Digital transformation to change insurance

The advent of the digital world is revolutionising technology, in turn creating disruptive trends such as social, mobile, analytics and cloud (SMAC), says Saraswati Pramudi, principal consultant at Wipro BAS Architecture Practice. A new category of consumer is...

Insurance as a service

Studies conducted by Ovum reveal that the use of SaaS (software as a service) in the global insurance industry is already significant with at least a third of all insurers fully deploying or trialling SaaS currently. Despite a significant minority of insurers...

Sasria gains additional functionality

Sasria, as Africa’s foremost special risks insurer, covers property worth billions of rands against extraordinary risk. These risks include damages arising from riots, strikes, and terrorism. Sasria distributes its cover through agent companies (insurance companies)....

Why you need to insure against cybercrime

The need for businesses to ensure that they are adequately protected from cybercrime has been highlighted once again, as a Gemalto Breach Level Index reveals that 2014 saw 974-million records lost or stolen – or 31 records lost or stolen every second. Candice...

Quality data key to decreasing fraud

Businesses and consumers alike typically consider insurance to be a grudge purchase – something they need to have, but which does not add value, says Ian Logan, senior director: Insurance and Partners at TransUnion. Although it is essential in protecting them from a...