In this What\u2019s Next with Aki Anastasiou interview, Michael Otten discusses Oneplan\u2019s position in the South African insurance market and the key trends in the industry worth keeping an eye on.<\/p>\n\n\n\n
Otten is the CEO of Oneplan and is a veteran in the insurance industry, having served in this role for over 15 years.<\/p>\n\n\n\n
Along with working as the CEO of Oneplan Insurance for a decade and a half, Otten also serves as the Managing Director for Oneplan Health Insurance.<\/p>\n\n\n\n
He has held this role since 2009, and was also instrumental in developing Onecard, a revolutionary service that offers unique and innovative solutions tailored for emerging markets.<\/p>\n\n\n\n
Otten first entered the industry in 2005 as a Director at Hunta Properties, a role he has also retained to this day.<\/p>\n\n\n\n
He is a strong advocate for bringing effective solutions to Oneplan customers and has played a key role in Oneplan\u2019s success in South Africa.<\/p>\n\n\n\n
Otten holds a Bachelor of Commerce, specialising in Finance, from the Rand Afrikaans University (RAU).<\/p>\n\n\n\n
In this What\u2019s Next interview, Otten discusses how the insurance industry has changed since he became Oneplan\u2019s CEO in 2010.<\/p>\n\n\n\n
Otten explains how Oneplan has refined its offerings accordingly to differentiate itself from the competition.<\/p>\n\n\n\n
He shares which Oneplan products have seen the biggest growth in recent times, before explaining the difference between Medical Aid, Health Insurance, and Gap Cover \u2014 noting why a South African might pick each.<\/p>\n\n\n\n
Otten also touches on how most South Africans see insurance as a grudge purchase and the measures Oneplan is taking to alter this perception.<\/p>\n\n\n\n
He concludes the interview by outlining the big trends and innovations he\u2019s watching in the insurance industry.<\/p>\n\n\n\n
Watch the interview with Michael Otten below.<\/p>\n\n\n\n