The first episode of The Insurance Apprentice 2019 sees the apprentices head to the first boardroom session of The Insurance Apprentice 2019. The first task challenged the candidates to conduct a customer needs analysis that would identify gaps in the current corporate portfolio, with the aim of achieving profit, growth...
Season 5 - 2019
Season 5 – Episode 2 – Risk assessment 101 (Sponsored by Emerald Africa)
In task three the apprentices have been called to a meeting with the CEO and Risk/Insurance Manager of their broker firm’s client. The client had a ransomware attack and wants to know why he was not covered, and what to do now. The apprentices had to advise the client on...
Season 5 – Episode 3 – Cyber risk management (Sponsored by Marsh Africa)
In task three the apprentices have been called to a meeting with the CEO and Risk/Insurance Manager of their broker firm’s client. The client had a ransomware attack and wants to know why he was not covered, and what to do now. The apprentices had to advise the client on...
Season 5 – Episode 4 – Company relevance (Sponsored by Sasria)
In episode four the apprentices had to come up with some innovative ideas to ensure the sustainability of the Sasria business model. They were tasked to consider the financial viability, premium growth, business retention, marketing, distribution, reinsurance and investment options and had to keep Sasria’s relevance to the insurance industry...
Season 5 – Episode 5 – Product development (Sponsored by Innovation Group)
In episode five the innovative side of the apprentices is tested. Traditional vehicle models are changing, this means less mechanical components and more electrical components requiring specialized technical skills for repairs. In their teams, the apprentices are challenged to develop and price a warranty product for electrical vehicles.
Season 5 – Episode 6 – Addressing critical skills (Sponsored by Inseta)
In episode six the apprentices had the opportunity to influence a mix of grade 11 and 12 learners at Florida Park High School. The apprentices were tasked with sharing some detail around two of the scarce and critical occupations in the insurance industry, namely an insurance broker and an underwriter...
Season 5 – Episode 7 – Premium collections (Sponsored by the FSCA)
The apprentices were asked to act as employees of the FSCA, tasked with looking at the future of premium collections, and what needs to change around premium collection in the interests of the industry, the consumers and the institutions.
Season 5 – Episode 8 – Announcing the winner (Sponsored by Chubb and GIFS)
In episode eight the winner of The Insurance Apprentice 2019 is announced.