#The keykey rma department license

In addition to the mobile prosthetic and orthotic clinic and the regular clinics held for pensioners, RMA also has a tracing programme that traces the beneficiaries of employees who are either injured or who have died as a result of a work-related injury. Social Development: poverty alleviation, women and children at risk and capacity building Health: disabled people, HIV/Aids and infrastructure/equipment

RMA’s CSI policy renders support to the following three key areas:Įducation: early childhood development, specific interventions at primary and high school level and Adult Basic Education and Training (ABET) We believe that through education and training, enterprise development and the building of relevant infrastructure we can create sustainability. The education, experience and abilities of an RMA pensioner not only enhances their own lives but also adds economic value to their dependants, communities and the economy as a whole. RMA understands the impact it has on its pensioners by investing in their skills development. Lending a helping hand is what warms our hearts.Ĭorporate Social Investment can have a significant impact on South African society, offering opportunities for both economic and social progress.

We live to see the joy on people’s faces when they’re empowered and improve their standard of living.

We enjoy seeing people being educated, reaching for their dreams and achieving their goals. We see it as a privilege to help communities further their skills. RMA lives by its caring and compassionate way. There are many sources that inform the governance structures of RMA, most notably being the Companies Act of 71 of 2008, as amended, specifically the provisions applicable to the public companies, the King IV Report, the Insurance Act and the Board Notice 194 of 2017 which stipulates the governance and risk management structures for insurers published by the FSB in early 2018. RMA acknowledges the significance of the role it plays in the lives of its many stakeholders and the importance of remaining sustainable and embracing the principles of governance best practice. The governance processes and structures are regularly reviewed. The Board’s focus on the application of sound corporate governance principles has been unwavering. These governance processes are regularly reviewed to take into account both the changing regulatory environment and best practice. The Board is the custodian of the Group’s governance framework which is formalised in its charters, policies and operating procedures. RMA prides itself on living the principles of sound corporate governance and has implemented numerous structures to ensure that the necessary checks and balances are in place. RMA’s high level of service and quick claims turnaround is underpinned by a market-leading integrated claims management IT system that allows for paperless adjudication of claims. The core of RMA’s administration business is the receipt, adjudication and administration of workers’ compensation claims, including the payment of medical costs, once-off disability payments and the ongoing payment of pensions in the case of severe disability and death.

The RMA Group also operates under both short and long-term insurance licences issued by the Financial Services Board (FSB).Īs an organisation 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.

#The keykey rma department license

RMA operates in terms of section 30 of the Compensation for Occupational Injuries and Diseases Act, 130 of 1993 as amended, under license from the Minister of Labour. Founded on 1 June 1894, The Rand Mutual Assurance Company Limited (RMA) is a non-profit mutual assurance organisation which is owned by its policy holders.