Compass Insurance underwriting agencies maintaining momentum in the local insurance market

13 June 2011 Compass Insurance

Commercial and Industrial Acceptances (CIA) is recognised yet again at the 2011 Financial Intermediaries Association (FIA) Awards

The 09th of June marked the annual FIA Awards Ceremony, which acknowledges those market players who have succeeded over the past year within specific insurance sectors locally. At this year’s event, CIA, a Compass Insurance underwriting agency specialising in the insurance of buildings, won the award for Underwriting Manager of the Year 2011, for the second consecutive year in a row.

Paul Carragher, Managing Director at Compass Insurance, says; “We are very excited about this award as it is certainly a continued reflection of Compass Insurance’s ability to deliver sustainable and concrete underwriting processes to the market through agencies that are not only highly experienced, but understand the markets in which they operate. Congratulations to CIA on their well deserved recognition.”

Furthermore, MUA, a Compass Insurance underwriting agency specialising in the insurance of high net worth individuals was also nominated in the Underwriting Manager of the year category at the FIA awards for 2011.

“It is a huge achievement for Compass Insurance to have two of our agencies nominated for this award, given the fact that there are a number of niche underwriting providers in South Africa that fulfil this need very professionally.” concludes Carragher.

Quick Polls


How confident are you that insurers treat policyholders fairly, according to the Treating Customers Fairly (TCF) principles?


Very confident, insurers prioritise fair treatment
Somewhat confident, but improvements are needed
Not confident, there are significant issues with fair treatment
fanews magazine
FAnews June 2024 Get the latest issue of FAnews

This month's headlines

Understanding prescription in claims for professional negligence
Climate change… the single biggest risk facing insurers
Insuring the unpredictable: 2024 global election risks
Financial advice crucial as clients’ Life policy premiums rise sharply
Guiding clients through the Two-Pot Retirement System
There is diversification, and true diversification – choose wisely
Decoding the shift in investment patterns
Subscribe now