Tag: Insurance Biz
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Nine leadership questions for Sean Hanlon, Executive Director, BrightRock
After studying teaching and drama, I found my passion when I joined the life insurance industry as a broker consultant in the early 90s. I’ve worked in senior positions in financial services for over 30 years, having set up and run distribution for major life insurance operations in South Africa and the United Kingdom. 1.…
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What drives susceptibility to insurance fraud: The repercussions
Economic hardships often push individuals toward desperate measures. In tough times, fraudulent behaviour becomes even more tempting. Falsifying death certificates for funeral policy claims or withholding crucial health information during application processes are just some examples of this deceit. Extreme cases of fraud may involve staging an accident, faking an injury or death, or syndicated…
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BrightRock sees resilience, growth, and improved claims experience in 2023
Johannesburg – Needs-matched life insurer, BrightRock, today provided an update on its business performance results across its individual life and funeral businesses for the fiscal year ending 31 December 2023. Despite the difficult economic conditions currently impacting consumers’ pockets, CEO Schalk Malan says BrightRock has shown resilience and growth. “The ongoing cost of living crisis and…