• Strategic Investment arm of Hannover Reinsurance Group Africa in conjunction with Mahogany Private Equity.
• We secure premium income for Hannover Re by means of shareholding in UMAs and insurtech businesses.
• Insurance (Life and Non-life), specialist/niche focussed underwriting agency (UMA) and insurtech – focussed investment company.
• We have a 35-year track record of investing in businesses and partnering with entrepreneurs.
• We are considered the pioneer of the Underwriting Agency model in South Africa.
• We are among the first local investors to invest in South African Insurtech starts ups.
• We have an experienced board, management team and corporate finance professionals.
• We take a value adding, “skin in the game” partnership approach which results in aligned interests.

We invest in start-up and mature businesses that support the strategy of Hannover Re in the following ways:

• Generate sustainable and profitable reinsurance premium for Hannover Re, including Life and P&C business.
• Enhance profitability of underwriting portfolios through better risk management, risk quantification, risk selection as well as pricing for the reinsurer and its risk carrier partners.
• Generate profitable returns for all stakeholders.
• Create new markets, new products and distribution channels for insurance products.
• Create employment opportunities for talented entrepreneurs and their staff.

• We have a proven track record and team with extensive experience in insurance, corporate finance, business strategy and corporate governance.
• We have access to insurance and reinsurance experts as well as actuaries and technology experts within the local and international Hannover Re network.
• We support our businesses in their financial, operational, strategic, growth, expansion and corporate governance activities.
• We have long standing relationships in the insurance industry with local and international partners via Hannover Re.