Louis de Wet has been involved in crop insurance in South Africa for the past 31 years and has gained experience which includes product and market development, underwriting, loss adjusting, claim settlement and marketing.
Absa bank is the largest commercial bank in South Africa. Absa has re-established its focus on the agricultural market over the past number of years. This lead to the establishment of a bancassurance model which also specialises in agricultural production insurance, with a strong emphases on crop insurance.
During the past five years this agricultural production insurance division has grown to become one of the leading role players in the South African crop insurance market. Among the main objectives of the agricultural production division, is the development of innovative processes to improve underwriting and assessing.
Company official web-site: http://absa.co.za