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Provider comparison · Updated May 2026

Momentum vs Naked Insurance

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

Naked Insurance edges Momentum on customer rating.

FeatureMomentumNaked Insurance
Customer rating★ 4.5★ 4.6
Average premiumR710/pmR570/pm
Claims turnaround72h24h
Pricing tierPremiumMid-range
Flagship productMultiply RewardsNaked Car
Product rangeLife, Investments, Short-term, HealthCar, Home, Contents, Single Items

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

Naked Insurance

AI-powered car & home cover

Naked is a digital-first South African insurer using AI and a fixed-fee model — any underwriting surplus goes to charity via Naked's Givva programme.

Strengths
  • Fully app-based onboarding
  • CoverPause feature
  • Transparent fixed-fee model
Trade-offs
  • Newer brand
  • Personal lines only