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Comprehensive, third party, fire and theft or third party only car insurance. Premium based on risk profile.
Offering actuarial and customised cell captive solutions.
Old Mutual Alternative Risk Transfer Limited (OMART) was established in 2003 and is a business unit within the Old Mutual Group, the largest financial services group in South Africa, a subsidiary of Old Mutual plc. Old Mutual plc is listed on the London stock exchange, the Johannesburg stock exchange as well as Malawi, Namibia and Zimbabwe.
OMART, who provide institutional clients with structured solutions, is a legal entity and is registered by the Registrar of Long-term insurance as a long-term insurer to conduct all classes of long term insurance business. It has its own board of directors, who ensure appropriate corporate governance systems and processes are adhered to, to protect the interest of cell participants and various other stakeholders.
OMART specialises in customising solutions for clients wanting to meet insurance and profit-share objectives. These structured insurance solutions are provided through flexible cell captive arrangements that protect the cell owners interests at all times and ensures control over their life insurance activities.
In creating a structured insurance solution for each client, OMART offers the following services:
The financial strength of OMART is guaranteed by it being part of the Old Mutual Group and having the capital backing of Old Mutual South Africa.
OMART has experience in managing a variety of different arrangements and is currently responsible for cells covering predominantly employee benefits, credit life and funeral insurance.
Company Name: Old Mutual Alternative Risk Transfer Limited Company Registration Number:
1997/008994/06 Company Address:
PO Box 455, Cape Town 8000, South Africa