Guardrisk is South Africa’s leading B2B non-life specialist insurance provider and pioneer of the cell captive model, which allows clients to share in the
financial rewards of prudent risk and insurance management. Guardrisk General Insurance extends the rigour of scientific underwriting, generally found only in the large corporate market, to the midmarket general insurance sector, in a cost-effective manner, with accelerated response times. In April 2021, Guardrisk received SA’s first microinsurance cell captive licence – a composite licence that allows life and non-life insurance products to be written out of the same licence and cell.