About Sphere Risk Management
About Sphere
Founded in 2022 by Franco Patrizi and Telmo Rodrigues, Sphere Risk Management (SRM) is an Underwriting Manager and Wholesale Intermediary, and a member of the Patrizi International Holding Sagl group.
Since SRM’s inception, their focus has been on unlocking Africa’s full potential in the insurance and reinsurance sectors.
SRM manages over 400 group schemes with a combined membership exceeding 60,000 principal insureds across 13 countries in Sub-Saharan Africa. They oversee a risk pool with an annual premium income of USD 16,000,000.
Their schemes range from 5 to 3,000 members, and they consistently achieve a 96% year-on-year retention rate by offering sustainable rates from the outset.
Vision
Sphere Risk Management envision a future where insurance companies, reinsurers, intermediaries, and employers across the continent not only survive but thrive in the face of evolving challenges and opportunities.
Their focus is on providing a range of comprehensive, adaptable, and forward-looking services designed to secure your future while fostering the prosperity and sustainability of the communities they serve.
Core Values
Integrity
SRM operates with transparency and honesty, ensuring every decision reflects the highest ethical principles.
Customer Focus
Your success fuels SRM's business.They deliver customized services tailored to your unique needs and challenges, providing exceptional value and a seamless experience.
Innovation
In a world where risks are constantly changing, innovation is essential. SRM embraces a culture of continuous improvement, utilizing cutting-edge technology and creative strategies to offer adaptive solutions that keep you ahead.
Collaboration
Strong partnerships drive success.SRM works closely with our clients, regulators, and industry leaders to craft solutions that are informed by diverse insights and designed for sustainable growth.
Empathy
Understanding the challenges you face is our priority. SRM listens closely and provide solutions that reflect not just the risks but the broader context of your business, your people, and the community.
Excellence
SRM are committed to excellence in all they do, from developing industry-leading products to delivering flawless service.
Community Impact
Businesses thrive when their communities thrive. SRM are actively involved in initiatives that uplift the regions where we operate, focusing on sustainable growth, education, and social responsibility.
Education and Empowerment
Knowledge is power. SRM provides educational programs, workshops, and resources to empower businesses and communities to make informed decisions about risk management and future security.
Partnerships and Collaborations​
Strong partnerships are essential for delivering outstanding value to SRM’s clients. They have established strategic alliances with leading global and local insurance and reinsurance companies. These collaborations enable SRM to leverage the expertise and resources of industry leaders, providing clients with access to a wider range of innovative solutions.
SRM’s network includes respected global and local insurance companies, reinsurers, intermediaries, and employers, ensuring they reach a broad client base with tailored solutions that address the specific needs of businesses throughout Africa.
By partnering with these industry leaders, Sphere Risk Management are able to:
- Expand Their Reach: Access new markets and growth opportunities.
- Leverage Expertise: Benefit from the knowledge and experience of their trusted partners.
- Diversify Offerings: Provide a broader range of products and services to clients.
- Strengthen Market Standing: Solidify their position as a leading insurance and reinsurance solutions provider in Africa.
Sustainability and Long-Term Growth
SRM’s commitment extends beyond merely offering insurance and reinsurance solutions—they strive to promote sustainability and foster long-term growth for businesses and communities across Africa.
SRM recognizes that the future of African enterprises relies on harmonizing profitability with environmental and social responsibility. Their tailored risk management strategies focus on long-term resilience, helping businesses navigate changing regulatory environments, economic shifts, and environmental challenges.
Resilient Risk Solutions
Sphere Risk Management equips African businesses with the tools and coverage they need to thrive in an ever-evolving market. SRM’s data-driven approach identifies emerging trends, enabling businesses to anticipate and mitigate risks before they impact long-term growth. Whether it’s climate change, economic fluctuations, or shifting consumer demands, we help you future-proof your operations.
Building for Future Generations
SRM believes that long-term growth isn’t just about today’s success—it’s about securing the future for generations to come. By investing in Africa’s future, we’re helping build robust businesses and communities that can stand the test of time. Their solutions are designed to ensure that businesses are equipped to handle future challenges, ensuring prosperity that benefits the continent as a whole.
Driving Innovation for Sustainable Growth
Innovation is key to sustainable growth. SRM’s forward-thinking approach combines cutting-edge data analytics with deep local knowledge, allowing them to craft risk management solutions that help businesses stay ahead of market shifts. This proactive stance ensures clients are prepared for tomorrow’s challenges while contributing positively to Africa’s economic and environmental sustainability.
Secure Your Future with Sphere Risk Management
SRM builds lasting partnerships that contribute to Africa’s growth. They are here to help you navigate the complexities of the African insurance and reinsurance landscape with confidence.
Are you ready to take the next step?
Join SRM’s network of forward-thinking trailblazers who are not only protecting their interests but also contributing to the prosperity of the continent.