Compass Insurance Company Limited

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

28/05/2026

As the CEO of Landmark Underwriting Managers, Petri Janse van Vuren leads with fairness, reason and an unwavering commitment. His steady, principled approach is driven by a deep belief that sustainable growth is built through consistency, integrity and doing the right thing every day.

In an industry defined by uncertainty, Petri’s ability to balance caution with long-term vision has helped shape Landmark Underwriting Managers into a grounded and resilient business.

Petri’s leadership philosophy is captured perfectly in the words: “Luck is the residue of good planning;” a testament to the discipline, foresight and thoughtful decision-making that continue to guide the success of Landmark Underwriting Managers under his stewardship.

13/05/2026

Yolande Smits' journey in the insurance industry is one built on resilience, hard work and a genuine passion for people.

As MD of Garagesure, Yolande has played a key role in reshaping and strengthening the business within the highly specialised fuel and filling station sector.

Known for her energy, curiosity and relationship-driven approach, Yolande leads with both warmth and accountability - creating an environment where people are encouraged to grow while standards remain high.

Her leadership reflects someone who has earned her place through persistence, adaptability and an unwavering commitment to doing things properly. Garagesure Consultants and Acceptances

25 years of grit, commitment and getting it done! The team at Firedart Engineering Underwriting Managers has built a sha...
07/05/2026

25 years of grit, commitment and getting it done! The team at Firedart Engineering Underwriting Managers has built a sharp, trusted and fiercely resilient business. Here’s to 25 years of bright minds, steady hands and engineering insurance done right.

28/04/2026

Thank you Durban for bringing the energy! Great conversations, strong relationships and a shared drive to move forward. Thank you to our broker partners for joining us on the KZN roadshow and we look forward to the next one.

21/04/2026

Jan Coetzee, founder of Azriel Aviation Africa, is a well-known and respected figure in the aviation insurance space.

He has built his reputation on technical strength, sound judgement and a deep understanding of a highly specialised class of business.

In aviation, there is little room for error - Jan approaches underwriting with the discipline and clarity that the sector demands. Direct and to the point, he is known for cutting through complexity and focusing on what truly matters.

Beyond his technical ability, Jan is widely regarded as a trusted partner - someone who values relationships, consistency and doing things properly.

It is this combination of expertise and straightforward leadership that continues to define Azriel Aviation Africa and its place in the market.

15/04/2026

31/03/2026

24/03/2026

Ross McCrorie has led Paradigm Risk Consultants with a clear view of what matters — disciplined underwriting, strong judgement and the value of a stable, experienced team. He is known for backing his convictions and running a tight ship. He leads with a direct, no-nonsense style that sets clear expectations and keeps standards high. After more than three decades in the insurance market, Ross has his focus firmly on a five-year strategic growth horizon and Paradigm Risk Consultants is well-positioned, under his watch, to make it count.

Address

Johannesburg
2196

Website

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