Telesure Investment Holdings: Reviews, Owner, Address, Salary (2024)

Telesure Investment Holdings (Pty) Ltd (TIH) operates as a prominent holding company within South Africa’s financial services sector, overseeing a diverse portfolio of insurers and a comprehensive comparison platform. Established on June 1, 1985, with Auto & General Insurance as its inaugural venture,Telesure Investment Holdings has grown into a conglomerate of subsidiaries, housing well-known brands.

TIH is known for its diverse portfolio of insurance brands, offering coverage in areas such as car insurance, home insurance, life insurance, and more.

Under the ownership of BHL (SA) Holdings Limited, Telesure Investment Holdings is a global entity with a presence in South Africa, the United Kingdom, France, Thailand, Singapore, Turkey, and Australia with the following subsidiaries:

  • 1life,
  • Hippo.co.za,
  • 1st for women,
  • Auto General,
  • Budget Insurance,
  • Dialdirect,
  • Renasa,
  • TIH Advisory,
  • Saxon,
  • SteynCity,
  • Compare the Market,
  • EasyCompare,
  • Koalay.com,
  • Hesapkurdu, and
  • LesFurets.com.

These brands cater to various segments of the insurance market, targeting different demographics and insurance needs.

Telesure Investment Holdings has grown to become one of the prominent players in the South African insurance sector, and its brands are recognized for their presence in the market.

The company focuses on providing innovative insurance solutions, often leveraging technology to enhance customer experiences and streamline insurance processes.

Who is the owner of Telesure Investment Holdings?

Telesure Investment Holdings: Reviews, Owner, Address, Salary (1)

BHL (SA) HOLDINGS Limited, a privately held company based in Bath House, 16 Bath Row, Stamford, Lincolnshire, United Kingdom (UK), PE9 2QU, stands as the owner of Telesure Investment Holdings (Pty) Ltd (TIH). Incorporated on December 3, 2018, this private limited company is presently under temporary closure.

Where is Telesure Investment Holdings Located?

TIH’s physical address is Auto & General Park, Dainfern, 1 Telesure Ln, Riverglen, Midrand, 2191, Gauteng, South Africa. This location serves as a central hub for the company’s operations and reflects its prominent presence within the South African financial services sector.

What is Contact Information for Telesure Investment Holdings?

For any inquiries or communication withTelesure Investment Holdings, you can reach out via the following contact details:

  • – Contact Number: +27(0)11 489 4000
  • – Email: info@tihsa.co.za

To initiate a physical interaction, here is the company’s work working hours which provides a framework for engagement, ensuring that inquiries and communications align withTelesure Investment Holdings’s operational schedule.

Working Hours:

  • – Monday to Friday: 08:00-17:00
  • – Saturday: Closed
  • – Sunday: Closed

Telesure Investment Holdings Review – Are They Good Employers?

Telesure Investment Holdings: Reviews, Owner, Address, Salary (2)

Telesure Investment Holdings (TIH) emerges from employee reviews as a multifaceted entity within the financial services sector, offering valuable insights into the company’s strengths and areas that could benefit from improvement.

Mamzanzi utilises a diverse pool of viewpoints from both present and past staff members in order to obtain significant insights into the intricacies of Telesure Investment Holdings (TIH).

Beginning with a favourable assessment from a current employee, Telesure Investment Holdings is hailed as a “exceptionally favourable environment to launch your professional journey,” characterised by a “melancholic” ambiance and abundant prospects for development. Despite this, the reviewer raises a potential drawback by expressing apprehension that growth could reach a plateau beyond a certain threshold.

Although not among South Africa’s 10 best employers, in terms of positive aspects, employees commend Telesure Investment Holdings for its good business structure, describing it as “amazing” and appreciating the company’s understanding of how to treat its employees.

The working environment at Telesure Investment Holdings receives consistent praise, with employees characterising it as fast-paced and agile. The recognition of the company as a happy home for “adrenaline junkies” speaks to the dynamic and engaging nature of the workplace. Moreover, the positive culture and favourable working hours contribute to the overall appeal of being part of Telesure Investment Holdings.

An employee who has accumulated more than five years of service at Telesure Investment Holdings highlights the favourable attributes of the organisation, placing particular emphasis on the commendable salary, comprehensive benefits, and flexible work schedule. However, they draw attention to a perceived sluggish rate of advancement, citing an absence of success in attaining a permanent position after six years, specifically in a managerial capacity before directing a guidance to the management that emphasises the significance of addressing mental health issues.

Employee feedback also highlights Telesure Investment Holdings as a fantastic company that takes excellent care of its employees, as indicated by a senior manager’s positive outlook.

however, the reviews also illuminate aspects that could be enhanced. Apprehensions regarding the application of an autocratic management style in particular positions or departments indicate the possibility of divergent management methodologies.

