Insurance news wrap-up for the week ending 5 July 2019

At CN&CO we love to be informed about the insurance industry – with so much happening it can be easy to miss a story! So make sure you get the weekly recap of the main stories from this week that you may have missed.

With just over a week to go until the 2019 African Insurance Exchange at Sun City (#AIE2019), we have seen a massive spurt in registrations. Members of the insurance industry are certainly gearing up for what promises to be the best conference ever.

With so little time to go, we will be closing off bookings on Monday, 8 July 2019 at 12pm. Any changes or new bookings made after this time will go onto a waiting list. That will give us a week to sort out the final touches and double-check that everyone’s conference is a smooth and happy experience.

If you haven’t yet booked your spot for the AIE Conference, you can do so here

COVER Magazine

• AI regulation in South Africa
  In many industries in South Africa, there has been a massive drive towards incorporating artificial intelligence and machine learning into business and products to streamline operations, analyse user behaviour and determine or predict potential purchasing behaviour. However, as technology advances at a rapid pace, policymakers and laws have struggled to keep up. Read more

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FA news

• A practical example of the value of insurance
  In June 2017, South Africa suffered its worst natural catastrophe to date when a wildfire consumed the coastal towns of Knysna and George. Santam, the University of Stellenbosch, and the Council for Scientific and Industrial Research (CSIR) recently released a collaborative research report into the disaster. There are some important key learnings that can be taken from it. Read more

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FIA Week@AGLANCE

• The rainy season road hack
  South Africa has the 10th longest road network in the world with roughly 60% of the roads potholed and in need of maintenance. Reports have found that 80% of cases have left critical damage to cars, and not just the tyres. Read more
• Blending passive and active investing
  In the face of the current economic climate, many investors will seek the most cost-effective opportunity and weigh up the pros and cons before choosing a suitable investment product or service. Read more

For information follow FIA on Twitter