SAIA

South African Insurance Association

+27 11 726 5381

About Us

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IMPORTANT NOTICE TO MEMBERS

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About

The South African Insurance Association (SAIA) is the representative body of the non-life insurance industry. It represents the industry to all relevant stakeholders to ensure a sustainable and dynamic industry. SAIA has 58 members, comprising all categories of non-life 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 non-life 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

  • Encouraging fair and ethical treatment of consumers of non-life insurance products;
  • Representing the non-life insurance industry with all stakeholders and at all levels in such a way that these stakeholders have trust and confidence in the industry;
  • Creating an environment in which the members of our industry can share information, debate important and relevant issues, and create a common vision for the non-life insurance industry;
  • Creating opportunities for the industry to continue with, and embark on, initiatives that will enhance its image and reputation among all stakeholders;
  • Promoting understanding of non-life insurance to all stakeholders;
  • Promoting awareness of the industry and its contributions to society and the South African economy.
Joint Industry guideline on Minimum Data Requirements Annexures

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MBR Certification

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Bulletinns

SAIA News

October Bulletin 2020

October Bulletin 2020 Oct 31, 2020

The end of October 2020 saw the Hon. Minister of Finance, Mr Tito Mboweni finally giving the Mid-Term Budget Policy Speech (MTBPS) which had been earlier postponed. In the MTBPS, Minister Mboweni stressed that state-owned entities continue to present significant fiscal risks in the form of contingent liabilities and direct requests for state financial support. The COVID-19 virus was also identified as one pandemic that continues to be a major factor impacting economic and business activity in South Africa. It is therefore evident that we are far from being in an ideal economic position as a nation, and addressing these issues will require both decisive government action and the political will and determination to implement recommended turnaround strategies aimed at promoting economic growth and business activity.

September Bulletin 2020

September Bulletin 2020 Oct 06, 2020

South Africans were elated by President Cyril Ramaphosa’s address on 16 September 2020, announcing that our nation would effectively be shifting gears to Alert Level 1 at midnight on Sunday 20 September. This announcement, which had long been anticipated by business, gave rise to a new glimmer of hope as preparations to further open many other economic sectors which had been restricted began in earnest. It was indeed music to the ears of our fellow hospitality and tourism industry counterparts who have suffered immensely during the lockdown that began at the end of March 2020.

More News

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