Constantia welcomes its new Chairman and Board Member

08 March 2018 Constantia Insurance

David Harpur - Chairman & Independent Non-Executive Director

David Harpur, a stalwart in the insurance industry, has been part of the insurance landscape for nearly 50 years. That time included being President of the Insurance Institute of South Africa on two occasions, as well as President of the Financial Intermediaries Federation of South Africa (FIFSA), the Insurance Institute of Gauteng (IIG) and the South African Financial Services Intermediaries Association (SAFSIA), now FIA.

Among numerous roles, David has served as a member of the Policy Board for Financial Services and Regulation, been a member of several insurance industry committees and worked with INSETA, SAIA, FIA, FPI, IOD, IPBF and the FSB in varying capacities.

In 2006, David was elected as a member of the executive committee of the Worldwide Broker Network (WBN) as well as being appointed Managing Director of WBN Limited, a role he served in until June 2008. He retired as a non-executive director of Glenrand M.I.B Ltd in 2008 having handed over as Chief Executive of the group in 2005, after enjoying 16 years in that role. During his career he has spent 33 years at institutions such as Minet, Mibsa, MIB and Glenrand M.I.B, and was fully involved in the listing of Glenrand M.I.B on the JSE in 1988.

As of January 2009, he joined the IISA as CEO and served for nine years at the IISA helping to re-establish the status, reputation and financial base of the IISA in the local, African and international markets. David has always been tremendously passionate about the insurance industry and continues to champion professionalism within the industry, as well as insurance education at all levels. Until very recently, he served as a non-executive Director on the board of JSE listed Conduit Capital Ltd, where he also chaired the Remuneration Committee while also being a member of the Audit and Risk Committee.

The Constantia Insurance Group welcomes David in his new role as Chairman of our Group’s insurance operations, and is delighted to have his substantial expertise at our disposal.

Peter Todd - Non-executive Board Member

Peter has joined us a Director of the short term and life insurance subsidiaries of the Group. He is the founding director of Repair Solutions, a claims management company focused on the motor repair industry. He has consulted widely across the insurance industry, as well as to companies looking to branch into the insurance sector, such as mobile network operators, banks and other financial institutions.

Peter has held a number of senior positions in the insurance industry including Chief Executive of Mutual & Federal; Managing Executive for Distribution at Absa Financial Services as well as Managing Director of Absa Insurance & Financial Advisers.

He spent six years in Singapore as the Regional Managing Director of Alexander Forbes Asia Pacific where he looked after the Group’s interests in Asia, including operations in China, Korea, Hong Kong, Vietnam, Philippines, Thailand, Malaysia and Singapore.

Peter also served as a Director on a number of industry Boards, including the South African Insurance Association and is currently President of the Insurance Institute of South Africa. Past directorships include Old Mutual Africa Holdings, Chairman of Credit Guarantee Insurance Company and Director of the Collision Repairers Co-operative.

Quick Polls


Financial behaviour experts suggest that today’s risk modelling methodologies ignore your client’s emotional ability / behavioural capacity. What are your thoughts on spicing up risk profiling tools to make allowance for your client’s financial behaviours


[a] Bring it on; my client’s make too many irrational financial decisions
[b] Existing risk profiling tools are adequate
[c] Risk profiling tools should be based on the model / rational client
[d] The perfect risk profiling tool is science fiction
fanews magazine
FAnews April 2021 Get the latest issue of FAnews

This month's headlines

Randsomware attacks... SA businesses' biggest risk
Know the difference - compliance vs ethics
Better business by virtue of Beethoven
The future of vaccines
Harmonisation of retirement funds
Call centres and the maze of auto-prompts
The next 18 to 24 months are going to be tough
Subscribe now