Question NW2140 to the Minister of Higher Education and Training

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27 September 2017 - NW2140

Profile picture: Bara, Mr M R

Bara, Mr M R to ask the Minister of Higher Education and Training

With reference to his reply to question 2438 on 6 December 2016, for each institution awarded a grant by the Insurance Sector Education and Training Authority in the 2015-16 financial year, (a) what was the rand amount awarded to each institution, (b) what qualifications were awarded by each institution and (c) how many students were awarded each type of qualification at each institution?

Reply:

Institutions

(a) Amount Awarded

21st Century Life Pty Ltd

R 80 000.00

Absa Makelaars

R 20 000.00

Alexander Forbes Consultation & Actuaries a division of AFFS (Pty) Ltd

R 120 000.00

Alexander Forbes Insurance Company (Pty) Ltd

R 40 000.00

Alexander Forbes Financial Services (Pty) Ltd

R 2 414, 000.00

Aon South Africa Pty (Pty) Ltd

R 996 000.00

Assupol Life

R 160 000.00

Atfin Consulting (Pty) Ltd

R 20 000.00

Avbob Mutual Assurance Society

R 400 000.00

Basebetsi Medical Scheme Brokerage

R 412 000.00

Brolink Edms Bpk Gerhard Str 85

R 20 000.00

Bsg Short Term (Pty) Ltd

R 80 000.00

Camargue Underwriting Managers (Pty) Ltd

R 56 000.00

Cedar Employee Benefits (Pty) Ltd

R 60 000.00

CIB Insurance Administrators (Pty) Ltd

R 180 000.00

Clientele Legal

R 80 000.00

Clientele Life Assurance Company

R 460 000.00

Commrisk Insurance Brokers

R 56 000.00

Compendium Insurance Group (Pty) Ltd

R 80 000.00

Constellation Financial Solutions

R 80 000.00

Coris Capital (Pty) Ltd

R 616 000.00

Discovery Health Medical Scheme

R 1 180 000.00

Econorisk (Pty) ltd

R 40 000.00

Ensimini Financial Services

R 112 000.00

Expede

R 132 000.00

Forbes Financial Services Group (Pty) Ltd

R 360 000.00

Glenrand M.I.B. (Pty) Ltd

R 20 000.00

Group Risk Management Services (Pty) Ltd

R 20 000.00

Hollard Commercial and General (Pty) Ltd

R 76 000.00

Hollard Insurance Company (Pty) Ltd

R 56 000.00

Hollard Life Assurance Co. Ltd

R 1 456 000.00

Hotline Administrative Services (Pty) Ltd

R 336 000.00

Indwe Risk Services(Pty) Ltd

R 232 000.00

Insurance and Medical Aid Consult

R 60 000.00

John Farelo & Associates cc

R 40 000.00

Kia Motors Vryheird

R 20 000.00

Kunene Makopo Risk Solutions

R 20 000.00

Lakshmi Brokers

R 56 000.00

Lateral Unison Insurance Brokers

R 468 000.00

Leppard & Associates (Pty) Ltd

R 76 000.00

Liberty

R 3 808 000.00

Liberty Life Association of Africa

R 472 000.00

Marsh

R 504 000.00

Maxi Groepskemas (Edms) Bpk

R 396 000.00

Medscheme

R 80 000.00

Medway Marketing (Pty) Ltd

R 336 000.00

Metropolitan Health

R 580 000.00

Metropolitan Lewens

R 20 000.00

MMI Group (Pty) Ltd

R 80 000.00

Momentum Lewensversekeraars Binnepersoneel

R 192 000.00

Mortimer Toyota (Pty) Ltd

R 140 000.00

Motorite Administrators (Pty) Ltd

R 460 000.00

Mountbatten Insurance Consultants

R 20 000.00

Munich Reinsurance Co. of SA

R 20 000.00

Mutual & Federal Ins Co. Ltd

R 1 600 000.00

Mutual and Federal Black Broker

R 1 252 000.00

Ncedisa Funeral Scheme

R 60 000.00

NMG

R 20 000.00

Old Mutual Life Assurance Company South Africa

R 1 488 000.00

Old Mutual Specialised Finance (Pty) Ltd

R 20 000.00

