SAAEI
South African Association of Engineering Insurers (SAAEI) is one of SAIA' specialist divisions representing Engineering Insurers in the South African non-life insurance market.
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.
The strategic vision and mission for SAAEI can be summarised as follows:
To be an effective forum for raising awareness and to develop and promote understanding of the Engineering classes of business to the wider insurance market and related stakeholders.
Mission:
- To build a network of international engineering insurance practitioners to share knowledge.
- To provide training to engineering insurance and related practitioners.
- To promote, investigate, develop and enhance technical matters relating to engineering insurance.
- To promote social interaction between members.
- To engage and participate with other stakeholders on matters concerning engineering insurance.
Contact details:
To contact or correspond with SAAEI through the above Executive Members, please contact:
Promise Mhlanga (Senior Forums Secretariat)
South African Insurance Association (SAIA)
- Ground floor, Willowbrook House, Lake Drive, Constantia Office Park, c/o 14th Avenue and Hendrik Potgieter Street, Weltevreden Park, 1709
- P.O Box 5098, Weltevreden Park, 1715
- Tel: +27 11 726 5381
- Telefax: 086 647 2275
- Email: promise@saia.co.za
Publications:
- Chairman’s Review 2017.
- Contractual agreements in construction projects.
- Cyber Risk.
- Renewable Energy/Power projects.
- Plant All Risks (New Replacement Value’s/Market Value’s and Average.
- Terrorism.
- Third-Party Liability (Premium and Claims).
- Inherent Defects.