King Price Insurance

King Price Insurance is a South African based, privately owned company that was founded by Gideon Galloway. Francois van Niekerk of the Mertech Group and Stefan van der Walt of Nikon, then joined forces with Galloway and the company launched in June 2012. King Price is best known for its one of a kind pricing model, that offers consumers car insurance premiums that decrease monthly, as the value of their car depreciates. This, together with its award-winning service, fast growing client base and completely unique culture, clearly sets the company apart from the rest of their competitors. King Price was recently granted their commercial license and is backed by the world leader in re-insurance, Munich-Re.