About SAIA

The South African Insurance Association (SAIA) is the voice of the short-term insurance industry. It represents the industry at all levels and with all stakeholders, to ensure a sustainable and dynamic short-term insurance industry for the benefit of all South Africans.

The SAIA represents most of the short-term insurance companies in South Africa and is authorised to negotiate on their behalf. The Association has 58 members, with a Chairman and vice-Chairman elected from its Board. Members of the SAIA abide by the SAIA Code of Conduct and participate in the Office of the Ombudsman for Short-term Insurance. The SAIA also participates and is represented in various organisations within and outside the insurance industry. The Association is managed by a Chief Executive and has 31 staff members.

Following a review of its existing, new and emerging projects, the SAIA has taken a strategic approach to address the sustainability of the insurance industry, in relation to environmental, social and governance (ESG) factors. This approach is in line with the United Nations Environment Programme – Finance Initiative (UNEP FI) Principles for Sustainable Insurance which talks to ESG Risks. The SAIA Board has identified the following key priority areas and agreed on a structure to enable the SAIA to effectively address the issue of short-term insurance sustainability

SAIA's key priority areas as identified by its Board:

• Environmental and Social Risks
• Governance Risks
• Motor
• Reinsurers

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