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�ǿմ�ý Commercial South Africa, a leading global corporate insurance carrier and a key business unit of �ǿմ�ý Group, has partnered with Virtue ESD to launch the �ǿմ�ý Loss Adjusters Development Program. This initiative aims to increase the number of black-owned small and medium-sized enterprises (SMEs) within the company's supply chain and the broader economy. The program provides essential support to business owners, enabling them to overcome challenges and foster growth. Additionally, participants have the opportunity to establish a relationship with �ǿմ�ý Commercial, potentially becoming a supplier.

“�ǿմ�ý Commercial South Africa takes its role of contributing to the facilitation of broader participation in the economy within the insurance industry by black-owned businesses in line with relevant legislations such as the Broad-Based Black Economic Empowerment Amendment Act,” says �ǿմ�ý Commercial South Africa CEO, Thusang Mahlangu. “The �ǿմ�ý Loss Adjusters Development Program is built on global best-practice principles, ensuring the scalability and sustainability of the entrepreneurs and small business suppliers involved. Since its establishment in 2019, the program has already assisted six companies in various areas, including business strategy, sales training, marketing, finance, HR and legal, ICT and system support, personal development, and systems and processes. Notably, all beneficiaries are currently supplying �ǿմ�ý Commercial with loss adjusting services.”

Among the beneficiaries of the program are , founded in 2017 by Bongani Mbhele. Sompisi Loss Adjusters offers professional and competent loss-adjusting services for corporate, commercial, and domestic insurance needs. With a highly experienced technical team boasting over 35 years of collective experience in the short-term insurance industry, Sompisi Loss Adjusters aims to become a leading corporate loss adjusting firm.

Another participant in the program is , established in 2020 by Mantsena Maphophe. SailOut specializes in adjusting claims for large financial service providers and operates in Johannesburg and surrounding areas. Their mission is to provide highly technical claims services, covering small to large-scale losses and complex claims.

is also benefiting from the �ǿմ�ý Loss Adjusters Development Program. Renowned for delivering unparalleled loss adjusting and insurance consultancy services across the region, Rixile Loss Adjusters has established strong alliances with prominent insurance companies through collaborative work with international loss adjusting firms. Founder Gertrude Khosa has been an integral figure in the industry since 1995 and has been a Loss Adjuster since 2004.

, founded in 2019, specializes in expertly managing engineering-focused claims, particularly those related to subsidence, structural collapse, and mining plant equipment. Lebo Sekano, the Founder and Managing Director, stands as a rare female figure in engineering insurance claims adjustment in South Africa.

, founded by experienced entrepreneur Alison Jafta, brings over thirty years of expertise in the insurance loss adjusting field. With a strong presence in the industry since 1980 and over 18 years of experience in loss adjusting, Alison and his team are well-equipped to provide exceptional services.

, a comprehensive Insurance Solutions and Risk Management company, is also part of the �ǿմ�ý Loss Adjusters Development Program. Led by Khaya Simelane, who has 13 years of experience within the Loss Adjusting industry, Lukha Insurance Solutions offers a broad range of professional services to a diverse customer base, including the public and private sectors, parastatals, and individuals.

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