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Boardroom discussion

Pre & Post Event Capital

About First 23rd Group

A welcome from our Managing Director

“Every business carries risk, and every business needs capital to grow. We were built to help with both. On one side, we design, place and manage short-term insurance programmes that protect what our clients have built. On the other, we help them raise the debt and equity that funds what comes next. Since 2018 we have grown to serve major corporate clients, including a JSE-listed international logistics group and a leading pharmaceutical contract manufacturer. Our leadership brings more than 60 years of combined insurance experience, and the relationships formed over that time give our clients access to leading local and international insurance markets, including specialist underwriters for complex risks. We remain deliberately boutique, so every client deals directly with people who understand their business and can make decisions.”

Nicolene Tania JumaManaging Director

Who we are

A financial services partner built for responsiveness, real expertise and measurable outcomes.

Established in 2018, First 23rd Group (Pty) Ltd is a Johannesburg-based, 100% black woman-owned financial services group with Level 1 B-BBEE status. We operate a two-pronged business: short-term insurance and capital raising.

Our focus is practical. We put solutions in place that protect your operations, improve how risk is managed across your business, and give you access to the capital you need to grow. Where a client needs a capability outside our own licence, our collaborations with other authorised financial services providers allow us to deliver the full spectrum of financial services.

We are deliberately boutique and nimble. Every client relationship is built around what that client actually needs, not around a product we happen to sell.

Why clients choose us

  1. 01

    A nimble, boutique approach

    We move quickly, decide at senior level and tailor every solution to the client, never generic placements.

  2. 02

    Measurable service commitments

    Service excellence backed by a structured, time-bound claims process.

  3. 03

    Deep technical expertise

    Across insurance classes and the sectors with the most complex risk environments.

  4. 04

    A dedicated support model

    Clear points of contact and proactive, open communication.

  5. 05

    Local to international reach

    From the South African market to international capacity for complex and specialist risks.

Our journey

Rising, one floor at a time.

  1. 2018

    Johannesburg skyline at night

    Established

    First 23rd Group (Pty) Ltd is founded in Johannesburg.

  2. 2019

    Container port seen from the air

    First major corporate client

    A JSE-listed international logistics group with offices in 14 African territories, Dubai, China, Germany, Switzerland and the United Kingdom.

  3. 2021

    Laboratory production line

    FSP licence and growth

    Authorised as a Financial Services Provider (FSP No. 50172), and appointed by a major pharmaceutical contract manufacturer.

  4. Today

    City towers at dusk seen from above

    Level 1 B-BBEE

    A 100% black woman-owned business serving corporate clients across a wide range of sectors.

Engagement model

How we engage a new client.

  1. 01

    Assemble the team

    Gather insight from the account team, agree objectives, assess the opportunity, and set the plan, timeline and roadmap.

  2. 02

    Understand the client

    Key contacts and decision makers, risk management philosophy, insurable risks and exposures, value drivers and pain points.

  3. 03

    Review the current position

    Existing policies and insurers, claims experience, strength of current relationships, gaps, overlaps and spend.

  4. 04

    Strategy and plan

    A clear value proposition, how we differentiate the solution, opportunities to reduce cost of risk, agreed actions and the road ahead.

People that deliver

Intermediary excellence

Our people are trained on the job and in structured, formal settings. Every team member has an individual development plan. We give real-time, regular feedback in an open, honest and respectful manner.

Service excellence

We consistently meet, manage and exceed client expectations with outstanding personal service, keep channels of communication open, and respond proactively the moment an issue arises.

Credentials

  • Regulation

    Authorised FSP No. 50172

    Licensed since 2021 for short-term insurance, including commercial lines.

  • Established

    2018

    First 23rd Group (Pty) Ltd.

  • Registration

    CIPC Reg. No.

    2018/474009/07

  • Ownership

    100% black woman-owned

    Level 1 B-BBEE contributor.

  • Head office

    Constantia Kloof

    16 Pauline Street, Constantia Kloof, Roodepoort, 1709, South Africa.

Due diligence pack (on request). FSP licence, CIPC registration, B-BBEE certificate, FAIS disclosures and market appointment confirmations on request.

Let us put your programme to work.

Share your current policy schedules with us. Receive an independent review of cover, gaps and spend. Agree a programme built around your business.