Who is Commrisk?

Commrisk offers insurance services that are quick, efficient and effective.

Commrisk offers insurance services that are quicker, more efficient and more effective than what you may be used to.

In addition, there is a Commrisk in your area, wherever you are in South Africa. Commrisk is authorised to act on behalf of major short-term insurance companies – including Hollard, Etana, Zurich, Mutual & Federal and Santam, and is proud to have strong relationships with numerous long-term insurers - namely Liberty Life, Discovery Life and Momentum Life. This speeds up our insurance service delivery to all clients.

An Authorised Financial Services Provider' FSP No.13839

Why choose us

  • Because we understand risk management, no risk is overlooked.
  • We try to learn everything we can about your particular industry.
  • Our local underwriting experts underwrite your risks.
  • Our local offices print and deliver your insurance policies.
  • We can activate endorsements or changes immediately.
  • We are empowered by the main insurers to settle claims with you.

Emergence

Established in 1997 as Multi Risk Managers, Commrisk Insurance Brokers has built a valuable and extensive South African footprint as a national commercial insurance brokerage, with representation in six of the country's provinces: Gauteng, the Western Cape, KwaZulu Natal, the Eastern Cape, Limpopo, and the Free State.

Commrisk proudly dominates an insurance industry niche in the medium to large commercial and industrial segments of business, although it also provides specialist cover for alternative risk transfer, aviation, transport, marine entities, political risk, credit, engineering and individuals (personal lines, health insurance, life assurance).

History

Commrisk Insurance Brokers comes from a rich insurance broking history, beginning in 1997 with the establishment of Multi Risk Managers. Multi Risk Managers was a Johannesburg-based short-term brokerage whose growth was principally via acquisition.

In 2000, spearheaded by certain directors of Standard Bank Insurance Services, the commercial and industrial book of business of the Standard Bank Group was bought, and Commrisk Insurance Brokers emerged.

In 2007 Multi Risk Managers bought a controlling interest in Commrisk. In 2009, Multi Risk Mangers merged with Commrisk to integrate the pair's resources on a single IT platform, with one administration and support system.

The two now trade as Commrisk.

Commrisk became a Hollard Select Broker Equity Partner in 2002 and was able to formulate a serious brokerage of substantial critical mass, augmented by a sustainable and well-established track record in the market.

In the last five years, Commrisk has found itself in the position of having successfully diversified its book of business and become a serious player among the larger second-tier brokerages in South Africa.

In 2010 Anchorage Insurance Brokers merged with MultiRisk Managers Life division to form Commrisk Life.

Philosophy

Commrisk is known for industry-leading intellectual capital and many years of exceptional insurance expertise across all of its national branches. The brokerage has also developed a reputation for brokers and support staff with skill, passion, strong ethics, and a commitment to transforming clients into long-term partners.

By way of example, we have clients for whom we provided short-term insurance for a single car many years ago. Today, they are the owners of large multinational organisations that are listed on the JSE. We also have clients who, many years ago, had us insure a single store. Today, they are the owners of thriving chains.

Vision & values

To be the financial services and insurance partner that clients – both individuals and organisations – seek out, because we do what we say and we constantly set new benchmarks for ourselves and for the South African insurance industry.

Commrisk prides itself on the following values:
  • Services
  • Professionalism
  • Ethics
  • Creativity
  • Flexibility

© 2015 Commrisk. All rights reserved.