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OUTsurance is a direct short-term insurance operation within the RMBH
FirstRand stable, a leading South African financial services group.
Launched in February 1998, OUTsurance soon captured the imagination of the
public with its innovative approach that included a suite of products with a
range of special features and benefits.
On 1 January 2000 OUTsurance merged with First National Insurance, a company
within the same group. The merger formed part of the broader FirstRand bank
assurance strategy and consolidated the group's short term insurance business.
As a result OUTsurance became one of the leaders within the industry in offering
House Owners Insurance cover to bond account holders.
OUTsurance is the global pioneer of the new- generation OUTbonus, a concept
unique within the short term insurance industry.
OUTsurance was the brainchild arising from research conducted for RMBH by
Rene Otto, Willem Roos and Howard Aron in early 1997. Together, they developed
the business plan that positioned OUTsurance as a "greenfields"
alternative to the competitive South African short-term insurance market.
The OUTsurance business model is simple and effective. The pillars of an
actuarial rating and underwriting approach plus effective cost and claims
management rest on the base of an efficient information technology platform.
This supports the company's ability to implement superior risk management
through unique and innovative product design.
Skilled people using sophisticated systems ensure that the company delivers
on its promise - "you always get something out." Call us for a FREE
"NO OBLIGATION QUOTE" today and let us show you how you can SAVE.
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