“Our expansion into the business insurance space has been in the works for quite some time, and we’re thrilled to have been granted our license so that we can get start covering South African businesses as soon as possible”, says Gideon Galloway, CEO of King Price.
The new division will be headed up by George Parrot, who has over 22 years’ experience in the industry and this comprehensive, commercial product includes cover for fire, buildings, office contents, money, accidental damage and motor.
King Price, is the only insurer in South Africa that decreases its clients’ car insurance premiums monthly, as the value of their cars depreciate. The business offering is no different; while it will also include a multitude of business insurance options typically available from other insurers.
“Even though business insurance is seen as a ‘suit and tie’ area, we are here to prove that theory wrong. What consumers are interested in is a reliable product offering, at the cheapest possible price and a company that they can relate to, which is exactly what we offer. Innovation and versatility are the name of the game if one wants to set the pace in this industry. King Price business insurance could be seen as the next step in our plan for world domination… Or just an exciting new insurance offering that continues to put our clients first,” concludes Galloway.
