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Financial services and insurance industry
PPS (Professional Provident Society) operates within the financial services and insurance industry, specializing in tailored insurance and financial products for professionals. Founded in South Africa in 1941, PPS is unique in that it operates as a mutual financial services organization, meaning it is owned by its members, who are professionals across various fields. PPS exclusively serves graduate professionals, providing products like life insurance, disability cover, health insurance, and investment solutions. As a member-based society, PPS is committed to offering financial security and wealth creation opportunities specifically designed to meet the needs of professionals. Members benefit from the company’s profit-sharing model, which allocates profits back to members through a PPS Profit-Share Account. PPS aims to support its members throughout their careers, providing products and solutions that enhance financial well-being, protect their lifestyle, and support long-term wealth growth.
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