The spirit of "True partnership" which evolved between PMA and its business partners since our establishment in 2000 still guides us today.
History. Partners. Team.
A winning combination.
PMA’s predecessor, namely Prosperity Solutions (Pty) Ltd with its own national life insurance agency network, in May 1999 entered into an agreement with Prosperity, the first black-owned insurance company licensed in South Africa in 1951, to become its official distribution channel.
New opportunities arose in the employee benefits sector and PMA, an Accredited Financial Services Provider (FSP number 1990) was established to focus exclusively on the group life market. PMA with its extensive experience in the low to middle income groups is able to provide exceptional value and service to its clients.
Culture and Philosophy:
We’re committed to:
- Form long-term mutually beneficial partnerships;
- Provide an environment of care where honesty, humanity and diversity is embraced;
- Transform organizationally as well as develop supplier networks that meets BEE requirements.
Broad Based Economic Empowerment:
In 2017 PMA entered into an agreement with a 100% Black woman owned company.
PMA, to create a successful social investment initiative set upon the following:
- Align with causes which contribute to vulnerable children.
- Create a dedicated care team.
- Sustained involvement to make a real difference.
PMA’s social investment and community care team is guided by Andre Wagner – Director: Organizational Development and HR. A central part of our responsible business ethos is to support caring projects for children and adults in underprivileged communities.
Presently the focus is on providing relief and care to vulnerable babies and children, financial assistance to qualifying students and organisations providing skills training and lately also to initiatives associated with palliative and end life care.
- Ubuntu House
- Bright Stars
- Miracle Kids
- Rock a Bye Baby
- Hagar’s Choice
- Little Lambs
Youth unemployment has reached critical levels in South Africa. As the national economy now creates fewer and fewer jobs, youth job creation will require a concerted effort.
Presently PMA support 4 black students (3 female and 1 male), of which 2 study at Stellenbosch, 1 at University Western Cape and 1 at Cape Peninsula University of Technology. Financial assistance has also been provided to 10 unemployed adults to complete a Pastel course at the Breytenbach centre in Wellington.
Palliative and End Life Care
The World Health Organisation (WHO) defines palliative care as an approach that improves the quality of the life of patients and their families facing problems associated with life-threatening illness, through the prevention and relief of suffering, the early identification and impeccable assessment and treatment of pain and other problems associated with life-threatening illness.
PMA as a co-sponsor will be actively involved in the Hospice Palliative Care Association of South Africa’s (HPCA) Symposium 2017, to be held at the Southern Sun Pretoria from the 06th to 09 November 2017.
Industries we focus on:
- PMA proudly administrates the benefits of in excess of 100000 employees in the following sectors:
- Local Government employees of municipalities throughout South Africa.
- Financial / Banking, account holders.
- Pension / Provident fund members.
PMA has outsourced the assessment of all its disability claims to SOMA, who specializes in disability evaluation pertaining to early ill-health. There is an ever increasing obligation on employers, fund trustees and administrators to utilize independent and professional expertise for the assessment of disability claims, thereby insuring objective and impartial evaluation which are acceptable to employees, unions and employers.
Oak Tree Intermediaries
Oak tree has extensive experience in handling reinsurance broking. Oak Tree have professionally established relationships with reinsurers all over the globe, and they can pin-point the best reinsurance market according to the client’s class of business to the specific reinsurance requirements. They have Association Arrangements in place in London that can assist us in facilitating the placement of risk into the Lloyds and London markets.
PMA’s lead reinsurer, Munich Re was founded in 1880 and today the Group is one of the world’s largest reinsurers, represented in more than 40 countries. Gross premium income for 2014 exceeded 48.0 bn euros.
The Assupol Group
Assupol Life was established in 1913, which means that they have been in business for more than 100 years. Up to 1998 Assupol Life’s business model was to service niche markets i.e. SAPS, Department of Correctional Services and other parastatal employees and this approach served the interest of their clients well. Since 1998 they started servicing the general insurance market selectively, with great success. Net annual premium income is in excess of R 1.7 billion.
Our Team – Personal Support You Deserve:
Danté is one of the founders of PMA and is responsible for the actuarial assessment of business portfolios and the financial security of the company.
Frikkie van Zyl
Frikkie is one of the founders of PMA and is responsible for the operational performance of the company with direct responsibility for marketing, product offering and regulatory matters.
Non Executive Director
André is a non-executive director and leads PMA’s organizational development and HR committee.
General Manager: Finance and Human Resources
Sheree is responsible for the overall financial accounting, regulatory compliance and HR functions of PMA.
Meagan prepares the monthly management accounts and other financial reports.
Tanya van Deventer
Administrator to Directors
Tanya provides administrative, organisational and logistical assistance to the directors.
Nonkqubela is an integral part of the PMA Community Care team, assisting with various social development events.
Anel de Villiers
Anel is the IT Manager and in addition to maintenance of the IT infrastructure, she is also responsible for data integrity and security.
Jacqueline (Jackie) is responsible for the Life and Disability claims payments. In addition she is also responsible for liaison with the disability assessors and claimants.
Iverecia is responsible for the Life and Disability claims payments. In addition she is also responsible for liaison with the disability assessors and claimants.
Mieta is involved in the administration and day-to-day tasks related to PMA’s Property sector.