Category: News
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BrightRock announces entry into new risk market
Introducing more needs-matched change! May 2018, Johannesburg – Needs-matched life insurance player BrightRock is ready to bring further change to the life insurance industry with the introduction of a group risk product that can provide schemes with up to 40% more cover for the same premium. BrightRock has become known as a disrupter in the…
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BrightRock’s 5 Entrepreneurial Tips For Start-ups
After six years in business, needs-matched life insurance player BrightRock is widely regarded as the fastest growing player in its segment. By the end of 2017, they have achieved an annualised premium income of of over R1.1 billion and a year-on-year growth of 62%, relative to the industry’s growth of 8%. Schalk Malan, co-founder and…
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Make sure your children are taken care of should you suffer a serious illness of injury
By Schalk Malan We are living in a tough economic climate – the South African economy and the global economy are not at their best. This makes it even more important to make your money go far. Your clients’ most valuable asset is their ability to earn an income so they can secure they and…
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5 technological advances that are (re)shaping life insurance as we know it
The South African life insurance industry is seen as one of the most innovative life cover sectors in the world i. There are major technological developments on the international front that offer our industry the opportunity to cement its global status and to match individual needs. Some of these innovations are already driving change in…
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Are we really connecting with Millennials?
By Suzanne Stevens, Executive Director for Marketing at BrightRock A lot has been said and written about the impact of the Millennial generation on business. Evidently, we are seeing this impact on a daily basis, with the increasing popularity of app- and geolocation-driven services, the rise of Blockchain technology and, of course, the surge of…
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Siya Kolisi wins BrightRock Players’ Player of the Year
South Africa’s 2017 Players’ Player of the Year Siya Kolisi and other rugby peers recognised at the inaugural BrightRock Players Choice Awards in Johannesburg on Tuesday. Kolisi was named the 2017 Players’ Player of the Year, following in the footsteps of past rugby legends who received the accolade. The other winners named on the night…
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Upstart’s personalised policies lift off
Sanlam’s recent acquisition of a 53% stake in BrightRock is a clear sign that the “needs-matched” life insurer has shaken things up in the long-term insurance sector. The deal, valued at R721m, brings a powerful distribution force to BrightRock, which has relied on independent financial advisers to sell its product. Even on that basis, and notwithstanding…
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Estate Planning for New Parents
You are planning to start a family, but how do you ensure that you cover your child’s financial needs should something happen to you and your spouse? By Jessica Anne Wood Hein Klokow from Secure Legacy highlights that one of the most important conversations you need to have with your spouse and your estate planner…
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Sophisticated insurance does not have to mean it is complicated
SA is seen as tops for life insurance innovation and BrightRock’s flexibility fits the bill, writes Stephen Cranston. Product complexity in insurance is one thing and it was what made the old universal life policies so confusing. It was hard to work out if these multiheaded hybrids of protection and savings were good value for…
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BrightRock’s Schalk Malan on CNBC and eNCA
BrightRock CEO Schalk Malan appeared on two television shows to share consumer tips about recession-proofing your finances.