On 16 May 2014 Mutual & Federal attended the annual SAUMA (South African Underwriting Managers Association) Conference, held in Bryanston, Johannesburg. The annual SAUMA Conference 2014 saw the industry professionals gathering to discuss trends, market developments and opportunities in the niche insurance and UMA (Underwriting Management Agencies) arena.
“Unique in the risk management solutions that the market requires, niche insurance markets continue to exhibit strong growth. The demand for specialised and focused products is becoming more prevalent, and that’s where partnering with the right UMA to serve our clients makes business sense,” says Sudhir Kissun, Head: UMAs and Reinsurance Inwards at Mutual & Federal.
In partnership with Camargue Underwriting Managers (Specialised Liability Management) and Merx Commercial Underwriters (Heavy Commercial Vehicles), Mutual & Federal has been able to provide niche and specialist insurance solutions which are tailored to clients’ risk management needs. With Camargue, Mutual & Federal is able to offer a wide range of Liability Insurance Solutions encompassing Fiduciary Cover, Financial Institutions Liability, General Liability and Commercial Crime. These solutions combine conventional Liability Insurance cover with value-added Risk Management tools to provide businesses with enhanced protection. In partnership with Merx, Mutual & Federal provides specialist solutions for all types of Heavy Commercial Vehicles, Goods-in-Transit and Credit Shortfall, amongst others.
“Since the commencement of our partnerships with Camargue and Merx, we’ve seen exceptional growth in our niche business coupled with a positive response from our broker partners and clients, and we will continue to explore appropriate opportunities to grow our niche business in line with the needs of our clients”, Kissun said.’
The conference saw well-known speakers including Jannie Mouton, Chairman of the PSG Group, Eusebius McKaiser, political analyst, broadcaster and news editor and broadcaster Bruce Whitfield take the floor.
For Mutual & Federal it was once again a great privilege to be a participant.
For further information, please contact: Tshepo Mashego
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