In 1970, the merger of two well-known South African insurance companies, SA
Mutual Fire and General Insurance and Royal Insurance Group, resulted in the
formation of Mutual & Federal Insurance Holdings Limited.
Mutual & Federal Insurance Holdings Limited became known simply as Mutual &
Federal and, without doubt, one of the biggest short-term insurance companies in
However, the evolution of Mutual & Federal started back in the early 19th
century where insurance in South Africa was still in its infancy.
In 1831, the South African Fire & Life Assurance Company was founded in Cape
Town and continued to grow and thrive for 64 years until its was acquired by
another insurance company, London & Lancashire.
Almost 68 years later in 1962, London & Lancashire was in turn bought by the
Royal Insurance Group and eight years later Mutual & Federal was born and is
still going strong as one of South Africa's leading comprehensive short-term
In 1998, Mutual & Federal bought 41 percent of the Royal Group in
Zimbabwe while Old Mutual acquired the remaining 49 percent. Over the years
Mutual & Federal has grown and adapted to suit its environment, and been
responsible for introducing some innovative and client-friendly fixtures.
For instance, in the late 1980s it was Mutual & Federal that introduced drive-in
motor claim centres making its services more accessible to clients and being
able to handle insurance claims faster and more efficiently than ever before.
Today, Mutual & Federal is a household name in South African short-term
insurance and is a company that prides itself on offering brokers, agents and
clients friendly and efficient service as well as highly competitive insurance
In line with identifying and capitalising on growth into Africa, Mutual &
Federal has also established presences in Botswana and Namibia and seems well
prepared to continue to be a force in insurance in Southern Africa for many
years to come.
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