B2B Central

Mutual & Federal

05 Jun 2017

Mutual & Federal officially launched as Old Mutual Insure today

By Janice Roberts

It is official! Mutual & Federal will from today be known as Old Mutual Insure. This follows the initial rebranding announcement made on 14 March 2017, and supports the Old Mutual Group’s vision to integrate customer value propositions across the banking, insurance, savings and risk needs of customers. This rebrand supports the Group’s efforts to...
10 Apr 2017

Millennials set to change the insurance industry

By Janice Roberts

Millennials are the fastest growing generation in South Africa. Numbering 14.5 million, Statistics South Africa (Stats SA) estimates that they are increasing at twice the rate of the overall South African population. Thus, more millennials are entering the job market each year, which make them the insurance industry’s new customers, says Soul Abraham, Head of...
21 Feb 2017

Prepare for heavy rain and flooding in Gauteng, says Mutual & Federal

By Janice Roberts

The South African Weather Service has issued a warning of heavy rains in Gauteng and other parts of the country this week. According to the warning, this could lead to localised flooding in parts of Gauteng, the North West, parts of the Free State, Northern Cape and KwaZulu-Natal.
16 Nov 2016

Playing it safe in a storm

By Janice Roberts

Michelle van Staden, Head of Claims at Mutual & Federal, shares some useful tips on how to play it safe in a storm as world weather patterns change. According to the National Aeronautical and Space Administration (NASA) models, 2016 is on course to be the hottest year on record and locally, South Africa experienced its...
10 Nov 2016

Unpredictable weather increasing financial risks for farmers

By Janice Roberts

The volatility of weather conditions, from drought to flooding and hailstorms in South Africa is taking its toll on farmers financially, and creating some concern for the sustainability of the sector. The impact on farmers’ finances is forcing them to try to cut costs which could leave them exposed to more risk, according to Philip...
15 Sep 2016

Why do we protect our cars and homes but not our identities?

By Janice Roberts

Imagine waking up to discover someone you’ve never met has racked up a huge amount of debt, and potentially a criminal record, in your name. Now imagine this person got all the information they needed to steal your identity simply by browsing your Facebook profile. Coenraad de Jager, Executive: Commercial, Personal and Distribution at Mutual...
01 Sep 2016

Atradius to acquire 25% equity stake in CGIC to cement strategic partnership

By Janice Roberts

In March 2016, the Financial Services Board approved Mutual & Federal’s transaction to acquire 100% of the issued shares in Credit Guarantee Insurance Corporation of Africa Ltd (CGIC). This confirmed CGIC as a core asset within Mutual & Federal’s portfolio of insurance businesses.
17 Aug 2016

Can you afford to self-insure?

By Janice Roberts

All people with possessions are insured. However, some choose to self-insure and thus they carry the full premium risk. So it is relevant to ask: ‘How do you choose to insure and what option can you actually afford in the event of a crisis?’ This is according to Raimund Snyders, Chief Executive of Mutual &...
17 Mar 2016

Mutual & Federal now owns 100% of CGIC

By Janice Roberts

In August last year, Mutual & Federal began the process to acquire Santam’s stake in the Credit Guarantee Insurance Corporation of Africa Ltd (CGIC). At that stage, the company purchased a further 33.6% interest in CGIC, leading to a 86.1% shareholding in the business.