Risk Benefit Solutions

General information

Risk Benefit Solutions, better known by its acronym RBS, was founded by a small but ambitious group of entrepreneurs in 1998. A year later, after making its first acquisition, the staff numbered 26. With additional acquisitions and substantial expansion, RBS has since evolved from a start-up insurance brokerage to one of the largest independent financial services companies in the country, with a staff complement of more than 210 people.

Following a merger in 2011, with Katz Breskal Insurance Brokers, RBS has since rebranded and is now known as RBS KATZ BRESKAL. Katz Breskal was founded in 1983 by Stanley Katz and David Breskal. The two entrepreneurs grew the business though careful market selection and providing superior customer service. This year it celebrated 28 years of successful broking in the Western Cape. Through a mutual investment of the Hollard Insurance company in both Katz Breskal and RBS, it was discovered that formidable synergies existed between the two companies. The merger was finalised in 2011.