Old Mutual SWOT Analysis, Competitors & USP

Old Mutual

Healthcare

Banking & Financial Services

Insurance.Invetment.Savings.Banking

to be our customers' most trusted partner - passionate about helping them achieve their lifetime financial goals.

Universal banking, life insurance and long-term savings, short-term insurance and asset management

Personal plans and corporate plans

Operation with broad relevant long term savings protection and investment product range

Below are the Strengths in the SWOT Analysis of Old Mutual:

1. One of the largest diversified financial services groups in Southern Africa, with a broad spread of businesses spanning universal banking, life insurance and long-term savings, short-term insurance and asset management.
2. Old Mutual clearly has a leadership position in both of the main insurance segments in South Africa
3. Old Mutual has a good track record of acquiring and incorporating new businesses
4. Old Mutual's companies have the advantages of broad ranges of products, multiple distribution channels and strong brands

Here are the weaknesses in the Old Mutual SWOT Analysis:

1. Not fully escaped the constraints and challenges that are associated with its home market
2. Face competition from rivals who have at least most of the same advantages
3.Presence of multi-national insurance companies in emerging markets

Following are the Opportunities in Old Mutual SWOT Analysis:

1. Further product innovation
2. Further expansion into Sub-Saharan Africa
3. Further development of new distribution channels and improved productivity of existing channels.

The threats in the SWOT Analysis of Old Mutual are as mentioned:

1. Potential, but unlikely, turmoil in global financial markets
2. Fragility of the South African economy
3. Unanticipated increases in costs as a result of regulatory changes

Below are the top 3 competitors of Old Mutual:

1.Standard Bank Group Limited
2.FirstRand Limited
3.Sanlam Limited