2024, Just another year?
Every year, for the past 35, COVER kicked off the year with an Industry Outlook. Although there is always the Yin and Yang of challenges and opportunities, the various drivers of industry growth and the factors impacting them, keep on evolving. Societal pressure seems to be number one in both the short-and long term industries, with ESG being the main impactor in the investment space, and societal pressure, whether economic, geo-political or environmental, changing the property and casualty risk landscape.
Uncertainty and volatility remains in the red, but the picture painted by most industry leaders is that our industry thrives on risk, with the silver bullet being effective management of data. Go back a few steps and it becomes clear that managing risk is the strategy and data is the fuel. Leveraging technology and especially AI, is accepted by all as a ticket to the game. More than 50 countries globally, are going to the voting stations, and the issues raised above will be driving the outcomes.
Buckle up and, if you love roller coasters, you will have a lot of fun this year. Embrace the Yin and Yang, leverage the adversity and share the results. Wishing you a memorable 2024.
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Financial Planning
- “Overhyped”? “Fad”? Why the critics are wrong about thematic investing David Docherty, Investment Director, Thematics at Schroders
- Bond outlook Nishan Maharaj is Head of Fixed Interest and has 21 years of investment experience
- Sanlam Investments’ top trends in responsible investing for 2024
Sanlam Investments CEO Carl Roothman and Teboho Makhabane, Head of ESG and Impact - To die so that another can live – why insurers need to rethink the red tape
Berniece Hieckmann, Executive: Strategy, Business Transformation & Business Optimisation at Metropolitan
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Outlook
- African Reinsurance Treaty trends for 2024 – A Regional perspective
- Business interruption claims trends
Our experts: Scott Inglis and Sarah Versavaud - Opportunities and risks in markets
Mike Adsetts, Chief Investment Officer at Momentum Investments - From macro-economic geopolitical trends to more nuanced AI: what businesses can expect in 2024 Charlotte Koep, COO of insurance platform Root
- Decoding the Investment Landscape
Reza Hendrickse, Portfolio Manager at PPS Investments - Industry outlook – ITOO
Opinion by Warwick Goldie, Chief Underwriting Officer at ITOO - Industry Outlook 2024: Bryte Insurance Sedick Isaacs, Head of Business Support Service
- Key risk trends for Directors and Officers in 2024: Allianz
Vanessa Maxwell, Global Head of Financial Lines at Allianz Commercial - Momentum Corporate research highlights the evolving nature of employee benefits in a digital age
Momentum Corporate CEO, Dumo Mbethe - South Africa’s shifting risk landscape
Tavaziva Madzinga, Santam Group CEO - The risk survey can assist in mitigating risks in property insurance
Sharon Paterson, CEO at Infiniti Insurance Limited - The risks and challenges facing insurers in 2024 Thokozile Mahlangu is the Chief Executive Officer of the Insurance Institute of South Africa
- Themes for 2024 – expectations, challenges, and opportunities
Clyde Parsons, Chief Innovation Officer at BrightRock - Transforming Finance in Africa
Riaan van Dyk, CEO of Sanlam Fintech - Unpacking South Africa’s Healthcare Landscape – Exploring the Upsides, Downsides, and Solutions with Gap Cover
Tony Singleton, CEO at Turnberry Management Risk Solutions - What happened in the insurance sector and what does 2024 hold
Peter Olyott, CEO of Indwe Broker Holdings and director at FIA - What we do with 2024, or what 2024 does with us Menso Kwint, Head of Lombard Trade Credit
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Short- Term
- Escaping uncertainty in insurance with IFRS 17 data
Viren Patel, Financial Services Industry Strategist at Workday - My Glass: A Blueprint for Inclusive Economic Empowerment in South Africa
My Glass Director Mumtaz Moola - Risk and resilience: unpacking the effects of South Africa’s prolonged hard insurance market
Cedric Masondo, Chief Executive Officer, PSG Insure - The real cost of insurance crime
Dr Jerry Chetty, Head of Business Integrity at Santam - The strategic value of business insurance in uncertain times
Khensane Mangwane, Claims Specialist at SHA Risk Specialists - Write-offs vs recoveries: What determines the fate of a car in case of an accident?
Head of MiWay Blink, Keletso Mpisane
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Technology
- AI in insurance – and why it shouldn’t scare you
Charlotte Koep, COO of Root - Alignment is a key component of digital transformation
Marcia Le Roux, SSP - Tough economic headwinds provide exciting opportunities for agile, customer-centric fintechs
Andy Jury, CEO at Mukuru - A lifetime of insights
Chris Kruger, Outgoing CTO, Momentum
