Leading Insurance Companies in South Africa
Overview
Discovery:
Discovery aims to offer hassle-free claims. Insurance types that are offered include car, home, boat and personal liability insurance.
OUTsurance:
Founded in February 1998, OUTsurance is one of South Africa’s most popular insurance companies. The company provides car, home, business and life insurance.
MiWay:
MiWay is a direct short-term insurer and is the first truly online-enabled short term insurer. Insurance types offered, include car, buildings, home contents, business, motorcycle, bicycle and watercraft insurance.
Budget:
Promising to provide world-class systems and efficient call centre assistance, Budget is high on value and low on premiums. As an insurance provider that has been providing insurance for more than a decade, Budget has grown to become one of the leading insurance companies in South Africa.
Ooba:
Experts in home finance, Ooba also provides home contents and vehicles insurance.
Guardrisk:
Guardrisk is one of the foremost insurance companies in South Africa. The company helps organisations to insure and finance their risk exposures efficiently.
King Price:
As a leading car insurance provider with 2 years’ experience in the industry, King Price has over 95 000 happy clients. Insurance cover is provided in the form of buildings, home contents and portable insurance.
1st for Women:
Founded in 2004 and underwritten by Auto & General, 1st for Women became fully licenced in 2012. The company created tailor-made holistic lifestyle support solutions for women. The company provides car, home contents, buildings, portable possessions, personal, life, business, motorcycle, watercraft, caravan and trailer insurance.
The South African insurance industry is growing and is highly competitive. There are numerous insurance companies in the country that specialise in the provision of certain types of insurance policies.
Consumers can choose from a wide array of leading insurance companies in South Africa using various online platforms or through brokers.
