TRAFICC is an Underwriting Manager who specializes in the management of niche insurance companies and cell captives. We are the leading Underwriting Manager in the Motor, Micro Finance and Retail industries in South Africa and Africa. In our 9 year history we have revolutionized the management of niche insurance businesses in these industries and have been instrumental in allowing our clients to b
ecome self-sufficient and thereby non reliant on the major insurance companies and banks. Not only have we introduced products, systems and reporting which are more relevant to our clients’ needs but we have done so in a more cost effective manner than what exists in the market. The combination of these two factors has allowed TRAFICC to compete in an extremely mature and competitive market place where our major competitors normally have a hold on our clients either in terms of an ownership interest and/or a financial relationship and/or a franchise relationship and/or a historic relationship. TRAFICC is owner managed and is completely independent from any insurance company or bank thus removing any potential conflict of interest and ensuring that our client’s solution is 100% in their best interest. We are able to manage the entire process in our client’s insurance business, including but not limited to:
1. Product innovation and design which includes
• drafting of policy wordings, disclosures and applications
• determining of appropriate benefits and pricing
• assessing the necessity for reinsurance
3.Policy fulfilment
4. Policy administration
5. Premium collection – specializing in control of collecting monthly premiums
6. Claims administration
7. Product training
9. Marketing material
Maximisation of a business’s client base is a key principle in business today. Statistics show that securing new business is both time consuming and extremely costly. For this reason, businesses are maximising their Value Chain with each and every opportunity that presents itself. One of these opportunities is through the selling of relevant insurance products to your customer base.
