History & Background      Vision & Strategic Intent       Why Choose Us?      Senior Management      Indlela Project
 
 

You are here: FMI Corporate / History and Background

FMI Corporate
Intro
History & Background
Vision & Strategic Intent
Why Choose Us?
Senior Management
Indlela Project
FMI History and Background

FMI was formed in October 1995 and began trading in May 1996 with the launch of our Business Protector Plan product. The formation of the company was in order to take advantage of an area of the insurance market that we perceived was not being effectively catered for. Our intention was, and still is, to provide packaged insurance products which contain benefits drawn from traditionally separate segments of the insurance industry, and which cater for the specific needs of niche market groups.

The Growth of the Company
FMI has, since its inception, been continuously developing and refining its sales and administration infrastructure to cater for its vision of ultimately being an international financial management group.

The growth of FMI over the past 10 years has been significant, both in terms of turnover, (from R2.5 million premium collected in 1995/6 to R91 million premium in 2006) and also in terms of infrastructural growth.