What We Offer

Customized Solutions

Business Risk Cover

Ready for Anything

Industry specific insurance and risk management program structuring and advice that includes:

Assets and Liability programs, such as and not limited to:

Property
Equipment, and
Motor Fleets

Specialty lines, such as and not limited to:

Marine
Aviation
Mining and Construction
Cyber Risks
Commercial crime, and
Directors and Officers (D&O)

Risk Management program development and implementation (key for today’s insurance markets)

Omnis has assisted our clients with bespoke solutions to challenge problems, by engaging with insurers innovatively by suggesting alternative ways of minimising uninsurable or unattractive risks.

People Risks

The Protection You Need

Due to the unique challenges we face in South Africa in terms of social security and national health insurance (NHI), businesses have taken on the social responsibility of protecting their employees and their families through group healthcare, risk and retirement vehicles.

People risks that we advise on predominantly include and are not limited to:

Examples of the advisory services that we provide are as follows:

Guiding Boards of Trustees and Management Committees (who are the decision makers on the Retirement Savings and Group Benefits offered to employees) by articulating the cost and benefit effectiveness and value of their Retirement Fund and Group Risk Benefits to employees
Optimal benefit structuring and contribution levels for retirement savings and group risk benefits provision and the development and alignment of a business’s investment strategy to the demographic of its employees
Providing data analysis and market information on the business, and the evolving market conditions to pro-actively drive decision making
Member communication that encourages the behaviour of long term saving and preservation
Advice and planning regarding legislative changes
Operational efficiencies through the systems and technology offered by the insurers and retirement administrator.

Retirement and Group Risk Benefits

Retirement is a highly regulated environment that doesn’t currently enforce the behaviour of long-term saving.

In this environment, our role is to constantly communicate the right behaviours about saving for the long-term. We are also need to be highly critical with providers about fees they charge that ultimately erode from the savings contributions that your employees are investing.

Maximising savings is our objective, together with the interrogation of Retirement Administrators to offer integrated systems and technology to minimise the burden of administration on your business and employees.

South Africans find the value of Group Risk Benefits (for example, Life, Disability and Funeral cover) of high importance due to their family circumstances. These benefits in many instances can be seen as more of a priority than long term investing in certain populations in South Africa.

The value in offering these benefits within a group can have significant cost and eligibility benefits to employees within your business. It is however critical to get the right balance between long term savings, and group risk cover to ensure employees prepare for both life changing scenarios.

Many businesses have struggled for the last few years, and some have even shut their doors more recently. Many have been severely financially impacted by not having the right insurance cover and risk program in place relevant to their industry and specific business needs.

There needs to be a reset and rethink about identifying and addressing the risks that your businesses is now facing. Markets and technology are changing businesses significantly and your business may be become vastly different due to the seismic shifts on the environment.

At the same time, your business has a directional focus, and planning, preparing and ensuring the direction that the business is going regularly ensures you are prepared for the risks that come with it.

It’s important that you are confident in making the risks that you take to drive the business forward.

Healthcare

We offer advice and education around the benefits and cost appropriateness of the health products offered to employees of your company. We develop structured healthcare programs for you that can include:

A competitive and relevant company healthcare policy
A Health Audit, to understand current programs, covers and interventions to identify how products are integrating and not duplicating efforts and cost
Regular advice around the competitiveness of your chosen healthcare products, as the environment evolves, and new products are introduced.

Examples of some of the solutions often utilised by an organisation like yours:

Medical scheme optimisation

Frequent International Travel solutions

Primary care and Occupational health

Employee Assistance and Employee Wellness

Health Insurance products

HIV/AIDS management

Expat coverage

Cost management for Post-Retirement healthcare commitments