RADA MiPad initiative
"At the end of the day, it’s not about what you have or even what you’ve accomplished…it’s about who you’ve lifted up, who you’ve made better. It’s about what you’ve given back." – Denzel Washington These words serve as inspiration as Olea South Africa kicked off its community involvement project as a proud sponsor and partner of the RADA MiPad initiative for the second …
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Explosive growth in kidnap for ransom in South Africa
When The South African Police Service (SAPS) reports 51 cases of kidnapping for ransom in three months in South Africa, it has become a catastrophic problem. The South African Police Service (SAPS) reported a shocking 4 577 cases of kidnapping for ransom during the 3rd quarter of 2023. There are only 6 countries in the world that have higher kidnapping and ransom …
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Is your current insurance structured in the most cost-efficient way?
In an economic climate that demands strict financial and cost control, finding ways to save on your short-term insurance premiums should be the focus of every insured. Steve Cornelius, senior consultant, logistics and transportation at Olea South Africa, addresses ways in which a transporter can take the existing conventional motor policy and, by using alternative …
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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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