SAIA Stakeholders

Actuarial Society of South Africa The Actuarial Society of South Africa is the professional organisation for actuaries and actuarial students in South Africa. Vision: An actuarial profession of substance and stature, serving, and valued by, our communities as a primary source of authoritative advice and thought leadership in the understanding, modeling and management of financial and other measurable risks.

Association for Black Securities and Investment Professionals (ABSIP) The Association of Black Securities and Investment Professionals was established to address the apparent lack of representation of black professionals in the securities and investment industry. It was also conceived as a platform to address the aspirations of those in the industry and to create a forum for black professionals to exchange information and ideas.

Association for Savings & Investment South Africa (ASISA) ASISA represents the majority of South Africa’s asset managers, collective investment scheme management companies, linked investment service providers, multi-managers, and life insurance companies. United by one representative body for the first time, the members of ASISA have mandated this association to pro-actively engage with the policymaker and regulator, as well as intermediaries and consumers on regulatory and other important issues of common concern. ASISA will be an active participant in creating an environment that promotes equal opportunities for its members through holistic legislation, while at the same time looking after the interests of consumers and ensuring the sustainability of the industries represented and the intermediaries who promote them.

Automobile Association of South Africa The AA was formed with the aim of tackling motoring issues with national and macro-economic impact. The AA champions the needs of the motoring public and offers an extensive range of services, including roadside assistance, technical and motor-related legal advice, finance and insurance, driver training, as well as travel packages and advice. The AA’s service offering has rounded out to include motoring and lifestyle options, ensuring that we get you moving, keep you moving, and move you forward.

Banking Association of South Africa The Banking Association South Africa is an industry body representing all registered banks in South Africa. These include both South African and international banks.

Black Brokers Forum (BBF) The Black Brokers Forum is one of the representative bodies for black financial advisors.

Black Sash The Black Sash is an independent, non-governmental Human Rights organisation that has worked for justice and equality in South Africa for nearly 55 years. Since the end of Apartheid in 1994, the Black Sash has focussed on the promotion and protection of hard-won freedoms, particularly in the areas of social and economic rights.

Business Against Crime South Africa (BACSA) BACSA is one of Government’s strategic partners, in leveraging a rapid and substantial reduction in crime, to enable a safe and secure South Africa. Goals: Government’s institutionalization and maintenance of proven joint projects in the fight against crime; A results-driven and sustainable partnership between business, Government and communities, in the fight against crime, resulting in a growth in public confidence and the reduction of crime as reflected by the national crime statistics and crime trends. A significant reduction in the levels of targeted crime types measured against appropriate and agreed benchmarks; and Significant improvements in the effectiveness and efficiency of the Criminal Justice System such that it acts as an effective deterrent to crime, operating at levels comparable with international best practice

Business Unity South Africa (BUSA) BUSA represents South African business on macro-economic and high-level issues that affect it at the national and international levels. Function: To ensure that business plays a constructive role in the country’s economic growth, development and transformation and to create an environment in which businesses of all sizes and in all sectors can thrive, expand and be competitive.

Competition Commission The Competition Commission is a statutory body constituted in terms of the Competition Act, No 89 of 1998 by the Government of South Africa empowered to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy.

Consumer Tribunal The National Consumer Tribunal is an adjudicative body established by section 26 of the National Credit Act (No. 34 of 2005). It has jurisdiction throughout South Africa. The role of the Tribunal is to adjudicate on: Applications made in terms of the Act by consumers, credit providers, credit bureaux, debt counsellors and the Credit Regulator; Matters referred by the National Credit Regulator or Complainants related to allegations of prohibited conduct

COSATU The Congress of South African Trade Unions (COSATU) is a Trade Union Federation formed in 1985 after four years of unity talks between unions opposed to apartheid and committed to a non-racial, non-sexist and democratic South Africa. It is part of the Tri-partite Alliance with the African National Congress and the South African Communist Party. At the launch they represented less than half a million workers organised in 33 unions. They currently have more than two million workers, of whom at least 1.8 million are paid up. Even by international standards COSATU has been among the fastest growing trade union movements in the world.

Credit Information Ombudsman The office of the Credit Information Ombud resolves complaints from consumers and businesses that are negatively impacted by Credit information. All matters will be treated in confidence. Another responsibility for the office is to act as an educator for the public in matters pertaining to the credit information industry. Any consumer or business that is negatively affected by credit information may approach the Credit Information Ombud for assistance.

