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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Gareth Beaver, CEO of Centriq Insurance Gareth Beaver, CEO of Centriq Insurance, leaves no stone unturned as he highlights the white elephant(s) in the room We are in the midst of rapidly changing times and consolidation in order to leverage scale benefits within the industry are upon us.

What if Hollywood Doesnt Call?
Thu, 30 Apr 2015

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Mexican Economy Facing Headwinds
Wed, 29 Apr 2015

By Patricia Krause and Adriana Meyer, economist at Coface, the international credit insurer Since the signature of the Pacto por Mexico in December 2012, an agreement struck by the three main political parties, the country has witnessed a variety of reforms.

Corruption: Strong governments and ethical leaders bring sustainability
Wed, 29 Apr 2015

Article by Terrance M. Booysen and peer reviewed by Megan Grindell (Director: Carter DGF) Johannesburg - Irrespective of where you may live -- and no matter what your line of business and language may be -- universal thoughts most often expressed by people regarding corruption is obscured in darkness and negativity.

Former NSA director, whistle-blower to keynote ITWeb’s Security Summit in Johannesburg
Wed, 29 Apr 2015

A former director of the National Security Agency (NSA) Bill Binney, will be speaking at ITWebs Security Summit 2015. The 10th annual gathering of IT security professionals and executives in charge of protecting their business data, is on at Vodacom World from 26 to 28 May.

Knowledge Base - RSS feed from Insurance Gateway ®

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FSB Quarterly Reports Short-term

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Micro-insurance in South Africa
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Ethics in Business Presentations