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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 ®


Directors and Reckless Conduct: Disregarding Standards of Care
Fri, 21 Nov 2014

Article by Terrance M. Booysen, CEO, CGF Research Institute (Pty) Ltd Johannesburg: There has hardly been a day that goes by where the media headlines grip the attention of citizens, announcing yet another case of poor governance practices, or a director engaging in reckless business conduct.


Camargue Launches New Commercial Crime Module on eLearning Platform
Thu, 20 Nov 2014

Just two months since Camargue captivated the insurance industry with the launch of its Directors and Officers liability eLearning platform - it has announced the addition of a Commercial Crime Liability module to the offering.


Cyber-risk loss: what should board members do?
Thu, 20 Nov 2014

By Christine Rodrigues, Director Norton Rose Fulbright South Africa Cyber-risk has become the most significant concern for todays boards. How does a company protect itself and how does a board deal with it? Cyber-risk forms an important part of an organisations risk management concerns.


ooba welcomes SA Reserve Bank decision to leave interest rate unchanged
Thu, 20 Nov 2014

The South African Reserve bank, under new governor Lesetja Kganyago, today announced that despite a pressurised economic outlook, interest rates will remain unchanged for this quarter, which means that the prime lending rate remains 9.


Matriculants warned of motor insurance risks during holidays
Thu, 20 Nov 2014

Christelle Fourie, Managing Director MUA Insurance Acceptances It is not uncommon for matriculants to celebrate the end of their schooling years and final exams by going on a holiday with friends, commonly known as Matric Rage.


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
...

 

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Rendevous 2014

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