Merchant West is among South Africa’s biggest independently owned professional monetary services groups, running throughout South Africa, Namibia, Isle of Man and Mauritius. The group supplies a thorough variety of professional monetary services throughout 3 core locations of Finance, Invest and Insure.
Established in 1988, FPM Group is a recognized South African monetary services group with an essential strength in its short-term insurance coverage brokerage, offering customized cover for people and services through expert threat suggestions, declares help and enduring relationships with customers and insurance providers. Along with this, FPM provides wealth and financial investment preparation, retirement services and staff member advantages. Its concentrate on customised, specialist suggestions has actually made it an appreciated existence in the South African monetary services market.
“The risks our clients carry are growing more complex, and a standard policy rarely accounts for all of them. They need advice from specialists who understand their business,” states Braam Viljoen, creator and CEO of Merchant West Group.
“Wayne and his team have built FPM on that kind of expertise, one client relationship at a time. We have built Merchant West the same way. Our clients can now protect what they have built within the same group that helped finance it.”
“The value of a good business lies in what it becomes over time and in whose hands it is placed,” states Wayne Visser, creator and Group Managing Director. “We welcome Merchant West as the majority shareholder into our business and we are excited about being part of a bigger group that shares our respect for expertise and for the people it serves. Continuity matters in any long term relationship. Nothing changes as far as service, advice and client relationship is concerned, therefore clients will continue to deal with the same people they have come to know, now supported by the depth and reach of Merchant West.”
The acquisition develops short-term insurance coverage as a devoted offering within Merchant West, and the group plans to extend the service to customers throughout its departments.
About Merchant West
Merchant West is among South Africa’s biggest independently owned expert monetary services groups, running throughout South Africa, Namibia, Isle of Man and Mauritius. We operate in specific niche markets where our proficiency, versatility and speed line up to provide customized options that Go Beyond what standard organizations use. Our entrepreneurial culture sets us apart. Merchants by name, explorers at heart, we turn aspiration into truth.
About FPM
Developed in 1988, the FPM group of business is a professional supplier of danger, wealth management, fiduciary, short-term insurance coverage and worker advantages options for people and companies. Its company systems are staffed by professionals in their fields, showing the group’s belief that customers should have focused, devoted suggestions.
FPM Short Term Insurance Brokers is an authorised monetary providers (Reg No. 1993/004625/07 and FSP No. 8961).
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