Tag: Business Performance Results
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BrightRock’s 2021 payout equal to all claims paid in its first 7 years in business
In 2021, BrightRock paid as many death claims as it did in the first seven years of its existence. The young life insurer, in which Sanlam acquired a majority stake in 2017, covers almost 2 million lives, but it paid out R1.25 billion in claims in one year.
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Needs-matched life insurer BrightRock announces growth in 2021, despite a challenging time for the life insurance industry
Needs-matched life insurer, BrightRock, today provided an update on its business performance results across its individual life, group risk, and funeral businesses for the fiscal year ending 31 December 2021.