Momentum Awards

Momentum Insure

Momentum Insure was recognised as an Ask Afrika Icon Brand™ for 2023/2024, winning in the Building & Contents Insurance category.

The Ask Afrika Icon Brands Benchmark Survey recognises brands that South Africans know, use and trust. Icon Brands are those that people are loyal to and choose to support through their everyday spending.

Thank you, South Africa, for voting with your hearts and wallets.

The Momentum Social Infrastructure Fund is helping to address South Africa’s student accommodation shortage by investing in safe, affordable housing solutions that make a meaningful impact.

We’re proud that the Fund has been recognised as the “Impact Project/Investment of the Year – Education” at the Environmental Finance 2023 Impact Awards. Congratulations to our Alternative Investments team, led by Motlatsi Mutlanyane, on this outstanding achievement.

Momentum Investments

Now in its 11th year, this prestigious industry event recognises hedge fund managers who have successfully managed changing market conditions and delivered strong returns.

The awards are based on risk-adjusted returns for the 2019 calendar year. The judging process considers net returns and the Sharpe ratio, which measures investment volatility.

Momentum Investments won the award for Best Hedge Fund in 2019 for its Momentum RCIS ZAR Diversified Qualified Investor Fund of Hedge Fund. The award was presented at the 2019 HedgeNews Africa Awards on 20 February 2020.

The Momentum RCIS ZAR Diversified QI Fund of Hedge Fund is a diversified, multi-strategy hedge fund. It aims to deliver returns above the cash rate.

Momentum Investments

For the second year in a row, Momentum Investments won the coveted Raging Bull Award at the annual event held in January 2020 in Cape Town. Now in its 24^th year, this esteemed awards ceremony recognises top performers across a range of sectors. It also acknowledges top-performing investment managers, best risk-adjusted performers, and the best unit trust management companies.

The Momentum Enhanced Yield Fund was awarded the Best South African Interest-Bearing Short-Term Fund. This award highlights the value of taking a long-term investment.

Top performance in 3 categories
Momentum Investments

Every year, the Raging Bull Awards recognise the best funds and fund managers.

Momentum’s International Balanced Feeder Fund and Momentum Global Investment Management team won the award for Best (South Africa-domiciled) Global Multi-Asset High Equity Fund. The award recognises strong performance based on risk-adjusted returns by a domestic collective investment scheme.

In the risk-adjusted category, the Momentum Enhanced Yield Fund was named Best South African Interest-Bearing Short-Term Fund.

The Momentum Financials Fund won the award for Best South African Equity Financial Fund. This award recognises the top-performing domestic collective investment scheme.

Favourable rating – Annual survey of medical scheme administrators Momentum Health Solutions

Momentum Health Solutions was awarded the prestigious Golden Arrow Award at the PMR.Africa Business Excellence Awards on 11 February 2019.

On an annual basis PMR.Africa asks respondents from large and smaller businesses to rate their experience in the category of Medical Scheme Administrators. The survey is very in-depth and involves ratings across 37 different criteria.

Momentum Health Solutions scored very favourably in all categories and received an overall rating of 8.15 out of 10.

Momentum Smart Underwriting

Momentum’s Smart Underwriting solution won a Silver Loerie Award in the Service Design category. The Service Design category was introduced in 2015 to recognise brands that engage their customers in an innovative way.

Smart Underwriting is Momentum Corporate’s third “smart” innovation, set to reinvent the underwriting experience by allowing customers to engage with the insurer through everyday channels on a real-time basis; using a combination of SMSs, emails and a user-friendly website.

Top accolade Momentum Metropolitan Holdings Limited

Leading companies enter the awards by demonstrating how they used research findings to develop innovative solutions in their industry. An independent panel of nine judges evaluates the entries.

Ask Afrika conducted fieldwork for Momentum Metropolitan Holdings Limited between 2016 and 2017. The research focused on employee productivity. The results were analysed and used to produce the Presenteeism Report in 2018.

The research shows companies what proportion of employees are distracted at work and how much time employers lose as a result. It also gives employers an opportunity to help employees improve their personal situation, including their health and finances.

“This is for the greater good of all – the employees’ benefit, the employers’ benefit and ultimately the economic benefits,” said Elaine Wright, client engagement manager at Momentum Metropolitan Holdings Limited.

