Insurance Industry

Organisations operating in the insurance industry are faced with working in an environment that is rapidly changing and increasing in its complexity. New market entrants, changing customer preferences and market erosion across product lines demand creative approaches to product development, and a willingness to keep up with the rapid changes in technology.
 The continuing impact of major losses, sourcing and managing capital effectively, regulatory changes, risk management and the ever-present need to enhance shareholder value are also having an impact on the global insurance industry. Many insurers are looking beyond traditional markets and distribution channels for opportunities.
 
We are ideally placed to meet these demands. We have the largest specialist financial services practice in Southern Africa, managed by a multidisciplinary team of auditors, advisers and tax professionals.

Our strategy is to bring significant business advantage to our clients through combining our global multidisciplinary teams, integrated across-industry sectors, geographies and functional skills.
 
Our Insurance practice presented research on the local insurance market in 2004, 2006, 2008 and 2010 which complements our substantial international research projects. Refer to our ‘of further interest’ section to view industry specific PricewaterhouseCoopers publications.