


CIB
Insurance • Brakpan, Gauteng, South Africa • 201-500 Employees
Company overview
| Headquarters | 15E Riley Road, Riley Road Office Park, Johannesburg, Gauteng 2008, ZA |
| Phone number | +27114555101 |
| Website | |
| NAICS | 52 |
| SIC | 641 |
| Keywords | Personal Insurance, Commercial Insurance, Engineering Insurance, High Net Worth Insurance, Agricultural Insurance, Buildings Insurance, Franchise Insurance, Fuel Station Insurance |
| Employees | 201-500 |
| Socials |
CIB Email Formats
CIB uses 5 email formats. The most common is {first name}.{last name}@company.com (e.g., john.doe@company.com), used 54.7% of the time.
| Format | Example | Percentage |
|---|---|---|
{first name}.{last name}@company.com | john.doe@company.com | 54.7% |
{first name initial}{last name}@company.com | {first name initial}doe@company.com | 19.2% |
{last name}.{first name}@company.com | doe.john@company.com | 11.3% |
{first name}@company.com | john@company.com | 9.1% |
{first name}{last name}@company.com | johndoe@company.com | 5.7% |
About CIB
CIB is a proudly South African underwriting manager that deals through a network of short term insurance brokers countrywide. We have grown from a start-up in 1994 into a major player in the market for personal lines and commercial short term insurance and today service clients with over R1.4 billion in annual insurance premiums through a network of more than 700 brokers nationwide. CIB underwrites short term insurance policies in the personal lines and commercial space. We support a network of CIB brokers – from one-man operations in outlying areas to large corporate brokers – by providing them with the administrative, systems and technical support necessary to distribute our quality insurance solutions. The range of personal lines, commercial and niche insurance covers that we offer via our extensive broker network include: • VERTEX: Insurance for high net worth individuals • Personal Lines • Commercial Lines • Agricultural • Building insurance • Engineering • Marine • Franchise • Culinary We empower our brokers by offering an exemplary underwriting and claims handling experience, supported by our passionate and highly qualified employees. The CIB management team has decades of experience which we leverage to make it easy for brokers, administrators and insurers to underwrite new business and to process claims. CIB strives for service excellence by ensuring that our employees have the right attitude and are committed to lightning-fast turnaround times. CIB develops insurance solutions with a ‘quality over quantity’ mind set. We choose to distribute our solutions through a professional short term insurance broker network because we recognise that incredible value that good advice adds to the end-consumer. We believe that the advice our clients receive through our experienced, qualified and knowledgeable broker network is invaluable in ensuring they are covered for every eventuality. Privacy: https://www.cib.co.za/privacy-policy/
CIB revenue & valuation
| Annual revenue | $62,500,000 |
| Revenue per employee | $177,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Insurance industry and current estimated revenues | $200,000,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 201-500
Seniority
Employees
Employees by Department
CIB has 252 employees across 17 departments.
Departments
Number of employees
Funding Data
CIB has never raised funding before.
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