The South African Insurance Association (SAIA) extends its sympathy to all who have been affected by the recent storms in parts of Gauteng and Kwa-Zulu Natal. Storms such as these which cause extensive damage to property and vehicles, highlight the importance of protecting one’s assets to reduce hardship following such devastation.
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.
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.
- 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
The Insurance Risk department has been kept extremely busy in the last two days due to the storms in Gauteng and KZN. Please view interviews and news clippings related to this.
From the Desk of the Chief Executive Sep 11, 2017
In his keynote address at the SAIA Cocktail function in July, Deputy Finance Minister Sfiso Buthelezi pledged government’s support to the short-term insurance industry.