board members
Sauma membership
board members
Contact us
Tel : (011) 880-5132    Email : info@sauma.org

Welcome to the South African Underwriting Managers Association

  • Established in 1999.
  • Over 80 Members by 2009
  • Representation at IISA, FSB
  • Ongoing Communication with Ombudsman - both FAIS and Short Term
  • SAUMA Board Members have recently attended Parlilament to state the case of the UMA
  • Minimum criteria to become a member of SAUMA including :
  • Professional Indemnity of R5m
  • Fidelity Cover of R1m
  • Underwriting Managers are experts in their niche fields
  • SAUMA is fully supported by the FSB
  • SAUMA is the only line of communication between FSB and Underwriting Managers

Press - RSS feed from Insurance Gateway ®

How much time do I need to prepare properly for the FAIS exams?
Thu, 21 Aug 2014

You may as well ask: how long is a piece of string? Obviously, people differ on a number of important factors, including experience, exposure to the regulations, study material used, and access to training.

FAIS - Key Individual Qualification Requirements
Thu, 21 Aug 2014

From enquiries we receive it appears that there is much confusion about qualification requirements for the appointment of key individuals. Much of this stems from the so-called transitional period before 2010 when allowances were made for the experience of people who were in the industry at the time.

PwC global study awards Johannesburg top marks for its business-friendly policies
Thu, 21 Aug 2014

Johannesburg advances to position number 23 among the 30 cities studied by PwC in the sixth edition of its Cities of Opportunity report. Johannesburg received high marks for its business-friendly policies that continue to fuel-its human-development goals.

Rise in building collapses highlights importance of liability requirements
Wed, 20 Aug 2014

Simon Colman, Underwriting Executive at Stalker Hutchison Admiral The rise in building collapse incidents across South Africa has brought to the fore, the very real health and safety issues facing those operating in the construction industry, particularly from the perspective of where the liability for such incidents resides.

Auto General insurance voted best insurer at inaugural TruckX conference awards
Wed, 20 Aug 2014

Auto General Insurance was recently announced as Best Insurer in the commercial vehicle and fleet sector at the inaugural TruckX Conference Awards, held at the Maslow Hotel in Sandton. Independent research company, TNS, conducted an industry-wide survey to determine the five finalists in each category.

KNowledge Base - RSS feed from Insurance Gateway ®

Pretium Compliance Corner
A Newsletter by PS Compliance Warehouse (Pty) Ltd with an emphasis on compliance issues. This is a personalised newsletter that is distributed to their clients, and as such, should be read with this in mind....

FSB Quarterly Reports Short-term

Treating Customers Fairly: Items from the FSB
Presentations and papers on Treating Customers Fairly from the FSB...

Micro-insurance in South Africa
Following Micro-insurance developments in South Africa...

Ethics in Business Presentations



Rendevous 2014