Our Group was established in Cape Town in 1845 as South Africa's first mutual life insurance company, offering financial security in uncertain times.
Our purpose is to help our customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society.
In this way, we significantly contribute to improving the lives of our customers and their communities while ensuring a sustainable future for our business. We now employ more than 28 000 people and operate in 17 countries across three regions:
- Africa (South Africa, Namibia, Botswana, Zimbabwe, Kenya, Malawi, Tanzania, Nigeria, Ghana, Uganda, Rwanda, South Sudan and eSwatini)
- Asia (China)
- Latin America (Colombia, Mexico and Uruguay) — the sale of these businesses was announced in March 2018, pending regulatory approval
What we do
We provide financial solutions to individuals, small and medium-sized businesses, corporates and institutions across several market segments and geographies in South Africa, the Rest of Africa and certain other emerging markets.
Savings and Protection
Innovative life assurance based product solutions, addressing both protection and savings needs, as well as short term insurance solutions through Old Mutual Insure.
Investment
Growing our customers’ savings and wealth, whether through active and direct asset management through Old Mutual Investments or the selection of funds for customers to invest in through multi-managers.
Lending
Offerings include policy backed lending, unsecured lending and debt consolidation (My Money Plan) predominantly aimed at the mass market.