The Simah Group
The Simah Group is a South African non-life insurance intermediary and risk advisory firm serving large commercial and corporate clients across 18 sector verticals through licensed FSP entities, a ThinkRisk advisory subsidiary, and an international specialist partner network.
- Company typePrivate
- Founded2022
- HeadquartersCenturia Park, Centurion, South Africa
- Headcount—
- GTM typeB2B
- OfferingServices
What The Simah Group does
The Simah Group is a South African non-life insurance intermediary and risk advisory firm headquartered in Centurion, Gauteng, with regional offices in Umhlanga (KwaZulu-Natal), Cape Town (Western Cape), and Port Elizabeth (Eastern Cape). It serves large commercial and corporate clients across 18 sector verticals, including agriculture, automotive, construction, energy, financial services, healthcare, hospitality, manufacturing, maritime, property, retail, IT, education, and venture capital/private equity. The group is structured around two licensed Financial Services Provider entities (Simah Risk Advisors FSP 13223 and Simah Broking Solutions FSP 53987) plus a wholly-owned intelligence-led advisory subsidiary, ThinkRisk (Pty) Ltd.
The group's core services comprise intermediary/brokerage placement of major non-life insurance classes (property, liability, motor fleet, marine, commercial crime, political risk, construction and engineering, crop and plantations, professional indemnity, personal accident, SASRIA, and terrorism), alongside risk and advisory services such as complex claims management, due diligence on acquisitions, broker tender management, insurance audits, contract reviews, and risk financing solutions including contingency policies and cell captive arrangements. Service delivery is supported by "intelligent software solutions" for risk, data, and incident management, though no proprietary AI/ML capabilities are disclosed.
Commercially, Simah operates a sales-led enterprise GTM with field-based account executives and risk advisors targeting listed, private, and family-owned corporates, complemented by an international specialist partner network (eikos, Torque, Allied Africa, and category-specific partners for aviation, marine hull, HNW personal lines, crisis response, forestry, employee benefits, and credit management). Revenue is generated through insurance commissions on premium placement and professional advisory fees. The group reports over R1.5 billion in premium volume and over 70 employees, holds Level 1 B-BBEE contributor status (51% Black Owned, 41.88% Black Woman Owned) via its partnership with Invequity's Dash Private Equity Fund, and was recognised with the IRMSA 2025 Award for Outstanding Leadership in Risk Management.
The Simah Group firmographics
Firmographics- Name
- The Simah Group
- Legal name
- Simah Risk Advisors (Pty) Ltd and Simah Broking Solutions (Pty) Ltd
- Website
- https://simah.co.za
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Short description
- The Simah Group is a South African non-life insurance intermediary and risk advisory firm serving large commercial and corporate clients across 18 sector verticals through licensed FSP entities, a ThinkRisk advisory subsidiary, and an international specialist partner network.
- Ownership category
- akta.pro rank
The Simah Group industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industry
- Mid-Market Commercial Package (Package Policies) (FSAJAFAB)
Keywords
Where The Simah Group is headquartered
LocationHeadquarters
- HQ city
- Centuria Park, Centurion
- HQ country
- South Africa
- HQ region
- Africa
Offices4 records
Markets served
The Simah Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Insurance Intermediary Services: Procurement of major classes of insurance across various industry sectors including asset all risks, liability, motor fleets, marine, commercial crime, political risk, project and construction risk, engineering, crop and plantations, professional indemnity, personal accident, SASRIA, and riots/terrorism coverage. Revenue is generated through commissions from insurers based on premium placement.
- Risk and Advisory Services: Complex claims management, due diligence on acquisitions, independent management of broker tenders, insurance audits, review of contracts and agreements, and broad range of risk management services. Revenue generated through professional service fees.
