SOS 0860505911

Case study

Personal touch defines JVC Insurance Brokers

In the business world, word-of-mouth referrals require invaluable expertise coupled with exceptional client service.  "This is something you have to create. It doesn't start existing one day, it's a demanding process," says Johan Erasmus, a partner at award-winning JVC Insurance Brokers based in Johannesburg.

And with the benefit of experience spanning two decades, Erasmus and his partner Volker Grünewald, have consistently built their business to the point where most of their referrals really is through word of mouth. "Our decision to join the insurance industry was simply an opportunity we decided to make the best of. Both of us enjoy serving people and in doing so, we have cultivated a commitment to providing the most efficient service we possibly can."

The company's services extend to all areas of short-term insurance, specialising in Commercial, Personal, Marine, Contractors and Plant All Risk. Erasmus and Grünewald both began their careers in the short-term insurance industry: "My very first job was in this industry and our work as intermediaries evolved from there," says Erasmus. The majority of JVC's employees, including Erasmus, also have a history with Santam. "We communicate with Santam and the bulk of our business is with Santam. If you enjoy serving your clients, you need to do this with a company that matches the promises you make to a client," he says.

JVC Insurance Brokers endeavours to offer their clients complete peace of mind. "With insurance, it is always a question of when something is going to happen, not if it's going to happen at all.  Erasmus emphasizes that the stability of a recognised brand like Santam has stood their business in good stead: "We receive very good support from Santam and they make it easy for us to do business with them," he says.

The industry is not without its challenges, however. The proliferation of competition in the market is a constant reminder that exceptional service is imperative, Erasmus says. He adds that 'administrative red-tape' can also make business difficult. Erasmus, Grünewald and their team tackle the latter challenge by working through broker consultants: "The access to management staff in Santam works well. Their doors are always open to speak to the regional managers or branch managers and we tend to get a lot done in this way," Erasmus adds.

Erasmus maintains that their winning formula of meeting and servicing their clients personally works. "Today, the personal touch is almost unusual but I believe that this is what defines us. We are honest and transparent and we are very aware of the value of realistic expectations. "Each one of our clients, regardless of the size of their policy is important to us," says Erasmus. He adds that it is imperative for them to stay abreast of governance requirements and changes in legislation. "We put a lot of emphasis on training because we recognise that knowledge provides confidence."

In July 2010, JVC Insurance Brokers, which celebrates its sixteenth year of existence this year, won the Santam Diamond Award for the top short-term insurance brokerage in the North and West of Johannesburg.

Ebrahim Ismail, the owner of Saferun Logistics pays testimony to the impeccable service JVC Insurance Brokers provide: "When you run a logistics company and one of your trucks get hit by lightning, you need efficient service. Johan and his team immediately got us a quotation and arranged for an assessor to come and check our vehicle. The authorisation came through and it was fixed within three days. My business carried on as usual. I'm very grateful to JVC Insurance Brokers for their efficient service."

Says Erasmus of their recipe for success: "Volker is my role-model and I am his. We have an immense amount of respect for one another and I believe these values filter through to our staff. Intermediaries play an immensely important role in the insurance industry and we want to ensure that this continues to be the case in the future."

 
 

Case Studies

Read our previous case study: The Joos Joinery/Barnard Jacob Mellet Insurance Brokers story

Click here
Find a broker

 
  
 

Make a claim

0860 505 911

 
or submit your claim online
Error reading XSLT file: \xslt\YellowBlockAdvertisementMobi.xslt