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 ®

The risk of governance failure: South Africa 2014
Wed, 22 Oct 2014

Article by Terrance M. Booysen, CEO, CGF Research Institute (Pty) Ltd A continent known for opportunity For many centuries Africa has been known as a continent where only the toughest of tough survive.

Captive insurers, are you ready for SAM?
Wed, 22 Oct 2014

JHB Since the Financial Services Board (FSB) first published their roadmap for the Solvency and Assessment (SAM) in 2010, traditional insurers have dedicated resources to develop their systems and processes in preparation for the SAM regime.

MTBSP Commentary from Kay Walsh, Deloitte Executive Lead in Economics
Wed, 22 Oct 2014

Facing the low-growth reality - additional measures proposed to reign in public debt While government spending has remained with the limits of the expenditure growth ceiling put in place in 2012/13, economic growth has consistently disappointed relative to National Treasurys forecasts which has translated into lower tax collections.

Dr Richard Maponya joins 5TH Annual Soweto Conference as keynote speaker
Wed, 22 Oct 2014

The University of Johannesburgs (UJ) Centre for Small Business Development (CSBD) in the Faculty of Management, is pleased to announce that Dr Richard Maponya will be a keynote speaker at this years 5TH Annual Soweto Conference on Entrepreneurship and Small Business Development.

Fair treatment and transparency go hand in hand
Wed, 22 Oct 2014

Richard Rattue, managing director Compli-serve SA It is difficult to open the industry press at present without coming across the words fair treatment. It is, of course, a derivative of the Treating Customer Fairly (TCF) initiative currently being pushed forward by the Regulator, which at its heart, encourages fair treatment through transparency, combined with ethical and responsible dealings with members of the public.

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