What is Insurance Broker?
An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation.
Top Insurance Brokers In South Africa
Sakkies Maartens Insurance Brokers And Estate
Address: 96 Main St, Matatiele, 4730, South Africa, Kwazulu Natal. See full address and map.
Categories: Insurance Brokers
Botha Herman Insurance Brokers
Address: 10 Vigne Rd, Listerwood, Eastern Cape, 6001, South Africa, Port Elizabeth. See full address and map.
Categories: Insurance Brokers
Bowles Peter Properties
Address: 39 Keate St, C.B.A, Ladysmith, 3370, South Africa, Kwazulu Natal. See full address and map.
Categories: Insurance Brokers
C L S Insurance Brokers
Address: 19 Second Ave, Hillary, Kwazulu Natal, 4094, South Africa, Durban. See full address and map.
Categories: Insurance Brokers
Cornerstone Brokers
Address: 64 Tanner Rd, Empangeni, 3880, South Africa, Kwazulu Natal. See full address and map.
Categories: Insurance Brokers
Somadoda Brokers
Address: 85 Scott St, Newcastle Central, Newcastle, 2940, South Africa, Kwazulu Natal. See full address and map.
Categories: Insurance Brokers
Kent Canham Insurance Brokers Cc
Address: 20 Old Main Rd, Underberg, 3257, South Africa, Kwazulu Natal. See full address and map.
Categories: Insurance Brokers
Presidio Financial Services
Address: 12 Dikkop Ave, Rooihuiskraal, Gauteng, 0154, South Africa, Centurion. See full address and map.
Categories: Insurance Brokers
M F W Insurance Brokers (PTY) Ltd
Address: 20 Kent Rd, Dunkeld West Exts, Gauteng, 2196, South Africa, Sandton. See full address and map.
Categories: Insurance Brokers
P G V Makelaars
Address: Bronwyn St, Ga-Nala, 2271, South Africa, Mpumalanga. See full address and map.
Categories: Insurance Brokers
P S G Consult
Address: 12 Heuningklip Rd, Vredenburg, 7380, South Africa, Western Cape. See full address and map.
Categories: Insurance Brokers
Walco Insurance Brokers Cc
Address: 10 Fran Gipane St, Brackenfell, 7560, South Africa, Western Cape. See full address and map.
Categories: Insurance Brokers
Seesa Commercial (PTY) Ltd
Address: 2 Golden Mile, Durban Rd, Western Cape, 7530, South Africa, Bellville. See full address and map.
Categories: Insurance Brokers
Drakensberg Versekerings Makelaars
Address: 61 Church St, Vrede, 9835, South Africa, Free State. See full address and map.
Categories: Insurance Brokers
Landmark Underwriting Agency
Address: Reid St, Westdene, Free State, 9301, South Africa, Bloemfontein. See full address and map.
Categories: Insurance Brokers
How do insurance brokers make money in South Africa?
In South Africa, insurance brokersĀ receive commissions from insurance providers, and sometimes they also charge their clients fees.
The commission an insurance broker receives from insurance companies is calculated based on what the law in South Africa requires and is taken from the monthly premium you pay.
How much does an insurance broker consultant earn in South Africa?
The average insurance broker salary in South Africa isĀ R 300 000 per year or R 154 per hour.
Entry-level positions start at R 192 000 per year, while most experienced workers make up to R 3 000 000 per year.
How big is the life insurance market in South Africa?
Market Size (2021) | ZAR598.4 billion (US$40.5 billion) (GWP) |
CAGR (2021-2026) | >5% |
Forecast Period | 2021-2026 |
Historical Period | 2017-2020 |
Key Distribution Channels | Insurance Brokers, Agencies, Direct Marketing, and Bancassurance |
Leading Companies | Sanlam Life, Old Mutual Life, Liberty Group, Discovery Invest, Discovery Life, Guardrisk Life, The Hollard Life, Absa Group, and Professional Provident Society |