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Provider comparison · Updated May 2026

Momentum vs Lombard Insurance

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

Momentum edges Lombard Insurance on customer rating.

FeatureMomentumLombard Insurance
Customer rating★ 4.5★ 4.2
Average premiumR710/pmR850/pm
Claims turnaround72h72h
Pricing tierPremiumPremium
Flagship productMultiply RewardsBond & Guarantees
Product rangeLife, Investments, Short-term, HealthSurety Bonds, Engineering, Liability, Commercial

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

Lombard Insurance

Specialist surety & niche cover

Lombard Insurance is a South African specialist insurer best known for surety bonds, guarantees and niche commercial lines.

Strengths
  • Leading surety bond provider
  • Specialist underwriting
  • Strong commercial relationships
Trade-offs
  • Mostly commercial & surety focus
  • Limited personal cover