Old Mutual

Old Mutual Limited, established in 1845, is a South Africa-based financial services group offering a wide range of products and services to retail and corporate customers in Africa, Asia, and other regions. The company provides life and savings insurance, property and casualty insurance, asset management, banking, and lending services. It distributes these products through various channels, including independent advisers, branches, bancassurance, direct and digital platforms, and workplaces. Old Mutual's services cater to individuals, small and medium-sized businesses, and corporates, helping them achieve their financial goals while promoting sustainable development.

Lance Grayson

Investment Principal

Rose Keanly

Managing Director

Farhad Khan

Partner

Tebogo Naledi

Managing Director

Chris Potgieter

Portfolio Manager and CEO

Past deals in Life Insurance

CoverGo

Series A in 2022
CoverGo is a no-code insurance platform designed for property-and-casualty, health, and life insurance companies. It allows these companies to quickly build and launch a wide range of insurance products while facilitating omnichannel distribution and digitizing policy administration and claims processes. The platform is distinguished by its modular and configurable nature, enabling insurers to adapt and innovate products efficiently. CoverGo leverages hundreds of open insurance APIs to enhance connectivity and automate various insurance operations, making it more flexible and adaptable than traditional systems. This approach supports insurance companies in their digital transformation efforts, helping them to operate more effectively and cost-efficiently.

F&G Annuities & Life

Acquisition in 2001
F&G Annuities & Life is an insurance provider that specializes in offering a range of annuity and life insurance products to both individual and institutional clients. The company serves over 700,000 customers across the United States through its subsidiaries, including FGL Insurance and Fidelity & Guaranty Life Insurance Company of New York. F&G Annuities & Life's product portfolio includes various types of deferred annuities, such as fixed indexed annuities and multi-year guarantee annuities, as well as immediate annuities and indexed universal life insurance. Additionally, the company provides funding agreements and pension risk transfer solutions, catering to the diverse needs of its clientele.
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