[1] Momentum Group Limited engages in long and short-term insurance, asset management, savings, investment and employee benefits through its various brands.

The Group has subsidiaries in Botswana, Ghana, Gibraltar, Guernsey, Kenya, Lesotho, Mauritius, Namibia, Nigeria, UK, South Africa and Zambia.

The change aims to promote the well-known brand names of two of the strongest companies within the Group, Momentum and Metropolitan.

[13] Momentum Group, a subsidiary of MMI Holdings, was the subject of a national controversy in 2018 when it rejected the life insurance claim to the family of Denise Ganas.

Momentum controversially refused to payout the R2.4 million claim arguing that Ganas had a previously undisclosed health condition (high blood sugar levels).

Momentum agreed to amend its policy to payout life insurance claims up to R3 million resulting from violent crime regardless of pre-existing medical conditions.