Swanvest currently owns 31.25% of MiWay. In a Sens, Santam said: "MiWay, through its wholly owned subsidiary MiWay Insurance Limited, is an authorised financial services provider and registered short-term insurer that offers a range of financial products and services directly to the consumer. "MiWay`s initial offering comprises short-term insurance, motor warranty and credit life, and there are long term plans to extend this offering to a comprehensive array of financial services.