Meet IndieFin's Peter Castleden - Sanlam-backed actuary whose team is disrupting life assurance

Loading player...
Ever since Steve Jobs put his Apple Mac pirates into a separate part of the building, complete with a Jolly Roger and a different dress code, corporates have seen the value in hiving off their new product teams.

In SA, the best example of this approach is life assurance group Sanlam, which has a policy of investing into innovative businesses, for example Brightrock and EasyEquities, and internally by hiving off it’s own disruptors, like IndieFin, which is the subject of this discussion.

As you’ll hear, it’s a very different approach to the process of financial product development. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Jul 2018 5AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
29 Jun 12AM 15 min

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min