PSG Insure acquires Airborne Insurance Consultants

PSG Insure aviation team acquired Airborne Insurance Consultants, an independent aviation insurance specialist in South Africa.

PSG Insure’s aviation team, under the management of our aviation specialist advisory office run by Reon Wiese, forms part of PSG Konsult, which is listed on the Johannesburg and Namibia stock exchanges. It is made up of a team of specialised aviation insurance brokers with more than 100 years combined insurance experience.

The move positions PSG Insure as one of the biggest aviation insurance brokerages in South Africa, and the only one that offers a full-service offering across all classes of short-term insurance (commercial and personal lines).

“PSG offers a comprehensive range of products to meet a full suite of client needs and has established relationships with respected product providers. It also offers the benefit of an influential brand, watertight legal and compliance infrastructure, and technological capabilities,” said Scott Smith, managing director of Airborne Insurance Consultants.

For PSG, the Airborne Insurance team brings significant aviation insurance experience and a substantial client footprint across Africa and South Africa. The move has increased the number of aircraft owners insured through PSG to over 1,000.

Read: PSG Konsult full year headline earnings per share up 16%

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PSG Insure acquires Airborne Insurance Consultants