FAIS Ombud The FAIS Ombud was created in terms of the Financial Advisory and Intermediary Services Act 2002 (Act No. 37 of 2002). The function of the FAIS Ombud is to resolve disputes relating to the rendering of financial services by providers where they have either failed to comply with the FAIS Act or where as a result of either willful or negligent conduct by the provider the client has suffered or will potentially suffer prejudice or damage. The primary objectives of the FAIS Act is to ensure consumer protection and the integrity of the financial services industry and is underpinned on principles of contract law as well as equity.

Financial Intermediaries’ Association (FIA) The Financial Intermediaries Association represents the cream of South Africa's independent brokers. FIA members are committed to upholding its constitution and respecting its Code of Conduct. The FIA considers membership applications from experienced brokers with proven industry standing as the FIA always needs to ensure that its members are seen as true professionals.

Financial Services Board (FSB) The Financial Services Board is a unique independent institution established by statute to oversee the South African non-banking financial services industry in the public interest. The FSB is committed to promote and maintain a sound financial investment environment in South Africa.

Finmark Trust FinMark Trust was established in March 2002 with funding from the UK’s Department for International Development. FinMark Trust is an independent trust whose business is controlled by five trustees from countries in Southern Africa. Sogan: "Making Financial Markets Work for the Poor". FinMark Trust aims to promote and support policy and institutional development towards the objective of increasing access to financial services by the un- and under-banked in Africa. A case study on FinMark Trust is available Here Click Here

Fire Protection Association (FPA)

Insurance Institute of South Africa (IISA) The history of the Insurance Institute goes back to 1898, when it was first established in Cape Town. Subsequent development saw further institutes develop in all the main cities and towns in South Africa, all affiliated to the Chartered Insurance Institute in London. The focus was the provision of insurance technical learning material - for distance learning and testing by examination. In 1966 the local institutes voted to form a central South Africa body and the Insurance Institute of South Africa was formed as an affiliate of the CII, with the local institutes in turn becoming affiliates of the IISA.

Insurance sector education and training authority (Inseta) INSETA promotes and enables quality skills development through funding education and training in South Africa to meet the national skills agenda and contributes to transformation in the sector. The INSETA represents the following constituents within the insurance sector: Short-term insurance Life insurance Short term insurance Insurance and Pension Funding Risk management Health care benefits administration Unit trusts Funeral Insurance Reinsurance Pension Funding and Activities auxiliary to Financial Intermediation.

Johannesburg Metropolitan Police Department (JMPD)

Law Society of South Africa The Law Society of South Africa has the following functions: Promoting the common interests of the attorneys' profession, having regard at all times to the broader interests of the public whom the profession serves; Empowering the profession (provide training to candidate attorneys and continuing professional development to attorneys, to ensure quality legal service to the community in an ethical, professional, competent and caring manner).

Motor Vehicle Security Association of South Africa (VESA) VESA is a non-profit organisation that was established in 1987. It is currently the only organisation of its kind that regulates the manufacturing standards, installation standards and Certification of Vehicle Security Systems in South Africa. VESA protects the interests of insurers and the general public from being misled by unscrupulous businesses offering inferior services and products for vehicle security. VESA Accredited installers are properly trained and fitment procedure integrity is constantly monitored. The standards set by VESA consist of elements set by Standards South Africa as well as vehicle security industry affiliates. Recognising VESA’s success in preventing crime, the organisation has been appointed as the official vehicle security standards-generating body by Standards South Africa (StanSA), previously the SABS.

National Association of Automobile Manufacturers South Africa (Naamsa) NAAMSA is the representative organisation for franchise holders marketing vehicles in South Africa.

National Credit Regulator (NCR) The NCR was established as the regulator under the National Credit Act 34 of 2005 (the Act) and is responsible for the regulation of the South African credit industry. It is tasked with carrying out education, research, policy development, registration of industry participants, investigation of complaints, and ensuring enforcement of the Act. The Act requires the Regulator to promote the development of an accessible credit market, particularly to address the needs of historically disadvantaged persons, low income persons, and remote, isolated or low density communities. The NCR is also tasked with the registration of credit providers, credit bureau and debt counselors; and enforcement of compliance with the Act.

National Treasury The National Treasury is responsible for managing South Africa’s national government finances.

Ombudsman for Banking Services The Ombudsman for Banking Services (OBS) resolves individual complaints about banking services and products. Any bank customer who has a complaint against his or her bank may approach the OBS for assistance.

Ombudsman for Long-term Insurance The function of the office is to mediate in disputes between subscribing members of the long-term insurance industry and policyholders regarding insurance contracts.