Recurrent themes in employee reviews pertain to compensation and reward systems, wherein concerns regarding inadequate remuneration, restricted salary increments, and insufficient bonuses are raised highlighting a perceived incongruity between effort and reward.

Operational complexities, such as extended workdays and restricted incentives or awards, give rise to concerns regarding the equilibrium between reasonable remuneration and work expectations.

A significant concern expressed in the reviews of Telesure Investment Holdings employees pertains to occurrences of abuse. In addition, the remarks pertaining to the insufficient allocation of resources towards technological advancements indicate a potential avenue for Telesure Investment Holdings to improve its operational efficiencies.

Asides from the constructive criticism, the majority of employee reviews express a favourable opinion regarding the organisational framework, workplace atmosphere, and dedication to staff of Telesure Investment Holdings.

The organisation is frequently praised by staff members for cultivating a positive corporate culture and a productive workplace. The favourable reviews also encompass the organisation’s physical space, operations, and resources, placing particular emphasis on the medical benefits, thereby enhancing the overall work environment.

however, there are apprehensions regarding the workload that employees endure, as evidenced by the sentiments of some who feel they are deprived of sufficient time to dedicate to their families.

One recommendation to management by a past employee outlined the importance of allocating adequate time for employees to attend to familial obligations, suggesting an aspiration for a more cohesive fusion of professional and personal spheres.

Positive aspects of working at Telesure Investment Holdings, as highlighted in reviews by novice developers, include a competitive compensation structure and the opportunity to grow professionally with the assistance of appropriate resources.

Still, there has been criticism regarding the refinement of the growth structure, specifically with regard to performance-based ratios and professional development criteria.

Other employees commend the company’s positive work environment and flexible schedules, which further establish Telesure Investment Holdings as an appealing employer in South Africa.

However, concerns regarding the limited potential for advancement in technology-related professions indicate the necessity for customised learning and development prospects within the technical sectors of the organisation.

Notably, certain reviews emphasise the necessity of implementing efficient management strategies, citing autocratic leadership in particular positions and the criticality of senior personnel paying attention to management.

A recurring motif in reviews concerns difficulties associated with salary, such as yearly increments that fall short of inflation and bonus systems that are predicated on organisational performance rather than individual accomplishments.

Telesure Investment Holdings: Reviews, Owner, Address, Salary (3)

Positive feedback has been received regarding Telesure Investment Holdings’ commitment to fostering a positive work environment and providing for its employees, indicating that the company places a high value on employee welfare. However, apprehensions regarding the absence of advancement prospects and acknowledgment for exemplary performance cast doubt on the efficacy of existing talent management methodologies.

One staff member, who is presently employed in a retention capacity as at time of writing this article, values the organization’s commitment to employee well-being and the complimentary access to LinkedIn learning courses and bursaries. However, according to him, there are factors to consider regarding the commission-based nature of the position and the inconsistent salary.

Former sales consultants provide valuable insights regarding the favourable employee benefits offered by Telesure Investment Holdings. However, they also highlight difficulties associated with the volatile nature of commission-based earnings.

On the other hand, a former retention representative unequivocally affirms that Telesure Investment Holdings is among the top-rated organisations in South Africa, praising its effective employee management practices and overall optimistic perspective.

A former intern in the role of digital content producer concurs with this optimistic viewpoint, praising the organisation’s values and culture while underscoring the intangible nature of any disadvantages identified.

A software developer-in-training recognises Telesure Investment Holdings as an excellent advancement opportunity, attributing this to the company’s effective management and contemporary work environment. However, they highlight the lack of bonuses at the entry level and the impossibility of salary increases.

On the contrary, an existing senior manager at Telesure Investment Holdings highlights the constraints and potential for development within their sector, as well as the lack of remote working alternatives. This viewpoint presents a more intricate facet of professional progression within the institution, potentially contingent upon the particular positions and divisions.

An individual with experience as a sales agent underscores the favourable earnings potential while also drawing attention to the difficulties associated with extended work hours, excessive demands, and micromanagement. He recommends to management that additional training is required to improve the treatment of employees, suggesting that enhanced management practices could enhance the employee experience.

In another section of employee reviews, customer service representatives articulate favourable opinions, characterising the organisation as exceptional, all-encompassing, and committed to the welfare of its staff. The lack of identified drawbacks and recommendations for administration suggests that these positions are generally well-received.

A novice software developer concludes by highlighting the company’s culture, pleasant benefits, and healthy workplace, but alludes to concerns regarding compensation growth, future satisfaction, and the necessity for change. His recommendation for management is to prioritise employee listening.

