THE FEDERATED EMPLOYERS MUTUAL ASSURANCE COMPANY ( RF ) ( PTY ) LTD
The Federated Employers Mutual Assurance Company ( FEM ) was established as a mutual insurer in 1936 and , on the introduction of the Workmen ’ s Compensation Act of 1941 , was granted a licence by the Department of Employment and Labour to continue to transact workmen ’ s compensation insurance for the construction industry .
YEAR ESTABLISHED : 1936
TARGET MARKET Construction industry
COMPANY VISION We care about the quality of life for injured workers and their dependants , and champion health and safety , for the benefit of all policyholders and society .
Corporate PROFILE
MISSION STATEMENT We strive to deliver an excellent and sustainable workers ’ compensation service to all stakeholders by :
• Being the preferred provider of COID cover
• Raising awareness and promoting health and safety , as well as accident prevention
• Ensuring efficient pay-outs , quality care and empathy to our claimants
• Engaging and empowering our workforce
DESCRIPTION OF PRODUCTS / SERVICES FEM provides compensation for construction workers , who are covered under FEM policyholders for severe occupational injury , disease or death while on duty .
DESCRIPTION OF BUSINESS Our business operations are essentially confined to the insurance of employers against their liabilities under the Compensation for Occupational Injuries and Diseases Act of 1993 ( COID Act ).