Finalists announced at the 2017 FIA Awards

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The finalists for the 2017 FIA Awards have been confirmed and the winners will be announced 8 June at the Sandton Convention Centre in Johannesburg. The 2017 FIA Awards finalists emerged after an extensive survey of the FIA’s membership, conducted by South Africa’s largest independent research firm, Ask Afrika.

Now in its 19th year, the annual event provides an opportunity to reflect on the value of good financial advice in achieving the industry’s overarching goals of consumer protection, financial inclusion and transformation.

“Our challenge to Ask Afrika was to reconceptualise and reinvigorate the awards process without straying too far from a selection process that has been fine-tuned over 19 years,” says Lizelle van der Merwe, CEO of the Financial Intermediaries Association of Southern Africa (FIA).

“Although product suppliers walk away with the accolades, the awards are also a celebration of the value that financial advisers, insurance brokers and other financial advice professionals bring to the industry,” adds Van der Merwe.

Special care was taken to match the ‘old’ and ‘new’ methodologies to ensure that the results accurately reflect FIA member brokers’ experience of product suppliers in so far as product quality, service quality, relationship quality and overall satisfaction. More than 8 000 contracts were rated by FIA members in the process, explains Sarina de Beer, managing director at Ask Afrika.

The 2017 survey process was improved with the introduction of a more robust diagnostic questionnaire to gain further insight into key issues facing FIA members and the wider intermediated distribution environment.

The finalists of the 2017 FIA Awards, listed alphabetically under each of 10 awards categories, are:

Short-term insurance

Short Term Insurer of the Year – Personal Lines

Auto & General, Hollard, Momentum, Renasa and Santam

Short Term Insurer of the Year – Commercial

Auto & General, Guardrisk, Hollard, Renasa and Santam

Short Term Insurer of the Year – Corporate

Bryte, Hollard and Santam

Underwriting Manager of the Year

CIA, KEU, Leppard and Paladin

Life and investments

Long Term Insurer of the Year – Risk

Hollard Life, Momentum and PPS

Product Supplier of the Year – Investment Product Lump Sum

Allan Gray, Liberty and Sanlam Glacier

Product Supplier of the Year – Investment Product Savings

Allan Gray, Old Mutual Wealth and Sanlam Glacier

Employee benefits

Product Supplier of the Year – Employee Benefits

Liberty Corporate, Momentum EB and Sanlam EB

Healthcare

Product Supplier of the Year – Healthcare

Discovery Health, Fedhealth and Momentum

Product Supplier of the Year – Health Insurance

Sirago and Stratum Benefits

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