Hollard Insurance stakes a claim as the largest private insurance
company in South Africa, and while it`s difficult to completely verify, this is
certainly possible, given that most of the others are listed on the stock
exchange, or owned by large corporates. The company has been trading since 1981,
and has offices in Mozambique, Ghana, Namibia, Botswana, the UK, India, Pakistan
Hollard Insurance is a short-term and life insurance company. The
company also invests in other insurance companies. It has garnered several
recent awards, such as all 3 of the South African Financial Services
Intermediaries Association (SAFSIA) top awards: Best Personal Lines Insurer,
Best Corporate Insurer and Best Commercial Insurer. Talk about a clean sweep!
The operating model is to work through brokers and underwriting managers, to
provide a managed service to clients. The company also acts as insurance
management consultants to short-term insurance brokers, through the Hollard
Select Brokers division. It offers a wide range of insurance products. In the
first place, there is motor and household insurance, in partnership with major
banks and motor dealers. You can insure motor vehicles, all personal
possessions, and all financial debts, including hire purchase, personal loans
and overdrafts. These packages can be tailored to fit your specific needs.
Secondly, Hollard offers commercial insurance for medium to large companies,
also covering things like contract works and engineering insurance, and
providing structured risk solutions if you prefer that to normal insurance.
There are group benefits packages, offering tailored strategies rather than
In addition to these offerings there are retailer solutions and financial
services like wealth management. Retailer solutions allow retailers to add
insurance offerings to their revenue streams, and thus to expand their brand
reach into this industry.
Hollard also makes a social contribution through the Hollard Community
Development Trust, in the areas of education, job creation, rural and informal
community development, HIV/AIDS and staff volunteerism.
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|2015/04/07 10:46:10 AM|