FANews
FANews
RELATED CATEGORIES

HIC scoops Underwriting Manager of the Year Award at the FIA Annual Awards

14 June 2012 HIC
Barry Tailor (FIA), Denleigh Wilensky (HIC) and Rory Gainsford (HIC)

Barry Tailor (FIA), Denleigh Wilensky (HIC) and Rory Gainsford (HIC)

Hospitality Industrial & Commercial Underwriting Managers (HIC) was named as the Underwriting Manager of the Year at the recent Financial Intermediaries Association of Southern Africa (FIA) Annual Awards ceremony, which took place at a glamorous gala dinn

Rory Gainsford, Executive Chairman of HIC, says the company is honoured to have won the FIA award, the most prestigious award bestowed on the company since its inception 13 years ago. “Most importantly, we would like to thank all our brokers for all their support, without whom this award would not have been possible.”

According to Denleigh Wilensky, Executive Director of HIC, last year’s awards ceremony motivated HIC to embark on a strategic initiative to improve its service levels to its brokers. “With the help of our brokers we identified key areas for improvement and launched an internal campaign in order to ensure we go the extra mile for our brokers.”

Wilensky says HIC employees pride themselves on providing the best service to their brokers, because while anyone can provide a product and reduce premiums, it is very difficult to replicate quality service and strong relationships. “We regularly enhance our existing products and look to launch new innovative products.”

Due to the perception of insurance being a grudge purchase, HIC feels it is its duty to provide its brokers with the best possible service, which they in turn can pass on to the end consumer, says Gainsford.

“The FIA awards encourage healthy competition between insurers and Underwriting Management Agencies and this can only be to the benefit of the broker and ultimately the policy holder,” concludes Gainsford.

Quick Polls

QUESTION

What do you think the high volume of inquiries and withdrawal requests means for the future of the two-pot system?

ANSWER

It suggests high demand and potential success of the system
It indicates possible problems with the system’s implementation or communication
It points to financial stress among individuals that could affect long-term retirement planning
It could be detrimental to the economy and people's retirement security
It’s too early to determine the impact on the system’s future
fanews magazine
FAnews August 2024 Get the latest issue of FAnews

This month's headlines

Women’s Month spotlight: emphasising people and growth in the workplace
The power of skills transfer and effective mentorship
Advisers and investors hold thumbs the GNU will restore bond and equity valuations
What are the primary concerns of insurers and brokers?
The Two-Pot System: regulatory challenges ahead
How comprehensive is your clients' critical illness cover?
Subscribe now