Our affiliation with Momentum Metropolitan
We have a strong parentage in the listed company, Momentum Metropolitan Holdings Limited. Momentum Metropolitan Life Limited 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 Metropolitan Holdings Limited has a strategic and committed approach to transformation. In 2019, Momentum Metropolitan Holdings Limited 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
24.9%
Black ownership
12.41%
Black female ownership
Yes
Value added supplier
No
Enterprise development beneficiary
Licensed credentials
Being part of Momentum Metropolitan, 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 Metropolitan was the first major insurance group to reach level 1 broad-based black economic empowerment (B-BBEE) status under the revised Financial Sector Code.
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