FirstRand Limited · JSE:FSR
FirstRand — Investor Presentation (2004)
8 slides from FirstRand's investor presentation, 2004
Slide 1: FNB Insurance (Bancassurance)
FNB Insurance (Bancassurance) Schoeman Rudman
Slide 2: What is FNB Insurance
What is FNB Insurance More than Bancassurance – Total Collaboration ¾ Focus ¾ FNB Insurance Brand ¾ Utilisation of existing assets
Slide 3: Strategy
Strategy Credit Relationship Insurance Relationship Wallet Share Wealth Creation Bundling, Packaging, Cross-sell Total Embedding Time
Slide 4: Strategy: Customer Base Growth
Strategy : Customer Base Growth 800000 700000 Bundle & Cross Sell 600000 500000 400000 Embedment & Acquisition 300000 Stem Leakage & 200000 Achieve Synergy 100000 Scope & Build 0 2001 2001 2001 2002 2002 2002 2002 2003 2003 2003 2003 2004 2004 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Number of Active
Slide 5: Positioned for Growth
Positioned for Growth ¾ Branch Network Sales ¾ Insurance Advisors ¾ African Subsidiaries
Slide 6: Collaboration
Collaboration ¾ Retail income from insurance operations up 58% year-on-year R’m Dec 02 Dec 03 June 03 % ∆ HY/HY OUTsurance 40 68 85 70% First Link 18 25 62 39% WesBank 75 100 160 34% HomeLoans - 35 46 n/a FNB Life 18 22 42 22% FNB Consultants 18 17 33 -6% Total 169 267 428 58%
Slide 7: Lessons Learnt
Lessons Learnt We are doing well, but…. The potential is huge !
Slide 8: The responsible choice tomorrow
“The responsible Responsible Life is teticntie choice tomorrow.” % Survivor Praia ?Funeral Plan Education Savings Plan Contractual Savings Plan For more information, contact us on 0860 100 394 or ask at this FNB branch. How can we help you?