World Finance magazine Names Hollard the Best Insurance Company in South Africa in 2011.
According to a leading London magazine, Hollard is the best South African insurance company. World Finance Magazine awarded Hollard the 2011 World Finance Insurance Company of the Year Award for South Africa because of their innovation, originality, and quality. They also acknowledged Hollard insurance for their investment in market development and their formation of customer relationships.
Hollard is South Africa’s largest privately owned insurance company. Receiving the award for best insurance company in South Africa is a sign that they’re making an impression on a global scale. According to Hollard CEO, Nic Kohler, the company’s goal as a global insurer is to deliver first-rate customer service and innovative insurance solutions.
One such solution is Hollard’s Pay-As-You-Drive insurance. Unlike other direct short-term insurers’ risk analysis, the pay-as-you-drive premiums are based on mileage. Instead of assuming risk, Hollard allows users to indcate how many kilometres they spend on the road. They then calculate their risk, and thus premiums, based on said mileage. The Pay-As-You-Drive insurance product is an industry first, an indication of Hollard’s originality and innovation.
How London Magazine Chooses the Best Insurance Company in South Africa
An independent panel of judges appointed by World Finance Magazine evaluates the nominees who are then shortlisted. The magazine’s readership nomnates insurance companies using an online voting system. Once companies have been nominated, the panel of judges researches them, then they select winners.
Hollard provides insurance coverage to individuals and businesses around the world and is not limited to just South Africa. The award is evidence that the company is getting closer to achieving its goal as a leading global insurer.
Hollard’s range of innovative insurance solutions is not limited to short-term insurance. In fact, they are renowned for their funeral cover. Hollard provides temporary or permanent disability cover. You can get accident cover frm them that covers you if you are unable to work as a result of a tragedy. Hollard deals directly with the public and also works through insurance brokers.
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