AFGRI extends financial services offering to Northern Cape
Leading agricultural services, food processing and grain commodities company Afgri is expanding its financial services offering to the Northern Cape through a working relationship with UNIGRO Financial Services and KLK Landbou.
- Johan Geel, Group Financial Director of AFGRI Limited, was nominated for this year's CFO Awards.
The agreement with KLK was followed by the establishment of a working relationship between UNIGRO and Indwe Risk Services, a leading personal, business and specialist risk and insurance advisory business.
Theo Potgieter (pictured), Insurance Director at UNIGRO, says the agreement offers new opportunities to both entities.
"UNIGRO together with KLK will be able to expand its crop insurance and asset insurance offering to established as well as emerging farmers in the region, whilst KLK will have the opportunity to target large corporate clients with the assistance of UNIGRO. The working relationship will place emphasis on the KLK clients especially those not insured via KLK."
Potgieter added that the collaboration with Indwe creates an opportunity for UNIGRO to expand into Africa through Indwe's Allied Africa Broker Network, an integrated network of independently African-owned and operated short-term insurance brokers.