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| Our main activities
include: |
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| Risk Services |
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Risk and insurance programme
management and consulting |
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Insurance and reinsurance
broking |
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Alternative risk finance
consulting and facilities |
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Claims management |
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Premium and claim financing |
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Insurance products and
services for the individual |
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| Financial Services |
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Retirement fund administration
and consulting |
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Actuarial services |
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Health care consulting
and health management services |
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Pension-backed lending |
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Asset consulting |
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Personal financial planning |
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Direct marketing of financial
products |
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| Multi-Manager Investments |
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Through Investment Solutions |
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| Recent awards |
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JSE
SRI Index 2005/6: inclusion in
the JSE Limited Socially Responsible Investment
Index for the third consecutive year [April
2006]. |
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Top 10 Global
Insurance Broker: ranked 9th by
US$ revenue for broking, consulting and
related services [Business Insurance, 18
July 2005]. |
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 |
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Investing
in Life: HIV/Aids: The Direct Aids
Intervention programme offered by Alexander
Forbes Health Management Solutions, in partnership
with Right-To-Care and other service providers
to combat HIV/Aids in the workplace was
awarded ‘special commendation for
leadership’ (and 2nd place) in the
category for ‘the most innovative
HIV/Aids programme and policy’ [August
2005]. |
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Black
Economic Empowerment: Alexander
Forbes South Africa obtained an A-rating
as at 31 December 2004, as a level six contributor
with unrestrained operational capacity by
Empowerdex [October 2005]. |
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Financial
Mail Top Empowerment Companies 2006:
ranked 22nd amongst the top 200 JSE-listed
companies and 2nd in the Financial Services
top 20 sector [March 2006]. |
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1996: |
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On
4 November 1996, as Forbes Group Limited,
the group lists on the JSE Limited in South
Africa. |
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1997
– 1999: |
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In
1997, a successful bid is made for 100%
of Nelson Hurst plc, a London Stock Exchange
listed insurance broker established in 1919.
This extends our reach to nearly 30 countries
in the UK, Asia, Latin America and Africa,
and to niche markets, enabling us to become
one of the leading professional indemnity
brokers in the London market. Since 1998,
the group has been ranked by Business Insurance
as one of the world’s top ten providers
of risk and benefit services. |
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“Alexander
Forbes”, our common worldwide identity,
is launched in 1999. |
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2000: |
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Joined
the Brussels-based EOS Risq partnership
in 2000 with other long-established independent
European insurance brokers, now including
Diot S.A. (of France), GrECo International
(of Austria), Van Breda (of Netherlands),
Grupo Assiteca (of Italy) and Ecclesia Group
(of Germany), enabling clients to benefit
from local and international services. |
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A
number of black economic empowerment (BEE)
initiatives undertaken before the release
of the Financial Sector Charter reach fruition,
marking important BEE milestones in South
Africa. |
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2001
– 2002: |
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In
2002, the company acquired a 60% interest
in Lane Clark & Peacock (“LCP”),
an actuarial consultancy in the UK, and
also Bufete de Consultoria Actuarial in
Mexico. Subsequently, LCP also acquires
actuarial businesses in Belgium and Switzerland. |
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2001
brings consolidation of a number of overseas
acquisitions including the retail interests
of Bradstocks, Alfred Blackmore in the UK
and Martin Gray in the Channel Islands.
These provide services to local and expatriate
clients. |
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2003: |
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In
2003, 30% of our South African business
is sold to a Black Economic Empowerment
consortium led by Shanduka Group. 5% is
held by the Alexander Forbes Community Trust,
which supports causes related to our business,
namely the aged, disabled, women, persons
affected by HIV/Aids and education. A similar
empowerment transaction is concluded with
Cherish Investments in respect of our Namibian
business. |
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2004
– 2005: |
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VenFin
becomes our largest shareholder in 2004,
owning 24,9% in
Alexander Forbes Limited. |
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Alexander
Forbes’ commitment and resources are
recognised through a number of awards including
innovation, service standards and our commitment
in combating HIV/Aids. |
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