environment and provide customers with the same degree of customisation they receive in other industries. This requires the traditional insurance model to make way for strategies that incorporate a lifestyle-centric approach,...