Insights

Broker Network Strength CIB operates through a nationwide network of over 700 brokers, presenting a strong channel to cross-sell additional short-term insurance solutions such as personal lines, commercial lines, agricultural, and niche covers. Sales opportunities include expanding cross-sell to existing broker clients and leveraging brokers to reach underserved segments.

Premium Volume With over R1.4 billion in annual insurance premiums under management, there is substantial potential for upsell into higher-value policies, increased limits for high net worth clients, and expanded coverage options within Vertex for high net worth individuals and tailored commercial packages.

Niche Solutions CIB offers specialized covers (Vertex for high net worth, agricultural, engineering, marine, franchise, culinary) that can be packaged as bundled solutions for brokers targeting specific industries. Opportunity to develop vertically integrated product bundles and partner-exclusive endorsements to differentiate from competitors.

Operational Excellence The emphasis on fast turnaround times and robust claims handling creates a selling point for brokers seeking reliable service and superior customer experience. Leverage this to upsell premium policies and hospitalize client retention programs with brokers as preferred partner of choice.

Experience & Trust Long-standing market presence since 1994 and a management team with decades of underwriting and claims expertise position CIB as a credible partner for brokers and insurers. Use this credibility to win new broker partnerships, expand into new regions, and secure long-term multi-year renewals.

Similar companies to CIB

CIB Tech Stack

CIB uses 8 technology products and services including Crazy Egg, RSS, WordPress, and more. Explore CIB's tech stack below.

  • Analytics
  • RSS
    Content Management System
  • Content Management System
  • E-commerce
  • Email Security
  • Google Fonts API
    Font Scripts
  • Chart.js
    Javascript Graphics
  • Apache
    Web Servers

Media & News

CIB's Email Address Formats

CIB uses at least 1 email format:
CIB Email FormatsExamplePercentage
FirstL@cib.co.zaJohnD@cib.co.za
100%

Frequently Asked Questions

What is CIB's stock symbol?

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CIB is a publicly traded company; the company's stock symbol is CIB.

What is CIB's official website and social media links?

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CIB's official website is cib.co.za and has social profiles on LinkedIn.

How much revenue does CIB generate?

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As of October 2026, CIB's annual revenue is estimated to be $1B - $10B.

What is CIB's SIC code and NAICS code?

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CIB's SIC code is 6411 - Insurance Agents, Brokers, and Service and NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does CIB have currently?

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As of October 2026, CIB has approximately 488 employees across 4 continents, including Africa, Europe and North America. Key team members include Cfo: S. M., Head Of Assessing: T. N. and Managing Director: W. V. L. C. Explore CIB's employee directory with LeadIQ.

What industry does CIB belong to?

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CIB operates in the Insurance industry.

What technology does CIB use?

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CIB's tech stack includes Crazy Egg, RSS, WordPress, Shopify, Mimecast, Google Fonts API, Chart.js and Apache.

What is CIB's email format?

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CIB's email format typically follows the pattern of FirstL@cib.co.za. Find more CIB email formats with LeadIQ.

When was CIB founded?

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CIB was founded in 1994.
CIB logo

CIB

InsuranceGauteng, South Africa201-500 Employees

CIB is a South African underwriting manager in the insurance industry, based at 15e Riley Road, Riley Road Office Park, Johannesburg, Gauteng 2008. It operates through a nationwide network of short term insurance brokers and employs 201–500 people. Founded as a start-up in 1994, it has grown to serve the personal lines and commercial short term insurance markets. The company underwrites policies in personal and commercial spaces and provides administrative, systems, and technical support to its broker network to facilitate distribution of insurance solutions. Its product range includes Vertex for high net worth individuals, Personal Lines, Commercial Lines, Agricultural, Building, Engineering, Marine, Franchise, and Culinary covers; it works with more than 700 brokers nationwide and handles over R1.4 billion in annual insurance premiums.

Section iconCompany Overview

Website
cib.co.za
SIC Code
6411 - Insurance Agents, Brokers, and Service
Stock Symbol
CIB
NAICS Code
524 - Insurance Carriers and Related Activities
Founded
1994
Employees
201-500

Section iconFunding & Financials

  • $1B - $10B

    CIB's revenue is estimated to be in the range of $1B - $10B

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