We are CTU
CTU is the leading provider of insurance to the Taxi and Bus industry. It has over the last 25 years focused on meeting the needs of these industries while helping the community to grow sustainable businesses.
CTU has made its cause to “Create a Safe, Sustainable and Successful Taxi Community”. We believe that our multi-faceted industry has the ability to instill this ethos; creating a more conducive environment for all; safety for the commuters, a sustainable form of income for the drivers and successful businesses for the taxi owner.
CTU has created one of the largest previously disadvantaged owned network of brokers in South Africa.
Our strength lies in our stability, expertise and an excellent understanding of the Taxi and Bus Industry.
CTU has two very credible and supportive shareholders
Hollard Insurance, the short -term insurer in the Hollard Group of Companies.
Hannover Reinsurance, a truly South African and African Company. Hannover’s main shareholder is Hannover Reinsurance in Germany, Hannover Reinsurance Africa is also the fifth largest reinsurer worldwide and the largest in Africa.
CTU has a long history with the Taxi industry. We are witness to the progression of an industry born out of necessity and has blossomed into an industry that plays a vital role to our countries economy.
Our Staff are experienced in the matters relating to the operations of the bespoke market we operate in. CTU understands the absolute imperative of expedient claims settlement and conducts continuous training to staff in order to maximise operation efficiency.
CTU prides itself in offering products to our Brokers that are easily understood and sold to the ever- progressing taxi business owner.
Our products are developed with the following factors top of mind:
Trustworthiness – taxis work hard over vast distances every month and their ability to earn income is dependent on having an insurance cover that will allow for as little interruption as possible. This is vital to the profitability of their taxi business.
Affordability – the constantly rising price of fuel, tyres and spares make it important that the insurance is as cost effective for the type of vehicle, usage and route.
Safety – Passenger safety is top of CTU’s list of considerations in providing products to the taxi and bus industries.