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URL: https://www.rbs.co.za/our-company/
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OUR COMPANY

Risk Benefit Solutions originated as a small services business in 1998 and today
is considered one of the largest fully fledged risk advisory firms in South
Africa.




OUR VISION

Our vision is to be the financial services company most admired for its people,
values, performance, and customer service.


OUR COMPANY

RBS’s growth is contributed to offering clients a unique approach to
risk-managed by positioning our skilled resources as an extension of our
client’s risk management team.

While the profile of RBS has changed significantly over the years, our core
principles remain constant, with a strong emphasis on service excellence and a
desire to build and maintain the strongest possible relationships with its
clients by providing innovative solutions to meet their needs.

RBS is part of a dynamic company that employs over 200 people with branches in
the Western Cape, Gauteng and Gqeberha.

With the recent transaction with the Letsema Group, RBS is now one of the
leading black-owned financial services companies in South Africa.




BBBEE (LEVEL 1)

RBS is proud to be a level 1 BEE contributor and leading black-owned national
brokerage. Our focus is developing skills and staff in South Africa to support
the transformation of the financial services industry whilst offering our
clients a strong BEE level 1 accredited partner.


CORPORATE SOCIAL INVESTMENT

Business is not just about innovative products and service excellence. It’s also
about being mindful of those in need who live in the communities in which we
operate. At RBS, we take our privileged role in broader society seriously and
are whole-heartedly committed to a number of key social responsibility
practices.

At RBS, our commitment to social responsibility begins in-house. Our dedication
to strong governance leads us to promote ethical practices at every level of our
business. We also nurture a work environment and culture that encourages our
staff to thrive, and we get involved in initiatives that promote the well-being
of society at large. As part of our company’s social responsibility practices,
we have an ongoing relationship with Songo.

Songo is a social development programme based in Kayamandi, Stellenbosch, which
uses sport and education to provide opportunities for children to play, learn
and grow while instilling the necessary life skills.




> We have been on a journey searching for the right partner through a rigorous
> process. We are pleased to have not only found a really active and
> value-adding partner in Letsema, but one who’s values and drive are closely
> aligned to RBS. We have co-created a broker consolidation strategy that fully
> supports our vision to become one of the country’s largest and most successful
> black owned and level 1 B-BBEE certified brokers in South Africa, with
> transformation as one of our core principals.
> 
> Michael Petersen, RBS Founder and CEO

> At Letsema we find real purpose in partnering with exceptional business owners
> and management to continue and accelerate the building of their businesses
> over the long term. We have a long-held belief that businesses need to play a
> fundamental role in creating employment in South Africa. Our years long
> research has demonstrated an attractive investment opportunity in the South
> African short term insurance intermediary market, and we remain committed to
> playing our small part in using business as a catalyst for positive social
> change in the South African financial services industry.
> 
> Isaac Shongwe, Founder & Chairman, Letsema


CONTACT

Cape Town
Johannesburg
Port Elizabeth

Head office : +27 21 443 4400
info@rbs.co.za


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RBS is an authorised financial services provider FSP 4903
@ Copyright 2022 RBS Insurance Brokers

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