18 MEA MARKETS / Q4 2021 , Jul21291 Indwe Risk Services (Pty) Ltd is a leading personal, business and specialist risk and insurance advisory business and has an expert teamwhich provides insurance solutions that are as unique as its client-base.We find outmore about the company and its ethos as we speak to CEO, Peter Olyott. Best Independent Insurance Broker 2021 – South Africa With roots established in 1903, Indwe Risk Services (Pty) Ltd is today one of South Africa’s largest independent brokers offering personal, business, and specialist risk and insurance advisory services. Indwe first came into existence in 2006 as the product of a merger between Thebe Risk Services and Prestasi Brokers, both of which had a formidable history in the insurance industry. Serving a range of clientele, including small to medium businesses, large businesses and specialist service businesses such as state-owned enterprises, Indwe’s insurance packages are underwritten by South Africa’s major insurers, covering the entire spectrum of a client’s short-term insurance needs. With core values centred around innovation, nurture, being driven, willingness, and being eager, Indwe is committed to providing tailormade affordable cover to suit all individual, corporate, commercial, and industrial insurance requirements. “We do not sell ‘off-the-shelf’ insurance solutions,” explains Chief Executive Officer, Peter Olyott. “We find cost-effective solutions tailored to your riskrelated needs and procure the most competitive terms to meet these needs.” Indwe takes pride in being proactive and innovative to keep clients ahead of the curve. It does this by staying abreast of new legislation and technology, as well as social and political changes, so that the firm is able to help its clients adapt their insurance to the constantly shifting business environment. “With a century of experience as an insurance expert, we are the perfect partner to advise you on the best products and services available through South Africa’s leading insurance companies, and how these can be tailored to your specific requirements,” Peter adds. “With us, you will always have someone to give you advice and assistance.” The company’s key areas of differentiation lie in its approach to risk, whether it be for individuals or for businesses. Insurance is but one of the financial solutions to deal with the consequences of losses arising from risk. Indwe adopts a holistic approach towards effective management and treatment with the objective being to optimise the cost of risk whilst mitigating the consequences, financial and otherwise , efficiently. “Indwe provides the kind of professional advice that allows you to sleep at night,” elaborates Peter. “You can rest safe in the knowledge that a team of experts is constantly keeping watch over your insured personal and business assets, proactively identifying and assessing the ever evolving risk landscape and providing appropriate cover and solutions .” Another strength of Indwe’s is its staff-base and it is competitive in terms of its insurance and risk knowledge, expertise and experience. “We care about our clients and their businesses,” Peter enthuses, going on to explain that the firm’s South African culture and heritage allows it to easily adopt the “Ubuntu” approach to business. “We will not pursue business goals at the cost of our honesty and integrity. Sustainable longterm business relationships are our preferred way of engaging with our clients.” Employing some of the most experienced and respected brokers in the market, Indwe’s areas of expertise range from pioneering solutions in personal lines insurance and innovation in commercial insurance solutions, to creative and effective problem solving for the larger and more complex businesses. All of the company’s employees are expected to be FAIS compliant as a minimum requirement and are actively encouraged to pursue world-leading insurance and business skills, by way of formal and informal education as well as training programmes. “Our intention is to have the most proficient insurance workforce in the industry. This is based on the understanding that in order to remain relevant and in a position to add value to our clients, we need to have an in-depth knowledge of our products , services and subject matters , together with a sound appreciation of the world around us,” Peter shares. Recently, Indwe was rewarded for its hard work and devotion to its clients by being recognised in the SME News African Excellence Awards, for which it was given the title of Best Independent Insurance Broker 2021 – South Africa. In the wake of being rewarded with this impressive accolade, Peter fills us in on Indwe’s ambitious plans for the future, including the potential expansion of business via its international partners and the Allied Africa Broker Network. “We are, via our partnerships, able to offer the full spectrum of non-life and life insurance products and services across Africa.” He summarises, “With Indwe you will always have someone to give you advice and to act on your behalf. Supported by international expertise, linkages, years of experience in handling both multimillion-rand claims and high volumes of smaller claims, you can depend on seamless service when you need it most.” Contact: Peter Olyott Company: Indwe Risk Services (Pty) Ltd Web Address: www.indwe.co.za Indwe Risk Services (Pty) Ltd is an authorised FSP 3425
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