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South African Insurance Association (SAIA)

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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 

Company Press Releases »

Icon Business for Road Safety (BRS) forum launches Road Safety Pledge
05 Sep 19 | Read More »
Johannesburg – The Business for Road Safety (BRS) forum, an initiative formed by the South African Insurance Association (SAIA) in collaboration with other relevant stakeholder business associations launched its Road Safety Pledge on Wednesday at Midrand Conference ...
Icon SAIA welcomes City of Johannesburg’s assembly of 40 new fire engines
19 Aug 19 | Read More »
The South African Insurance Association (SAIA) welcomes the recent announcement made by the City of Johannesburg confirming that an initial order to the value of R216 million for fire engines and other fire emergency vehicles has been placed with its respective supplier ...
Icon SAIA Consumer Education initiative recognised as ‘best practice’
31 Aug 18 | Read More »
Johannesburg: In its latest infographic on “The importance of financial education in promoting financial inclusion”, the Belgium based Global Federation of Insurance Associations (GFIA) commended the South African Insurance Association (SAIA)’s long-standing ...
Icon A new dawn: The Prudential Authority and the Financial Sector Conduct Authority are finally here
14 May 18 | Read More »
Mashudu Mabogo, SAIA Legal Manager 1 April 2018 signalled the dawn of a new era for South Africa’s financial sector; the Prudential Authority (PA) and the Financial Sector Conduct Authority (FSCA), came into operation. Deputy Governor of the Reserve Bank, Kuben Naidoo, ...
Icon SAIA Update on 2nd Nedlac Financial Sector Summit
11 May 18 | Read More »
Themba Palagangwe, SAIA GM Governance and Transformation While it was unfortunate that the 2nd Nedlac Financial Sector Summit did not take place as anticipated, it is pleasing to note that the two days were still utilised effectively, with the Nedlac constituencies coming ...
Icon SAIA Update from the Desk of the Chief Executive May 2018
10 May 18 | Read More »
Viviene Pearson, CEO SAIA The Nedlac Financial Sector Transformation Workshop took place on the 5th and 6th of April, 2018. It was well-attended by our senior executives including CEOs from our member companies. The SAIA delegation agreed that despite the fact that agreements ...
Icon South African Insurance Association Launches 2018/19 Consumer Education Initiative
13 Apr 18 | Read More »
Johannesburg: The first of the South African Insurance Association’s (SAIA) flagship Consumer Education initiatives for the period 2017/18 successfully launched on 9 April through radio programmes aired on four radio stations, viz. Jozi FM, North West FM, Rise FM ...
Icon Head of Standard Insurance Limited named Deputy Chair of the SA Insurance Association
28 Aug 17 | Read More »
Johannesburg: Angela Mhlanga, Head of Insurance and CEO of Standard Insurance Limited, has been appointed Deputy Chairperson of the South African Insurance Association (SAIA). A chartered accountant by profession, Ms Mhlanga, who has over 12 years’ experience ...
Icon The South African Insurance Association adds its voice to concerns on S&P ratings downgrade
04 Apr 17 | Read More »
Johannesburg: The South African Insurance Association (SAIA), the representative body for the short-term insurance industry says yesterday’s foreign-currency rating downgrade to BB+, the first level of sub- investment grade by Standard & Poor Global Ratings is ...
Icon The SAIA board appoints chief executive
18 Dec 15 | Read More »
      Viviene Pearson, CEO, SAIA         The Board of the South African Insurance Association (SAIA) is pleased to announce the appointment of Ms Viviene Pearson as the SAIA Chief Executive Officer, effective 1 January ...
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From The Glossary »

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Personal Accident:

A class of insurance which provides a fixed payment in the event of an insured being injured in an accident or killed in an accident. The amount paid varies according to the nature of the injury, for example, loss of a finger, loss of an arm.
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