E XC L U S I V I T Y
A brainchild of a group of eight dentists, PPS was founded as the Professional Provident Society of South Africa on 8 July 1941.This group of pioneers was aware that the professional persons assets are his knowledge and
skills, which he must be able to employ to the fullest extent to earn a living. The unfortunate experiences of some of their colleagues on active duty motivated them to seek a better system of financial protection against the serious consequences arising from inability to practice because of sickness or injury. From very small beginnings, PPS has grown into a large and progressive organization, providing services that have contributed greatly to the health, wealth and security of the professional groups it serves.
PPS has a rich history of looking after graduate professional needs, which has made PPS the success it is today ...
OWN E R S H I P
The unique business model of PPS offers ownership to members. Members may be voted onto the Board of PPS Holdings Trust, have voting rights on member affairs and as policyholders* can exclusively share in the profi ts of the PPS group through the unique Surplus Rebate Account (SRA). This is an offer that is unmatched in the market.
MUTUA L I T Y
The success of PPS is in large measure due to the faith and goodwill of its many members and bears undoubted testimony to what the professions can achieve if they work together.
Unlike a company that is listed on a stock exchange, PPS belongs to its members and operates under the ethos of mutuality. This means that is does not offer shares on any public
stock exchange and answers only to the professional members it serves. It is operated and maintained for the sole benefit of its professional members who participate in a broad
spectrum of products and services.
* PPS Provider Policy