About Us

Lireas Holdings (Pty) Ltd is the South African strategic investment arm of Hannover Re Group Africa and Mahogany Private Equity. Our investment focus is partnering with successful existing niche insurance underwriting agencies and carefully selected entrepreneurs who bring innovative insurance opportunities.

Together with our investment partners, we have a long standing track record in the niche underwriting agency environment. Our commitment to the success of this business has seen us work closely with our partners to ensure successful and mutually beneficial long term relationships.

For over 25 years, Lireas has offered insurance underwriting agencies the following business advantages:

  • Access to working capital
  • Specialist underwriting expertise – via Hannover Re and selected insurance partners.
  • Reinsurance capacity via Hannover Re
  • Introduction to the insurance carrier most suited for their unique business needs
  • On-going guidance, coaching and management feedback through active shareholder participation
  • Access to a panel of experts on Finance and Accounting, HR, RI, legal and compliance, strategy and marketing matters
  • Full backing of only one specialist UMA in each market thereby minimizing internal competition in specialisation within the Group.