Compass Insurance Company Limited

Directions Website Contact the business

Compass Insurance Company Limited Compass Insurance Company Limited (“Compass”) is the specialist South African Short Term Insurer

WHO WE ARE

The Specialist Short-Term Insurer

Compass Insurance Company Limited, "Compass", operates exclusively through Underwriting Management Agencies "UMAs". Compass is wholly owned by Hannover Reinsurance Africa Limited, which is a 100% owned subsidiary of Hannover Ruck SE (Germany). WHAT WE DO

A precision-engineered platform

Compass operates in the Short-term Insurance Sector, offering a value-added proposition to the market whilst generating appropriate returns for all business partners. Compass is focused on providing customised, innovative and cost-effective insurance solutions. OUR GOALS

• Compass is focused on being a compelling business partner, with the systems, controls and service levels demonstrating a performance-driven culture
• Compass strives to be the most efficient insurance platform in the sector
• Compass manages its expense ratio to deliver value to UMAs and ensure a self-sustaining business model
• Compass will execute its responsibility to protect its level of capitalisation and exposure to risk to ensure sustainability for both Compass and its partners
• Compass has established itself as the leader in the creation of an efficient and effective UMA model
• Compass is focused on delivering an attractive return as a business and for all its business partners
• Our contribution to value-creation is measured by the standards of the international Hannover Re Group

OUR PROMISE

• We are committed to paying valid claims
• We support an open-door policy that allows for respectful debate
• Our people are a critical factor in our success and we are committed to the principles of employee empowerment
• Compass is committed to being a good corporate citizen
• The Compass model is based on co-operation between connected spheres of expertise
• Compass respects the specialist knowledge of each partner and facilitates the symbiotic relationship that is critical to business success
• Compass operates with the highest degree of integrity

OUR VALUE PROPOSITION

Compass focuses on delivering:
• A highly-rated and secure insurance license
• A robust formula to enable and control a UMA model
• Cost-efficiencies and value to all our partners
• The best platform in the market through which to underwrite specialist insurance solutions defined by:
- Access to capital
- Access to secure capacity on a long-term basis
- Efficient and robust business systems and processes
- Controls that protect the integrity of the insurance promise
• Highly-skilled, professional people that are focused on value creation for our key partners and our customers

29/09/2026
22/09/2026

It is a young company with super-sized ambition and a clear direction. And at the helm of X Underwriting is Ceazare de B**r, an MD who doesn't do things in traditional ways. His focus is to use smarter technology to close real gaps, make life easier for brokers and deliver an-all round better experience, when it matters most. But ambition comes with discipline. He believes in thinking big but starting solid. With a bold outlook, a healthy respect for risk and a determination to build something that lasts – we expect that this start-up will make an impact fast.

03/09/2026

Happy 25th anniversary Camargue Underwriting Managers. Lucian Carciumaru and team: wishing you blockbuster success in the years ahead and we look forward to a partnership that only grows stronger.

01/09/2026

Authenticity, clarity and kindness have come to define Jerry Anthonyrajah. It is a belief that the best businesses are built on trust, partnership and shared ambition. He believes in the kind of leadership that is about making complexity simpler - designing an environment where people can do their best work. It’s also about thinking long term — building relationships, making sound decisions and creating value that lasts.

Three months into his journey as shareholder and MD of Oraclemed, which provides bespoke healthcare products for individuals working or residing
across the African continent, Jerry has been encouraged to see how deeply these values are already embedded in Oraclemed.

Here’s to building something exceptional, together!

11/08/2026

Douglas Haig is the kind of leader that doesn’t just build businesses - he builds belief. He brings a clear sense of purpose to everything he does and understands that with every building insured – people’s homes, livelihoods, memories and communities are protected. His leadership is defined by vision and courage with a focus on backing his people, challenging thinking and looking for a better way to serve brokers and clients alongside excellence business growth. CIA Building Insurance Specialists

28/07/2026

A forest doesn't grow on good intentions alone. It grows when people show up!
To every partner who backed the 67 Minutes campaign in 2026, thank you for helping to Grow a Forest Together! #1200 trees planted!

22/07/2026

A forest doesn't grow on good intentions alone. It grows when people actually show up!

To every partner who backed this campaign, thank you for helping us Grow a Forest Together!

#1200 trees planted! Food & Trees for Africa

17/07/2026

Coffee, collaboration and corporate challenges. Plenty of lightbulb moments for the students and for our team at the Compass Insure 2026 Undergraduate Vacation Programme.

09/07/2026

The best claims outcomes starts long before the claim is made. It’s about more than resolving losses—it's about protecting businesses, supporting clients and making sound decisions in real-time. Thank you to the Claims team at Compass Insure, our UMA’s and the amazing line-up of guest speakers for raising the bar, one conversation at a time.

Address

Johannesburg
2196

Website

Alerts

Be the first to know and let us send you an email when Compass Insurance Company Limited posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Compass Insurance Company Limited:

Shortcuts

Share

Category