Hollard, South Africa’s largest privately owned insurance company, received the 2011 World Finance Insurance Company of the Year Award for South Africa. The World Finance Awards are awarded by World Finance Magazine, a leading financial publication in London.
“As a growing global insurer based in South Africa, we are honoured that Hollard has been recognized by World Finance Magazine. The win demonstrates Hollard’s success in leading the South African market and creating a significant presence on the international stage” said Hollard CEO Nic Kohler. "Our goal is to become a leading global insurer that delivers first rate customer service and innovative insurance solutions. Receiving this kind of recognition is a credit to the great work of our many employees who deliver results that bring us a step closer to that goal every day."
The main criteria in determining the winner are innovation, originality and quality, as well as investment in market development and formation of customer relationships.
To select the winners, World Finance magazine utilizes an independent panel of judges and analysts. Shortlisted companies are nominated by the magazine's extensive readership through an online voting system. This panel of independent judges and analysts carry out extensive research into the nominated entities, and then finally select the winners.
“We already bring insurance solutions to millions of people and businesses. around the world. This award gives us the confidence that we are on the right track to become a leading global insurance player,” added Kohler.
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