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Centriq parners with SAU

02 July 2007 | People and Companies | Mergers & Acquisitions | Centriq / SAU

BEE risk finance insurance group, Centriq, joined forces with SA Underwriting Agencies (SAU) with effect from 1 April this year.

Renowned for its highly profitable and diverse range of personal lines motor only policies, SAU has been active in the insurance industry for more than a decade now. The group also has an established office in London, UK. They are also the administrators of the Ford and Mazda "One Year Free Insurance Program," which took the motor vehicle insurance market by storm approximately ten years ago.

Centriq CEO, Michael Blain, says that his group is delighted to have partnered with a reputable underwriting management agency like SAU. "Both parties will benefit from the relationship which will enable Centriq to further its quoting platform by providing clients with a greater choice of insurers."

SAU's strong brand, marketing and underwriting expertise complements Centriq's business philosophy of service excellence, market innovation and profitable risk underwriting management and development. "Centriq takes pride in the fact that it associates itself with entrepreneurs who are experts in their particular insurance niche as the partnerships we form need to sustain the underwriting management industry."

Centriq's other underwriting management relationships include a broad spectrum of specialised insurance segments such as engineering, marine, film producers indemnity, employee benefits, cell phone insurance, business liability, agricultural insurance, motor excess buy down cover, financial lines liability products (including directors and officers, employment practice liabilities, pension fund trustees and related products), professional indemnity cover, specialist motor and commercial as well as high net worth personal lines.

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