Category: News
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Why do you need critical illness cover?
By Schalk Malan While medical and, possibly, gap cover can make provision for medical expenses, these insurance products are very unlikely to cover any gaps when it comes to the additional expenses like lifestyle changes that result from life-altering illnesses or injuries. For example, for a condition like paraplegia, a critical illness policy will help…
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How to choose the right group risk cover for your business
Your clients and business partners are likely to be your main focus when you start out as an entrepreneur. But as your venture grows into a fully operative business of scale, your employees will matter just as much. That’s why it’s important to ensure you provide adequate employee benefits, and when it comes to group…
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Challenging the status quo in financial services
By Samantha du Chenne At the most recent Financial Mail AdForum event, held in association with Ornico, the financial services sector came under the spotlight. Typically a competitive industry, financial services has been affected by the constrained economy and by a consumer base that doesn’t believe that bigger is always the best. With an alarming deficit of…
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BrightRock offering group risk cover
Life assurer BrightRock is entering the employee benefits space by offering group risk cover to employers. BrightRock has disrupted the individual life market with its needs-matched product, which matches clients’ needs at the outset and adapts their cover to their changing financial needs over time. Schalk Malan, the chief executive of BrightRock, says the company…
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BrightRock and Discovery are able to tap into what people need
While one incentivises truck drivers with airtime and chips, the other gets group cover right By Stephen Cranston In Roman times bread and circuses were the instruments to keep the ordinary man in check. The new post-millennial equivalent is burgers and airtime. Discovery Business Insurance aims to be the truck driver’s friend. It still offers…
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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…