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Hollard insured for success

In a climate where the insurance sector has been laying off staff and offshoring, one company, Hollard, the global financial services business with more than 6.5 million policy holders worldwide, has swelled the number of Australian employees by 38% in three years.

Last month alone 60 new employees joined the Group. It has opened new offices in Chatswood to accommodate the rapid growth and is looking to fill new positions in this office as well as its Bella Vista office particularly across its Service and Claims divisions.

Since launching onto the Australian market 14 years ago, Hollard has swelled from five to 826 employees and launched four businesses; the Hollard Australia Group, Hollard Insurance Company, Hollard Financial Services (distributing and administering Life Insurance products under various brands), and Real Insurance, which was Hollard’s first move into the retail market in 2005 and now includes Real Home and Contents and Car Insurance.

Australian founder and managing director of Hollard Australia Group, Richard Enthoven said: “The growth of the business can be attributed to three things: Doing the right thing by our employees, shareholders, partners, and suppliers; Building stable, sustainable relationships with suppliers and partners; and, aligning our interests with our partners and fostering as competitive an environment as possible for all retail partners.” Said Mr Enthoven: “Many years ago we identified a gap of working with non-traditional distributors of insurance to provide innovative products for their clients.

“The Australian insurance market was mature and dominated by a few key players but legacy systems prevented it from being innovative. Our focus on innovation has resulted in the invention of entirely new categories of insurance such as direct life, pet insurance, bicycle insurance and pay-by-the-kilometre-style motor insurance which enables customers to save and pay less on their insurance by driving less. “We will continue to innovate and in particular have been exploring non-traditional points of distribution such as retailers, aggregators, and online players.”

In this regard Hollard has built robust distribution franchises with Medibank, RSPCA Australia, Woolworths, Aussie Home Loans and Australian Seniors.

Said Mr Enthoven: “We will continue to invest in the next industry disruptors such as aggregators and to build platforms such as the Choosi insurance aggregation platform.”

Hollard now has operations in Australia, Africa, Europe, India, China, and the United States

Media inquiries:

Craig Badings
Cannings Corporate Communications
02 8284 9991

 

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