Excutive Summary
Kakgo Microinsurance (Pty) Ltd is a fully licenced compliant insurance enterprise.
Although the Microinsurance sector in South Africa is still facing transformation dynamics, Kakgo Microinsurance tapped into the market as an emerging market player that will be providing innovative, cost-effective at all times as a cornerstone of all offerings of the enterprise.
The evolution of the microinsurance sector in South Africa has witnessed exponential expansion that has seen South Africans who were not able to gain access to the mainstream insurance being able to participate. With the current over 12% middle class that has increased from a mere 4% in 1994 to the current, a demand for proper, sustainable and cost-effective insurance solutions has become pertinent.
The current state of the economy in the country limits access of the lower LSMs into the mainstream access to quality, professional insurance.
Strategic Intent
Kakgo Microinsurance (Pty) Ltd is formed as a warm brand that advances the interest of the client over the commercial interest of the enterprise positioning itself as a broad provider of insurance solutions to both the lower-end and high-clients with care and compassion. Understanding the complexity of the financial services sector; Kakgo Microinsurance (Pty) Ltd intends to change the perception by positioning itself at the centre of the primary interest of clients.
Compliance and legal form
Kakgo Microinsurance (Pty) Ltd is fully registered with the Companies and Intellectual Property Commission (CIPC) of the Department of Trade, Industry and Competition (The dtic) as a private company in line with the provisions of Companies Act, No 71 of 2008, and further fully registered with the Prudential Authority (SARB) as a licenced Microinsurance. Kakgo Microinsurance (Pty) Ltd is also fully tax compliant and registered with the South Revenue Services.
Mission Statement
Our mission is to build long-term relationships with our customers, through transparency, honesty, and exceptional service, to earn their trust and loyalty and also to help our partners manage risk and achieve their goals through our expertise, technology and commitment to excellence.
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Since 2019 we have been a visionary and a reliable insurance partner for world-class insurance.