Business Talk – Liberty’s Amun Maharaj on the importance of quality insurance underwriting
In this Business Talk with Michael Avery interview, Amun Maharaj discusses how quality underwriting can have a meaningful impact on the broader economy.
Maharaj is the Divisional Executive: Onboarding at Liberty and brings to his job over 25 years of experience in the life insurance industry.
He has previously worked in jobs at Liberty such as the Head of National Underwriting, Head of Coastal Underwriting, and Underwriting Manager.
In his current role, Maharaj uses his extensive expertise to oversee onboarding operations, support underwriting excellence, and enhance the experience of clients and financial advisors.
Before joining Liberty, he also worked at Hollard Life, Nedgroup Life, and Invesco Financial Brokers.
The interview
In this Business Talk interview, Maharaj discusses the role high-quality underwriting has on the state of South Africa’s economy.
He talks about the rise of faster and more convenient insurance solutions, cautioning that convenience must not come at the expense of responsible underwriting and risk management.
Maharaj explains why full underwriting increases trust between insurers and policyholders, and how it can contribute to closing the insurance protection gap.
He then unpacks how technological innovation is exciting but must be balanced with sound underwriting for optimal results.
Maharaj concludes the discussion by summarizing the role underwriting must play to ensure insurance remains a significant driver of economic resilience.
Watch the full interview below.
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