The winner received a sculpture called Voëlvry. Renowned artist Anton Smit created the sculpture specifically for the awards.

Customer satisfaction
Metropolitan

According to the South African Customer Satisfaction Index (SAcsi) for life insurance, conducted by Consulta, South African life insurance customers are the most satisfied with Metropolitan.

The satisfaction score is based on brands exceeding or falling short of customer expectations and assessing how well a brand is measured against respondents’ perception of the ideal life insurer. The index also includes, among other measures, a Customer Expectations Index, a Perceived Quality Index and a Perceived Value Index. According to the findings, Metropolitan’s customers are still the most satisfied with the group’s service.

Service excellence
Metropolitan Long-term Insurance

South Africans have voted Metropolitan as their country’s top long-term insurer for service excellence. This year, the country’s broadest service benchmark measured 167 companies across 29 industries, with over 12,000 interviews conducted amongst randomly selected consumers.

“We are incredibly proud of this accolade, which follows hot on the heels of us receiving the highest rating in the South African Customer Satisfaction Index for life insurance companies – for the third year in a row,” says Metropolitan Retail CEO, Peter Tshiguvho. “Clearly, we must be doing something right, but we believe we still have room for improvement.

Service Design
Momentum Corporate Smart Exits

Momentum’s Smart Exits solution, developed together with Accenture, won the Gold Award in the Service Design category.

Smart Exits is the first online process of its kind. It guides Momentum’s retirement fund members to make better financial decisions. Smart Exits saves members’ time and enhances their financial situation by reducing the temptation of taking their retirement savings as a lump sum and spending it, instead of preserving it for when they retire, when they change employers.

Financial control: Managing current expenditure
Momentum’s FundsAtWork Umbrella Funds

Momentum’s FundsAtWork Umbrella Funds won the Imbasa Yegolide Awards Fund Challenge in the “Financial control: Managing current expenditure” category, with Motheo Financial Dialogues.

Motheo Financial Dialogues is a financial literacy programme that helps 400 000 FundsAtWork members, and South Africans more broadly, build a strong foundation for financial wellness.

Katherine Barker, Head of Momentum Metropolitan FundsAtWork, says, “Quality consumer financial education has a big role to play in closing the retirement and insurance gaps. However, many members of retirement funds are intimidated by the technical financial jargon used in our complex industry.

This is why Momentum Metropolitan developed Motheo Financial Dialogues. Motheo is a Sesotho/Setswana name meaning ‘foundation’. The programme aims to simplify financial planning and help members build a strong foundation for their financial wellness journey.”

Product Supplier of the Year
Momentum Health

Momentum Health took 1st place in the Product Supplier of the Year – Healthcare category at the 2017 Financial Intermediaries Association (FIA) Awards.

Momentum Metropolitan was also nominated in four other categories: Short Term Insurer of the Year – Personal Lines, Long Term Insurer of the Year – Risk, Product Supplier of the Year – Employee Benefits and Product Supplier of the Year – Healthcare.

Commenting on the win, Damian McHugh, Head of Marketing at Momentum Health, said, “We are very pleased to be recognised by the financial advisers who are the engine of the industry. At Momentum Metropolitan, we recognise the important role that advice plays in our clients’ financial wellness. This award confirms that we are making progress with our client-centric strategy. We will continue to focus on excellence and innovation in how we engage with our stakeholders.”

Customer satisfaction
Metropolitan

South African life insurance customers are most satisfied with Metropolitan.

Now in its 5th year, the SAcsi Benchmark for Life Insurance provides independent insights into the South African life insurance industry. It measures customer expectations, perceived quality and perceived value to give an overall score out of 100.

The 2016 industry index included South Africa’s 6 largest insurers: Metropolitan, Discovery, Old Mutual, Liberty, Momentum and Sanlam. The survey included 2 460 randomly selected customers.

Metropolitan scored 82.6, well above the industry average of 79. Its score has also improved consistently over the past three years, rising from 81.4 in 2015 and 74 in 2014.

We’re honoured that our exceptional financial advisers continue to entrust us with providing employee benefits for their clients.

For the second year in row, we’ve won the Financial Intermediaries Association of Southern Africa (FIA)’s Product Supplier of the Year - Employee Benefits!