Renasa Insurance Company Limited
| Tel: (011) 380 3080 |
| Fax: (011) 380 3088 |
Address: Renasa House
170 Oxford Road
Melrose
2196 |
Postbox: P O Box 412072
Craighall
2024 |
Scope: Eastern Cape, Gauteng, KwaZulu-Natal, Northern Province, Western Cape. |
Licence: Accident & Health Engineering Guarantee Liability Miscellaneous Motor Property Transportation
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 Renasa has an unrestricted short-term insurance license and under this license, Renasa writes a wide range of business classes. Renasa has been rated BBB+ by Global Credit Rating Co. ("Global") and distributes its product through three channels:
- Brokers/Administrators who distribute domestic and commercial lines through conventional delegations of authority granted to administrators and direct brokers;
- Portfolio Managers who underwrite select business through risk and reward sharing structures; and
- UMA's which underwrite spesialised single class business.
These currently include:
- Construction performance guarantees;
- Contractors all-risks business; and
- Marine classes.
In addition to conventional domestic cover and Multimark III-type commercial cover, Renasa offers products for specialist risk areas including:
- Property;
- Machinery breakdown;
- Contractors all-risks;
- Guarantees and Bonds;
- Marine;
- Agriculture ; and
- Products specifically developed for previously disadvantaged communities.
A foundation of our philosophy at Renasa is to reward responsible risk management with economic insurance.
This, together with innovative products, provides benefits to our policyholders which distinguish us in the market. Accessibility to our key management is another distinguishing factor.
It results in a swift decision-making process and agility and flexibility that translates into action in far less time than the corporate environment normally permits.
The level of professionalism of our executive team and their commitment to delivering to our policyholders excellent product, value and service, is a further differentiating factor.
Finally, we value our business associations, none more than the association we enjoy with our insured clients. |