It’s not where we’ve been that matters as much as where we’re going. But looking back, Compendium Insurance is a concept a long time coming. From small beginnings, today Compendium Insurance has the size and leverage to do more for its clients.
Here is a brief overview of our past – and our present.
1928
|
LA Fletcher founded in Durban as a chief agent for the SA Eagle Insurance Company.
|
1951
|
Brokerage Messrs. William Nagel Pty (ltd) was founded.
|
1961
|
Durco Insurance Brokers established.
|
1981
|
Jack Wood & Associates Pty (ltd) acquires the Nagel and Durco Companies.
|
1994
|
– After one year with the firm, Rowan Jones takes over the helm and becomes a major
shareholder in Jack Wood & associates.
|
1995
|
The company acquires Mariger Insurance Brokers and Insurance Solutions.
|
1997
|
The name changes to Jones Wood & associates. The company acquires LA Fletcher and Group
Insurance Brokers.
|
1999
|
Two major strategic acquisitions, Geoff Patterson Insurance Brokers and David Pickford and Associates, leads to the establishment of Compendium Insurance Group (Pty) Ltd on
1 November 1999.
|
2001
|
Compendium acquires Jaguar Insurance Brokers.
|
2002
|
Hollard Insurance Company takes a shareholding in the rapidly expanding Compendium
Insurance Group.
|
2003
|
Natal Broker Services comes on board.
|
2004
|
Compendium acquires a shareholding in MR Woollam & Associates Pty (Ltd), a
Pietermaritzburg based brokerage with a Cape Town Office.
|
2004
|
Compendium Insurance Group becomes FAIS compliant in accordance with prevailing
legislation.
|
2010
|
Compendium acquires NFS Insurance Brokers & Homeplus Insurance Brokers.
|
2010
|
Several brokerages join the Compendium Group, adding to the company’s growing national footprint.
- Compendium Insurance Brokers Eastern Cape (Pty) Ltd – formerly Hunter Insurance
Brokers (Pty) Ltd
- Compendium Insurance Brokers Zululand (Pty) Ltd – formerly HW Brokers (Pty) Ltd
- Compendium Insurance Brokers Gauteng (Pty) Ltd & Diane Jack
|
2014
|
Compendium became Proudly Bidvest on 1 July 2014 when Bidvest Insurance Group (Pty) Ltd purchased shares in our holding company, Compendium Group Investment Holdings (Pty) Ltd.
|
2014
|
MR Woollam & Associates (Pty) Ltd changes its name and separates into Compendium Insurance Brokers Pietermaritzburg (Pty) Ltd and Compendium Insurance Brokers Cape Town (Pty) Ltd.
|
2015
|
Compendium Insurance Group changed their name to Compendium Insurance Brokers (Pty) Ltd.
|
2015 |
Compendium acquires Taxi & Transport Insurance Brokers, a specialist in taxi insurance.
|
2015 |
Durban branch acquires business from iCycle, a specialist bicycle insurance broker.
|
2017 |
Port Elizabeth branch acquires Albany Insurance Agency.
|
2017 |
Compendium acquires a majority shareholding in Edge Insurance Brokers,Gauteng.
|
|
|