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Provider comparison · Updated May 2026

MiWay vs Renasa

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

MiWay edges Renasa on customer rating.

FeatureMiWayRenasa
Customer rating★ 4.4★ 4.2
Average premiumR640/pmR700/pm
Claims turnaround48h60h
Pricing tierMid-rangeMid-range
Flagship productMiHeroBroker Personal Lines
Product rangeCar, Home, Business, LifePersonal Lines, Commercial, Telematics, Specialist

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

Renasa

The broker's insurer

Renasa positions itself as 'the broker's insurer' — short-term cover distributed exclusively through independent brokers across South Africa.

Strengths
  • Broker-aligned model
  • Strong claims service
  • Telematics-enabled products
Trade-offs
  • Available only through brokers
  • Lower direct brand awareness