News Room

SilverBridge Subsidiary Takes Insurance Solutions into Africa with Exergy

Integrating Managed Services Platform for Enhanced Policy Administration PRETORIA – Feb. 06, 2017 – Cirrus, a subsidiary of the SilverBridge Group, is using Microsoft Azure as the foundation for the Exergy managed services offering, designed for the long-term insurance industry in Africa. This will provide insurance companies across the continent with a cost-effective and efficient [...]

By |February 6th, 2017|General, News room, Press office, SilverBridge holdings|

SilverBridge introduces new leave policy to further empower its people

Insurance software solutions provider SilverBridge has introduced a Discretionary Time Off leave policy for its employees. This has been designed to strengthen its position as an employer of choice focused on promoting a people-centric culture inside the organisation. The policy replaces all forms of traditional leave and empowers individuals and the team in which they [...]

By |February 2nd, 2017|News room, Press office, SilverBridge holdings|

Better insights critical for insurance industry

In a highly competitive market driven by challenging economic conditions, insurance companies must more effectively analyse data. This, says Kelly Preston, data analytics manager at SilverBridge, is critical if they are to improve the customer value proposition. “A consequence of this competitiveness is what is termed the underwriting cycle. When business is profitable, more insurers [...]

By |January 31st, 2017|News room, Press office, SilverBridge holdings|

Lesotho insurer digitises business with SilverBridge

Cirrus, a subsidiary of the SilverBridge Group, has completed a digitisation project for the Lesotho National Life Assurance Company (LNLAC), a member of the Regent Group of companies. This has seen the scanning of 1.7 million documents to improve business processes at the insurer and provide better customer service to their clients. Previously, LNLAC was [...]

By |January 30th, 2017|News room, Press office, SilverBridge holdings|

The importance of Business Intelligence (BI) in insurance

Companies need to find ways of extracting actionable insights from the vast quantities of data they produce. And while the past few years have seen decision-makers embrace Big Data and predictive analytics to deliver this value, the answer could be more simplistic and less daunting than that. Kelly Preston, data analytics manager at SilverBridge, looks [...]

By |January 23rd, 2017|News room, Press office, SilverBridge holdings|

Hackathons provide platform for innovation

Events like the recent 24-hour Blockchain Hackathon, run by Santam in conjunction with IBM and the Blockchain Academy, play an important role in the ongoing development and improvement of the software industry, says SilverBridge senior software developer Jonathan Jardim who won the Hackathon. “There are a lot of new technologies out there and the only [...]

By |December 6th, 2016|News room, Press office, SilverBridge holdings|

GetSure moves to managed services platform with SilverBridge

SilverBridge designed and implemented a customised managed services solution at GetSure Zimbabwe to enable the insurer to migrate its individual life and group businesses to a cloud platform for streamlined operations. Although GetSure Zimbabwe initially started developing an internal solution, it was not cost-effective and did not have all the functionality required. GetSure Zimbabwe therefore [...]

SilverBridge developer wins Blockchain Hackathon

SilverBridge software developer Jonathan Jardim has won the recent 24-hour Blockchain Hackathon run by Santam in conjunction with IBM and the Blockchain Academy. The event was designed to highlight the impact of insurance fraud in the country. “With insurance fraud costing local businesses billions of Rands annually, events such as these are critical to find [...]

By |October 3rd, 2016|News room, Press office, SilverBridge holdings|

African growth boosts SilverBridge annual results

Following continued expansion into Africa and the introduction of new business models built around digital offerings, SilverBridge has reported strong financial results for the year ending 30 June 2016. Its net profit increased by 21 percent to R10.1 million and its cash balance improved to R27 million, up from the R18.2 million of the comparative [...]

By |September 28th, 2016|News room, Press office|

Understanding endowment assurance

At its most basic, an endowment is a kind of life policy that pays out the sum assured either on a fixed date (typically anything from 10 to 20 years) or upon the death of the person insured, whichever happens first. An endowment is therefore best viewed as a combination of life assurance and savings [...]

By |August 10th, 2016|Blog, General|