Momentum Insure has undergone a significant transformation since its acquisition of Alexander Forbes Insurance in 2019/2020. In this discussion with Momentum Insure’s CEO Brant Pretorius, he fills us in Momentum Insure’s journey and transformation since this acquisition.
Despite industry challenges such as climate change, inflation, and failing infrastructure, Momentum Insure has successfully realigned its strategy. With a focus on claims ratio improvement, cost reduction, and digitalisation, the company has achieved remarkable growth and profitability.
Pretorius highlights the importance of intermediaries in this journey, emphasising their evolving role in providing advice and leveraging technology. Looking ahead, he says that the company remains committed to maintaining profitability, driving growth, and fostering strong partnerships with intermediaries.
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