INTELLIGENT BANKING & FINANCE
Frost & Sullivan
recognises South Africa’s
Instant Life
Based on its recent analysis of the life
insurance industry, Frost & Sullivan
recognises Instant Life with the 2016
South Africa Frost & Sullivan Award for
Customer Value Leadership. Instant Life
is a low-cost, automated life insurance
model that addresses the growing need
for pure-risk life insurance.
It offers cover for life, medical gaps, and
funerals, as well as for people with work
disability, critical illnesses, and cancer.
Its paperless processes simplify claim
processing by assessing the risk of a
potential customer through an adaptive,
computer-generated questionnaire based
on applicants’ previous answers. As it is
an online process, Instant Life’s platform
is su