GUARDRISK
Insurance in Sandton

Guardrisk is a wholly-owned subsidiary of MMI Holdings. Leading international ratings agency, Fitch Ratings has rated three companies in the Guardrisk Group. Guardrisk joins the MMI Holdings family when the sale of Guardrisk to MMI Holdings is approved by the Financial Services Board and the South African competition authorities. This is based on a peer ranking that considers success (performance, presence and momentum) as opposed to mere size. Guardrisk is one of only eight companies allowed to start the process of their own internal capital model. Guardrisk refreshes its brand, launching a new, modern logo that reinforces the symbiotic relationship between our iconic honeycomb and bee. Financial Services Board accepts for Guardrisk to start the pre-application process of its risk-based capital model, in preparation for Solvency Assessment and Management (SAM). This peer ranking is based on success (through performance, presence and momentum) as opposed only to size. We formalized our Black Economic Empowerment (BEE) credentials with the publication of our first BEE brochure\. 2.3.2 the creation, storage and sending of unsolicited commercial communications. At Guardrisk we have only one purpose: To be of service to our clients. At Guardrisk we have only one purpose: to be of service to our clients. We treat our clients fairly and seek to meet and exceed their expectations. We hold ourselves accountable and take ownership of our actions and responsibilities. Guardrisk Actuarial Services calculates capital requirements for all its clients. We can help you manage your capital requirements and explain its impact on your business. Cell owners accept insurance risk in return for a profit, but that profit will only materialise if the premium rates charged are financially sound. We regularly assess financial soundness of premium rates for new or existing products\. using statistical software to identify risk and rating factors for your rating structure; and. estimating the expected costs for new innovative products that can feed into cell owners’ business plans. We regularly calculate claims and premium provisions for both the life and non-life business lines of our clients. The amount of information around us is doubling in volume every three years. We regularly assist our clients to analyse their portfolio. contextualising your risk better with the aid of sensitivity and stress testing.