Price Forbes & Partners (“the Group”), the independent, specialist insurance broker, today announces that as part of its ongoing expansion in South Africa, it has renamed its subsidiary PFP Insurance Brokers (Pty) Ltd to Price Forbes (Pty) Ltd.
Since its relaunch two years ago, the South African business continues to expand following investment in new staff and systems to provide clients with independent, specialist advice and access to Lloyd’s and other global insurance markets.
The Price Forbes brand has a strong and longstanding association with corporate and commercial clients in South Africa, which is a strategically significant territory for the Group.
Warren Bolttler, Chief Executive Officer, Price Forbes (Pty) Ltd said: “This signifies not only the return of the historic Price Forbes name to South Africa, but also our commitment to the South African market and our plans for further development and is good news for both us and our clients.
“Our strategy is to deliver an expert and tailored service locally, supported by the Price Forbes Group of companies to access global markets.”
Michael Donegan, Chief Executive Officer, Price Forbes & Partners Ltd added: “I am delighted that we are able to celebrate our second anniversary in South Africa with news that sends a clear message about our intentions for the South African market. We are committed to offering superior service to our corporate clients both large and small and look forward to developing new and existing relationships over the years to come.”
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