Fulcrum Logo

ABOUT US

THE FULCRUM GROUP OF COMPANIES IS SOUTH AFRICA’S FOREMOST INDEPENDENT PROVIDER OF PREMIUM COLLECTION AND PREMIUM FINANCE TO THE INSURANCE INDUSTRY.

Our brand promise is “We see it differently” – and our track record illustrates that we certainly do. We’ve always taken the innovative route, developing systems that meet legal and regulatory requirements, to future-proof and de-risk our clients, and provide them with efficiency, convenience and cost savings.

EST 2012

Although our roots stretch back nearly three decades (and our leadership collectively boasts decades of experience in both the insurance and finance sectors), we first took the Fulcrum name in 2012. We officially launched to the market in 2013.

SPECIALIST SUPPORT

From the start we’ve provided specialist financial and back-office support to brokerages, UMA’s and insurance companies, helping them to optimise and de-risk their operations, save money and focus on what they do best: providing their customers with advice and service.

CORE FOCUS

Today, after the disposal in 2019 of our Fulcrum Flexi (FlexiBroker) insurance management system, our acquisition finance, broker equity partnerships and Treasury asset management businesses, we focus on our two core businesses, which operate under a common holding company:

FULCRUM COLLECTIONS
We ensure that premium collections for brokers, UMA's and insurers are accurate, timely, efficient and risk-free. We’re a leader in this field: our latest premium collections system, Fulcrum AirCollect™, is a game-changer for the insurance industry – and we believe it’s a world first.

FULCRUM PREMIUM FINANCE
We provide premium finance to brokers and their clients. In particular, companies covered by multiple lines of insurance with various insurers; or companies that pay premiums annually. With Premium Finance, cash flow requirements aren’t impacted and there’s no need to approach a bank.

ACCREDITATIONS & AUTHORISATIONS

Fulcrum Collect (Pty) Ltd is registered with the Payments Association of South Africa (PASA) as a Third-Party Payment Provider in terms of SARB Directive 1 of 2007

Fulcrum Collect (Pty) Ltd is registered with the Financial Sector Conduct Authority (FSCA) as an Authorised Financial Services Provider.  FSP 50705

Contact details of the Key Individuals

Name: Jade Jensen
Email:  info@fulcrum.co.za

CATEGORY DESCRIPTION ADVICE AUTOMATED ADVICE NON-AUTOMATED INTERMEDIARY SCRIPTED INTERMEDIARY OTHER
Category 1
Long-Term Insurance subcategory A
X
Short-Term Insurance Personal Lines
X
Long-Term Insurance subcategory B1
X
Long-Term Insurance subcategory B2
X
Long-Term Insurance subcategory B2-A
X
Long-Term Insurance subcategory B1-A
X
Short-Term Insurance Personal Lines A1
X
X
X
Short-Term Insurance Commercial Lines
X
  • ABSA Insurance Company Limited
  • AIG South Africa Limited
  • Allianz Global Corporate & Speciality South Africa Limited
  • Bryte Insurance Company Limited
  • Centriq Insurance Company Limited
  • CHUBB Insurance South Africa Limited
  • Compass Insurance Company Limited
  • Constantia Insurance Company Limited
  • Discovery Insure Limited
  • Genric Insurance Company Limited
  • Guardrisk Insurance Company Limited
  • The Hollard Insurance Company Limited
  • Credit Guarantee Insurance Corporation of South Africa Limited
  • Infiniti Insurance Limited
  • King Price Insurance Company Limited
  • Land Bank Insurance Company (SOC) Limited
  • Liberty Life Insurance Company Limited
  • Lloyd’s South Africa
  • Lombard Insurance Company Limited
  • Old Mutual Insure Limited
  • New National Assurance Company Limited
  • Oakhurst Insurance Company Limited
  • Renasa Insurance Company Limited
  • RMB Structured Insurance Limited
  • Safire Insurance Company Limited
  • Santam Insurance Company Limited
  • Auto & General Insurance Company Limited
  • Western National Insurance Company Limited