SAAEI
South African Association of Engineering Insurers
The South African Association of Engineering Insurers (SAAEI), a division of SAIA, represents underwriting members who specialise in the engineering insurance sector. This industry segment encompasses a range of standard insurance classes, including, but not limited to, contractors’ all risks, erection all risks, electronic equipment, machinery breakdown, and plant all risks.
The main classes of insurance in the engineering sector include:
- Construction/Erection All Risks
- Advanced Loss of Profits following Construction/Erection All Risks
- Plant All Risks
- Machinery Breakdown
- Loss of Profits following Machinery Breakdown
- Deterioration of Stock following Machinery Breakdown
- Electronic Equipment All Risks
SAAEI: Advancing Engineering Insurance Through Awareness, Education, and Engagement
SAAEI remains firmly aligned with its mission and vision:
“To be an effective forum for raising awareness and fostering understanding of engineering insurance classes within the broader insurance market and among relevant stakeholders.”
This mission mirrors the guiding principles of its international counterpart, the International Machinery Insurance Association / International Association of Engineering Insurers (IMIA).
Education and Professional Development
SAAEI is committed to promoting continuous professional development through education, training, and the pursuit of industry-relevant qualifications. The aim is to uphold the highest professional standards across the sector while nurturing the next generation of talent in engineering insurance.
Lunch-Time Market Talks
To encourage dialogue and insight, SAAEI regularly hosts engaging lunch-time sessions. These events explore the evolving dynamics between clients, intermediaries, and product providers, offering participants valuable perspectives on the industry's future.
SAAEI Annual Conference
The annual conference serves as a key platform for raising awareness, fostering collaboration, and deepening understanding of engineering insurance. It brings together stakeholders from across the insurance value chain to share insights and strengthen industry connections.
SAAEI Executive Committee Members:
- Chris Charlton (Chairperson ) – Consort Technical Underwriters
- Katlego Mdhluli – Bryte
- Keith Barlow-Jones – Guardrisk
- Priya Naidoo – Hollard
- Sanet Olivier (Deputy Chairperson ) – Mirabillis (Santam)
- Shelly-Ann Whitakker – Firedart
- Nomxolisi Solo – Munich Re
- Susan De Wet – Old Mutual
To contact SAAEI please email:
Related resources
For more global insights and resources, visit the International Association of Engineering Insurers (IMIA).