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Reinsurance Solutions Intermediary Services is growing all the time.
Take a look through our news articles for more on our latest client wins, new products and services, and exactly how we're helping Southern African insurance firms meet their customer obligations.
News | Tag: insurance
Need a new reinsurance broker? Here's what to look for
April 12 2021 By Cameron Cupido cameron cupido, reinsurance, reinsurance broker
'Not all brokers are created equal' might have been adapted from an old adage over the years for various sectors, including the insurance industry, but never has it been more appropriate than in the current climate and specifically, when trying to find a competent reinsurance broker. The fact is, reinsurance is a niche profession that requires a dedicated set of skills, significant experience and long-standing industry relationships to be truly e...
Read MoreImproved risk management with RSIS
April 12 2021 By Thato Raboroko reinsurance, reinsurance broker, insurance, thato raboroko
RSIS licenses the actuarial modelling software, Risk Explorer. This cutting-edge software provides better, faster and continuous insights into corporate risks, allowing us to develop optimal solutions to maximise returns, and accurately assess reinsurance pricing to inform budgets and reinsurer negotiations. Risk Explorer also enables us to provide portfolio and dynamic financial analysis, as well as reinsurance benchmarking. Through this tool, a...
Read MoreCovid-19: what it taught reinsurers in planning for the next pandemic
March 21 2021 By Cameron Cupido covid-19, corona, insurance, reinsurance
As with every sector the world over, reinsurance felt the impact of the Covid-19 pandemic and subsequent global lockdowns in 2020. An unexpected event for which no one was fully prepared, Covid-19 saw the mass cancellation of events, and the overnight shutdown and scaling back of large industry and business operations, while the service industry all but ground to a halt. The result was a significant amount of cancellation refunds having to be iss...
Read MoreKidnap insurance now a necessity for multinationals in Southern Africa
February 09 2021 By Cameron Cupido kidnap insurance, insurance, reinsurance, africa
When one thinks of kidnapping for ransom, Hollywood movies instantly come to mind. After all, the big screen and the Americas is where such stories usually play out. But what about Africa? In 2003, kidnap-for-ransom statistics sat at 6% for Africa and the Middle East combined. By 2016, this figure had risen sharply to 44% - with Africa accounting for 34% of that total. This represented a 600% increase in just 13 years. According to data gathered ...
Read MoreAon Willis merger - a risk for the SA reinsurance market?
December 07 2020 By Cameron Cupido reinsurance, merger, aon, willis
It was with interest that I read Mark Geoghegan's assessment of the Aon Willis merger in his September column, The $72bn broker, on The Voice of Insurance (https://www.thevoiceofinsurance.com/post/the-72bn-broker). Geoghegan cites a number of areas where the joint manifesto - penned by Aon's Greg Case and Willis Towers Watson's John Haley - falls short. These include its unfathomable omission of any reference to its people, retaining and attracti...
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