LMI Group registered the company name LMI Online Broker Tools (Pty) Ltd in South Africa today, entering an exciting new phase of its operations.
Ms Sandra Boy will head up the operation, marketing LMI Group’s very popular suite of online tools. The first stable of products to be launched will be LMI BICalculator, followed shortly by LMI PolicyComparison.
The primary driver of this company is to provide training and online tools to the insurance community to assist business owners in having the right cover in place, with an adequate sum insured, ensuring that the business survives a crisis caused by an insurable event.
The establishment of the South African company coincides with the signing of a joint venture agreement with UK based company, Claims Advantage, to market the products in the UK and Europe. This takes the products developed by
LMI Group in Australia to a global position.