Phoenix Association

Evolving legislation and compliance has made it, and will continue to make it difficult for the small brokerage to operate efficiently and effectively in the insurance industry. In order to adapt to the changing environment, there has seen a growing trend towards mergers and acquisitions as brokers attempt to capitalise on economies of scale and gain market share.

We have identified the advantages of aligning ourselves with a partner that follows similar business and insurance principles. Hence, our association with Phoenix Risk Solutions.

Phoenix Risk Solutions commenced trading in 2004 when three directors of the then Glenrand MIB joined forces with a Director from Sky Market Financial Services. Through a number of strategic acquisitions and associations, Phoenix as a brand has seen considerable growth over the past 10 years both in size and reputation in the market.

By focussing on best practices and specialist strengths between us, we can command a significant position in the local industry. Substantial business is placed with all the country’s leading insurers and underwriting managers. This market presence gives us leverage, and has assisted us in customizing and negotiating specialist covers and wordings for our clients.

If not already, collectively the Phoenix brand strives to become the biggest independent brokerage in the Western Cape, with national expansion plans for the future.