Bidvest Insurance, a subsidiary of the Bidvest Group based in South Africa, is an authorised financial services provider in short-term insurance, specialising in personal and automotive value add insurance products. Bidvest Insurance is part of the Bidvest Financial Services division of the Bidvest Group.[1]
 | |
| Company type | Privately owned |
|---|---|
| Industry | Financial services, Insurance |
| Founded | 1997 |
| Headquarters | , South Africa |
Area served | Southern Africa |
Key people | Phillip Donnelly – managing director |
| Products | Short-term insurance
Personal and automotive value added insurance products Affinity solutions for partners |
Number of employees | 120 (July 2020) |
| Parent | Bidvest Group |
| Website | bidvestinsurance |
History
editThe company was founded in 1997 as part of McCarthy Motor Holdings known as McCarthy Insurance Services 2004 Bidvest Group bought McCarthy Motor Holdings and McCarthy Insurance Services then became Bidvest Insurance falling under the Bidvest Financial Services division.
Divisions
editBidvest Insurance comprises
- Affinity Channel
- Direct Channel
Affinity Channel
editThis division is a financial services provider holding a full short term insurance licence. Bidvest Insurance is a short term insurer licensed to underwrite accident & health, liability, motor, miscellaneous, property, and transport insurance.
Direct Channel
editHandre Pollard's R2 million insurance
editIn 2015 Springbok flyhalf Handré Pollard’s kicking foot was insured by Bidvest Insurance for R2 million (ZAR) (US$230,000) during the Rugby World Cup.[2]
Regulatory membership
editBidvest Insurance is a member of the South African Insurance Association (SAIA) and a partner member of Southern African Travel Agents (ASATA).[3]
See also
editReferences
edit- ^ "Bidvest Financial Services". bidvestinsurancegroup.co.za. Archived from the original on 12 April 2016. Retrieved 31 March 2016.
- ^ "Pollard insures his leg – for R2 million!". sport24.co.za. Retrieved 30 March 2016.
- ^ "ASATA Membership – Bidvest Insurance". liv-asata.co.za. Archived from the original on 19 April 2016.