CIB Insurance Administrators (CIB) is rolling-out six new branches in South Africa in 2012 to meet the rapid growth of its broker network and client base across the country.
The first of these branches opened in Benoni on the East Rand in November 2011, while the next branch opening in Umhlanga, Kwazulu Natal is scheduled in February 2012.
According to the company, the new regional branches will form part of its Marketing and Sales division and will be fully mandated, as well as have full support from the company’s head office in Bedfordview, Gauteng.
The new strategically positioned branches are expected to maximise company’s existing broker relationships, while also targeting new brokers in key emerging regions.
CIB divisional director Jonjon Smit said they currently have over 1 000 brokers nationally and the establishment of new branches in key areas throughout the country is a natural progression for their brand.
"Through our increased footprint we will be able to provide greater broker service and direct access to our management in key territories," Smit said.
"Each branch will be managed by a regional director with extensive experience in the South African and international insurance arenas.
"This expansion is in line with our vision to be the preferred choice for all professional brokers nationally as well as increase our brand presence throughout South Africa."