• RMA in a nutshell
Identifying a need to help care for miners who were injured while on duty, Rand Mutual Assurance (RMA) was founded in 1894 by three mining companies on the Witwatersrand as a non-profit mutual assurance company. To this day it remains a mutual association which means that the policy holders are also the shareholders.
Today RMA offers Compensation for Occupational Injuries and Diseases (COID) benefits to Class IV (Mining), Class XIII (Iron, steel, artificial limbs, galvanising, garage and metals) and related industries, and has more than a million insured lives under its administration.
• The RMA service offering
RMA offers both COID benefits as well as a selection of non-COID accident-related insurance products to its members. It also has an end-to-end market-leading information technology (IT) solution, which provides enhanced efficiencies for workers’ compensation claims.
• The RMA Group
The RMA Group consists of: 1. Rand Mutual Holdings – the holding company; 2. The Rand Mutual Assurance Company Ltd – responsible for COID benefits; 3. Rand Mutual Technology Solutions – which hosts the intellectual property and software licences for the Group; 4. RMA Life – responsible for non-COID products; 5. Rand Mutual Property Holdings – responsible for the property of the Rand Mutual Care Facility in Welkom; and 6. Rand Mutual Admin Services – the administration company.
• Company ethos:
As a company that is compassionate and caring, RMA goes the extra mile to ensure that beneficiaries and their families receive the care and compensation they are entitled to when they have sustained either a work-related injury or occupational disease.
• Accessibility to clients, claimants and other stakeholders
RMA has a wide footprint with its head office in Johannesburg and regional walk-in branches located in Carletonville, Durban, eMalahleni, Klerksdorp, Pretoria, Rustenburg and Welkom, with satellite offices in Lesotho, Mthatha and Mozambique.