Commrisk Insurance Brokers

What Commrisk Insurance Brokers does

Commrisk Insurance Brokers (Pty) Ltd is a privately held South African insurance brokerage group registered in 2001 and regulated by the Financial Sector Conduct Authority under FSP13839. The group operates two principal divisions: a Short Term Commercial and Corporate Services division that structures bespoke risk and insurance solutions for corporate clients across manufacturing, retail/wholesale, mining, hospitality, construction, transport and logistics, professional services, agriculture, public and private institutions, and IT/communications/technology; and a Short Term Personal Lines division that places motor, householders, and personal all-risks cover for individual clients, with a High Net Worth sub-segment offering tailor-made solutions. The group earns revenue through commissions from insurers on its panel when placing policies on behalf of clients — a transaction-fee model with no publicly disclosed pricing.

The business is delivered through a national branch network of nine offices (headquartered in Johannesburg's Lonehill, with branches in Bethlehem, Bloemfontein, Cape Town, Durban, East London, Port Elizabeth, Pretoria, and Welkom) supported by Sales Consultants and qualified insurance advisors, plus an online quote-request form as a digital lead-capture channel. The corporate group comprises four wholly-owned South African (Pty) Ltd subsidiaries: Commrisk Insurance Brokers Welkom (FSP49145), Commrisk Eastern Cape (FSP45104), Commrisk Life (life insurance distribution), and Multi Admin (shared services administration).

The operating model is sales-led and relationship-driven, with no proprietary technology platform, no disclosed AI/ML capability, and no disclosed funding. The only third-party integrations visible are Google and DoubleClick advertising cookies used for retargeting. The group's value proposition rests on qualified human advisory expertise, alternative risk transfer capability (cell captive and self-insurance structures), and a multi-insurer panel. The company runs a Soft Landings CSR programme with four Gauteng-based non-profit partners (Kids Haven, Daily Bread Charity, Footprints P.L.A.Y, and Witkoppen Clinic).

Name

Commrisk Insurance Brokers

Legal name

Commrisk Insurance Brokers (Pty) Ltd

Website

https://commrisk.co.za

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Commrisk Insurance Brokers is a privately held South African insurance brokerage (FSCA-authorised, founded 2001) operating two divisions — commercial/corporate risk solutions and personal lines — through nine branch offices nationally and earning commission revenue from insurers on its panel.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Insurance Agents, Brokers & Service (6411), Life Insurance (6311)

akta.pro primary industry

Commercial Lines Insurance Brokerage (FSAEADAB)

akta.pro secondary industries

Retail (Personal Lines) Insurance Brokerage (FSAEADAA), Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ), Individual Health Insurance Brokerage & Distribution (FSAIAEAL)

Keywords

• Commercial insurance brokerage
• Personal lines insurance
• Corporate risk management
• Short term insurance
• Insurance advisory

Headquarters

HQ city

Gauteng

HQ country

South Africa

HQ region

Africa

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Insurance Brokerage Commissions: Commrisk generates revenue as an insurance broker by earning commissions from insurers when placing insurance policies for clients. They offer composite insurance solutions for commercial clients and personal lines insurance for individuals through their panel of insurers.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Commrisk Insurance Brokers is a national South African insurance brokerage that places commercial and personal lines insurance policies on behalf of clients. Its Short Term Commercial and Corporate Services division structures and places bespoke risk and insurance solutions for businesses across sectors including Manufacturing, Retail/Wholesale, Mining, Hospitality, Construction, Transport and Logistics, Professional Services, Agriculture, and IT/Communications/Technology. The Short Term Personal Lines division offers motor, householders, personal all-risks, personal liability, domestic buildings, household contents, pleasure craft and travel insurance for individuals, with specialized solutions for high-net-worth clients.

