Ikusasa La Makhosi with Hollard
Ikusasa La Makhosi with Hollard

Posted in News on Nov 13, 2001.

Kaizer Chiefs, undoubtedly one of the largest and most popular clubs in Africa, together with Hollard Insurance, the largest independent insurer in the country, have joined hands in the creation of Kaizer Chiefs Financial Services.

Kaizer Chiefs Financial Services, a joint venture between these two giants was announced at a breakfast function at the Chiefs Village on Tuesday.

The Amakhosi history can reveal that an integral part of the club’s success has been their understanding of the importance of financial security.

"We are once more proud to be associated with another giant commercial partner whose credentials in the insurance industry are a strong phenomenon. We have chosen Hollard Insurance as the underwriter and joint venture partner of Kaizer Chiefs Financial Services," said Kaizer Chiefs MD Kaizer Motaung in a statement.

The Amakhosi boss sent his apologies for not being part of this historic venture as he had to attend the Ellis Park Commission of Inquiry, where he would be giving testimony today.

"To us," said Motaung. "This is another marriage of great brands, which will give birth to probably the biggest insurance initiative directly to benefit our supporters in a historical way."

Kaizer Chiefs Financial Services has been created to provide simple, easy-to-understand, value for money insurance products to the market, to encourage and assist Amakhosi supporters to provide for their own financial well being in order to secure a better future.

"Hollard has R4 billion in assets and more that 2.5 million South Africans have entrusted their financial security to Hollard, who has guaranteed peace of mind for over 20 years," said Hollard director Nic Kohler in a statement.

"One of Hollard’s cornerstones is to form alliances and partnerships with likeminded people that share the same passion and understanding of the market and its needs.

"Effective partnerships bring new directions and opportunities for all concerned, and Hollard therefore looks forward to jointly building Kaizer Chiefs Financial Services and adding value to the supporters," said Kohler.

Kaizer Chiefs Financial Services will initially be launching three products to address the need to save for the future, as well as provide security in the event of unexpected, such as death in the family.

Supporters will be able to purchase these products via the media as well as through Kaizer Chiefs branches, by either completing a coupon or applying for cover over the telephone.

All calls will be handled in a state of the art centre, manned by a team of passionate and dedicated staff members, who will be able to assist supporters in purchasing their policies telephonically or by answering any queries that they may have.

"We are excited at the birth of Kaizer Chiefs Financial Services," said Amakhosi PRO Putco Mafani.

"To us this is a prompt response to the challenges of road accidents affecting supporters and other tragic forms of deaths that we see from time to time, while on the other hand we will be teaching our supporters about the responsibility of taking care of their tomorrow and that of their children, hence our slogan - Ikusasa La Makhosi - the future for Amakhosi".

Kaizer Chiefs Financial Services products are already available to supporters who would like to take up any of these and branch executives will be oriented on how to assist those who need the products.

Share this article: