Africa's Insurance Market
CEO, Indwe Broker Holdings
About Peter Olyott
Peter Olyott has been leading one of South Africa’s largest insurance brokers for nearly a decade. Recently, the company was acquired by Santam Insurance ↗, South Africa’s largest insurer. South Africa accounts for approximately 70% of Africa’s insurance market, and Peter has been heavily involved in this industry for many years. He holds the position of CEO at Indwe Broker Holdings and Indwe Risk Services ↗, serving as the current President of the Financial Intermediaries Association of South Africa and a Fellow of the Insurance Institute of South Africa. With his extensive experience as a seasoned insurance professional and CEO of a century-old company, Peter is well-suited to offer insight on insurance matters in the agriculture industry. During his talk, Peter will address the challenges insurers face when taking on risk in agriculture and how mitigating risk can promote food security.
About Indwe Broker Holdings
Indwe Risk Services has a massive presence in South Africa’s insurance landscape, boasting a legacy of over a century. Recently, it found itself under the wing of Santam, the nation’s largest insurance conglomerate. In a country where the insurance sector accounts for a commanding 70% share of the African global insurance market, Indwe is not just a key player but a pioneering force, reshaping the contours of Africa’s insurance market.
Africa’s Insurance Market
This series centers on Food Security and the market prospects for AgriTech startups that use AI and remote sensing to decrease agricultural risks by implementing a consistent, efficient, and expandable method to measure and insure risks. Food security is a global issue, particularly in Africa, where farmers face the main problem of accessing capital. Without working capital, farmers struggle to make progress and provide food for the continent. To secure funding, farmers require insurance to cover capital risk. Insurance providers need a standardized and expandable approach to efficiently assess risks, customize premiums, and provide farmers with yield optimization insights.
On-Demand Ticket: $99
Free with an Anual Pass
This event is in the past and is currently available only On-Demand!