ABOUT
THE SIMAH GROUP

With over R1,5 billion in premium volume, Simah has a significant footprint in South Africa, networks across Africa and strategic partnerships to service international clients in offshore markets.

Origins of the
Simah Group

The Simah Group was officially formed in 2022 with the amalgamation of:

Simah Risk Solutions (formerly Bay Union Corporate Risks)

Simah Risk Advisors (formerly Indwe Risk Solutions)

At the end of 2022, ARC expressed an interest to divest having facilitated the transaction which presented Simah with the opportunity to investigate various opportunities in the B-BBEE space.  Simah partnered with Invequity through the Dash Private Equity Fund, and is a 51% Black Owned group, of which 41.88% is Black Woman Owned and is a proud level 1 B-BBEE contributor. 

Invequity uniquely harnesses the rules for Private Equity Funds in the Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice to allow their partners, proudly including The Simah Group, the opportunity to achieve their Black Ownership objectives while substantially moving the needle for early-stage South African businesses operating in key sectors including Education, Technology, and Agriculture that greatly impact economic inclusion and growth in the South African economy.

For further detail on Invequity’s product offering, visit www.invequity.co.za.

 

Simah’s Specialist Divisions

Whilst each division of the Simah Group has its own area of deep specialisation, each is also able to leverage broad cross-sectoral experience.

As risk advisors, Simah Corporate provides tailored risk solutions for large commercial and corporate clients in the listed, private and family-owned sectors.

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As risk advisors, Simah Corporate provides tailored risk solutions for large commercial and corporate clients in the listed, private and family-owned sectors. We offer specialised risk placements, considered advice and holistic operational and strategic risk management. These services are complemented by volume and complex claims management, a key differentiator in a market where insurers increasingly resist paying claims.

Risk, data and incident management information is managed via intelligent software solutions, enabling clients to make informed decisions around their insurance and risk-retention programs.

Our international network of partners assists Simah in providing solutions for larger and more complex clients whose needs cannot be addressed by the local markets.

Simah Risk Advisors Authorised  FSP No. 13223

ThinkRisk provides strategic, intelligence-led assessments and advisory services to enable brokers, insurers, and businesses to strengthen resilience and manage uncertainty with confidence.

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ThinkRisk provides strategic, intelligence-led assessments and advisory services to enable brokers, insurers, and businesses to strengthen resilience and manage uncertainty with confidence

ThinkRisk (Pty) Ltd

Our partners

Key partnerships enhance the range of products and solutions offered by Simah. Thanks to our exceptional network, we have access to both international capacity and local facilities.

Simah is also supported by specialist partners when it comes to:

Employee benefits
& medical aid

Aviation

Marine hull

High net worth
personal insurance

Credit & debit management solutions

Crisis response

Forestry & plantations

What we do Industry expertise Opportunities

Executive Leader

Gavin Searle
Executive Director

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Gavin
Searle

EXECUTIVE DIRECTOR

Gavin Searle has solid expertise in business and risk consulting. He was part of the senior management team responsible for the strategic direction of Alexander Forbes’s retail and wholesale clients in the SA market before relocating to the UK. Here his responsibilities included handling global clients and UK-based corporates, as well as leading specialist risk engineering and risk finance units. On his return to SA in 2000, Gavin consulted to private equity partners, managing the sale of GlenRand MIB to AON. In 2010 he launched Bay Union Corporate Risk, a niche corporate-focused business with a remarkable reputation for client-centricity, considered advice and effective risk management.

Non-Executive Leaders

Rob Becker
Non-Executive Director

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Rob
Becker

NON-EXECUTIVE DIRECTOR

Rob Becker is a highly accomplished business and commercial executive with a wealth of experience in finance, strategy, and governance.  A qualified Chartered Accountant (CA(SA)) and holder of an MBA (UK), Rob has held key leadership roles, including serving as Chief Financial Officer for notable companies such as Sun International Limited, Nampak Limited, and Robertsons Holdings.

Rob's expertise extends beyond finance into the property sector, where he served as Chief Investment Officer of Rebosis Limited, further broadening his portfolio in strategic leadership.

He has also contributed his skills to governance and entrepreneurship as the non-executive Chairman of Martin and Martin (Pty) Limited, known for its pet products under the Bob Martin brand. Currently, Rob serves as a non-executive director of Grasslands Agriculture (Pty) Limited, a prominent dairy farming enterprise in the Eastern Cape.

Renowned for his strategic acumen, leadership skills, and ability to drive negotiations and deals, Rob is an accomplished professional with extensive experience in governance and strategic execution, making him a dynamic force across diverse industries.

Nomfusi Masangwana
Non-Executive Director

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Nomfusi
Masangwana

Non-Executive Director

Nomfusi is an Investment Associate at Invequity, where she plays a critical role in assisting with all aspects of investment, finance, and compliance-related administration.

With a BCom Accounting degree and over four years of experience in her field, Nomfusi brings a strong foundation and expertise. She diligently manages the intricacies of finance and accounting processes within Invequity, ensuring accuracy and compliance in all financial operations.

She is responsible for the compilation of comprehensive investment and financial reports for the various private equity funds and investment companies, providing key insights that drive informed decision-making. Nomfusi’s proactive and methodical approach ensures that all financial and compliance processes are executed seamlessly and efficiently.

Her contributions continue to enhance Invequity’s financial operations and uphold the firm’s standards of excellence. She has recently completed the Sirdar Applied Directorship Program.