Welcome to Praestar Administration Services

Praestar is an Underwriting Manager that writes business with respect to performance bonds and guarantee products written in terms of Section 48(3) of the Short Term Insurance Act and underwritten by Mutual and Federal Insurance Company Limited.

We are mandated to underwrite and administer all performance bonds and guarantees on behalf of Mutual & Federal which include:

1. Construction and Retention Guarantees
2. Bid Bonds
3. Custom Bonds
4. Utility Bonds
5. Other Performance Bonds

Our product range is cost effective and we offer flexible alternatives to similar products and cover offered by commercial banks and other insurers.

Please see our contact page for information on how to contact your nearest branch.

Praestar is a Authorised financial services provider (FSP No: 32313)