Are you looking for the top insurance companies in South Africa, then stick around and keep reading. We are going to list some of the best insurance companies that you can find in every corner of South Africa either Johannesburg, Pretoria, Cape Town, Durban, Sandton, Port Elizabeth, etc .
fair as a word of mouthpiece works as a recommendation in any sector, on the internet it is potential to find all kinds of opinions and suggestions about insurers .
Because of that, it has become increasingly unmanageable to find a unite tilt from which to extract all the information to determine in general terms, which are the best indemnity companies in South Africa .
To make a “ ranking” of the best insurers and to be arsenic reliable as potential, we have taken our prison term to review each and every insurance company in South Africa based on the standard we deemed allow.

There are different criteria when ranking insurers or indemnity companies but the main ones that we have used as relevant are the insurers with the highest satisfaction rates, market parcel and service quality are the most outstanding .
It ’ second time to see which indemnity company in SA is the best in 2021 .
Read besides : Standard Bank Branches In South Africa .

List Of Insurance Companies In South Africa In 2021

The follow are the list of the top insurers in South Africa :

1. Sanlam Insurance

Sanlam Insurance South Africa
Sanlam is one of the top insurance companies in South Africa and was established in 1918. It has its headquarters in Bellville, Western Cape. Salam indemnity is listed on both the Johannesburg Stock Exchange and the Namibian Stock Exchange .
Products Offered By Sanlam Insurance In South Africa
The come are some of the policy products you can get from Sanlam Insurance in SA :

  • Life Insurance
  • General Insurance
  • Risk Management
  • Trusts
  • Asset Management
  • Retirement Annuities
  • Short-Term Insurance
  • Financial Planning
  • Wills

Countries Where Sanlam Insurance Operates.
Being one of the best insurance companies in South Africa, Sanlam besides operates in Botswana, Swaziland, Zimbabwe, Namibia, Mauritius, Malawi, Nigeria, Mozambique, India, Malaysia, Zambia, Tanzania, Rwanda, Uganda, Kenya, Ghana, and the UK .
You may besides like this : PayPal South Africa – Everything You Need To Know .

2. Hollard Insurance

Hollard Insurance is one of the best insurance companies in South Africa
This is one of the top private policy companies in South Africa. Hollard Insurance was founded in 1980 and has its headquarters in Johannesburg, South Africa .
This insurance company is owned by a south african businessman called Richard Enthoven. It has over 2300 employees as of January 2019 .
here are some of the products offered by Hollard Insurance company limited :

  • Life Insurance
  • Home Insurance
  • Travel Insurance
  • Investments
  • Pet Insurance
  • Car Insurance
  • Funeral Policy
  • Liability Insurance
  • Risk Management
  • Commercial Insurance

here are other countries where Hollard Insurance operates : Ghana, Botswana, Namibia, China, Australia, Mozambique, Zambia, and India .
Recommended recitation : profitable Small Business Ideas In South Africa .

3. Discovery Insurance Limited – South Africa

Discovery Insurance top 10 in South Africa
Discovery Insurance is based in Sandton, South Africa and is listed on the Johannesburg Stock Exchange ( JSE ) .
Discovery Insurance was founded by hadrian Gore in 1992 with its main aim to operate in the Financial Services and Insurance sector .
It engages in asset management, investment, short and long term insurance, vitamin a well as employee benefits .
With its subsidiaries in South Africa, Australia, United Kingdom, Singapore, and China, Discovery indemnity offers one of the best policy services in the universe .
discovery Limited has a net income of ZAR 3.3 billion and entire gross of ZAR 34.2 billion as of 2014 .
Check out this : top 20 Richest Countries In Africa .

4. Old Mutual Insurance – SA

Old Mutual Insurance is one of the best in SA
This is Pan-African policy, savings, investing, and banking group. Old common Insurance was founded on 17th May 1845 and the headquarters is in Johannesburg, South Africa .
Being one of the oldest insurance companies in South Africa, Old Mutual provides the succeed services :

  • Savings And investment
  • Banking
  • Asset Management
  • Short-Term Insurance
  • Life Insurance

The 2018 report indicated that Old Mutual Insurance had gross of R109,877 million and sum asset value of R1.04 trillion .
Countries Where Old Mutual Insurance Operates : Ghana, Swaziland, Nigeria, Zimbabwe, Namibia, Botswana, and Malawi .

