Guardrisk/About Us
Guardrisk offers its clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of
non-life and life insurance business.
Guardrisk offers its clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of
non-life and life insurance business.
Title, Name & Surname | Executive / Non-Executive | Guardrisk Group (PTY) LTD | Guardrisk Insurance LTD | Guardrisk Life LTD | Guardrisk Allied Products and Services (PTY) LTD | Guardrisk Premium Finance (PTY) LTD |
---|---|---|---|---|---|---|
Mr. Sello Moloko | Non-executive Director | Chairman | Chairman | Chairman | Chairman | - |
Mr. Herman Schoeman | Executive Director | Chief Executive Officer | Chief Executive Officer | Chief Executive Officer | Executive | - |
Dr. Len Konar | Non-executive Director | - | Lead Independent | Lead Independent | - | - |
Mr. Lourens Botha | Executive Director | Financial Director | Financial Director | Financial Director | Financial Director | Financial Director |
Mr. Malungelo Zilimbola | Non-executive Director | - | Independent | Independent | - | - |
Mr. Richard Eales | Executive Director | - | Managing Executive (Non-life) | - | - | - |
Mr. Francois Schaap | Executive Director | - | - | Managing Executive (Life) | - | - |
Mr. Kevin Eales | Executive Director | - | - | - | Managing Director | Managing Director |
Mr. Risto Ketola | Non-executive Director | - | Non-Executive | Non-Executive | - | - |
Prof. Stephen Jurisich | Non-executive Director | - | Independent | Independent | - | - |
Ms. Lisa Chiume | Non-executive Director | - | Independent | Independent | - | - |
Title, Name & Surname |
Executive/ Non-executive |
Designation |
---|---|---|
Guardrisk Group(Proprietary) Limited |
||
Mr. Nicolaas Kruger | Non-executive Director | Chairman |
Mr. Herman Schoeman | Executive Director | Chief Executive Officer |
Mr. Lourens Botha | Executive Director | Financial Director |
Mr. Maxwell Sibanda | Executive Director | Chief Risk Officer |
Guardrisk Insurance Company Limited |
||
Mr. Nicolaas Kruger | Non-executive Director | Chairman |
Mr. Herman Schoeman | Executive Director | Chief Executive Officer |
Dr. Len Konar | Non-executive Director | Lead Independent |
Mr. Lourens Botha | Executive Director | Financial Director |
Mr. Malungelo Zilimbola | Non-executive Director | Independent |
Mr. Maxwell Sibanda | Executive Director | Chief Risk Officer |
Mr. Richard Eales | Executive Director | Managing Executive (Non-life) |
Mr. Risto Ketola | Non-Executive Director | Non-Executive |
Prof. Stephen Jurisich | Non-Executive Director | Independent |
Gaurdrisk Life Limited |
||
Mr. Nicolaas Kruger | Non-Executive Director | Chairman |
Mr. Herman Schoeman | Executive Director | Chief Executive Officer |
Dr. Len Konar | Non-Executive Director | Lead Independent |
Mr. Lourens Botha | Executive Director | Financial Director |
Mr. Malungelo Zilimbola | Non-Executive Director | Independent |
Mr. Maxwell Sibanda | Executive Director | Chief Risk Officer |
Mr. Francois Schaap | Executive Director | Managing Executive (Non-life) |
Mr. Risto Ketola | Non-Executive Director | Non-Executive |
Prof. Stephen Jurisich | Non-Executive Director | Independent |
Guardrisk Allied Products and Services (Pty) Ltd |
||
Mr. Nicolaas Kruger | Non-Executive Director | Chairman |
Mr. Herman Schoeman | Executive Director | Executive |
Mr. Kevin Eales | Executive Director | Managing Director |
Mr. Lourens Botha | Executive Director | Financial Director |
Mr. Maxwell Sibanda | Executive Director | Chief Risk Officer |
Guardrisk Premium Finance (Pty) Ltd |
||
Mr. Kevin Eales | Executive Director | Managing Director |
Mr. Lourens Botha | Executive Director | Financial Director |
Sound ratings give our clients total peace of mind. Leading international ratings agency, Moody’s Investor Service, has rated three companies in the Guardrisk Group. Guardrisk Insurance and Guardrisk Life are both rated Ba1 on the global scale Insurance Financial Strength (IFS) and Aaa.za on the national scale IFS; and Guardrisk International is rated Ba1 on the global scale.
These ratings are based on the Group’s good market position, low underwriting risk, diverse product mix. The Ba1 international scale rating follows the sovereign rating of the Government of South Africa.
These ratings are an indication of relative measures of creditworthiness between debt issues and issuers within a country to facilitate market participants to differentiate relative risks.
Guardrisk offers solutions like engineering risk insurance, non-life insurance products, marine insurance solutions, mining rehabilitation guarantees, branded non-life insurance for cell owners to sell to their clients, corporate insurance for cell owners, underwriting facilities and financing of annual insurance premiums as a comprehensive banking alternative.
