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IconUNDERWRITING MANAGERS

Transit Underwriting Managers (Pty) Ltd

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Tel: 086 111 3597
Fax: 086 111 3655
Postbox:
PO Box 23815
Claremont
7735
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.
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 Transit Underwriting Managers has been formulated as an alternative market carrier for the growing Goods in Transit insurance market.

Transit Underwriting Managers (TUM) is a subsidiary company of Lireas Holdings (Pty) Ltd, which is 100% owned by Hannover-re. TUM underwrites its risk through Compass Insurance Company, which is 100% owned by Hannover-re. Hannover-re is one of the largest Reinsurance companies in the world. Compass is the only 100% reinsurance owned insurance company in South Africa, thus more than ensuring the necessary capital efficiency.

TUM will have full underwriting authority. We aim to provide exceptional turnaround on quotes, issuing of policy schedules and claims administration. We will administrate the full claims process and have settlement authority. In the event of larger claims, we will administrate the process in conjunction with Compass, all the while ensuring that the process is dealt with in a professional and efficient manner.

Our vision is to be the preferred Service Provider for Goods in Transit insurance.

Company Press Releases »

Icon New Underwriting Agency exclusively for goods in transit cover
10 Oct 05 | Read More »
Transit Underwriting Managers has been formulated as an alternative market carrier for the growing Goods in Transit insurance market. Transit Underwriting Managers (TUM) is a subsidiary company of Lireas Holdings (Pty) Ltd, which is 100% owned by Hannover-re. TUM underwrites ...
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Policyholder Protection Rules:

A set of ruled defined by the Insurance Acts with the aim to enable a policyholder to make informed decisions in regard to insurance products and to ensure that the parties involved conduct business fairly and with due care and diligence.
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