About Us
GM Financial Services has been supporting contractors and businesses in South Africa since 2002, providing specialised insurance and guarantee solutions. Over time, we recognised that clients require more than just individual policies — they need a partner who understands both their projects and their business risks.
More Than an Insurance Broker — A Risk Partne
Most brokers focus on policies. We focus on outcomes.
We ensure:
- Guarantees are aligned with contract requirements
- Insurance is structured correctly from the outset
- Risks are identified before they become claims
- Your full business is protected — not just individual policies
OUR EXPERTISE
Contractors & Construction Companies
- Contract Works (CAR) Insurance
- Public Liability
- Performance Guarantees
- Advance Payment Guarantees
- Retention Guarantees
- Bid Bonds
Commercial & Industrial Businesses
- Property & asset insurance
- Business interruption
- Plant & equipment cover
Professionals & Engineers
- Professional Indemnity Insurance
OUR APPROACH
Process: Understand → Structure → Protect → Maintain
We remain actively involved to ensure your insurance continues to align with your evolving business and project risks.
OUR COMMITMENT
We are committed to building long-term relationships based on trust, transparency, and practical advice.
Our objective is to become your most trusted partner in managing risk and protecting your business.
TEAM
Boosting Your Business Resilience: Explore Our Commercial Insurance
Solutions.
Top 5 Guarantee & Insurance Mistakes Contractors Must Avoid
Many contractors only discover gaps in their insurance or guarantees when it’s too late — during a claim or a guarantee call. This guide highlights the most common mistakes and how to avoid them.
Mistake 1
Not aligning insurance with contract requirements
→ Leads to claim issues
Mistake 2
Incorrect guarantee placement or understanding
→ Leads to exposure
Mistake 3
Not using retention guarantees
→ Leads to unnecessary cash flow pressure
Mistake 4
Using multiple brokers
→ Leads to gaps and confusion
Mistake 5
Not reviewing insurance regularly
→ Leads to outdated cover