Consumers are spoilt for choice thanks to the proliferation of short-term insurers, but industry players say a shake-out could be coming. Mergence’s financial services investment analyst, Radebe Sipamla, said the nonlife sector had evolved. The adoption of data analytics and technology to help to model risk, coupled with sound actuarial pricing, had moved the dial for insurers as they offered products that suited the individual needs of customers.
Monitoring operational performance at Eskom and Transnet
South Africans are currently experiencing the longest stretch of uninterrupted electricity supply in two years. While the lack of loadshedding