Who are we
GapRisk Administrators is a specialist Underwriting Manager. Our core business focuses on medical expense shortfall (gap) and co-payment cover for South African medical scheme members.
We have developed strategic partnerships with a number of leading South African insurers, including Western National Insurance Company as well as Old Mutual Life Assurance Company (South Africa) Limited. These partnerships give us access to a wide range of financial services and related products, a dedicated campaign management and distribution capability, as well as administration services which enable us to deliver customised solutions of the highest quality.
GapRisk Administrators is a Licensed Financial Services Provider (FSP License number 51758). The company was founded in 2021 (Reg 2021/500446/07)
Our approach is to enable efficient new business processing, clear-cut claims administration and uncomplicated underwriting. Our in-house actuarial expertise ensures that our pricing and risk management adheres to the highest standards and best practice.