5. King Price Insurance

King Price Top 5 Insurers in South Africa
Founded in 2012 by Gideon Galloway, King Price Insurance is one of the award-winning insurance companies in South Africa .
With King Price, you can enjoy products such as Personal insurance, Community insurance, Business policy, among many others .
In 2013, King Price won the Best short-run Insurer award arsenic well as the overall Best Newcomer award in the South African Service Awards .
not merely that but here are some other awards won by King Price Insurance in recent times :
2019 Award : Most advanced policy company In South Africa .
2019 Award : Fastest Growing Insurance Company In South Africa .
2019 Award : Best invest To Work In South Africa .
2019 Award : Best customer Experience Ward .
2018 Award : Most innovative insurance Brand In South Africa .
And no wonder King Price is one of the top 5 insurance companies in South Africa .

6. OUTsurance Holdings Limited

OutSurance is one of the best in SA
OUTSurance is one of the most innovative indemnity companies in the confederacy african money market. They constantly impress their customers with new and bespoke policy policies .
They have been around for over 21 years and because of that, they are meticulous with their customer service .
These are some of the insurance policies by OUTsurance : Car insurance, Home Insurance, Life insurance, and Business insurance .
here are some of the indemnity products offered by Discovery policy :

  • Car Insurance
  • Medical Insurance
  • GAP Cover
  • Life Insurance

7. ABSA Insurance Company

ABSA is the top 20 insurance companies in South Africa
This is one of the long-familiar industry players. When it comes to managing finances, then ABSA is the way to go. You can enjoy services such as Life indemnity, Car policy, dwelling policy, trusts, funeral indemnity among others .
ABSA, being one of the top 10 insurance companies in South Africa, offers a wide scope of insurance policies with the highest standards of professionalism .

8. Guard Risk Insurance In South Africa

If you want an indemnity party that will offer you a tailored hazard solution, then Guard Insurance is the place to go. At Guard insurance, you enjoy one of the most integrated, advanced, and cost-efficient policy solutions .
here are some of the products you can enjoy at Guard policy in South Africa :

  • Life insurance
  • Non-life medical insurance
  • Personal accident employee benefits
  • Motor insurance
  • Education policy

These are precisely a few of the many indemnity products offered by Guard indemnity in South Africa .

List Of Other Top Insurance Companies In South Africa in 2021

These are the tilt of early insurers in South Africa in 2021 :
9. 1 Life Direct Insurance
10. Santan policy
11. zurich Insurance company
12. AIG Insurance Company
13. Bidvest policy
14. MiWay Insurance
15. Standard Insurance
16. Metropolitan Life
17. Clientele Life
18. Liberty Mutual Insurance
19. WES Bank Insurance
20. momentum Investments indemnity
21. Alexander Forbes Group Holdings
22. MMI Holdings Limited
23. MMT Holdings Limited
24. different Life policy
25. Assupol Life
26. Allan Gray Life
27. professional Provident Society ( PPS )
28. capital alliance
29. Avbob Mutual Assurance
30. PinnAfrica Insurance Regent Life Assurance
31. Sage Life Rentmeester Life Insurance

Conclusion

So you now know those insurers that cover about all the branches of insurance : drive indemnity, home indemnity, travel policy, checkup policy, pet insurance, etc .
furthermore, it doesn ’ triiodothyronine matter which state you find yourself in South Africa, either Gauteng, Eastern Cape, North West, Free State, Western Cape, Northern Cape, Limpopo, KwaZulu-Natal, or Mpumalanga these policy companies have branches in every region of the area .
You have besides seen all the strengths and weaknesses of some of the insurance companies in SA in this compendious .
Please note : we are not thus a lot obsessed with the circus tent 5, top 10, or tied the top 20 policy providers in South Africa in 2021 .
What we are interest in is the company that offers value for money .
This elementary and easy article Was last Updated on March 19, 2022 by Nana Abrokwa
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