A Few Words
About Us
Introduction
Risk Broker Solutions (Pty) Ltd (hereafter RBS) is an entity that sets forth to comply with the rules and regulations of the Financial Advisory and Intermediary Services Act 37 of 2002 and Companies Act 71 of 2008. RBS will be held liable alongside with its directors in the event of contravening the above rules and regulations.
Since inception phase in 2012 RBS used to be called PZ Finance Institute (Pty) Ltd. The company repositioned its strategy and business model in 2022 as it became necessary to establish a new company to focus on offering specialised insurance services to its existing and prospective clients.
About Risk Broker Solutions
Our Purpose
Risk Broker Solutions is a subsidiary of Financial Services House™ Group. RBS is an enterprise that is establishing itself in the Financial Services market, offering specialised insurance services to meet client expectations.
The company aims to make a significant impact in the market being able to assemble a network of highly skilled and experienced management team who are keen to use their acquired skills and experience to promote sustainable growth in business through ensuring quality efficient service delivery.
Risk Broker Solutions (Pty) Ltd is an authorised financial services provider license no.52876, enabling us to render financial services to our clients and operate as an authorise Financial Services Provider complying with the FSCA (Financial Sector Conduct Authority).
Our Mission & Vision
Vision Statement
Risk Broker Solutions aspires to become an insurance company that will provide Insurance services to SMMEs and households in the lower and middle to upper segment by 2042.
Providing affordable short-term personal, short-term commercial, long-term, health and funeral insurance to lower, middle class segments of the market and SMMEs.
Our Mission
Providing a comprehensive well-tailored insurance solution for our clients to safeguard themselves and their valuables/assets at an affordable premium.
Our Core Values
Our values define our identity in the marketplace and forms part of the fundamental beliefs of our organisation that we strive at achieving.
- Courage
- Professionalism
- Integrity
- Excellence
- Respect
- Unity
- Innovation
- Dedication
- Ethics
OWNERSHIP AND MANAGEMENT
Risk Broker Solutions is a company owned and managed by historically disadvantaged young South African professionals who strive to become victorious in the economy. The ownership and management structure can be illustrated as follows:

Zame Mthiyane
Non-Executive Director

Zame Mthiyane
Non-Executive Director

Kwazi Khumalo
Managing Director & KI

Kwazi Khumalo
Managing Director & KI
Kwazi has qualified with a Postgraduate Diploma in Financial Planning and Insurance from Milpark Education, B.com Honours in Management Accounting and Finance from the University of KwaZulu Natal; alongside a B.com Accounting Degree from the University of Johannesburg (hereafter UJ). He served as a tutor for the Accountancy Department at UJ.
Kwazi has also successfully completed his regulatory exams with the Financial Sector Conduct Authority (FSCA) in RE 1 Key Individual in all categories of FSPs (310504) and RE 5 Representatives in all categories of FSPs (310444). Thus, enabling him to operate as a Broker Principle for the two insurance and investment brokerages.
He is also a qualified General Tax Practitioner (SA) member no. 67949052 with the South African Institute of Tax Professionals enabling him to assist clients with comprehensive tax queries.
He is also a Registered Accountant , Independent Reviewer and Business Rescue Practitioner with the Chartered Institute of Business Accounts (CIBA) member no. 16580.
And lastly, he has Credit Provider license NCRCP20354 thus enabling him to operate as a microfinance provider offering business loans to SMMEs.
His Achievements:
Academic tutor certificate – Academic Development Centre UJ in 2017.
JSE Bursary holder in 2017
He loves watching sports and spending time with God, family and friends.
Executive Team

Sibonelo Ndawonde
Paraplanner

Sibonelo Ndawonde
Paraplanner
He is primarily responsible for fulfilling financial plans through conducting financial needs analysis, client reviews and compliance at a primary level.
Sibonelo is technically sound in investment planning processes, financial planning legislation and the overall financial planning processes. His science and engineering background makes him a strong analytical and critical thinker. Sibonelo enjoys active learning and continuous professional development in Finance.

Lungile Cele
Senior Administrator

Lungelo Madondo
Junior Administrator
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