Bidvest Insurance
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Bidvest Insurance, a subsidiary of the
Bidvest Group The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company. History Bidvest was founded in 1988 by Brian Joffe and listed on the Johannesburg Stock Exchange in 1990. The B ...
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 The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company. History Bidvest was founded in 1988 by Brian Joffe and listed on the Johannesburg Stock Exchange in 1990. The B ...
.


History

The company was founded in 1997 as part of McCarthy Motor Holdings known as McCarthy Insurance Services 2004
Bidvest Group The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company. History Bidvest was founded in 1988 by Brian Joffe and listed on the Johannesburg Stock Exchange in 1990. The B ...
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 An accident is an unintended, normally unwanted event that was not directly caused by humans. The term ''accident'' implies that nobody should be blamed, but the event may have been caused by unrecognized or unaddressed risks. Most researche ...
& health, liability, motor, miscellaneous,
property Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, r ...
, and
transport Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land ( rail and road), water, cable, pipelin ...
insurance.


Direct Channel


Handre Pollard's R2 million insurance

In 2015 Springbok flyhalf
Handré Pollard Handré Pollard (born 11 March 1994) is a South African professional rugby union player who currently plays for the South Africa national team and Leicester Tigers in England's Premiership Rugby. His regular playing positions are fly-half, wher ...
’s kicking foot was insured by Bidvest Insurance for R2 million ( ZAR) (US$230,000) during the
Rugby World Cup The Rugby World Cup is a men's rugby union tournament contested every four years between the top international teams. The tournament is administered by World Rugby, the sport's international governing body. The winners are awarded the Webb E ...
.


Regulatory membership

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


See also

*
Economy of South Africa The Economy of South Africa is the third largest in Africa and the most industrialized, technologically advanced, and diversified economy in Africa overall. South Africa is an upper-middle-income economy, one of only eight such countries in Africa ...


References

{{Reflist Insurance companies of South Africa Companies based in Durban Financial services companies established in 1997 1997 establishments in South Africa