Outsurance expands namibian products

Leading Southern African direct short-term insurance company, OUTsurance, announced the launch of its car and household contents product lines in Namibia in January 2008, complementing its homeowners insurance cover, which has been available in Namibia since July 2007. The launch means that Namibians can now enjoy access to a wider range of value-for-money products and superior service for which OUTsurance has become renowned. 

"We are delighted to share the remainder of OUTsurance's personal product lines with Namibian consumers," enthuses Adv. Vekuii Rukoro, CEO of the FNB Namibia Group, parent of Swabou Insurance, the license holder for the OUTsurance Namibia products. "This will allow them access to insurance cover that comes with the OUTsurance reputation of value for money products and excellent service levels." 

OUTsurance has established itself as an innovative insurer, pioneering product features such as the OUTbonus, a cash lump sum paid back to clients who have been fortunate enough not to claim for a three year period. "The company is also able to offer outstanding value-for-money because of the innovative way it has structured and streamlined its service," explains Rukoro. 

OUTsurance is also known for its flexibility, through its willingness to fashion tailor-made packages to suit clients' specific requirements. Customers can opt for higher excesses to further reduce their premiums or choose a low flat excess to avoid unnecessary surprises when they claim. 

"OUTsurance also guarantees that a client's premium will remain unchanged for a full year, whether a client claims or not," maintains Rukoro. 

"In its commitment to awesome service, OUTsurance has already undertaken a thorough review of our approved service providers to ensure that Namibian customers enjoy the same stringent quality and service standards," confirms Rukoro. 

While conceding that there has been some confusion about OUTsurance's entry into Namibia, with another company called ‘Cashout Surance' imitating the leading insurer's brand and model, Rukoro is quick to point out that the good news for Namibian consumers is that the full range of the real OUTsurance's products and services are now available, adding that "it is backed by a financially strong company that is committed to substantiating its claim that with OUTsurance you always get something out." 

For additional information about the January 2008 launch or further details about any of the OUTsurance Namibia products, call OUTsurance direct on (061) 306 081 or visit its website at www.outsurance.com.na 

About OUTsurance South Africa 
OUTsurance is a direct short-term insurance operation within the RMBH FirstRand stable, a leading South African financial services group. Launched in February 1998, OUTsurance soon captured the imagination of the public with its innovative approach that included a suite of products with a range of special features and benefits. On 1 January 2000, OUTsurance merged with First National Insurance, a company within the same group. The merger formed part of the broader FirstRand bank assurance strategy and consolidated the group's short term insurance business. As a result, OUTsurance became one of the leaders within the industry in offering House Owners Insurance cover to bond account holders.