Category: News
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Insurance for the gig economy
The biggest risk for the self-employed is not being able to work due to illness or trauma. Maya Fisher-French discovers that insurance products are not designed for the self-employed The growth in the so-called gig economy is one of the biggest labour trends globally. This is when individuals with a specific set of skills leave mainstream employment…
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Ways to maintain your income when you can’t work
Income-protection disability cover that pays a monthly income is the best match to replace your income and should include temporary disability cover By Charlene Steenkamp A staggering 70% of South Africans will, in their lifetime, have a disability that will prevent them from earning an income either temporarily or permanently. Yet only 47% of South…
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How to choose the right group risk cover for your clients
By Schalk Malan In the modern world of work, there is an increasing need for employers to provide adequate employee benefits. When it comes to group risk cover, it’s becoming increasingly important to find a solution that matches the needs of everyone in a business. It’s no secret that the world of work, as we…
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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…