RMB Insurance

RMB Insurance, while owning a couple of dedicated insurance companies, also offers operates its own structured insurance entity - the RMB Structured Insurance Group. It is licensed to operate as a short-term insurer as well as to offer life assurance. It structures and provides local and international solutions and financial risk cover for some of the largest corporations in South Africa. It does this by structuring tailored packages to suit their needs, and is able to take advantage of all its experience and know-how in the banking industry to have complex risk analysis methodologies at its disposal. Its innovative financial structures provide this ability in tandem with these risk analysis knowledge principles.

This is therefore obviously not insurance that is available to the man in the street - the other companies in the RMB group provide these sorts of consumer facing services. Outsurance has become a household name in South Africa by providing innovative direct insurance products to the general public. It has carved an enviable position in the South African insurance market through aggressive advertising and the elimination of intermediaries in the short-term insurance process. Momentum offers a wide range of insurance solutions to individuals and businesses, and has captured a fairly decent chunk of this market by applying the type of innovative analysis and package structuring that its parent company does for large corporates.