Old Mutual
Old Mutual Limited is a premium African financial services group offering life insurance, investment management, short-term insurance, wealth management, and microfinance banking to retail and corporate customers across 12 African countries, dual-listed on the JSE and LSE.
- Company typePublic
- Founded2017
- HeadquartersJohannesburg, South Africa
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Old Mutual does
Old Mutual Limited (OML) is a premium African financial services group offering a broad spectrum of financial solutions to retail and corporate customers across 12 African markets, including South Africa, Botswana, Eswatini, Ghana, Kenya, Malawi, Namibia, Rwanda, South Sudan, Uganda, Zimbabwe, and Nigeria. The company is incorporated in South Africa (registration number 2017/235138/06) and dual-listed on the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE) under the ticker OML. Its stated purpose is to enable customers to achieve their lifetime financial goals while investing funds to create positive social and environmental impact, branded as "Creating Mutual Futures."
The group operates through five core business lines: (1) Life Insurance and Assurance, providing coverage and financial protection to retail and corporate customers; (2) Investment Management, through Old Mutual Investment Group, delivering institutional asset management and stewardship of managed assets; (3) Short-term Insurance, through Old Mutual Insure, providing property and casualty cover to individuals and businesses across South Africa, Namibia, Nigeria, Botswana, and Zimbabwe; (4) Wealth Management, through Old Mutual Wealth, providing advice-led financial planning services to affluent clients; and (5) Banking and Microfinance, through Faulu Microfinance Bank in Kenya and CABS, Zimbabwe's largest building society. The company serves four primary customer segments: retail customers, corporate customers, mass-market/microfinance customers, and high-net-worth/wealth clients.
Old Mutual generates revenue primarily through recurring premium-based financial products, with its main revenue streams being life assurance, investment management fees, short-term insurance premiums, wealth management advisory fees, and microfinance banking services. Distribution is multi-channel, combining a physical branch network across 12 African countries, financial advisors, digital platforms, and country-specific sub-brands. The company's underlying technology is described as a "Financial services technology platform" with no proprietary features disclosed in the source data. Operating as the licensed Controlling Company of the Designated Old Mutual Limited Insurance Group, the company is subject to financial services regulation across its jurisdictions. The firm's customer segments include retail customers, corporate customers, mass-market/microfinance customers, and high-net-worth/wealth management clients.
Old Mutual firmographics
Firmographics- Name
- Old Mutual
- Legal name
- Old Mutual Limited
- Website
- https://oldmutual.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Old Mutual Limited is a premium African financial services group offering life insurance, investment management, short-term insurance, wealth management, and microfinance banking to retail and corporate customers across 12 African countries, dual-listed on the JSE and LSE.
- Ownership category
- akta.pro rank
Old Mutual industry classification
Industry- Product category
- Diversified Financial Services
- NAICS
- Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940), Insurance and Employee Benefit Funds (5251)
- SIC
- Insurance Agents, Brokers & Service (6411), Finance Services (6199)
- akta.pro primary industry
- Equity Mutual Funds (Active) (FSAAAEAA)
- akta.pro secondary industry
- Annuity & Insurance-Based Retirement Solutions Advisory (FSAEABAH)
Keywords
Where Old Mutual is headquartered
LocationHeadquarters
- HQ city
- Johannesburg
- HQ country
- South Africa
- HQ region
- Africa
Offices13 records
Markets served
Old Mutual business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Life Insurance and Assurance: Life assurance products providing coverage and financial protection to retail and corporate customers across African markets.
- Investment Management: Asset management services through Old Mutual Investment Group, delivering market-beating returns for clients and responsible stewardship of managed assets.
- Short-term Insurance: Property and casualty insurance products through Old Mutual Insure, serving individuals and businesses in South Africa and select African markets.
- Wealth Management: Advice-led wealth management services providing financial planners and clients with comprehensive strategies and services through Old Mutual Wealth.
- Banking and Microfinance: Banking services through Faulu Microfinance Bank in Kenya, offering deposit-taking microfinance solutions.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
Old Mutual product offering
Product offeringCore offering
Old Mutual Limited is a premium African financial services group offering life assurance, investment management, short-term insurance, advice-led wealth management, and banking and microfinance solutions to retail and corporate customers across 12 countries in Africa. The group's offerings are delivered through wholly-owned subsidiaries including Old Mutual Investment Group, Old Mutual Insure, Old Mutual Wealth, Faulu Microfinance Bank, and CABS, providing integrated financial solutions spanning the lifetime financial goals of its customers.
