VIDEO: Everything.Insure aims to demystify SA insurance market

After ruffling some feathers in the South African insurance industry, insurtech start-up company Everything.Insure has set its sights on expanding its operations to India.

This was revealed by Mishaya Chettiar, executive head of Everything.Insure, in a video interview with ITWeb TV.

3.5min read or else watch the interview for 17 minutes.

Data breaches cost SA’s financial sector R73m on average

South Africa’s financial sector has experienced the highest average cost of data breaches totalling R73.1 million, with the industrial and services sectors second and third, with R71.37 million and R58.78 million, respectively.

3.5min read.

Financial Services Leader PSG Konsult Appoints Lizé Lambrechts

PSG Konsult Limited has announced the appointment of Ms Lizé Lambrechts as an independent non-executive director, effective from 14 July 2023, pending regulatory approval. This appointment aligns with the company’s commitment to enhancing its governance and strategic leadership.

Ms Lambrechts holds a BSc Hons (cum laude) degree in applied mathematics from the University of Stellenbosch and is a qualified actuary.

2min read.

Census: Here’s Where Things Stand

The latest census is expected to be published before October, according to Census Project Director Calvin Molongoana. The last one, the 2011 census, was released more than a decade ago in 2012.

The census is very important not only for demographers, but for industry in general. Prof Moultrie from the Centre for Actuarial Research at UCT tells us more about the complexities and how to adjust for the delay.

3min read. 

Winner announcement: Miway’s 2023 Actuarial Hackathon proves the efficacy of creative recruitment drives

The MiWay Actuarial Hackathon – an invitation-only, one-week modelling marathon took place earlier this month and saw participants apply their minds to developing the best pricing strategy based on a provided dataset. This year’s constituent comprised 3rd year and Honours students, across the fields of actuarial science, data science and related fields.

3min read.