These companies provide financial services solutions across short-term insurance, life assurance, employee benefits and fund management. Fred Robertson is a founder and the Chairman of each of the Lion of Africa companies.
Lion of Africa Insurance Company
Adam Samie is the CEO and a founder of Lion of Africa Insurance Company, formed in 1999 and delivers quality insurance risk services to its customers. The company's effective Black equity shareholding is 65%, making it the largest black owned equity and managed insurer in South Africa.
Lion of Africa Insurance offers specialised commercial and corporate products to local government/administration, the marine and engineering sectors. Personal product solutions include Lionshare Classic and Lionshare Select (household protection), and Lionshare Schemes (specially designed personal insurance packages).
Lion of Africa Life Assurance Company
Karen Louw is the CEO of Lion of Africa Life Assurance Company which has its origins in the African Peoples Organisation (APO) formed in 1902. APO Burial Society became part of Lion of Africa in 2002. Its licence was subsequently upgraded to a full life assurance licence and it now operates throughout the long term insurance sector.
Lion of Africa Life Assurance Company provides a range of cover for Group Risks, Individual Risk and Savings Products ranging from funeral plans to retirement annuities. It offers a comprehensive employee benefits offering through Lion of Africa Employee Benefits, which includes Administration and Investment.
Lion of Africa Fund Managers
Lion of Africa Fund Managers was founded in 2002. Nisaar Pangarker heads this fund management company with Liston Meintjes acting as Chief Investment Officer and manages assets from both retail and institutional clients. Lion of Africa Fund Managers utilises a "manager of managers" business model, with two unit trusts - the Lion of Africa General Equity fund and the Lion of Africa Real Return fund.
The Lion of Africa companies combined have 180 employees located in Cape Town, Johannesburg, Durban and Pretoria.
