
glu declares first member profit share after launch year
The R1.78m payout reflects both underlying performance and a founding-member booster designed to accelerate early value.

The R1.78m payout reflects both underlying performance and a founding-member booster designed to accelerate early value.

Momentum Insure’s chief actuary, Rudolf Britz, urges advisers to guide clients through an annual insurance review in January – a simple yet powerful step to protect goals, reduce worry, and enable financial growth.

As South Africans turn to Airbnb, house swaps, and car rentals to cut costs, many discover personal policies don’t automatically respond.

It says the new business division, called glu, provide members with straightforward insurance solutions and profit-sharing.

Naked will use the largest African insurtech investment to date to scale its AI-driven insurance platform and expand its product range.

CEO Michele Jennings says glu targets a wider audience with straightforward products and digital innovation.