Our affiliation with Momentum Group Limited
We have a strong parentage in the listed company, Momentum Group Limited. Momentum Group has a strong balance sheet with capital reserves to provide peace of mind to our clients. PricewaterhouseCoopers is our external auditor and our internal audit team ensures strong internal controls. Our insurance cover is extensive – Marsh takes care of that.
Advancing transformation in our industry
Momentum Group Limited has a strategic and committed approach to transformation. In 2019, Momentum Group was the first major insurance group in the industry to achieve a Level 1 B-BBEE rating under the revised Financial Sector Conduct Authority (FSCA). This rating applies to all the companies within the Group, including Momentum, Metropolitan, Multiply, Guardrisk and Eris Property Group.
135%
B-BBEE recognition level
Level 1
B-BBEE status
40%
Black ownership
12.41%
Black female ownership
Yes
Value added supplier
Yes
Enterprise development beneficiary
We contribute to a well-balanced economy
We acknowledge that we are in a privileged position to act as fiduciary to our clients and stakeholders. We consider the environmental, social and governance (ESG) risk of our investments to be relevant to the performance of the overall objective - across all asset classes, sectors, markets and through time.
We are a signatory to the United Nations-supported Principles for Responsible Investment (PRI), which is an international network of investors working together to put the 6 Principles for Responsible Investment into practice.
Licensed credentials
Being part of Momentum Group, it gives our clients the peace of mind of the company's stability and strength, as well as the security and protection of its balance sheet.
Engaged in transformation
Momentum Group was the first major insurance group to reach level 1 broad-based black economic empowerment (B-BBEE) status under the revised Financial Sector Code.