An existing Sales Team Leader at Telesure Investment Holdings extols the organisation’s agreeable working environment, which is described as “nice and very welcoming.”

In reflecting on their experience, a former customer service representative commends Telesure Investment Holdings for its commitment to staff development and upskilling. However, they assert that the importance of organisational processes and procedures is greater.

In contrast, Telesure Investment Holdings is characterised as a “great company” in a concise review by a present administrator. Although no explicit drawbacks are identified, they direct a recommendation to leadership implying a preference for improved organisational collaboration and interpersonal interactions.

A former employee of Lead Administration, in a review that explicitly examines the subsidiary Hippo, articulates discontentment, with particular criticism directed at the commission structure and quality of leadership, before recommending that management eliminate unqualified personnel.

Telesure Investment Holdings: Reviews, Owner, Address, Salary (4)

Senior software developers who work for Telesure Investment Holdings describe the company as a “great place to work,” praising the company’s professional culture, considerate management, and competitive salary. However, they cite the difficulty of functioning within a sizable organisation, where one is prone to becoming forgotten in the shuffle.

Currently employed in Johannesburg, a Sales Representative evaluates Telesure Investment Holdings as a 4.0 organisation and lauds it as a “great, nice company to work for.” However, they voice apprehensions regarding overtime and express discontentment with the salary framework, suggesting possible difficulties in remuneration.

A novice management accountant, possessing less than a year of experience, similarly holds a favourable opinion of Telesure Investment Holdings, highlighting the company’s hybrid business model and flexible work hours.

Another employee of Telesure Investment Holdings, a research analyst, expresses gratitude for the organisation’s policy permitting remote work that showcases a favourable attitude towards a flexible workplace. However, they propose that salaries and benefits be increased for employees.

A former sales consultant for Dainfern, on the other hand, evaluates the compensation as “okay” and emphasises that it is paid on time on a consistent basis.

However, the occasional occurrences of commission miscalculations that they draw attention to suggest possible difficulties within the compensation framework.

An alcohol brand ambassador considers employment at Telesure Investment Holdings beneficial, citing the ability to better comprehend individuals and their requirements, which enhances one’s sales abilities.

However, they convey their discontentment with the salary, asserting that “the monetary amount is insufficient.” Their recommendation to management suggests a preference for supplementary revenue prospects associated with the position.

An employee at Telesure Investment Holdings who specialises in claims acknowledges the existence of equitable and rational work hours. However, they highlight the disadvantage of cumbersome start times and propose that enhancements to the scheduling process could benefit the employees as a whole.

A former sales consultant emphasises the remarkable employment prospects at Telesure Investment Holdings, while also urging the cessation of prejudice and bigotry within the organisation.

Positive aspects such as a South African medical aid and generous company benefits are highlighted by the lead administrator, while concerns regarding working hours and the commission model are raised.

One senior sales consultant writes in a glowing review that Telesure Investment Holdings exemplifies a commitment to its employees and grants praise to its leadership.

Pros of Working with Telesure Investment Holdings

Based on employee reviews, here are some common pros of working at Telesure Investment Holdings:

  1. Good Working Environment: Employees appreciate the positive working environment and culture at Telesure, describing it as a great place to work.
  2. Benefits and Wellness: The company is acknowledged for providing good employee benefits, including wellness programs and access to resources like LinkedIn learning courses.
  3. Flexible Working Arrangements: In certain roles, there are mentions of flexible working hours and hybrid models, allowing employees some flexibility in their work arrangements.
  4. Employee Development: Telesure is recognized for investing in the development and upskilling of its staff, indicating a commitment to fostering the growth of its employees.
  5. Inclusive Culture: The company is praised for its inclusivity and having a strong company culture that leave feeling valued and part of a team.
  6. Corporate Social Responsibility: Telesure has been noted for its involvement in corporate social responsibility, contributing positively to the community and societal well-being.
  7. Client and Employee Focus: Reviews highlight a client retention focus, emphasizing a positive customer-centric approach, as well as management’s focus on employee well-being.
  8. Modern Office Facilities: The office buildings are described as modern and exciting, contributing to a pleasant working environment.

Cons of Working with Telesure Investment Holdings

Based on employee reviews and feedback, some common cons of working at Telesure Investment Holdings include:

  1. Long Working Hours: Several reviews mention long working hours, which might be a challenge for individuals seeking a better work-life balance.
  2. Salary Structure: Concerns have been raised about the salary structure not favouring employees, including issues related to low salary increases, bonuses, and commission calculations.
  3. Commission Challenges: In roles involving commission-based pay, there have been complaints about challenges with commission calculations, leading to inconsistencies and dissatisfaction.
  4. Management Issues: Autocratic management styles have been mentioned in specific roles, indicating that some employees may experience challenges with their supervisors or team leaders.
  5. Limited Growth Opportunities: Some employees express concerns about limited growth opportunities within the company, suggesting that career progression may be slow in certain roles.
  6. Pressure and Stress: The fast-paced environment may contribute to stress, particularly for roles that require resilience and deal with high-pressure situations.

