4 Firsts for Hollard in 2006

Holland has had an innovative year, bringing four insurance firsts to the public in 2006.

Tyre Insurance: Hollard partnered with Tiger Wheel and Tyre to insure all brands of tyres sold by them for a one-off premium of between R14 to R100. This covers the 'life expectancy' of tyres (3 years or 50 000km's) against road hazards.

Pay as You Drive: Advanced onboard GPS technology automatically monitors kilometres and means low mileage drivers can pay less if they drive less, download electronic logbooks, and declaring business or private use is eliminated.

Formation of specialist UMA for bikes: Offering individualised underwriting to today's sophisticated biker, Hollard has formed a partnership Underwriting Management Company that specialises in nothing but motorcycle insurance and accessories.

Cash-based 'starter pack' insurance: South Africa's 17 million low income people without bank accounts now have access to funeral, accident and cellphone insurance through 'starter pack' insurance that works like pre-paid cellphone insurance and is distributed through PEP Stores who collects payments at cash tills nation-wide.