Product overview

Commrisk Insurance Brokers operates as a national brokerage offering two primary divisions: Short Term Commercial and Corporate Services for business clients, and Short Term Personal Lines for individual clients. The commercial division specializes in bespoke risk and insurance solutions for companies requiring innovative and integrated risk management approaches, covering sectors including Manufacturing, Retail/Wholesale, Mining, Hospitality, Construction, Transport and Logistics, Professional Services, Agriculture, Public and Private Institutions, and IT/Communications/Technology. The personal division provides traditional motor, householders, and all risks insurance. Both divisions offer access to a comprehensive range of insurance products through advisory services, with the High Net Worth sub-product offering flexible, tailor-made solutions for high-value clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Short Term Commercial and Corporate Services Bespoke structuring, placement, and servicing of risk and insurance solutions for companies whose size and/or complexity demands an innovative and integrated risk management approach. Covers sectors including Manufacturing, Retail/Wholesale, Mining, Hospitality, Construction, Transport and Logistics, Professional Services, Agriculture, Public and Private Institutions, and IT/Communications/Technology. Product categories include Commercial Buildings, Property Damage/Business Interruption, Cyber Risks, Directors & Officers / Management Liability, Professional Indemnity, Marine Cargo/Transit, Heavy Commercial Vehicles, Combined Commercial/Multiperil, Commercial Crime, Community Schemes, Contingency/Self Insurance Solutions (cell captive and self-insurance structures), Contractors All Risks and Public Liability, Environmental Liability, Hospitality, Mechanical/Electrical Breakdown, Specialist Broadform/Comprehensive General Liability, and Accident and Health.
• Short Term Personal Lines Personal lines insurance for individuals, with traditional motor, householders and all-risks cover as the core of the division's services, supported by qualified and highly skilled insurance experts. Coverage includes Domestic Buildings, Household Contents, Personal All Risks (jewellery, laptops, artwork, sporting equipment), Personal Liability, Motor Vehicles (third-party to comprehensive), Pleasure Craft, Travel Insurance, and Value Added Products.
• High Net Worth Insurance Sophisticated insurance solutions for high-net-worth clients with specific and unique requirements, offering flexible and tailor-made risk solutions for high-value assets.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Four partnerships are on record, tiered minor.

• Kids HavenminorOthersKids Haven is a registered South African Non-Profit Organization situated in Benoni, Gauteng, founded in October 1992. It provides protection and care for vulnerable children including street children through shelter, education, training and therapy. Since inception, Kids Haven has changed the lives of 5,135 children. Commrisk provides a Soft Landing to residents of Kids Haven through their feeding scheme initiative.
• Daily Bread Charity OrganizationminorOthersDaily Bread Charity Organization is a charity and non-profit organization in Fourways, Gauteng, established in 2008. It provides counselling, psycho-social support for vulnerable children, feeding programmes, disaster relief and skills development. Commrisk provides a Soft Landing through their feeding scheme initiative.
• Footprints P.L.A.YminorOthersFootprints P.L.A.Y (Participating in the Lives of Africa's Youth) is a Non-Profit Organization located in Lanseria, Gauteng, founded by Yolanda Zafi PhD. The organization helps meet the needs of children by providing a place of safety where they experience family life while being educated and taught life skills. Commrisk provides a Soft Landing through their feeding scheme.
• Witkoppen ClinicminorOthersWitkoppen Clinic is a South African Non-Profit Organisation providing comprehensive, high quality primary healthcare and social welfare services. The Clinic has been in operation since 1946 and services more than 7,000 patients monthly. Commrisk provides a Soft Landing through their feeding scheme initiative.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Old Mutual Insure: Large South African insurer and financial services group with brokerage and direct distribution of personal and commercial short-term insurance. Comparable to Commrisk through overlapping customer segments and product set, though backed by a balance-sheet carrier and broader investment product offering.
• Aon South Africa: Global insurance brokerage and risk advisory firm with a substantial South African presence serving large corporates across multiple industries. Directly competes with Commrisk for enterprise commercial insurance mandates with a broader specialty and reinsurance advisory offering.
• Arthur J. Gallagher & Co. (South Africa): Global insurance brokerage and risk management firm with operations in South Africa serving commercial and corporate clients. Competes head-to-head with Commrisk on multi-line commercial placement, employee benefits, and risk consulting, but with significantly more international reach and resources.
• Marsh South Africa: Part of the global Marsh & McLennan group, Marsh South Africa is a major risk and insurance brokerage serving enterprise clients with risk management, captive advisory, and specialty placement. Comparable to Commrisk on commercial lines while operating at materially larger scale.

Emerging players

• Naked Insurance: South African insurtech offering app-based, fully digital short-term personal lines insurance. Competes with Commrisk's personal lines division on home and motor coverage through a leaner digital experience and lower operating cost.

Direct peers

• Camargue Underwriting Managers: South African specialist insurance intermediary and underwriting manager focused on commercial and corporate lines. Direct peer because it competes with Commrisk for medium-to-large commercial placements through specialist underwriting and brokerage capabilities.
• Renasa Insurance Brokers: South African short-term insurance brokerage serving commercial and personal lines through a national branch network. Closely comparable mid-market broker with similar composite commercial and personal offerings and a regional branch footprint.
• PSG Konsult Limited: South African financial services group with an insurance brokerage arm serving both commercial and personal lines clients nationally. Highly comparable business model as a multi-product, multi-channel intermediary operating across personal, commercial, and life insurance distribution.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/commrisk-insurance-brokers

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Commrisk Insurance Brokers