Final Verdict: Is Telesure Investment Holdings a Good Company to Work for?

Diverse well-known brands representing various insurance segments suggest that Telesure Investment Holdings is an important participant in the South African insurance market. Telesure has exhibited a steadfast dedication to innovation through the strategic implementation of technological advancements that optimise operations and augment customer satisfaction.

Employee reviews offer a varied viewpoint. Although certain individuals appreciate the favourable conditions of the workplace, benefits, and career prospects, others harbour apprehensions regarding protracted workdays, remuneration frameworks, and managerial methodologies.

Mamzanzi thus stresses that it is imperative to recognise that employee experiences may differ according to departmental affiliations, personal viewpoints, and job functions.

In the end, Telesure Investment Holdings appears to have achieved success in the insurance industry by providing an extensive selection of products and services.

Nevertheless, it is advisable for prospective clients, staff, and stakeholders to engage in comprehensive investigation and take into account personal inclinations and priorities prior to developing their own assessments or choices concerning the organisation.

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Telesure Investment Holdings: Reviews, Owner, Address, Salary (2024)

FAQs

How much do Telesure investment holdings pay? ›

How much does Telesure in South Africa pay? The average Telesure monthly salary ranges from approximately R 4 860 per month for Sales Consultant to R 18 939 per month for Consultant. The average Telesure daily wage ranges from approximately R 346 per day for Consultant to R 346 per day for Sales Consultant.

Who owns Telesure Investment Holdings? ›

TIH is owned by BHL (SA) Holdings Limited. The success of Auto & General in South Africa led to the launch of insurance operations in the UK, Australia, Turkey, France and Singapore.

Which companies fall under Telesure? ›

With an impressive portfolio of well-known insurance brands such as First For Women; Budget; Auto & General; Dial Direct Insurance; AA Insurance; Virseker; Virgin Money Insurance; Ibuyeco; Unity Insurance; Prosper and 1Lifedirect – Telesure is one of the leading direct short-term insurance companies in South Africa.

What does Telesure offer? ›

Our portfolio includes short-term insurers, a long-term insurer, health insurance as well as an insurance and personal finance comparison platform.

What is the highest salary for an investment manager? ›

Investment Manager salary in India ranges between ₹ 2.8 Lakhs to ₹ 35.0 Lakhs with an average annual salary of ₹ 6.9 Lakhs. Salary estimates are based on 1k latest salaries received from Investment Managers.

Does investment management pay well? ›

Investment management can be a demanding profession but one that may offer lucrative rewards. Financial managers earned a median annual salary of $139,790 in 2022, according to the Bureau of Labor Statistics.

Does Douw Steyn own Telesure? ›

The Douw Steyn Family Trust, on behalf of Douw Steyn and his family, along with the South African companies he founded – Telesure Investment Holdings, incorporating Auto & General Insurance, 1st for Women Insurance, Dialdirect Insurance, Budget Insurance, 1Life and hippo.co.za; as well as Steyn City Properties and the ...

Who is the CFO of Telesure Investment Holdings? ›

Adriana Weilbach

Adriana was appointed Chief Financial Officer for TIH in June 2017.

Who is the executive team of Telesure? ›

The Telesure Technology Solutions management team includes Tom Creamer (Chief Executive Officer), Justin Freeman (CIO - Telesure Investment Holdings), and Bongani Mageba (CEO: Telesure Advisory Services).

Does Telesure have a gym? ›

Our Johannesburg and Durban offices have gyms featuring state-of-the-art-equipment.

Who is the CEO of 1Life? ›

According to Laurence Hillman, CEO of 1Life: “Both companies have strong complimentary broker, digital and direct distribution channels with diverse product differentiation that can be used to enhance target market opportunities, resulting in incredible synergies and growth opportunities.

Who is the head of sales in Telesure? ›

Anthea Abrahams - Executive Head of Marketing & Sales - Telesure Investment Holdings (TIH) | LinkedIn.

Who is the founder of Steyn City? ›

Welcome to Steyn City, a legacy project envisioned by South African insurance magnate Douw Steyn. Born from a deep-seated commitment to his country of birth, Steyn's decision to invest in this groundbreaking endeavour emanates from a desire to create a haven for families across generations.

Who owns Rand Merchant Investment Holdings? ›

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