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History

Who
are we?

Our journey began in 1993 when we identified a gap in the device and related insurance fulfilment market. We defined a vision for excellence that has kept us focused to be the Finrite we are today and we continue to strive based on this vision.

Our successful partnership with Tigerwit Investments

Finrite’s evolution has seen us transform over the years. A tight family business, the company was bought by Glenrand MIB in 2007. Aon SA then acquired Glenrand in 2011, and the family bought the business back in 2015.

The company is now black majority-owned by Tigerwit Investments. In October 2019, Finrite concluded a deal with Tigerwit, which ensured that the company became one of the most transformed financial administrators in South Africa. Tigerwit, as a strategic partner, is committed to active involvement in the business to make a strong contribution, both commercially and in continued transformation.

Its involvement has brought with it strong commercial and governance discipline in the areas of strategy formulation and execution, as well as business development.

Over the years, Finrite has transformed from a small business into one of the most respected black-owned leaders in the insurance administration sector. Our partnership with Tigerwit has further strengthened our strategic outlook and operations with their hands-on involvement in the business.

The strategic relationship has also brought with it strong commercial and governance discipline in the areas of strategy formulation and execution, as well as business development.

Follow our journey below:

To see an interactive timeline with highlights of our company’s development, click on the button below: