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 ®

Where will the next hammer blow fall?
Mon, 01 Sep 2014

Equating the failure of Ellerines to a heart attack is most apt! It strikes anywhere, anytime and usually without warning often with fatal consequences. It is very unlikely that even a soothsayer or fortune teller would have foreseen the demise of Ellerines.

Innovative app revolutionising an industry
Mon, 01 Sep 2014

Every so often, a new development emerges that sets out to revolutionise a particular industry. In this instance, it is an app that is proving to be a game changer when it comes to combating fraud within the insurance industry.

CGF IRMSA strategically align with market benefits
Mon, 01 Sep 2014

Over the last decade, CGF Research Institute (Pty) Ltd (CGF) has steadily grown to become a well-established, leading governance authority in South Africa. The company is privately owned and prides itself upon the many clients it has served since 2004.

Associated Compliance Newsletter August 2014
Fri, 29 Aug 2014

The August 2014 Associated Compliance Newsletter has been published in the Insurance Gateway Knowledge Base. With a compliance flavour, these newsletters provide a succinct overview of happenings within the FAIS environment and being distilled as they are, are a must read for busy FSP executives who need to keep their finger on the compliance pulse.

Standard Insurance Limited will pay out R11.2m for Orkney earthquake claims
Fri, 29 Aug 2014

Standard Insurance Limited has registered 531 claims with a value of about R 11. 20m since the 5. 5 magnitude earthquake, with an epicentre near Orkney in North West Province, shook the country on 5 August.

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