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Driving Insurance Growth requires insight and innovation in the African landscape!

Article source Growth in the insurance industry in Africa is exponential, not only due to the burgeoning middle class, but because expectations and needs of its people is constantly evolving. Since Covid, Africa is seen as a resilient market and investors always seek safe placements. Investments have continued and increased from across the globe. Unlocking insurance growth…

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OLEA Group expands and acquires two new subsidiaries – Mali and Uganda

On 6 October this year, OLEA opened a subsidiary in Mali and another in Uganda on 7 November. This increases our presence in both West and East Africa substantially. These new acquisitions demonstrate our commitment to the growth and development of the insurance industry on the African continent. Founded in 2017, OLEA is a Pan-African insurance broker operating in 25 …

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What sets Olea South Africa apart

What sets Olea South Africa apart Olea South Africa are mandated brokers, which means we are able to determine premiums and scope of cover aligned to your risk profile, ensuring you have the widest form of cover from leading insurance companies at an affordable cost. We have secured the top agencies and binder/claims settling authorities with most of the top short-term …

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Premium increases – the devil is in the detail

Caron Whitfield, Head of People Solutions, Olea South Africa unpacks the rationale behind premium increases and why South Africa’s volatility and vulnerability impacts increases. Olea’s personal insurance gives you comprehensive cover for your assets. Premium amounts have to be adjusted each year to take into account changes or increases in risk and inflation which is …

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Exploring new frontiers: Olea South Africa mines new business in Namibia!

From the 30-31 August 2023, Olea South Africa and our Namibian partner, Amanda Miller Insurance Brokers (AMIB), participated in the 10th Namibian Mining Indaba hosted by the Chamber of Mines. The Expo was opened by His Excellency, President Hage Geingob and included the Mining Conference, Supplier’s Platform and Business 2 Business networking for exhibitors. There were 15…

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Olea South Africa pays it forward

‘Philanthropy is not about the money. It’s about using whatever resources you have at your fingertips and applying them to improving the world’: Melinda Gates As part of Olea Group’s ethos, our core focus is being actively involved in community initiatives, including promoting awareness around these causes. RADA MiPad initiative On 17th August 2023, in celebration of …

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Vehicle Security – Latest Trends And What We Can Do To Protect Our Assets

Insurers can make use of telematics and vehicle tracking devices to analyse data and pinpoint high-risk vehicles which can even narrow it down to high-risk areas and specific hot spot areas. A telematics device is a highly intelligent computer consisting of a GPS tracking unit and various other on-board sensors, that work together to monitor and report on the overall …

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Unlocking The Secrets To Unwavering Investment Commitment

‘Invest for the long haul. Don’t get too greedy and don’t get too scared.’ Stay dedicated to the end goal – Specific, Measurable, Achievable, Relevant and Time bound (SMART) goals to unlock the quality of your investment. An investment can easily be seen as a burden, but our trade secret is if that investment is linked to a goal, time frame and within budget then you will …

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01 March 2023 - OLEA news update - Hot off the Press...

What are the criteria that indicates a company has achieved a good year? Is it financial performance? The level of customer satisfaction? The number of new customers acquired? Its market position? Team development? The number of projects completed? 2022 Reflections and looking ahead to 2023 What are the criteria that indicate a company has achieved a good year? Is it …

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Your guide to ensuring a smooth claims process

Submitting a claim can be stressful and admin intensive. Click here to access a simple checklist outlining the information typically required to ensure a smooth claims process…

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