South Africa’s state-owned insurer sets up $1.1 billion riot buffer, to safeguard anticipated future unrest

South Africa’s state-owned insurer sets up $1.1 billion riot buffer, to safeguard anticipated future unrest

“All the ingredients for a protest are in place — someone just needs to light the match,” Mpumi Tyikwe, the insurer’s chief executive officer, said in an interview in Bloomberg’s Johannesburg office last week. “We can handle a significant event now. I think anything...

Policybazaar launches ‘ClaimSetu’

Policybazaar for Business (PBFB), the corporate arm of one of India’s largest online Insurance platform, has launched ClaimSetu, first AI-powered solution to simplify, and speed up Group Health Insurance (GHI) reimbursement claims. “Reimbursement claims remain one of...