Disruption in the world of Insurance is the buzzword of the day in the industry. In a move poised to shake up the South African mass-market life insurance landscape, the Hollard Group makes a significant strategic investment in South African based insurtech, Simply Financial Services. Simply, a registered FSP and insurance software developer, was founded in 2016 by entrepreneurs Anthony Miller and actuary Simon Nicholson.
Simply turns that model on its head by offering customers combinations of benefits – such as life, disability and funeral cover – and getting employers to pay the premiums where possible. Miller believes that having the backing of South Africa’s largest privately owned insurer will help enable the business export its model to to other markets.ITNewsAfrica.com is an African Technology Advisory Ltd. publication. We provide unparalleled insight into enterprise IT trends, innovation and technology in Africa to the most discerning professionals, entrepreneurs, investors and IT decision-makers.
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