Douw Steyn's UK business CEO - Disrupting insurance paves way for R6.5bn Mega City

Elon Musk, Mark Shuttleworth some of the well known South African entrepreneurs who've made waves globally. And they've been recognised for it as well. On the back of this the Biznews team has spent September in London searching for other success stories, and Alec's had some scintillating discussions off the back of this, including one with Investec co-founder Bernard Kantor, as well as a retail masterclass with former Pick 'n Pay CEO Sean Summers. Below Alec chats to Matthew Donaldson, CEO of the BGL group, an insurance company based in Peterborough, founded by South African Douw Steyn. Steyn's more recently known for the creation of the R6.5 billion Steyn City, located in the northern outskirts of Johannesburg. In this interview we discover how Steyn, the founder of Auto & General, took a South African concept of insurance to the United Kingdom, and built a business that now generates £100m profit a year. Yet another fascinating example of South African success overseas. Learn more about your ad choices. Visit megaphone.fm/adchoices