MMI Holdings changes their name
The strength in the new MMI Holdings’ name is rooted in their two retail brands, Momentum and Metropolitan.
Born from a merger of Momentum and Metropolitan in 2010, MMI Holdings became one of South Africa’s largest insurance companies listed on the JSE.
Momentum and Metropolitan are both well-known, and it has been established that when they stand together, they are stronger.
To leverage this power and highlight the legacy of who and what they stand for, the insurance and financial services group has changed its name to Momentum Metropolitan Holdings.
The name change reflects this strength. This move will give the organisation more exposure and aligned awareness in sync with the
group’s Reset and Grow Strategy. This plan will also ensure that internal and external stakeholders together with investors get a better understanding of what the listed company represents, while also demonstrating the strength of a combined collection of strong
companies and competencies.
The group continues to include specialist companies such as Guardrisk, Exponential and Eris Property Group.
The names of the various businesses carrying the Momentum and Metropolitan brands respectively, including any policies, memberships, agreements and investments, remain unchanged. Their individual brand entities Momentum and Metropolitan stay as they are.
Momentum Metropolitan will trade as Momentum Metropolitan Holdings Limited, listed on the Johannesburg Stock Exchange (JSE) (code MTM) in South Africa and on the Namibian Stock Exchange (NSX) (code MMT) in Namibia.
The company is proud of what it has achieved. This includes Momentum Metropolitan being the first insurance company in South Africa to achieve Level 1 B-BBEE status under the new FSC code. It has invested over R200 million in CSI initiatives, focusing mainly on youth
employment since 2011.
Their purpose of enabling businesses and people from all walks of life to achieve their financial goals and life aspirations, to over 7 million clients is supported by over 16 000 employees worldwide. The company helps people grow their savings, protect what matters, and invest for the future.
Learn more at www.momentummetropolitan.co.za or +27 12 671 8911.