Liberty Life Embraces Emerging Technologies
Monday, October 16, 2017
This became evident during its sixth annual insurance business breakfast seminar held in Gaborone last week under the theme, ‘Digital Disruption and the Impact of Technology on Insurance Underwriting’.
The life insurer’s managing director, Lulu Rasebotsa defined insurtech, a portmanteau of ‘insurance’ and ‘technology’, as a term applied to the many segments of new technology that are disrupting the insurance space.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...