← All comparisons

Provider comparison · Updated May 2026

MiWay vs Momentum

How MiWay and Momentum compare on price, claims, products and rewards across the South African market.

Momentum edges MiWay on customer rating.

FeatureMiWayMomentum
Customer rating★ 4.4★ 4.5
Average premiumR640/pmR710/pm
Claims turnaround48h72h
Pricing tierMid-rangePremium
Flagship productMiHeroMultiply Rewards
Product rangeCar, Home, Business, LifeLife, Investments, Short-term, Health

MiWay

Direct, digital, on your side

MiWay is a Sanlam-owned direct insurer that competes on simple, digital-first short-term insurance for individuals and small businesses.

Strengths
  • Quick online quotes
  • Strong digital UX
  • Flexible excess
Trade-offs
  • Smaller branch footprint
  • Mixed customer service feedback

Momentum

Long-term financial wellness

Momentum is a diversified financial services group offering life, investments, short-term insurance and Multiply rewards.

Strengths
  • Strong life and investment offering
  • Multiply rewards programme
  • Holistic advice
Trade-offs
  • Short-term insurance secondary focus
  • Broker-led model