ABOUT NESTLIFE

You’re in the right hands
BOARD OF DIRECTORS
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Lot Ndlovu – Chairman
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Vusi Sithole – Managing Director
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Ayanda Dlodlo
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John Ingram
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Hayden Davies
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Maude Motanyane
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NestLife is a 100% black-owned and managed life assurance company. Vusi Sithole bought 74% of the company in 1996. In 1999 he bought the remaining share that Capital Alliance held, to own 100%. He drives our tight-knit team, driven by key values. Utilising management expertise, ever-evolving business system capability and direct strategic marketing, we have achieved strong, leveraged growth over the years.
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VALUES
Our values have always driven our behaviour. We have invested greatly in understanding and harnessing what drives our people and the business itself, for the benefit of our clients:
Professionalism Our actions protect the responsibilities that are entrusted to us
Trust At all times, we are reliable and dependable
Caring We support the realisation our customers and their employees’ goals
Integrity We nourish our relationships through ethical and transparent conduct
Customer centricity We are sensitive to our client’s needs and keep our promises
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MISSION
NestLife’s mission is to provide affordable products that will meet the needs of traditional and emerging markets, with primary impetus on Group Life Schemes.
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VISION
To achieve efficient customer service by providing user-friendly products, efficiently administered to ensure a speedy response to claims and high service levels.
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TIMELINE
• 2006 – NestLife Risk Administrators is established
• 2003 – A Durban branch is opened
• 2000 – NestLife is granted a national licence by the Financial Services Board
• 1999 – Phakama buys the remaining Capital Alliance stake and the name of the company is changed to NestLife Assurance Corporation Ltd
• 1996 – Vusi Sithole takes controlling stake from Capital Alliance using his investment company, Phakama Investment Holdings
• 1988 – NestLife is established (as Life & Pensions Corporation Ltd) operating solely in the North West Province








