Acquisition News | Cinque becomes the largest credit insurance broker in South Africa

Cinque is proud to announce the acquisition of Dynamic Specialist Credit Insurance Brokers (Pty) Ltd; effective 1 July 2016. Dynamic is a superb business that has built up a substantial book of clients over the last 19 years. The principals of the business are Mark Hollow and Malcolm Auton, both very experienced credit insurance brokers with in excess of 25 years' experience in the industry, gained firstly as underwriters and secondly as a credit insurance brokers. Both will be joining our team and we look forward to the value they will add to our existing portfolio. Mark and Malcolm also bring specific expertise to industries in which Cinque has not had much market penetration to date.

The success of Dynamic has been due to their close client relationships, and solving problems quickly and efficiently. This fits exactly within Cinque's approach to client service.

As result of the acquisition Cinque will now be the largest credit insurance brokerage in South Africa - in terms of revenue - with a staff compliment of 35 people.

If you would like more information about the acquisition and what it will mean regarding our ability to service our clients, please give either Stefan Schoeman or Darrell von Broembsen a call.