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 ®

How the cloud helps SMEs tidy up the IT mess
Fri, 24 Oct 2014

By Steven Cohen, Managing Director at Sage Pastel Cloud backup provider IronTree estimates that one in five South African small and medium sized enterprises (SMEs) experience some form of data loss once a year, most commonly as a result of accidents and natural disasters, data corruption, or theft of computing devices.

Prescription against government: ‘Debt’ is only a damages claim
Fri, 24 Oct 2014

By Patrick Bracher, Director Norton Rose Fulbright South Africa The Legal Proceedings against Certain Organs of State Act, 2002 requires that notice must be given to any organ of state which is to be sued within six months from the date on which the debt becomes due.

Virtual currency opens window for financial crime
Fri, 24 Oct 2014

SA financial firms urged to combat financial crime with stricter measures South African banks and financial institutions need to heed the recent warning from SA regulators on the risks of using virtual currencies, as criminals find more complex and innovate ways to launder the proceeds of illegal activities.

Are companies ready for their tech savvy Generation Y employees?
Fri, 24 Oct 2014

Never before have organisations needed to adapt themselves to their future employees quite like they are needing to do now. New technology trends and innovation have changed the learning spectrum to such an extent that in order to employ the next generation - Generation Y, organisations will need to relook their own technology and software adaptability in order to accommodate this new tech savvy generation.

Could a simple background check save a life?
Fri, 24 Oct 2014

By Sonya Skipp, General Manager at iFacts Im not guilty. Those are the words of the man who has been charged with three counts of culpable homicide and one of reckless and negligent driving. Isaac Maruding was applying for bail in the Magistrates Court, after he was arrested last week when the truck he was driving, was involved in what is being described as one of Johannesburgs worst ever car crashes.

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