Business insurance · South Africa · Head-to-head
Hollard vs Old Mutual iWYZE Business
Two South Africa business insurance options, compared side by side for South Africa trades.
Which should you choose?
Hollard and Old Mutual iWYZE Business are closely matched (both Tier A) for South Africa business insurance. The right choice comes down to fit: weigh the pros, cons, pricing, and South Africa-specific notes for each against your trade and region.
Hollard
Tier A · WorkableSME liability + construction & engineering via brokers
Major SA insurer with an SME all-in-one third-party liability policy and construction & engineering products placed through brokers — a serious alternative market for contractor risks.
Pros
- + All-in-one SME liability product
- + Construction & engineering capability
- + Large, established SA insurer
- + Broad broker network
Cons
- − Broker-placed — no direct online quote
- − Less trades-specific marketing
- − Pricing opaque until quoted
- − Service depends on your broker
South Africa note
Ask your broker to run Hollard against Santam on Contractors' All Risks — competition between the two often sharpens the premium.
Old Mutual iWYZE Business
Tier A · WorkableDirect SME cover that explicitly targets tradespeople
Old Mutual's direct insurer, whose business product explicitly names plumbers among its target customers — SME cover up to R30 million with 24/7 emergency assistance, bought direct.
Pros
- + Explicitly markets to trades (e.g. plumbers)
- + Cover up to R30M; 24/7 emergency assist
- + Old Mutual backing
- + Direct purchase, no broker
Cons
- − Less specialist than broker-placed construction cover
- − Quote-based pricing
- − Newer to business lines than Santam/Hollard
- − Standard SME wording — read exclusions
South Africa note
One of the few SA insurers whose marketing speaks directly to tradespeople rather than generic "SMEs" — a sensible direct quote to benchmark.
More South Africa options
See all South Africa business insurance vendors and the rest of the South Africa directory.