Indwe Risk Services (Pty) Ltd is a leading personal, business and specialist risk and insurance advisory business. Indwe came into existence in 2006 – the product of a merger between Thebe Risk Services and Prestasi Brokers, both of which had a formidable history in insurance.
Thebe Risk Services was established in 1903 as Hoskens Insurance and in 1992 became the insurance arm of Thebe Investment Corporation. Prestasi Brokers was established in 1972 and soon gained a reputation for its innovative short-term insurance offerings, becoming a fully empowered organisation in 2001.
When these two insurance leaders joined forces, they took the name Indwe, which is the isiXhosa and isiZulu name for South Africa's national bird, the Blue Crane. Since establishing our new identity, we’ve continued to build on the strengths of our heritage.
In 2016, Indwe announced a new shareholding deal where African Rainbow Capital acquired a majority shareholding of Indwe, with 25% shareholding belonging to Sanlam and Santam retaining 24%. This joint venture has enhanced Indwe’s profile and has provided opportunities for expansion.
While our shareholding has changed, what has not is our commitment to our clients. We provide all our clients with excellent service, innovative products and timeless values that are borne from decades of experience.
Whilst integrity and honesty are inherent in our philosophy, we have specifically chosen values which reflect our commitment to our clients.