We believe in good practiceOld Mutual Insure's transformation strategy is aligned to both the Financial Sector Codes (FSC) on Black Economic Empowerment (BEE).

What is our transformation mission?

Old Mutual Insure has been a B-BBEE Level 1 Contributor since 2019. View our current B-BBEE certificate and Annexure that are valid until 14 December 2026.

Over and above the rankings, scorecards and ratings, we believe real transformation is necessary to sustain business growth and is in the best interests of all South Africans.

Our transformation mission is to become a company catering for both the short-term insurance and the economic needs of the broad South African economy. Our transformation strategy is based on several core pillars, as stipulated in the Dti Codes of Good Practice and the Financial Sector Code.

Transformation and sustainability

We are involved in a number of initiatives to support transformation and sustainability:

A. Socio - economic development
Through the Old Mutual Insure Community Trust we support further education and skills development as well as micro enterprise development. The Black Broker Trust focuses on the training and development of black insurance brokers.

B. Access to financial services
This strategy addresses access to financial services for the Living Standards Measure (LSM) 1-5 economic groupings, as set out in the Financial Sector Codes. We have specifically-developed products for this market such as our livestock and Insurance 4 All offerings.

C. Consumer education
Through partnerships with Nedbank and Old Mutual SA, we have established a one-stop shop offering financial and insurance products (the Imbizo Initiative). Furthermore, through our collaboration with Old Mutual, we are offering the financial wellbeing programme for our staff members, selected suppliers, our communities & customers which focuses on financial literacy and money management skills.

If you would like a session to be conducted in your community please contact us on +27 (0)11 374 9111.

In partnership with the Agricultural Research Council training is provided for 100 small scale farmers on technical and business skills to help them sustain and grow their businesses.