Recently we held our annual Benchmark Symposium, where Sanlam Employee Benefits (SEB) explored the concept of financial resilience – the ability of individuals and corporates to withstand the financial impact of a downturn in the economy.
Michele Jennings, Chief Executive Officer of SEB: Group Risk, in her presentation posed the question whether the group risk industry inadvertently avoided early warning signs relating to the sustainability of group disability insurance. She further raised some concerns about the impact of income tax legislation changes, which have resulted in deteriorating disability experience since 2015.
Click here to read the full article by Michele on “Climate change in the Group Risk industry”.
For the full report on the findings from our 2019 research survey, please visit our website at Sanlam Benchmark Survey.