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Provider comparison · Updated May 2026

MiWay vs Momentum Insure

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

MiWay edges Momentum Insure on customer rating.

FeatureMiWayMomentum Insure
Customer rating★ 4.4★ 4.3
Average premiumR640/pmR670/pm
Claims turnaround48h48h
Pricing tierMid-rangeMid-range
Flagship productMiHeroSafety Bonus
Product rangeCar, Home, Business, LifeCar, Home, All-risks, Business

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 Insure

Safer driving, lower premiums

Momentum Insure (formerly Alexander Forbes Insurance) is the short-term arm of Momentum Metropolitan, focused on telematics-driven personal lines.

Strengths
  • Safety Bonus cash-back
  • Multiply rewards integration
  • Telematics-based pricing
Trade-offs
  • Smaller short-term footprint
  • Best value tied to Multiply