Business insurance · South Africa · Head-to-head
Hollard vs MiWay Business
Two South Africa business insurance options, compared side by side for South Africa trades.
Which should you choose?
Hollard and MiWay Business are both Tier A, which every business insurance entry without a reputation warning receives, so the tier does not separate them. Weigh the pros, cons, pricing and South Africa-specific notes below against your trade and region.
Hollard
Tier A · ListedBroker-sold business insurance, including construction and engineering cover
Hollard is a privately owned South African insurance group. Its business pages cover liability insurance, commercial insurance and specialist-sector products, including construction and engineering insurance and trade and construction guarantees. Hollard says it works through brokers and advisers, and its business pages send buyers to a broker finder rather than an online quote.
Pros
- + Liability and commercial insurance for businesses from startups to large firms
- + Specialist construction and engineering cover
- + Trade and construction guarantees handled by a dedicated Hollard team
- + Broker and adviser finder on Hollard's site
Cons
- − Sold through brokers and advisers: no online quote on the business pages
- − No prices published
- − Product pages give little detail on what each policy covers
- − Cover details and wording come from your broker, not from the website
South Africa note
Hollard's construction and engineering page and its trade and construction guarantees page list named Hollard contacts, but cover is arranged through a broker or adviser. Contractors can ask their broker to include Hollard when quoting project cover or guarantees.
MiWay Business
Tier A · ListedDirect insurer quoting SME business cover online or by phone, including all-risk and broadform liability
MiWay Insurance Limited is a South African non-life insurer and authorised FSP (33970) that sells through its own full-time sales advisers. Its business insurance covers property, business interruption, vehicles, all-risk items taken away from the business address (with worldwide cover) and broadform liability that lists public, product, employers' and defective workmanship liability. MiWay publishes no standard price and quotes each business online or by phone.
Pros
- + Quote online, by call-back or on 0860 64 64 64
- + All-risk cover for items taken away from the business address, with worldwide cover
- + Broadform liability includes defective workmanship and employers' liability
- + Business pages cater for home-based and one-person businesses
Cons
- − No standard prices; every business is quoted
- − No trade-specific product for tradespeople on the business pages
- − Sold by MiWay's own advisers, so no independent broker compares insurers for you
- − Liability limits are not published on the website
South Africa note
MiWay's broadform liability extends to premises other than the business address while you are doing work-related activities. Claims can be lodged by phone, online or in the MiWay app within 30 days of the event, according to its FAIS disclosure notice.
More South Africa options
See all South Africa business insurance vendors and the rest of the South Africa directory.