CTU wins Business Day Editor's Award

October 21, 2004

Clarendon Transport Underwriting Managers, which insures thousands of SA's minibus taxis, won the Business Day Editor's award as part of the awards programme.

 

Winner of the Editor's Award, Clarendon Transport Underwriting Managers, says it currently insures 95% of insured taxis and has 25000 policyholders.

 

"Our niche approach and sound underwriting principles have ensured year-on-year profit in a sector where most feared to tread," says head of the company Louis Fivaz.

 

The company said it assisted in the development of many successful brokers from previously disadvantaged communities. The awards programme is sponsored by KPMG, Wits Business School, Business Day and Proudly South African.

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