MMI Holdings Limited (MMI) is a South African based financial services group listed on the South African stock exchange, the JSE.
MMI was formed from the merger of Metropolitan and Momentum, sizable insurance-based financial services players in South Africa. With market capitalisation of R26.7bn and an embedded value of some R31.1bn, MMI was already the third largest life insurer in South Africa when it listed on the JSE Stock Exchange on 1 December 2010.
The core businesses of MMI are long and short-term insurance, asset management, savings, investment, healthcare administration, health risk management, employee benefits, and rewards programmes. MMI conducts its business through operating brands Metropolitan, Momentum, Guardrisk, and Eris Properties.
MMI has embraced the need to shift toward a client-centric operating model. Client-centricity defines the existence of our organisation, which is to enhance the lifetime financial wellness of people, their communities and their businesses.
Underpinning the execution of our strategy and the implementation of our operating model is our continued objective of connecting meaningfully with consumers, and being a good corporate citizen. We aim to make a difference in society, and to make our world a better place. The essence of our existence is to enhance financial wellness. In the current business reality, these imperatives are fundamental to our sustained success.
To be the preferred lifetime financial wellness partner, with a reputation for innovation and trustworthiness.
To enhance the lifetime financial wellness of people, their communities and their businesses.
A culture that is grounded in the values of accountability, excellence, integrity, diversity, innovation and teamwork
Growth, client-centricity, excellence
MMI is a values-based organisation.
As a young company, these values guide our actions, intent and shape our culture and commitment to excellence, in all that we do.
We show accountability in our willingness to take ownership for our roles, responsibility for our actions and outcomes, and by honouring our obligations to all stakeholders.
Throughout our organisation we embrace and promote diversity, together with the many talents and skills our employees bring from different backgrounds and perspectives.
We strive for excellence in everything we do, by delivering the highest standard of products, service and performance to all stakeholders.
We thrive on innovation by challenging ourselves to find better solutions, continuously improving our processes and growing our people.
We uphold integrity in living up to what we say, doing the right thing, being honest and treating all people with respect.
Through teamwork, we support each other by listening, collaborating, encouraging and respecting each other in our quest to achieve mutually beneficial results.