Taking care of financial wellbeing with comprehensive financial solutions
Synopsis: Discover how our new Life and Wealth Solutions provide comprehensive financial security for individuals, businesses and employees. From personalised planning to corporate benefits and cross-border expertise, explore tailor made integrated solutions. Our offerings are designed to provide unparalleled financial security and peace of mind for you, your family and …
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Safeguarding trust, lives and reputation: The importance of Medical Malpractice Insurance and Risk Management in healthcare
Synopsis: Medical malpractice claims are increasingly prevalent within the healthcare environment, significantly affecting practitioners, healthcare facilities and associated medical professionals. Medical malpractice insurance covers healthcare professionals, institutions and facilities from legal and financial burdens, ensuring their practice remains secure and …
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Ransomware: The cyber threat that locks you out and holds you hostage!
Synopsis: Ransomware cripples businesses by locking critical data and demanding payment, causing financial loss, reputational harm and business disruption. Ransomware has become a powerful weapon in the arsenal of cybercriminals, designed to encrypt and restrict access to an organisation’s critical data. Once access is blocked, hackers demand ransom payments - usually in …
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OLEA News
OLEA Expands African presence with acquisitions of Marsh Uganda and Marsh Botswana OLEA Group is delighted to announce that it has reached an agreement to acquire Marsh Uganda and Marsh Botswana, subject to approval by local authorities in both countries. This strategic move builds on a successful five-year collaboration between the two companies and further solidifies …
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Business insights and updates: Navigating opportunities and risks in KZN
Synopsis: KwaZulu-Natal (KZN) stands out as an essential economic hub, presenting a mix of opportunities and challenges for businesses. From growing investments in logistics and infrastructure, to evolving risks like cyber threats and security concerns, the region continues to shape dynamic market trends. Here’s a closer look at how KZN is navigating these changes and what…
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RADA MiPad initiative
"At the end of the day, it’s not about what you have or even what you’ve accomplished…it’s about who you’ve lifted up, who you’ve made better. It’s about what you’ve given back." – Denzel Washington These words serve as inspiration as OLEA South Africa kicked off its community involvement project as a proud sponsor and partner of the RADA MiPad initiative for the second …
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Explosive growth in kidnap for ransom in South Africa
When The South African Police Service (SAPS) reports 51 cases of kidnapping for ransom in three months in South Africa, it has become a catastrophic problem. The South African Police Service (SAPS) reported a shocking 4 577 cases of kidnapping for ransom during the 3rd quarter of 2023. There are only 6 countries in the world that have higher kidnapping and ransom …
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Is your current insurance structured in the most cost-efficient way?
In an economic climate that demands strict financial and cost control, finding ways to save on your short-term insurance premiums should be the focus of every insured. Steve Cornelius, senior consultant, logistics and transportation at OLEA South Africa, addresses ways in which a transporter can take the existing conventional motor policy and, by using alternative …
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Driving Insurance Growth requires insight and innovation in the African landscape!
Article source Growth in the insurance industry in Africa is exponential, not only due to the burgeoning middle class, but because expectations and needs of its people is constantly evolving. Since Covid, Africa is seen as a resilient market and investors always seek safe placements. Investments have continued and increased from across the globe. Unlocking insurance growth…
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OLEA Group expands and acquires two new subsidiaries – Mali and Uganda
On 6 October this year, OLEA opened a subsidiary in Mali and another in Uganda on 7 November. This increases our presence in both West and East Africa substantially. These new acquisitions demonstrate our commitment to the growth and development of the insurance industry on the African continent. Founded in 2017, OLEA is a Pan-African insurance broker operating in 25 …
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