About Us

Unison Risk Management Alliance (Pty) Ltd is wholly owned by GIB Insurance Brokers (Pty) Ltd and through our Corporate Division structure and administer the risk financing and insurance arrangements for a number of prominent retail businesses within and beyond the borders of South Africa. Our Corporate client base includes the Massmart Group of Companies, Woolworths and Truworths.

Our Personal Lines division offers and manages a number of individual insurance-related products, some of which are exclusive to client company staff.

History

Unison Risk Management Alliance (Pty) Ltd was originally registered as Wooltru Insurance Brokers (Pty) Ltd in 1982. Following the unbundling of Wooltru in 2001, the Retail Risk Alliance Trust (RRMAT) was established. Unison Risk Management Alliance (Pty) Ltd was jointly owned through the RRMAT, by Woolworths Holdings Limited, Truworths International Limited and Massmart Holdings Limited.

An ever changing regulatory environment, client expansion into Africa along with changes to client shareholding as a result of Walmart acquiring a controlling stake in Massmart Holdings Ltd in 2011, necessitated a number of programme changes to both cell captive and external insurer arrangements in November 2015 with all beneficiaries agreeing that Massmart acquire 100% ownership of Unison.

In June 2024, GIB Insurance Brokers Pty Limited acquired the total shareholding in Unison from Massmart Holdings, thereby merging Unison with a parent company from the same insurance intermediary sector. This merger presents greater possibilities for delivering wider insurance solutions to a larger client base. Notably, Massmart remains a loyal client to Unison.

Our Business

Unison partners both locally and abroad in over 13 different countries with some of the frontrunners in the risk management, risk financing and insurance industry to provide Massmart, Woolworths and Truworths and their employees a wide range of products and services focusing on both corporate and individual related business.