South African Underwriting Managers Association


Friday 8th May Annual SAUMA Conference 2015 ... [click here to book now]  

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

Front row from left to right : Tersia Davey - Chairperson (Natsure), Christine Sounes (SAUMA Manager), Andre de Waal - Vice Chairman (Commercial & Industrial Acceptances) Natasja Blok (Thatch Risk Acceptances)
Back Row from left to right : Curt Meyer (Mirabilis Engineering Underwriting Managers),
Rory Gainsford (HICSA), Drew Schnehage (Aquarius Underwriting Managers),
Steve von Roretz (Leppard & Associates), John Towsey (New Wheels Underwriting Agency),
Stuart Benfield (PrimaryAsset)

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Retailers should optimize supply chains to ensure customer satisfaction this festive season – DHL
Fri, 27 Nov 2015

The e-commerce shopping experience is increasingly becoming a popular option for consumers during the festive season CAPE TOWN, South Africa: The e-commerce shopping experience is increasingly becoming a popular option for consumers during the festive season.

Payroll snags to watch out for over the festive season
Fri, 27 Nov 2015

By Sandra Swanepoel, Managing Director for Sage HR Payroll The festive season is nearly here. Here are a few tips that will help you to get ready for the last payroll of the year and the big holiday shutdown.

Associated Compliance is on the move today
Fri, 27 Nov 2015

Effective Monday 30th November Associated Compliance will be at: Ground Floor Lakeview House Constantia Office Park Corner 14th Avenue and Hendrik Potgieter Street Weltevreden Park Roodepoort 1709 Our postal address remains unaltered as; PO Box 9655 Devon Valley 1715 The actual move will be taking place on Friday the 27th November so access via the landline will not be possible on that day.

Coface projections for 2016 Energy Market
Thu, 26 Nov 2015

By Coface, the Trade Credit Insurance Company The energy sector has been hit by the fall in the oil price, down 59% between June 2014 and 24 September 2015 for a barrel of Brent. To overcome the fall in cash flow, major oil companies have reconsidered their investment projects, with many oilfields no longer profitable at an oil price below $60 a barrel.

2015 Christmas Sales Update
Thu, 26 Nov 2015

By Luke Doig, Senior Economist, Credit Guarantee Insurance Corporation Our recent Christmas sales outlook forecast December 2015 retail sales to grow by 7. 4% in nominal terms and just 1% in real terms given the soft consumer outlook.

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