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December 8, 2022
IFRS 17: What is it and How Can Insurers Become Compliant?
IFRS 17 is a new accounting standard that will come into effect in January 2023. This standard will have a significant impact on the way insurance companies operate and report their financial results. It is arguably the most complex IFRS issued to date. However, it is important to remember that the challenges inherent in insurance…
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Turnkey Africa
March 24, 2022
3 Key Business Drivers for African Insurance APIs Initiatives
Insurance APIs enable data flow into and across the insurance value chain opening up the industry to huge opportunities for new and innovative solutions We generally tend to get caught up in the hype around certain technology. But we forget what it is that that technology brings to the insurance industry in terms of capabilities.…
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Turnkey Africa
December 2, 2021
Insurance portals shift towards a cleaner, simpler design for enhanced CX
Insurance Portals shifting towards a cleaner, simpler ‘flat’ design for enhanced customer experiences and higher conversion rates From a portals perspective, user experience (UX) is one of the most powerful differentiators an insurer can possess. Offering the most compelling and relevant user experiences is a great way to set an insurer apart from its competition.…
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Turnkey Africa
October 5, 2021
Weblogic and Database Server Upgrade for Optimal Performance
The database administrators (DBAs) or system Engineer often argue that if it is not broken why fix it, and an upgrade risks breaking something on the system affecting uptime. Other times, I hear Client say that their Board has not approved updated version of Oracle in its software, or that database upgrades are too time-consuming.…
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Shiyayo
October 4, 2021
Digital Underwriting: The Shift from Risk Assessment to Protection
The underwriter role is evolving owing to expanded data sources and advances in technology. Changing customer expectations and the need for efficiency are transforming underwriting from simply the assessment and selection of risk to guiding wider business decisions and building stronger customer relationships. A 2015 services Benchmarking Study by Future Thinking revealed that insurance customers…
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Shiyayo
June 16, 2021
Introducing the New TURNKEYAFRICA.COM
Turnkey Africa Ltd is excited to announce the launch of our revamped corporate website! The new website has been designed with the ultimate user-experience in mind focusing on helping users quickly and easily navigate the site and locate valuable information on our products and services, insights, brand and people. The site features some new and…
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Shiyayo
July 5, 2015
Technology, is How We Win The Battle Against Insurance Fraud
Last year, the local media highlighted an insurance fraud case where a husband and wife combo decided to fake the husband’s death and the death certificate, then have the wife claim compensation from their insurer. Prior to this story, there had been a case involving 11 individuals who were arrested and arraigned in court, suspected…
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