1 year ago

Blue Chip Issue 83

  • Text
  • Fpi
  • Hollard
  • Liberty
  • Offshore investing
  • Equity
  • Outsurance
  • Financial planning
  • Financial
  • Financialservices
  • Investing
  • Advisor
  • Planner
  • Momentum
  • Global
  • Coaching
  • Professionals
  • Investors
  • Investments
  • Funds
Blue Chip Journal is the official publication of the Financial Planning Institute of Southern Africa NPC (FPI), effective from the January 2020 edition. Blue Chip is a quarterly journal for the financial planning industry. Blue Chip publishes contributions from FPI and other leading industry figures, covering all aspects of the financial planning industry. Visit Blue Chip Digital:


BLUE CHIP FINANCIAL SERVICES technology we employ in our business is self-built, proprietary, and developed for very specific purposes. It’s fundamental to how we make insurance and investing simpler for our clients and how we enable our partners. What’s more, as a consequence, we’re blessed with a lot of quality data. This, in combination with our tech and our deep actuarial and data analytics capabilities, allows us to make data-driven decisions that gives us a real competitive advantage. As a business expands into new products offerings and new service avenues, it becomes more challenging to maintain brand clarity. Not so, for OUTsurance. How have you managed this? Change is good, provided you don’t change what you stand for. Like I mentioned before, our reason for being has never had to be altered. This has resulted in our brand promise to South Africa being consistent after all this time – You always get something OUT. Operationally speaking, we have a set of core values, written on our walls and running through our veins, that guide our decisions every single day. Yes, we’re bigger. We get to offer a lot more quality financial services to a much larger audience, but it’s always uniquely OUTsurance in flavour – simple to understand, value for money products, coupled with awesome service. Our purpose has always been clear – we want to disrupt the markets in which we operate, with a clear focus on simplicity and awesome customer service. With the introduction of our intermediated distribution channels, we now get to welcome like-minded people on our journey. If you work with us, chances are that you believe in the same things we do, which ultimately benefits our shared clients. With all these successes so far, what is next for the OUTsurance journey? We’re unbelievably fortunate to be a growing business. Of course, a lot of hard work goes into being fortunate, and we continuously look for the incremental improvements that keep us moving forward. We don’t take anything for granted. Our headcount now sits at over 5 200 OUTies, across South Africa alone, which has grown by over 1 000 in the last couple years, despite the pandemic and a sluggish economy. More about Danie Matthee After joining OUTsurance in 2002 as a sales advisor, Matthee quickly rose through the ranks. By 2005, he had joined the OUTsurance Executive Committee as Head of Sales, and in 2007 assumed the role of Chief Operating Officer for OUTsurance. In 2010 he joined the team at Youi Insurance in Australia – a subsidiary of OUTsurance Holdings and was the Chief Executive until returning to South Africa in 2017 as the Chief Executive Officer for OUTsurance South Africa including OUTsurance Life and OUTvest. He also serves as Non-Executive Director of the South African Insurance Association (SAIA). We’re concentrating on further growth and continuing to build trust with our clients and beyond. Our key focus areas are incrementally growing our market share in personal lines, expanding our presence in the business insurance market, building out the independent financial advisor channel for OUTvest and continuing to scale our life and funeral businesses. Importantly, all of this happens in a very deliberate and disciplined way to ensure profitable growth and the best customer service in South Africa. | OUTsurance and OUTsurance Life are licensed insurers and FSPs. OUTvest is an authorised FSP. All our investments are exposed to risk, not guaranteed and dependent on the performance of the underlying assets. Traditional investments refer to investments that include a fee for advice, administration and fund management. Staff growth: 23 March 2020 to date. Ts, Cs and limits apply. 26

Service more clients. In less time, with less admin and at a lower cost. Welcome to OUTvest for Financial Advisors With our co-branded investment platform, you can plan a client’s investment and onboard them in a single interaction – no paperwork. We’ll even handle transfers. Ongoing advice? It’s just as easy, thanks to automated annual reviews, along with our advanced investment tracking and monitoring that gives you real-time information when you need it. Scan the QR code or visit for more information. OUTvest is an authorised FSP. Ts and Cs apply. OV22/0319/E

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