Ombudsman for Short-term Insurance Established in August 1989, The Office of the Ombudsman for Short-Term Insurance provides consumers with a free, efficient and fair dispute resolution mechanism. It offers consumers with a “no risk” mechanism to resolve disputes with insurers. The Office can assist consumers with the following personal lines short-term insurance: Motor Houseowners (Buildings) Householders (Contents) Cell phone Travel Disability Credit protection insurance Commercial Insurance on a Limited basis, i.e. claimants such as small businesses, including a sole proprietor or trader, a juristic person, partnership or trust that has a turnover in the last financial year of less than R8 million. Claim disputes, which the Office can assist with, include fire and allied perils (if there is an involvement of loss of profits/interruption, the entire claim will not be dealt with by the Ombudsman’s Office), glass, theft, motor, travel, sickness and accident and SASRIA claims (affiliated to the aforesaid covers).

Parliament

Pension Funds Adjudicator The purpose of the Pension Funds Adjudicator is to resolve disputes in a procedurally fair, economical and expeditious manner. The Adjudicator’s office investigates and determines complaints of abuse of power, maladministration, disputes of fact or law and employer dereliction of duty in respect of pension funds.

Retail Motor Industry Organisation of South Africa (RMI) The RMI is the major employer representative of the Motor Industry Bargaining Council and thus plays a major role in negotiations for the main agreement for the motor industry and the administrative agreement. The RMI is a member owned and driven organisation constantly seeking and offering solutions to issues/concerns raised by its members in their day-to-day running of their businesses. In this capacity it plays a vital role in terms of the industry's social benefit schemes, dispute resolution processes and exemption procedures.

Road Traffic Management Corp (RTMC) Recognizing the importance of the regulation of public transport and road traffic to the development, safety and quality of life of all South Africans, the purpose for which the RTMC was established is: To enhance the overall quality of road traffic management and service provision; To strengthen the cooperation and coordination between the national, provincial and local spheres of government in the management of road traffic; To maximize the effectiveness of provincial and local government efforts, particularly in road traffic law enforcement; To create business opportunities, particularly for the previously disadvantaged sectors, to supplement public sector capacity; To guide and sustain the expansion of private sector investment in road traffic management. The overriding aim of the Road Traffic Management Corporation (RTMC) is to overcome the current fragmentation of traffic management functions across provincial and local jurisdictions, and to bring a new professional coherence and improved morale into the entire system.

SABRIC SABRIC is a Section 21 company based in Midrand, established to combat crime in the banking industry. Its key stakeholders are the major banks. Its principle business is to detect, prevent and reduce organised crime in the banking industry through effective public private partnerships. The company also provides crime risk information and consequence management to the banking industry and CIT companies. One of our key responsibilities is co-ordination of activities to address organised bank related crime, i.e. violent and commercial crime. We provide a range of services to our clients including representation and lobbying, project management support, research and developing industry best practices for crime reduction. The company interface with a range of external organisations and public and private partners, most notably to progress crime risk reduction activities.

South African Bureau of Standards (SABS) SABS is a statutory body that was established in terms of the Standards Act, 1945 (Act No. 24 of 1945) and continues to operate in terms of the latest edition of the Standards Act, 2008 (Act No. 29 of 2008) as the national institution for the promotion and maintenance of standardization and quality in connection with commodities and the rendering of services.

South African Insurance Crime Bureau (SAICB) The South African Insurance Crime Bureau (SAICB) is a section 21 not for profit organisation that addresses fraud and crime in the short-term insurance industry. The SAICB was formed after a four year investigation by the South African Insurance Association (SAIA) on how to best address crime and fraud in the short term insurance industry. It was decided that a holistic approach through an independent company like the SAICB was the best way to address the vast and ever increasing problem of insurance fraud and crime. The SAIA was instrumental in the formation of the SAICB and ten of the eleven member companies are members of the SAIA.

South African Motor Body Repairers’ Association (Sambra) / Naasp SAMBRA represents the interests of the vast majority of the formal motor body repairer market in South Africa. All motor body repairers that are able to achieve the standards of SAMBRA's grading system are invited to apply for membership of SAMBRA and the membership that has attained our stringent grading standards now stands at 1015 Nationwide. The grading system is devised to allow all levels of repairer to become a SAMBRA member however restrictions are placed on our members in terms of the scope of work they are permitted to carry out, depending on and aligned with the grading they have achieved.

South African Police Services (SAPS)

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The South African Insurance Association
Association Incorporated under Section 21
Registration No.1998/25543/08

Postal address:
PO Box 30619
Braamfontein
2017

Physical address:
3rd Floor, JCC House
27 Owl Street
Milpark

Contact detail:
Tel: +27 11 726 5381
Fax: +27 11 726 5351
Email: info@saia.co.za

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