Bidvest Insurance

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]

Bidvest Insurance
TypePrivately owned
IndustryFinancial services, Insurance
Founded1997
Headquarters
Umhlanga, KwaZulu-Natal
,
South Africa
Area served
Southern Africa
Key people
Phillip Donnelly – managing director
ProductsShort-term insurance

Personal and automotive value added insurance products

Affinity solutions for partners
Number of employees
120 (July 2020)
ParentBidvest Group
Websitebidvestinsurance.co.za

History

The 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

Bidvest Insurance comprises

  • Affinity Channel
  • Direct Channel

Affinity Channel

This 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.

Handre Pollard's R2 million insurance

In 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

Bidvest Insurance is a member of the South African Insurance Association (SAIA) and a partner member of Southern African Travel Agents (ASATA).[3]

See also

References
  1. "Bidvest Financial Services". bidvestinsurancegroup.co.za. Archived from the original on 12 April 2016. Retrieved 31 March 2016.
  2. "Pollard insures his leg – for R2 million!". sport24.co.za. Retrieved 30 March 2016.
  3. "ASATA Membership – Bidvest Insurance". liv-asata.co.za. Archived from the original on 19 April 2016.
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