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HISTORY

Indwe Risk Services is a product of the 2006 merger between South Africa's premier insurance brokerages - Thebe Risk Services & Prestasi Brokers.

Thebe Risk Services was the evolution of what began in 1903 as Hoskens Insurance. In 1992, it became the insurance arm of Thebe Investment Corporation, the country's oldest black empowered financial institution. It's focus was primarily on the insurance needs of corporations.

Prestasi Brokers was established in 1972 and rapidly became known for its innovative short-term insurance offerings for individuals and SMME sectors.

It became a fully empowered organisation when Pamodzi Investment Holdings bought a controlling stake in April 2001. Today, Indwe Risk Services represents more than 120 000 individual, commercial and corporate clients.