Clients will benefit from Olea’s Unique Selling Point as the only Pan African broking business in South Africa, with an extensive footprint operating in North, West, Central, East and Southern Africa .
The team offers innovation and advice to clients who are increasingly sensitive to the proper management of their risks on the African continent. ‘Olea South Africa is a viable alternative to the traditional corporate insurance brokers in Africa through our extensive network, led by owner-managed businesses, which brings a different culture and client engagement,’ says Hood.‘Customers wanting to go into Sub-Saharan Africa still access South Africa’s insurance capacity,’ explains Hood.
Vincent de Charnacé, Olea CEO East and Southern Africa, says, ‘Having boots on the ground is imperative in Africa where insurance regulations are country specific.’ ‘We are committed to upholding FIA’s constitution and respecting its Code of Conduct. In addition, the company belongs to the French South African Chamber of Commerce.’
The growth of the insurance industry in Africa is exponential, not only due to a burgeoning middle class, but because expectations have changed.
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