June 11, 2018 – Insurance24

11Jun

First Mutual Holdings Limited after tax profit jumps 35% to $5 mln in 5 months to May 2018

11 Jun 2018 Insurance24

First Mutual Holdings Limited after tax profit jumps 35% to $5 mln in 5 months to May 2018

By Insurance24

HARARE, First Mutual Holdings (FMHL) after tax profit for the 5 months to May 2018 grew 35% to $5 mln compared to $3.7 mln same period last year largely as a result of increased revenues and a low growth rate of expenses.

Chief executive officer Doug Hoto in a brief update at the company’s annual

11Jun

Policy administration in the cloud….AXA taps SecurityScorecard as ‘pioneering partner’ for cyber success

11 Jun 2018 Insurance24

Policy administration in the cloud

Compiled by Insurance24

HARARE, The move towards the cloud has seen insurers rethink their approach to not only solution development but also policy administration. Increasingly, ‘as a service’ is becoming pervasive in the industry. Claudette Steynberg, product manager at SilverBridge, takes a closer look.

“Despite initial scepticism around the benefits (and longevity) of the cloud, insurers