SAIA

South African Insurance Association

+27 11 726 5381

About Us

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About

The South African Insurance Association (SAIA) is the representative body of the short-term insurance industry. It represents the industry to all relevant stakeholders to ensure a sustainable and dynamic industry. SAIA has 59 members, comprising all categories of short-term insurers, including reinsurers. Its members abide by the SAIA Code of Conduct, which ensures adherence to best-practice industry standards and self-regulation.

Vision

To promote and represent the interests of the short-term insurance industry, while leading and enhancing the efforts of the industry to become recognised and trusted as an important contributor to the South African economy and society.

Mission

  • To encourage fair and ethical treatment of short-term insurance customers
  • To favourably represent the short-term insurance industry in such a way that all stakeholders have trust and confidence in the industry
  • To create an environment in which industry members can share information, debate important and relevant issues, and create a common vision for the short-term insurance industry
  • To create opportunities for the industry and to embark on initiatives that will enhance its image and reputation amongst all stakeholders
  • To promote understanding of short-term insurance to all stakeholders
  • To promote awareness of the industry and its contributions to society and the South African economy

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MBR Certification

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SAIA News

From the Desk of the Chief Executive - SAIA Bulletin February 2019

From the Desk of the Chief Executive - SAIA Bulletin February 2019 Mar 05, 2019

The month of February saw two major scheduled events, the State of the Nation Address (SONA) by President Cyril Ramaphosa on 7 February and the Budget Speech delivered by the Minister of Finance, Mr Tito Mboweni on Wednesday 20 February 2019. The non-life insurance industry, like all other industries, operate in the broader social, political and economic environment and is therefore dependent on a sustainable broader environment. Therefore, much of what SAIA does relate to the sustainability of the industry, as well as the broader environment.

Response to the 2019 National Budget- SAIA Bulletin February 2019

Response to the 2019 National Budget- SAIA Bulletin February 2019 Mar 05, 2019

Like the 2018 Medium-term budget policy statements (MTBPS) this budget was very closely watched with many hoping for clarity on future direction. There appears to be more questions than answers in the current environment and more groups with different views and interests than what the fiscus can allow.

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R80 million Spent on consumer ed.
35% Est. vehicles insured
R102.8 billion Gross written premium
56 Member companies