Profile
Grocane Fire Insurance Co-operative, 1998 Ltd came into existence in January 1949.
left to right
back: Heinrich Eggers; Clive Alexander; Peter Richards; Suresh Moodley; Thinus Fourie;
front: Guy Heenan (Vice chairman); Lance Arde (Chairman); Thulasizwe Ngidi;
About Us
Motivation came from the fact that sugar cane, at that time was harvested on a two-yearly basis, and during the “off crop”, when mills were closed, the whole of the following season’s cane was at risk from fire, and a grower could be ruined. Commercial Insurance was available but at a price beyond the reach of most growers.
They formed the Co-Operative of Grocane (Now registered as: GROCANE AGRICULTURAL FIRE INSURANCE PRIMARY CO-OP LTD)
The Grocane members are +/- 1000 members that are spread throughout the sugar industry.
The industry stretches from Port Edward in the South, to Malelane in the North, and inland to Hilton and Harding.
There are 12 sugar mills, and the Total South African crop is in the region of 15-20 million tons sugar cane, spanning 371 500 hectares, producing approximately 1.8 – 2.5 million tons of sugar.
If a member’s cane is damaged by an accidental fire, that member may be entitled to compensation in terms of Grocane’s constitution and its rules.
The period of insurance is from 1 April to 31 March. Premiums are currently paid in arrears and deducted from the member’s final cane payment.
Membership also entitles members to public liability (spread of fire) and SASRIA cover through Grocane group policies.
Grocane is not a financial services provider.
Members can direct all their queries to:
Cell: 082 959 5346
Email: fieldmanager@grocane.co.za
All claims must be submitted by members directly to Grocane for processing.
Finningley provides advisory and transactional services to the complete agriculture value chain within South Africa and is the Grocane board’s chosen partner.
You are encouraged to find out more about their online services:
> Online quotes;
> News & product-related information;
> E-magazines;
> Tools & calculators;
> View your insurance portfolio (active clients only);
> Report a claim (active clients only);
> Make changes to your insurance portfolio (active clients only);
> Online risk assessment tool (active clients only).
