About Us
Who are we?
Momentum Collective Benefits is a leading group risk specialist insurer, providing life and disability insurance cover to groups of individuals. Part of the FirstRand group, we are a major player in the group risk market, recognised for our expertise in the management of disability.
What do we offer you?
- Exclusive risk focus
We focus on the provision and management of group risk benefits. This specialised risk focus has enabled us to develop a deep understanding of the drivers in the market.
- Innovation
We use this insight to offer our clients innovative, yet practical, risk options with leading edge products and services.
- Professional service
We provide a highly professional and personalised service.
- Direct access to expertise
All our clients have direct access to our highly qualified and experienced team.
- Integrity
We believe in acting ethically and with integrity in every aspect of our business.
How do we add value to your business?
Leading edge risk products and services
We offer the full range of both traditional and alternative risk products.
We specialise in customising products on a client-by-client basis to ensure that our risk offering meets each client’s specific needs. We go out of our way to offer solutions to client-specific risk problems. Some examples include offering medical aid contribution waivers for limited periods, special disability definitions to suit circumstances, and flexibility on our maximums.
| PRODUCTS |
SERVICES |
Some examples of our latest product innovations are:
- PHI Escalation Floor
The annual escalation can
be restricted to a minimum of 3% for clients who
select benefit escalations of 5% or more to a
maximum of CPI on the PHI and DIB products.
- 3D Protector
A South African first, this is an
objective occupational lump sum disability product
that has pre-defined criteria for assessment and
still retains the crucial link to occupational ability.
- Cell Captive/Alternative Risk Transfer (ART)
We pioneered the way in ART and are a major player
in this field. We have experience and expertise in
cell-captive insurance, post-medical retirement
liability cover and pensioner outsourcing.
- Multinational Pooling
As a partner of the Swiss Life Network, an
international pooling arrangement, we offer
international subsidiary companies a number of
benefits including the waiving of medical
underwriting.
|
We go out of our way to make our expertise relevant
to clients. We offer:
- Disability Management
- Claims manager visits and presentations
- Worksitevisits
- Early intervention ability
- National medical consortium
- Assessment Only services
- Financial Structuring
- Rate guarantees
- Profit-sharing structures
- HIV/AIDS Modelling and Management
As one of the founders of long-term insurance
HIV modelling, our expertise in this regard is
unsurpassed.
|
A professional and personalised service
We have a strong service ethic and we focus on finding new ways to do things. We have a non-negotiable broker and client focus and are recognized for our superior service.
To refine our distinction in the marketplace we are implementing an integrated administration platform across the group benefit businesses. The new administration platform is one of the best in the market and Momentum Collective Benefits will begin a phased migration of our existing clients onto the new administrative platform over the next 18 months.
This platform provides greater accessibility and flexibility for employers and brokers along with high levels of responsiveness. Brokers and employers may elect to access a variety of on-line tools and call centre support.
Our intention going forward is to encourage a partnership relationship with our brokers, one that offers win-win outcomes for all. We understand that some of the changes may require more than we have asked for in the past but we hope that with this opportunity we will be empowered to improve not only our service to you but also our positive impact on the results of your business.
Direct access to expertise
We have a highly experienced management team and market leading disability management skills. Brokers can tap directly into our risk expertise and experience.
Integrity
We have a fair and ethical approach in all aspects of our business. Most importantly, it is our policy to pay valid claims, so we will not rely on technical defenses in order to avoid the payment of claims.
Who should you contact?
Should you require further information or have any queries, please contact your broker or your Momentum consultant.
| The Momentum range of Group Insurance Products |
Disability benefit options
- 3D Protector
- Capital income provider
- Total & permanent disability benefit
- Total & temporary disability benefit
- Permanent health insurance (income disability)
- Disability income benefit (rehabilitation option)
- Continental scale benefits
|
Group life and rider benefit options
- Group life assurance
- Terminal illness
- Funeral benefits
- Accidental death benefits
- New generation dread disease
- Spouse’s & children’s benefit
- Spouse’s benefit
|
|
