If you are searching what Assupol is, you’ll find this blog post useful as it has all details regarding this insurance company. It is a comprehensive blog post entailing everything about this insurance company, from when it was founded to how it developed into a big company.
It remains a common name in the South African insurance industry as it is among the top insurance companies in South Africa.
The company has its products tailored to meet the needs of all South Africans; thus important to understand this company is interested in buying any of its products.
What Is Assupol
Assupol is one of South Africa’s oldest insurance companies. For almost a century, the corporation has provided services to South Africans.
The business is still going strong and has grown into something even bigger.
South Africa’s Assupol was formed in 1913.
The company was originally established as a burial society for personnel of the South African Police Service. It began as a modest business and has become a large corporation with locations throughout South Africa.
It is a full-fledged life insurance company that serves those who serve and frequently sets the bar with new products and services.
In addition, the company has become a household name, synonymous with great customer service and cost-effective products targeted to our target market.
But, more importantly, after more than a century, The company had remained the humane corporation it had been when it was formed.
How Assupol Developed
Assupol has grown into a large corporation over the years. If you have a policy with the policy or are interested in learning more about them, you must be aware of its growth.
To begin, you should be aware that several intermediary companies use the Assupol brand. More importantly, you should be aware that the Assupol Group’s holding company is Assupol Holdings Ltd. The Group’s wholly-owned subsidiaries are Assupol Life Ltd and Assupol Investment Holdings (Pty) Ltd.
Assupol Life Ltd
Assupol Life Ltd is a registered life insurer and a licensed financial services company. Assupol Life caters to the South African market with low-cost burial, life, savings, investment, and retirement products.
Assupol Life acquired cornerstone Brokers Corporate (Pty) Ltd in 2017, Prosperity Life Ltd in 2012, and Top Business Consultants (Pty) Ltd in 2018.
With the exception of Prosperity Life Ltd, which was deregistered, all firms are dormant subsidiaries of Assupol Investment Holdings (Pty) Ltd.
Assupol Investment Holdings (Pty) Ltd
Assupol Investment Holdings (Pty) Ltd is an investment-holding company, and it holds the Group’s strategic investments.