p70-1-of-3

p70-2-of-2

p70-3-of-3

Strategy and products

Specialises in and offers:

  • Income replacement benefits
  • Liability management
  • Administration and investment solutions for retirement funds, including:
    • Large corporate and public sectors
    • SMME market segments
  • Marketing Momentum Medical Open Scheme
  • Specialised insurance solutions

Focus areas

  • Optimise distribution
  • Align Guardrisk with the group
  • Entrench position as leading incapacity insurer
  • Close collaboration with health operations
  • Strengthen brand presence in target markets
  • Product innovation

Sources of business

  • Brokerages
  • Government
  • Parastatals
  • Trade unions

Profit drivers

  • Asset-based charges on investment and annuity business
  • Risk business margins
  • Fee income on administration business
  • Operational efficiencies