Google
RSS Feeds RSS | Views on ITInews | contact | terms of use | privacy 
 


Editorial Categories:

FINANCIAL SERVICES
ADVISERS & BROKERS
BANKING & BONDS
BUSINESS MANAGEMENT
COLUMNISTS
CONSUMER AFFAIRS
CRIME & FRAUD
ECONOMY & GLOBAL
EDUCATION & TRAINING
ESTATES & WILLS
HEALTHCARE INSURANCE
INDUSTRY & LEGISLATION
INSURANCE
INVESTING
LEGAL AFFAIRS
LIABILITY INSURANCE
LIFE INSURANCE
MARKETING
PEOPLE & COMPANIES
POLITICS
PROPERTY
RETIREMENT PROVISION
REVIEWS
ROAD ACCIDENT FUND
SHARES & UNIT TRUSTS
SHORT-TERM INSURANCE
TAXATION
TECHNOLOGY
VIEWS & LETTERS


Forthcoming Events:

No Upcoming Events


Available Recruitment:

No Vacancies Listed...


Save by getting insurance quotes


Your Editor, Brent WilsonInforming Consumers and Financial Advisors since 1988 | Click Here to Advertise
centered on relationships, solutions and service
Press Offices > Short Term Insurers

Centriq Insurance
Press Office Feature : Centriq partners with First Property Acceptances

Company: Centriq Insurance
Author:Retha van Reenen
Email:[email protected]
Posted:04 Feb 2015

 Email this article Comment on this Article  Print this article

First class support and expertise to the UMA market

Centriq Insurance welcomed First Property Acceptances (FPA) to their niche stable of underwriting management agencies (UMAs) in January this year.

First Property Acceptances, better known as FIRSTPROP, provides the South African property sector with some of the widest cover and value-added products available today.

“Hence, we are very excited to partner with Ian Barton (Pictured right) and his team. The plethora of skills and expertise they bring to the table make them a significant value-add, not only to our property insurance lines offering, but to our overall stable of UMAs,” says Martin Le Roux: Executive Head of Centriq.

FIRSTPROP’s motto "first for cover - first for service" is one they have maintained since the company’s inception in 2005.

This, together with an unrivalled track record of providing the market with personalised solutions in property insurance, has and will always be something they take great pride in across all four of their branches in SA.

"Changes to the regulatory environment have placed intense pressure on UMAs to re-evaluate long-standing business practices."

"Therefore, we welcome the opportunity to re-establish our relationship with Centriq, as they provide first class support and expertise to the UMA market,” says Ian Barton, Managing Director of FPA.

Barton adds that the ability to offer their brokers and clients sustainable insurance solutions into the future will require that FPA meet these challenges head-on by adapting their UMA model and business structure to this new environment.

“Together with Martin Le Roux and his team, we have established a robust and unique UMA model which responds to the convergence of legislative influences, the need for more focused risk selection and specialisation, and direct risk sharing."

"As such, the directors of FIRSTPROP look forward to a long and financially rewarding relationship with Centriq," Barton concludes.

Comments:
There are no comments at this stage. Be the first to comment!
Please Login To Comment On an Article - Click here To Login

ITInews invites comments at the foot of each of its articles in which readers can respond freely - anonymously if they wish - to various topical issues and industry debates. However, comments submitted by readers that are defamatory or deemed, by the editors, to be racist or obscene will be deleted from the database. Furthermore, ITInews's editor would like to caution potential posters on its websites that while it welcomes robust debate, it will not hesitate to make the IP addresses of the authors of such defamatory statements available to the authorities, in the event of a court order compelling them to do so.



Get car, home, life and business insurance quotes in 3 easy steps


Centriq Insurance


Join us today

More from Centriq Insurance
Proactive risk management key driver for Centriq - Tradesure partnership
Claims processing and administration form an integral part of the customer experience
Silver Achiever Award for Centriq
In the 2015 Deloitte Best Company to Work for Survey
Centriq’s Global Credit Rating upgraded to AA- (ZA) Outlook Stable
Evidence of the successful partnerships we continue to develop with all our stakeholders
Centriq partners with Vantage
Comprehensive cover for executive, exotic, collectible and classic cars
The TCF Audit
Role and function of the compliance officer more complex and challenging than ever before
What’s pressing South Africa’s short-term insurance industry?
Inefficiency is at the heart of it all
The reality of vehicle cloning in South Africa
61 000 Cloned vehicles on our roads annually
Regulatory reform
What role does the compliance officer fulfil today?
Unpacking the SAM Standard Formula
Calculating the Capital Requirement and the Capital Resources
Centriq Insurance
One of top 3 companies to work for


Archived Articles featuring this company ...


Insurance Quotes


Car Insurance Quotes
Household Insurance Quotes
Business Insurance Quotes
Funeral Insurance Quotes
Life Insurance Quotes

Read the InsuranceQuotes Blog
ITM Website Design Cape Town
Copyright © 2005 - 2015 ITInews Online Publications (Pty) Ltd. All rights reserved Insurance Times & Investments Online and ITInews. ..::ISSN 1995-1256::.. No part of the materials including graphics or logos, available in this Web site may be copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable form, in whole or in part, without specific permission from ITInews Online Publications (Pty) Ltd. Distribution for commercial purposes is prohibited.