Momentum Insurance bleeds as millions paid to defrauded clients

Staff Reporter MOMENTUM Insurance Limited has entered into a settlement agreement in which it has agreed to pay close to N$6.9 million to clients whose funds disappeared due to alleged fraud by insurance broker Michael Hugh Bronkhorst. Bronkhorst, an accountant by profession, was a former Alexander Forbes finance manager and broker for Petrichor. In 2020, ... The post Momentum Insurance bleeds as millions paid to defrauded clients appeared first on Informanté .