MEA July 2017

10 MEA MARKETS / July 2017 , Africans at all levels within our business. We’re proud of our track record and remain committed to ensuring that we constantly provide an environment in which diversity is embraced. “Our transformation philosophy concerns our vision is to develop a supplier network that meets BEE requirements, as we strongly support these initiatives. When we look at suppliers for long-term partnerships, BEE is one of the key factors we consider. “Our current BEE rating is at level five in 2008, so we have successfully achieved our target of 50% Broad-Based Black Economic Empowerment (BBBEE) procurement spend and we’re well on the way to meeting our 70% target by 2014. We feel it’s essential for us to report on the BEE status of all our suppliers. We acquire BEE ratings through a certificate provided by a South African National Accreditation System (SANAS) approved verification agency. We’ve secured discounted rates for Hollard select suppliers, partners and brokers with Honeycomb, a SANAS accredited verification agency.” Partnership philosophy The firm’s undoubted success has been built on the concepts of partnership, people and innovation. Of these, Hollard’s approach to partnership is probably the thing that differentiates them most as an insurance company Thabiso tells us. “At Hollard, partnership means an engagement built on what we call the ‘win-win-win’ – we won’t enter a partnership unless Hollard, our partner and the insurance-buying customer are all able to win. The second unique aspect of our approach recognises that partnership is about being together through the rough and the smooth. Because we’re privately owned, we’re able to take a longer-term view of opportunities and this helps us deal with the trials and tribulations that will inevitably characterise any partnership. We’re very proud to still have partners that have been with us since we became an insurance company in 1980. “Another thing that distinguishes our partnership approach is our willingness to partner with a large variety of different entities. From financial institutions to some of South Africa’s largest retailers, from traditional insurance intermediaries to soccer clubs, we’ve partnered wherever we can create a better value proposition for all players in the insurance value chain. “The real reason we partner is because we know that our partners know things that we don’t and that we know things they don’t. By combining our efforts, we’re able to make one plus one equal three for our consumers.” Of the firm’s many products, Thabiso would like to underline just one of them, life insurance as a fitting example of what they can do for you. “From school fees and groceries to home loans and car payments, life cover is all about making sure your dependents can afford the life you always planned for them, even if you’re no longer around. Hollard’s Life cover will insure you for up to R1.2 million, without you having to do any medical tests. We’ve made the application process quick and easy. Simply fill in a call me back and one of our agents will get back to you, or get a quote and buy online. “Some have the pleasure of waking up to a view of the beach every day, and some happen to just drive past on occasion. Whether you think your life is perfect or perfectly imperfect, we’ll find many reasons to cover you and give you 20% of your premiums back after five years, as cashback paid into your bank account. You can spend this as you wish and maybe even take a perfect little holiday to the beach. “Our life cover and death income benefits are great by themselves but they also work well together: The lump sum from your life cover will help your loved ones with the immediate expenses that follow your death, like settling debts or paying off a mortgage. Death income pays monthly which means that they’ll continue to be taken care of in the months or even years after you’re gone.” Thabiso is keen to explain what the firm’s critical illness cover entails. They don’t joke about how life-changing getting a critical illness can be, more of which is outlined to us in closing. “That’s why you need serious insurance that covers any lifestyle changes you need to make, as well as any extra costs your medical aid won’t pay for. “Living through a serious illness isn’t only hard on you – it’s also hard on your loved ones. Our advice would be to get critical illness cover that pays out a lump sum that you can use any way you choose: whether it’s employing a nurse so your family can take a break, or covering extra treatment your medical aid won’t pay for. “We also offer comprehensive cancer cover that encompasses a range of cancers, from stage 0 to stage 4. If cancer is in your future, with Hollard the only thing you need to worry about is your return to health. Get the finances taken care of, so you and your family can take care of each other. Find out more about our cancer cover here.” For more information on the wide array of products the firm offers, please visit: www.hollard.co.za/ all-products to find out more.