One Life Direct Insurance (Pty) Ltd

R 60 000.00

Outsurance

R 540 000.00

Private Health Administrators (Pty) Ltd

R 20 000.00

Professional Provident Society Ltd

R 224 000.00

Profin Financial Solutions

R 40 000.00

Psg Konsult Bpk

R 56 000.00

Regent Business School (Pty) Ltd

R 220 000.00

Regent Insurance Company Ltd

R 728 000.00

RGA Reinsurance Company of South Africa Ltd

R 96 000.00

Sanlam Life Insurance Ltd

R 1 196 000.00

Sansure cc

R 120 000.00

Santam Versekeringsmaatskappy

R 2 560 000.00

Scottfin Insurance Brokers

R 80 000.00

Sechaba Securities t/a Sechaba Brokers

R 168 000.00

Silica Holding (Pty) Ltd

R 40 000.00

Stalker Hutchison Admiral (Pty) Ltd

R 76 000.00

Steadfast Insurance Brokers cc

R 20 000.00

Structured Wealth Management

R 20 000.00

Talksure Trading (Pty) Ltd

R 20 000.00

Taxi and Transport Insurance

R 20 000.00

The Lawyer`s Voice

R 40 000.00

Universal Care (Pty) Ltd

R 168 000.00

Vision Insurance Brokers

R 20 000.00

VKN Financial Services

R 96 000.00

Zurich Insurance Company South Africa Ltd

R 1 176 000.00

Institution

  1. Qualification Awarded
  1. No. of Students

21st Century Life (Pty) Ltd

FETC: Wealth Management NQF L4

4

Absa Makelaars

Intermediary: Long Term Insurance Category C NQF Level 5

1

Alexander Forbes Consultation & Actuaries a division of AFFS (Pty) Ltd

Wealth Management NQF 5

6

Alexander Forbes Insurance Company Ltd

Short Term Insurance

2

Alexander Forbes Financial Services (Pty) Ltd

Wealth Management NQF 5 & Short Term Insurance

83

Aon South Africa (Pty) Ltd

Short Term Insurance

21

Assupol Life

NC: Financial Services Administrator NQF Level 3 & Wealth Management NQF 5

8

Atfin Consulting (Pty) Ltd

Short Term Insurance

1

Avbob Mutual Assurance Society

Long Term Insurance

20

Basebetsi Medical Scheme Brokerage

FETC: Wealth Management NQF L4

8

Brolink Edms Bpk Gerhard Str 85

Short Term Insurance

1

BSG Short Term (Pty) Ltd

FETC: Wealth Management NQF L4 & Short Term Insurance

4

Camargue Underwriting Managers (Pty) Ltd

Short Term Insurance

1

Cedar Employee Benefits (Pty) Ltd

FETC: Wealth Management NQF L4 & Long Term Insurance

3

CIB Insurance Administrators (Pty) Ltd

Short Term Insurance

9

Clientele Legal

Short Term Insurance

4

Clientele Life Assurance Company

Wealth Management NQF 5 & Medical Claims Assessing

23

CommRisk Insurance Brokers

Short Term Insurance

1

Compendium Insurance Group (Pty) Ltd

Short Term Insurance

4

Constellation Financial Solutions

Short Term Insurance

4

Coris Capital (Pty) Ltd

Wealth Management NQF 5

11

Discovery Health Medical Scheme

Long Term Risk Assessment, Short Term Insurance & Wealth Management NQF 5

23

Econorisk (Pty) Ltd

Short Term Insurance

2

Ensimini Financial Services

FETC: Wealth Management NQF L4

2

Expede

Retail Insurance

3

Forbes Financial Services Group (Pty) Ltd

Short Term Insurance

9

Glenrand M.I.B. Ltd

Short Term Insurance

1

Group Risk Management Services (Pty) Ltd

Short Term Insurance

1

Hollard Commercial And General (Pty) Ltd

Short Term Insurance

2

Hollard Insurance Company Ltd

Short Term Insurance

1

Hollard Life Assurance Co. Ltd

Long Term Insurance & Short Term Insurance

26

Hotline Administrative Services (Pty) Ltd

Short Term Insurance

15

Indwe Risk Services(Pty) Ltd

Short Term Insurance

