Established in 1987, Safire Insurance Company Limited is a nationwide short-term insurer committed to supporting brokers and policyholders through tailored insurance solutions, dependable service, and long-term partnerships. They created a unique insurance co-operative for their niche requirements, providing secure insurance cover at a cost that was accessible to all. Initially called the Central
Timber Fire Protection Co-operative Limited (CTFP), it operated a scheme whereby members’ claims were settled from a central pool of reserves contributed by the members. A re-insurance treaty was simultaneously established with underwriting syndicates at the renowned Lloyds of London, to cover a portion of the risk. In 1997, with the advent of the General Short Term (GST) programme, insurance cover was extended to include non-plantation short-term insurance to co-operative members. The co-operative’s name was changed to South African Fire and General Protection Co-operative Limited. In November 2000, a momentous step was taken when the co-operative was granted an insurance licence by the Financial Services Board, and converted to a public insurance company known as Safire Insurance Company Limited. We have a flat management structure, with representatives who are accessible to anyone who needs them, and all queries and business matters are managed effectively, efficiently and with a personal touch. Safire does not operate call centres, enabling brokers to deal with our staff who are directly involved with a claim and/or underwriting file. Safire does not handle direct business because we believe in the value that a broker adds for their client.