- Premium Volume: With over R1.5 billion in premium volume, Simah has significant footprint in South Africa with networks across Africa and strategic partnerships to service international clients in offshore markets.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
The Simah Group product offering
Product offeringCore offering
The Simah Group is a South African non-life insurance brokerage and risk advisory firm that procures major classes of insurance on behalf of large commercial and corporate clients across 18 industry sectors. Its offerings combine insurance intermediary services (asset all risks, liability, motor fleets, marine, commercial crime, political risk, construction, engineering, crop, professional indemnity, personal accident, SASRIA, and terrorism) with risk and advisory services including complex claims management, due diligence on acquisitions, broker tender management, insurance audits, and contract reviews.
Product overview
The Simah Group is a non-life insurance and risk advisory firm operating as a platform of specialised divisions. The core offering comprises Simah Corporate (tailored risk solutions for large commercial and corporate clients) and ThinkRisk (strategic, intelligence-led assessments and advisory services). These are supported by intermediary services for insurance procurement across all major classes (property, liability, motor, marine, crime, political risk, construction, engineering, crop, professional indemnity, personal accident, SASRIA, and terrorism) and risk and advisory services encompassing claims management, due diligence, broker tenders, insurance audits, and contract reviews. The group leverages intelligent software solutions for risk, data, and incident management to enable clients to make informed decisions around insurance and risk-retention programs.
Differentiator
Problem solved
Functional benefit
Products and services
- Simah Corporate Provides tailored risk solutions for large commercial and corporate clients across listed, private, and family-owned sectors. Offers specialised risk placements, considered advice, and holistic operational and strategic risk management with volume and complex claims management.
- Insurance Intermediary Services Procurement of major classes of non-life insurance including asset all risks, liability, motor fleets, marine, commercial crime, political risk, construction, engineering, crop and plantations, professional indemnity, personal accident, SASRIA, and riots/terrorism coverage. Revenue earned through commissions on premium placement.
- Risk and Advisory Services
Companies that use The Simah Group
Customer profileNamed customers1 record
Segments7 records
Ideal customer profiles1 record
The Simah Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Simah Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- ThinkRisk (Pty) LtdcoreThinkRisk provides strategic, intelligence-led assessments and advisory services to enable brokers, insurers, and businesses to strengthen resilience and manage uncertainty with confidence. It is an operating division of Simah Group providing specialized risk assessment capabilities.
- eikosminorInternational partner providing additional capacity and solutions for complex client needs that cannot be addressed by local markets alone.
- TorqueminorStrategic partner enhancing the range of products and solutions offered by Simah.
- Allied AfricaminorRegional partner providing access to continental African markets and networks across Africa.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
The Simah Group competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights7 records
Customer concentration
The Simah Group social profiles
Digital presenceThe Simah Group compliance and trust
Trust signalCompliance3 records
The Simah Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Simah Group leadership team
Management profileNumber of profiles
Profiles3 records
The Simah Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
The Simah Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Simah Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Simah Group
What does The Simah Group do?
The Simah Group is a South African non-life insurance brokerage and risk advisory firm that procures major classes of insurance on behalf of large commercial and corporate clients across 18 industry sectors. Its offerings combine insurance intermediary services (asset all risks, liability, motor fleets, marine, commercial crime, political risk, construction, engineering, crop, professional indemnity, personal accident, SASRIA, and terrorism) with risk and advisory services including complex claims management, due diligence on acquisitions, broker tender management, insurance audits, and contract reviews.
Is The Simah Group a public or private company?
The Simah Group is a private company. It is classified as private equity controlled and is currently operating.
When was The Simah Group founded?
The Simah Group was founded in 2022.
Where is The Simah Group based?
The Simah Group is headquartered in Centuria Park, Centurion, South Africa, in the Africa region.
How does The Simah Group make money?
Three revenue lines are on record. Insurance Intermediary Services are the primary driver. The others are risk and Advisory Services and premium Volume.
Does The Simah Group have an API?
No public API is recorded for The Simah Group.
What industry is The Simah Group in?
The Simah Group's product category is Commercial Insurance Brokerage. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAJAFAB, Mid-Market Commercial Package (Package Policies). Its NAICS code is 5242 and its SIC code is 6411.