8

Insurance and Medical Aid Consult

Short Term Insurance

3

John Farelo & Associates cc

Short Term Insurance

2

Kia Motors Vryheird

Short Term Insurance

1

Kunene Makopo Risk Solutions

FETC: Wealth Management NQF L4

1

Lakshmi Brokers

Short Term Insurance

1

Lateral Unison Insurance Brokers

Retail Insurance

9

Leppard & Associates (Pty) Ltd

FETC: Wealth Management NQF L4 & Short Term Insurance

2

Liberty

Long Term Insurance

68

Liberty Life Association of Africa

Retail Insurance

11

Marsh

Short Term Insurance

9

Maxi Groepskemas (Edms) Bpk

FETC: Wealth Management NQF L4 & Short Term Insurance

18

Medscheme

Wealth Management NQF 5

4

Medway Marketing (Pty) Ltd

Wealth Management NQF 5

6

Metropolitan Health

Medical Claims Assessing

11

Metropolitan Lewens

Intermediary: Long Term Insurance Category C NQF Level 5

1

MMI Group Ltd

Wealth Management NQF 5, Long Term Insurance & Long Term Risk Assessment

4

Momentum Lewensversekeraars Binnepersoneel

Intermediary: Long Term Insurance Category C NQF Level 5, Wealth Management NQF 5 & Long Term Risk Assessment

6

Mortimer Toyota (Pty) Ltd

Short Term Insurance

7

Motorite Administrators (Pty) Ltd

Retail Insurance

23

Mountbatten Insurance Consultants

Short Term Insurance

1

Munich Reinsurance Co. of SA

Short Term Insurance

1

Mutual & Federal Ins Co. Ltd

Short Term Insurance

44

Mutual and Federal Black Broker

Short Term Insurance

23

Ncedisa Funeral Scheme

FETC: Wealth Management NQF L4

3

NMG

Long Term Insurance

1

Old Mutual Life Assurance Company South Africa

FETC: Wealth Management NQF L4 & Wealth Management NQF 5

51

Old Mutual Specialised Finance (Pty) Ltd

Wealth Management NQF 5

1

One Life Direct Insurance (Pty) Ltd

Wealth Management NQF 5

3

Outsurance

Short Term Insurance

27

Private Health Administrators (Pty) Ltd

Wealth Management NQF 5

1

Professional Provident Society Ltd

Wealth Management NQF 5

4

Profin Financial Solutions

Short Term Insurance

2

PSG Konsult Bpk

Wealth Management NQF 5

1

Regent Business School (Pty) Ltd

Short Term Insurance

11

Regent Insurance Company Ltd

Short Term Insurance

13

RGA Reinsurance Company of South Africa Ltd

FETC: Wealth Management NQF L4

3

Sanlam Life Insurance Ltd

Long Term Insurance

22

Sansure cc

Short Term Insurance

6

Santam Versekeringsmaatskappy

Short Term Insurance

47

Scottfin Insurance Brokers

Short Term Insurance

4

Sechaba Securities t/a Sechaba Brokers

Short Term Insurance

3

Silica Holding (Pty) Ltd

Wealth Management NQF 5

2

Stalker Hutchison Admiral (Pty) Ltd

Short Term Insurance

2

Steadfast Insurance Brokers cc

Short Term Insurance

1

Structured Wealth Management

Wealth Management NQF 5

1

Talksure Trading (Pty) Ltd

Short Term Insurance

1

Taxi And Transport Insurance

Short Term Insurance

1

The Lawyer`s Voice

Short Term Insurance

2

Universal Care (Pty) Ltd

Short Term Insurance

3

Vision Insurance Brokers

Long Term Insurance

1

VKN Financial Services

Short Term Insurance

3

Zurich Insurance Company South Africa Ltd

Short Term Insurance

21

Total

810

COMPILER/CONTACT PERSONS:

EXT:

 

DIRECTOR – GENERAL

STATUS:

DATE:

QUESTION 2140 APPROVED/NOT APPROVED/AMENDED

Dr BE NZIMANDE, MP

MINISTER OF HIGHER EDUCATION AND TRAINING

STATUS:

DATE:

Source file