We also cover the South African market with our analysis. In South Africa, coverage extends beyond the insurance industry to wealth management and pensions. We have two products in the South African market:
- SA Financial Services Intermediary Monitor
- SA Financial Services Provider Directory
The first tracks Representatives across all FSPs in the market, according to their product licence: headcount, retention, poaching, and several other measures such as “Under Supervision %s”. The second, the Directory, is more a business development resource for service providers and product manufacturers seeking details on third party distributors (brokers and financial planners).
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This table shows the scope of coverage for South Africa: products, channels, and industries.
|SCOPE OF COVERAGE BY COUNTRY|
|See below table for abbreviations|
|South Africa||Now||LI / GI / P / WM||TA/MA/Banc/FP||Hc, Rt, Ex, Rc, Sw, Pr|
LI = Life insurance
GI = General insurance
P = Pensions
WM = Wealth Management/Asset Management
TA = Tied Agents
MA = Multi Agents
FP = Financial Planners
Banc = Bancassurance salespeople
Hc = Headcount
Rt = Retention rates
Rc = Recruitment rates
Sw = Switching (between companies) rates
Ex = Experience level profiles
Pr = Product authorisations (of intermediaries)
Ge = State/province level detail