Product overview
Old Mutual Limited operates as a multi-product financial services group offering a broad spectrum of financial solutions through distinct sub-brands. The core offerings include investment management (Old Mutual Investment Group), insurance (Old Mutual Insure), wealth management (Old Mutual Wealth), and banking (via FAULU Microfinance Bank). Country-specific operations across 12 African markets (South Africa, Botswana, Eswatini, Ghana, Kenya, Malawi, Namibia, Rwanda, South Sudan, Uganda, Zimbabwe) provide local retail and corporate banking, insurance, and investment products. The portfolio spans life assurance, short-term insurance, asset management, retirement funding, savings, and loans, positioning Old Mutual as an integrated financial services provider rather than a single-product company.
Differentiator
Problem solved
Functional benefit
Brands
- Old Mutual Investment Group: Leading African investment manager focused on delivering market-beating returns for clients, responsible stewardship of managed assets, and benefiting communities in which they invest.
- Old Mutual Insure
- Old Mutual Wealth
- Faulu Microfinance Bank
- CABS
Products and services
- Old Mutual South Africa (Retail and Corporate Financial Platform) Full-service financial platform offering investment, savings, insurance, and banking products to retail and corporate customers in South Africa.
- Old Mutual Investment Group Leading African investment manager focused on delivering market-beating returns, responsible stewardship of managed assets, and benefiting communities in which they invest.
- Old Mutual Insure Short-term insurer in South Africa providing individuals and businesses with a range of insurance products via the Old Mutual network in Namibia, Nigeria, Botswana and Zimbabwe.
- Old Mutual Wealth Advice-led wealth management business providing financial planners and their clients with a full suite of industry-leading strategies and services.
- Faulu Microfinance Bank Deposit-taking microfinance organisation offering banking, insurance, and savings products in Kenya.
- CABS Zimbabwe's largest building society offering a diverse range of financial products and services.
- Old Mutual Botswana Provider of short-term insurance and life insurance services with branches in Gaborone and Francistown.
- Old Mutual Ghana Leading financial institution in Ghana offering a range of savings, investment and insurance options.
- Old Mutual Kenya Integrated financial services provider offering savings, investments and insurance solutions.
- Old Mutual Namibia Leading financial services company offering life insurance, asset management, retirement funding, short-term insurance solutions and financial advice.
- Old Mutual Zimbabwe Largest financial services company in Zimbabwe with the largest market share of the life assurance and asset management industries.
Companies that use Old Mutual
Customer profileSegments4 records
Ideal customer profiles4 records
Old Mutual technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Old Mutual partnerships and signals
Strategic signalScale indicators3 records
Recent moves10 records
Expansion highlights6 records
Old Mutual competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights6 records
Customer concentration
Old Mutual social profiles
Digital presenceOld Mutual financial estimates
Financial estimateRevenue estimate
Valuation estimate
Old Mutual leadership team
Management profileNumber of profiles
Old Mutual subsidiaries and ownership
Company hierarchySubsidiaries5 records
Old Mutual funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Old Mutual M&A and investment
M&A and investmentM&A7 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Old Mutual
What does Old Mutual do?
Old Mutual Limited is a premium African financial services group offering life assurance, investment management, short-term insurance, advice-led wealth management, and banking and microfinance solutions to retail and corporate customers across 12 countries in Africa. The group's offerings are delivered through wholly-owned subsidiaries including Old Mutual Investment Group, Old Mutual Insure, Old Mutual Wealth, Faulu Microfinance Bank, and CABS, providing integrated financial solutions spanning the lifetime financial goals of its customers.
Is Old Mutual a public or private company?
Old Mutual is a public company. It is classified as public and is currently operating.
When was Old Mutual founded?
Old Mutual was founded in 2017. It employs 251 to 500 people.
Where is Old Mutual based?
Old Mutual is headquartered in Johannesburg, South Africa, in the Africa region.
How does Old Mutual make money?
Five revenue lines are on record. Life Insurance and Assurance is the primary driver. The others are investment Management, short-term Insurance, wealth Management and banking and Microfinance.
Does Old Mutual have an API?
No public API is recorded for Old Mutual.
What industry is Old Mutual in?
Old Mutual's product category is Diversified Financial Services. Its primary akta.pro industry code is FSAAAEAA, Equity Mutual Funds (Active), with a secondary code of FSAEABAH, Annuity & Insurance-Based Retirement Solutions Advisory. Its NAICS code is 525910 and its SIC code is 6411.