Although Guardrisk Life has a much smaller share in the South African life insurance market, it is a key complement to Guardrisk’s business and is licensed to write assistance, disability, fund, health, life policies and endowment policies, primarily as a cell captive insurer.
What sets Guardrisk apart from other cell captives is the fact that it offers underwriting, reinsurance, claims management, investment and accounting functions to cell owners. It is also committed to transformation and maintains the highest level of Contributor Status under the Amended Financial Sector Codes (FSC).
Download our business reports below:
Guardrisk Group is part of Momentum Metropolitan Holdings Limited and is included in its B-BBEE Level 1 rating. Guardrisk Group incorporates: Guardrisk Insurance Company Limited, Guardrisk Life Limited, Guardrisk Allied Products and Services (Pty) Ltd and Guardrisk Premium Finance (Pty) Ltd).
Name | Title |
---|---|
Nicolaas AS Kruger | Chairman |
Herman SH Schoeman | Chief Executive Officer |
Lourens J Botha | Financial Director |
Maxwell Z Sibanda | Executive Director |
Guardrisk Insurance Company Limited |
|
Nicolaas AS Kruger | Chairman |
Herman SH Schoeman | Chief Executive Officer |
Len D Konar | Lead Independent Director |
Lourens J Botha | Financial Director |
Malungelo H Zilimbola | Independent Director |
Maxwell Z Sibanda | Executive Director |
Richard J Eales | Executive Director |
Risto Ketola | Non-Executive Director |
Stephen C Jurisich | Independent Director |
Gaurdrisk Life Limited |
|
Nicolaas AS Kruger | Chairman |
Herman SH Schoeman | Chief Executive Officer |
Francois C Schaap | Exexcutive Director |
Len D Konar | Lead Independent Director |
Lourens J Botha | Financial Director |
Malungelo H Zilimbola | Independent Director |
Maxwell Z Sibanda | Executive Director |
Risto Ketola | Non-Executive Director |
Stephen C Jurisich | Independent Director |
Guardrisk Allied Products and Services (Pty) Ltd |
|
Nicolaas AS Kruger | Chairman |
Kevin B Eales | Managing Director |
Herman SH Schoeman | Executive Director |
Lourens J Botha | Financial Director |
Maxwell Z Sibanda | Executive Director |
Guardrisk Premium Finance (Pty) Ltd |
|
Kevin B Eales | Executive Director |
Lourens J Botha | Financial Director |
Momentum Metropolitan Limited is a South African financial services group that is listed on the JSE, with market capitalisation of R28 billion and an embedded value of R39.6 billion as at 30 June 2018.
Momentum Metropolitan uses its client-facing brands, mainly Metropolitan, Momentum, Guardrisk and Multiply, as well as Momentum Metropolitan’s financial services and other capabilities to enhance the Financial Wellness of individual clients, small and medium businesses, large companies, organisations and public enterprises in South Africa, the rest of Africa and selected international countries.
Momentum Metropolitan has strong capabilities in:
See more here.
Sound ratings give our clients total peace of mind. Leading international ratings agency, Moody’s Investor Service, has rated three companies in the Guardrisk Group. Guardrisk Insurance and Guardrisk Life are both rated Baa3 on the global scale Insurance Financial Strength (IFS) and Aaa.za on the national scale IFS; and Guardrisk International is rated Baa3 on the global scale.
These ratings are based on the Group’s good market position, low underwriting risk, diverse product mix and strong profitability. The Baa3 international scale rating follows the sovereign rating of the Government of South Africa.
These ratings are an indication of relative measures of creditworthiness between debt issues and issuers within a country to facilitate market participants to differentiate relative risks.
Guardrisk offers solutions like engineering risk insurance, non-life insurance products, marine insurance solutions, mining rehabilitation guarantees, branded non-life insurance for cell owners to sell to their clients, corporate insurance for cell owners, underwriting facilities and financing of annual insurance premiums as a comprehensive banking alternative.
Although Guardrisk Life has a much smaller share in the South African life insurance market, it is a key complement to Guardrisk’s business and is licensed to write assistance, disability, fund, health, life policies and endowment policies, primarily as a cell captive insurer.
What sets Guardrisk apart from other cell captives is the fact that it offers underwriting, reinsurance, claims management, investment and accounting functions to cell owners. It is also committed to transformation and maintains the highest level of Contributor Status under the Amended Financial Sector Codes (FSC).
Download our business reports below:
Guardrisk’s South African business namely Guardrisk Group Proprietary Limited (which incorporates the operating entities: Guardrisk Insurance Company Limited, Guardrisk Life Limited, Guardrisk Allied Products and Services (Pty) Ltd and Guardrisk Premium Finance (Pty) Ltd) no longer has its own stand-alone rating but from 2016, its rating is included in parent company, Momentum Metropolitan Holdings Limited.