BMW FS and IUM to create a powerhouse amalgamation to provide comprehensive coverage

14 October 2015
Antonio Iozzo

Bedfordview, Johannesburg – Insurance Underwriting Managers has the privilege of announcing today that it will be partnering with BMW Financial Services, effective 01 April 2016. After a rigorous tender process, the decision has been made that going forward into 2016, the BMW FS motor and household insurance products will be administered by IUM.

To address the ever-increasing demands on the financial services sector, BMW FS and IUM will provide a premium product and service that BMW clients have come to expect from the well-established brand.

“Every client is unique, every situation is different. Clients turn to IUM for a host of reasons but in most cases, it boils down to a single word: Trust,” says Antonio Iozzo, IUM’s CEO.

IUM's years of experience working in support of the short-term insurance community have put it in the forefront of clients' trust. IUM has initiated a perspective on client satisfaction, starting with an enthusiastic outlook of the company’s staff. With this point of view, IUM’s employees have created a ripple effect for the positive attitude to speak for the company as a whole, extending to clients and assisting with growth. This approach of breeding success from the inside out has proven to be a prosperous endeavour spearheaded by Antonio himself.

Antonio adds, “Over time, with the right mix of products and people, you begin to build a reputation for delivering the right product at the right time. Our relationships are founded on a genuine interest in creating win-win scenarios that benefit all stakeholders.”

IUM has an extensive range of tailor-made personal and commercial insurance products and services – from cover for individuals all the way to multinational corporations. IUM’s employees are dedicated to making the best insurance products, and to leaving the insurance industry better than we, as a company, found it.