Press Office

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|

Regent adopts Exergy for commission administration

When Regent had to automate its commission administration system, it opted for the commission module embedded in the SilverBridge Exergy policy administration system. The migration is considered to be one of the most successful projects at Regent Insurance given its complexity. Regent managed the migration of both the data and the functionality with support from [...]

By |July 12th, 2016|Case studies, Press office|

Term Insurance.. the ins and outs

Term assurance is probably the oldest form of life assurance and was typically in force for a period of one year. Today this type of policy usually has a term between 1 and 20 years. It provides coverage at a fixed rate of payments for a limited period of time, called the term. After that [...]

By |May 18th, 2016|General, Insurance general|

What do our users experience?

User experience is the feeling a user has when he/she works with a specific product or entity. The international standard on ergonomics human system interaction, defines user experience as ‘a person’s perceptions and responses that result from the use of a product, system or service’. The term UX or user experience is widely used in the IT and design spheres, because the user’s feelings towards a product ultimately determines whether it is usable and functional. This experience involves most of our senses and goes far beyond visual aesthetics. […]

By |April 14th, 2016|General|

Types of Whole Life Assurance

This is a follow-up blog on the discussion about 'What is whole life assurance'. Today we are talking about two different kinds of whole life assurance in this blog, namely whole life limited premium assurance and deferred whole life assurance. Whole Life Limited Premium Assurance A whole life limited premium assurance policy can be a with-profit [...]

By |March 17th, 2016|General, Insurance general|