Seico Africa is a locally owned joint venture company delivering:
Highly profitable value-added insurance schemes and AAA insurance solutions from Lloyds of London directly to the South African commercial market.
We are specialists in providing high-value, low-cost insurance schemes to partners with large customer bases.
Micro insurance is a huge value customer service and a peerless customer acquisition and retention tool.
The schemes provide an extra service to customers at a much reduced rate. They generate significant revenues for our partners and require virtually no administrative cost.
The insurance schemes have been successfully used as:
- A free incentive offer to drive increased sales
- An ancillary value added service or benefit generating extra revenue
- An additional product to offer that introduces a new revenue stream
- A proven way of acquiring customers and reducing customer churn
Examples of schemes provided by Seico
Pay Bill Assist for Cell C – a VAS that covered the phone bills of Cell C customers if they had an accident or illness that caused them to stop working or if they were made redundant by their employer.
Blue Label Connect Bill Protector – a scheme that covered Blue Label customers for Accidental Death.
Vodacom GAN – providing an extra Good As New warranty for Vodacom customers phones
Blue Label Connect and Cell C Funeral Policy – Providing a funeral policy for BLC & Cell C customers
AAA tailored insurance solutions from Lloyds of London directly to the South African commercial market covering:
- Directors & Officers
- Cyber & Crime
- Mining & Engineering Risks
- Goods in Transit/Marine
- Liability
- Property
- Warranty
Going straight to the international insurance markets via Seico has a number of huge advantages:
Cost – most local markets re-insure their risk internationally anyway, therefore incorporating an additional layer of cost.
Reliability – Lloyds of London has specialised in these market sectors for hundreds of years without a history of withdrawing during challenging times.
Renewal availability – Consequently, renewal terms are available
Claims – Lloyds of London’s claims record is exemplary. If the risk has been covered, then the claim is paid.
Clients that have taken advantage of Seico’s Scheme and Commercial Insurance offers include:
- Blue Label Group
- Cell C Telecom
- Vodakom
- Telkom
- Evercomm Group
- 3G Group
- DNI
- Huge Group
Contact us now:
Tel: +44 (0) 1273 778888
Email: enquiries@seicogroup.com
Seico Africa
266 Bryanston Drive
Sandton, 2191
Johannesburg
South Africa