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
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LA Fletcher founded in Durban as a chief agent for the SA Eagle Insurance Company.
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| 1951
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Brokerage Messrs. William Nagel Pty (ltd) was founded.
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| 1961
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Durco Insurance Brokers established.
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| 1981
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Jack Wood & Associates Pty (ltd) acquires the Nagel and Durco Companies.
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| 1994
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– After one year with the firm, Rowan Jones takes over the helm and becomes a major
shareholder in Jack Wood & associates.
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| 1995
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The company acquires Mariger Insurance Brokers and Insurance Solutions.
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| 1997
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The name changes to Jones Wood & associates. The company acquires LA Fletcher and Group
Insurance Brokers.
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| 1999
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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.
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| 2001
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Compendium acquires Jaguar Insurance Brokers.
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| 2002
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Hollard Insurance Company takes a shareholding in the rapidly expanding Compendium
Insurance Group.
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| 2003
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Natal Broker Services comes on board.
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| 2004
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Compendium acquires a shareholding in MR Woollam & Associates Pty (Ltd), a
Pietermaritzburg based brokerage with a Cape Town Office.
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| 2004
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Compendium Insurance Group becomes FAIS compliant in accordance with prevailing
legislation.
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| 2010
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Compendium acquires NFS Insurance Brokers & Homeplus Insurance Brokers.
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| 2010
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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
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| 2014
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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.
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| 2014
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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.
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| 2015
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Compendium Insurance Group changed their name to Compendium Insurance Brokers (Pty) Ltd.
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