In the News

Little ones learn animal love

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affinity group now in mozambique

In accordance with our mantra “Innovative Thinking” Affinity Group has established itself in Mozambique with the launch of Afinidade LDA. The Mozambican registered company is a collaboration between Affinity Group South Africa and prominent insurance players in the Mozambique insurance Read more »

Draft demarcation regulations tabled

The National Treasury (NT) and the Department of Health (DoH) joined statement on the draft demarcation regulations for tabling in Parliament, has simply replicated the inflationary and unsustainable provisions of Medical Schemes Act within the health insurance market. The demarcation Read more »

centriq host berg and bush

Centriq Insurance is super-thrilled to have been this year’s Berg & Bush Chillzone sponsor. The Chillzone fits in beautifully with Centriq’s “WE CARE ABOUT YOU” motto, and was therefore chosen to be a main sponsorship event alongside Centriq’s Tour de Read more »

Value add defined

The Affinity Group was established in 2003 to service the needs of the insurance industry through bringing together innovative value added products and controlling claims costs The Affinity Group is duly licenced and is a duly authorised Financial Services Provider. Having been in the insurance industry Shaun Waso was ideally positioned to see where the opportunities were evident for insurers seeking to differentiate their offer, and how this can be Read more »

the art of deception

As role players in the financial services industry, it would be foolish to believe that the systems and procedures we have in place make us immune to fraud as can be seen in the scenarios below: Smash and grab Mr Y reported a break-in to his vehicle which his iPhone and iPad were stolen. During the insurance claim investigation, Insurer A established that Insurer B had already settled a claim Read more »

Plain sailing for the new helmsman

What does this mean for Centriq? FAnews spoke with Jennett to find out more about his overall view of the industry and whether we can expect any big changes for the company in the near future. Question: What are your views on the UMA model in the current operating environment? Answer: it is safe to say that the insurance industry as a whole has experienced one of the hardest operating Read more »

Business as usual

It is probably no coincidence that most of the top executives in the insurance industry are family people. There’s always mention of a little golf, maybe a run or cycle every few days on the side, but essentially what they like to do for relaxation is spend time with their family. Jennett has been with Centriq for three years, on the leadership team and the board, and was recently assigned Read more »

Future of the insurance industry

Peter Jennett, has officially taken over from Gareth Beaver as CEO of Centriq Insurance from 1 September 2016. Peter joined Centriq Insurance in April 2013 as Managing Executive where he was responsible for the company’s group finance, group actuarial, risk finance solutions and affinity/ alternative distribution clusters. Before joining Centriq, Peter – a Chartered Accountant with a strong business orientation and strategic mind – worked for Munich Re and the Read more »