firstEquity Insurance Group

About Us

We are a Lloyds of London Overseas Market Correspondent, maintain agencies with all preferred insurers, and place business for and through most brokers in major centres like London. As a trusted partner, we also provide services to insurers themselves

What's in it for you

Think ‘professional services’ rather than ‘old school broking house’. Strong and correctly skilled people, a tech-adopting culture, and a tightly managed back-office. For our clients, that delivers innovative risk solutions, fresh ideas, and efficiency.

Volume:
Annual premium volume now exceeds USD 100 million (R1.5 billion), and we purchase professional indemnity cover of USD 35 million (R500 million)

Footprint:
We are now licensed as a Financial Service Provider in South Africa, Namibia, Botswana, Zimbabwe, Zambia, Mauritius, Seychelles, and Mozambique

Focus:
We have a 100% African shareholding

Clients:
Now cover over 20 000 clients with a combined 25 000 policies

Scope of Services

Tailored insurance risk management processes and plans to cover your needs
Policy Design
  • Building knowledge of your company’s business through research, site surveys and inspections
  • Working with your company’s key team members to understand the risk management processes and risks transfer philosophy
  • Designing insurance plans to cover all your requirements
Policy auditing and review for uninsured risks or requirements and adequacy
Auditing & Review
  • Policy auditing, review of your current policy wordings, identifying any uninsured risk
  • Reviewing the security provided by your insurers to maintain adequacy
  • Reviewing contractual documents in relation to insurance requirements
Liaising with insurers to set up policies timeously and in proper form
Insurer Liaison
  • Issuing formal instructions to insurers to trigger the setting up of your policies
  • Ensuring relevant documents are issued by insurers in due time and in proper form
  • Premium invoicing and follow up of premium accounts
Claims handling from preparation to submission and negotiation till settlement
Advisory Services
  • Technical assistance on your claims, including handling, preparation, submission, negotiation up to final settlement
  • Providing continuous assistance, monitoring and management of all your insurance related matters
firstEquity Insurance Group