An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation.
Find below are the list of Insurance Brokers In South Africa
S a Insurance Brokers
Address: 21 Hermitage St, Durban Central, Durban, 4001
Phone: 031 304 5140
Kayser Baird Insurance Brokers
Address: 10 Abrey Rd, Kloof, 3640
Hours: Closed ⋅ Opens 7:45AM Thu
Phone: 031 767 8000
SA Brokers Insure
Address: 3 Dumat Pl, Mount Edgecombe Country Estate 2, Mount Edgecombe, 4302
Hours: Closed ⋅ Opens 8AM Thu
Phone: 031 502 2059
Commrisk Insurance Brokers
Address: 71 Margaret Mncadi Ave, Durban Central, Durban, 4001
Phone: 031 304 0128
How much do insurance brokers earn in South Africa?
The average insurance broker salary in South Africa is R 360 000 per year or R 185 per hour. Entry level positions start at R 195 000 per year while most experienced workers make up to R 4 560 000 per year.
Is Santam a broker?
Secure Insurance Brokers is an established brokerage operating on the East Rand and Gauteng area since 1989. The company has received wide recognition for our work in the insurance field and in 2005 won the coveted regional Santam Diamond broker of the year award.
How do I start an insurance broker in South Africa?
So, here are important steps and requirements to becoming an Insurance broker.
HAVE AN ENTRY LEVEL QUALIFICATION.
EARN A BACHELOR’S DEGREE.
ADD AN INTERNSHIP TO YOUR INSURANCE BROKER TRAINING.
OBTAIN AN INSURANCE BROKER LICENSE.
FIND A JOB.
OBTAIN INSURANCE BROKER CERTIFICATION.
What are the responsibilities of an insurance broker?
Insurance broker: job description
building and maintaining business relationships with clients.
scheduling and attending meetings.
discussing and assessing clients’ current and future insurance needs.
researching insurance policies and products.
negotiating policy terms and costs with insurance providers.
Where can I study insurance in South Africa?
The Bachelors in Insurance & Risk Management at the University of the Witwatersrand in Johannesburg, South Africa is an education programme which provides students a comprehensive knowledge in the field of risk management and insurance.
Do insurance brokers make a lot of money?
An insurance broker makes money off commissions from selling insurance to individuals or businesses. Most commissions are between 2% and 8% of premiums, depending on state regulations. Brokers sell all insurance types, including health insurance, homeowner insurance, accident insurance, life insurance, and annuities.