15 June 2011

SA Insurance Industry Honours Top Service Providers

The FIA Awards was held last week
The FIA Awards was held last week
Santam won the top award for Short Term Insurer of the Year.

The South African short term insurance industry got together last week to honour the top service providers at the annual Financial Intermediaries Association of Southern Africa (FIA) Awards.

The event was held as a gala ceremony at the Sandton Convention Centre in Johannesburg and hosted the who's who in the financial services industry in South Africa.

Top providers were recognised for their contribution to the industry, with some groups taking an award for the second consecutive year.

"These awards are an important tool with which the intermediary industry is able to pay recognition to, and honour, those providers in the industry who provide excellent service to clients via the intermediary channel," said the new President of the Financial Intermediaries Association, Brian van Flymen.

Santam Wins For the Second Consecutive Year

Santam earned top marks in the commercial and corporate sections by grabbing awards for Short Term Insurer of the Year in both markets.  This is the second consecutive year that Santam has taken these awards.

Hollard Insurance won the award for Short Term Insurer of the Year in the personal lines section, and Underwriting Manager of the Year award went to Commercial and Industrial Acceptances (CIA).

All financial service providers were provided with the full results of the customer satisfaction survey on which the awards were based, and which were conducted by Bluestream Research company.

Van Flymen said that he hoped the providers would examine these results carefully to see how they could better serve their customers.

"We hope that product providers use this information to assist them in recognising those areas in which they need to improve and those in which they are performing well," he said.

Areas assessed by the independent Bluestream included product quality, service quality and relationship quality.





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Story Highlights »
  • FIA Awards honour top SA insurance groups.
  • Assessment reports given to all providers to help them improve their services.

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