Season 2020

Season 6 – Episode 7 – Debarment issues (Sponsored by the FSCA)

• The FSCA received a complaint from a customer that ‘Insurance Apprentice Brokers’ have contravened the binder, outsourcing commission regulations as well as the Policyholder Protection Rules (PPRs). Notified of the intention of the Conduct Authority to issue a debarment order, the key individual (apprentice) is required to attend a meeting with the FSCA to discuss the findings. Read more about the task…

Season 6 – Episode 6 – Risk survey report (Sponsored by Emerald Africa)

Task six sees the apprentices put out some serious fires as they delve into a firewalk and demonstration at the Fire Protection Association of Southern Africa (FPASA). They were tasked to read through a risk survey report provided by Emerald Africa, assess the risk and the adverse risk exposures stated in the report, in comparison with the Risk Best Practice document, and produce a list of Risk Improvement Recommendations that should be presented to the broker and the insured (the panel of judges). Read more about the task…

Season 6 – Episode 4 – Company relevance (Sponsored by Sasria)

In the fourth episode the apprentices had to conduct a social risk assessment. Socio-economic reasons, driven by the current political climate, lead to violent protests as well as the destruction of property. The apprentices were tasked with conducting research about De Doorns in the Western Cape and Alexandra township in Johannesburg to find out what are the drivers of violent protests, possible solutions and key opportunities to support the communities in order to effect a decrease in Sasria’s risk exposure and mitigation of further claims.

Season 6 – Episode 3 – Cyber risk management (Sponsored by Innovation Group)

The industry has shown that it is resilient, future thinking and ready to take on change. But the industry may face its biggest change yet, and it is not legislative, it’s generational. In the third episode the apprentices are assigned with task three, based on improving product profitability and market share in light of generational change. Read more about the task…

Season 6 – Episode 1 – Insurance career opportunities (sponsored by Inseta)

When we were in school, advancing through subjects, we often had questions of relevance of the content we studied in certain subjects to our future careers. This link is not always obvious. In episode one of The Insurance Apprentice 2020 the apprentices had the opportunity to influence grade 11 learners at Westbury Secondary School in Johannesburg. This year the apprentices imparted skills and knowledge to a selected group of teachers and students, highlighting the importance of specific subjects to insurance and its various careers. Read more about the task…