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NATSURE JOINS COMPASS INSURE PARTNERS

Published

2020

Sat

01

Feb

Natsure Underwriting Managers (Pty) Ltd (“Natsure”), announced today that they are partnering with Compass Insurance Company Limited (“Compass Insure”). Effective 1 April 2020 they will operate as an Underwriting Manager on behalf of Compass Insure.

 

The move to Compass is part of the Natsure 2020 vision to increase their broker footprint and to allow the broker market the opportunity to write a range of niche products through one Insurer.

The new partnership is a strategic fit for both parties with Natsure offering a bouquet of niche short term insurance products which compliments the Compass Insure business.

 

  “Our positive year on year profitable premium growth is a true indication of our focused approach. The new partnership with Compass Insure is an exciting opportunity and one of mutual benefit.” Tersia Davey MD Natsure Group

 

Paul Carragher MD Compass Insure ” We are delighted to welcome Natsure as a Strategic Partner in our eco-system. We look forward to our journey together in shaping the insurance of tomorrow”

 

Natsure is an authorised financial services provider, FSP number 4578.

 

Natsure is a Guardrisk Cell Captive Partner and an International Lloyd’s Coverholder.

 

 

Compass Insure is a registered Financial Services Provider, FSP number 12148.

Compass Insure has a GCR national scale financial strength rating of AA-(ZA); with a Stable outlook.

 
Source: Natsure
 
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Sharpe Ratio:

The ratio of annual return minus the risk free rate of return (e. g. long term government bond yield) and the annualized standard deviation. The Sharpe ratio is an example of a risk-adjusted return. This is a measure that describes the efficiency or value added by the manager for each unit of risk taken.
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