Insurance Outsourcing Managers Holdings Limited and its subsidiaries (“INsure”) has a strategic focus on financial services for the South African short-term insurance market, providing premium financing, premium collection management, niche financial products and tailored outsource arrangements on these.

The synergistic product range was developed as service offerings geared towards the dynamic of its vibrant target market.  INsure is neither an Insurer, Broker nor an IT system provider, but is an established leading independent financial services provider to the insurance industry.

Product range, financial value added and outsourcing services:

  • Premium collections and disbursements
    EPiC®:  An independent debit order and premium handling service for the collection, deposit and disbursement of premiums, commissions and other charges to Insurers, including Underwriting Managers, Brokers, Administrators and third parties.
  • Insurance premium financing
    Premium Credit SA:  Financing of annual insurance premiums with monthly repayments for approved clients of select Brokers over ten and twelve month periods.
  • Funding of broker expansion by acquisition
    INadvance®:  A financial product developed as a result of the consolidating Broker market and increasing sophisticated needs of Intermediaries. INadvance® facilitates the expansion of Broker businesses through the acquisition of short-term insurance portfolios.
  • Insurance-based outsourced financial services and related credit controls
    Management of large monthly debit order portfolios plus premium financing and discounting arrangements on specialised custom designed technology platforms in accordance with specific service level agreements.
Company name
Insurance Outsourcing Managers Holdings Limited (INsure)
Industry focus
Providing a range of financial services to the Insurance Industry
Service offering
• Debit order collections - EPiC
• Premium Financing - Premium Credit SA
• Broker Acquisition Financing - INadvance
• Outsourced Services and Schemes
BEE Rating
Level 6 contributor:
Showing significant progress in the social development, skills development and employment equity segments

Founded

1998
Website
www.insuregroup.co.za
   
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