New GENRIC UMA’s primary focus is to service brokers.
Brokers and their specific client needs are the focus of new underwriting management agency (UMA) Xenturion Underwriting Managing Services.
The brand new UMA exclusively offers brokers the service to customise their insurance portfolios according to their and their clients’ very specific needs, underwritten by an A- rated short-term insurer, GENRIC Insurance Company.
GENRIC Insurance buys stake in new UMA Petrosure.
Black-owned Petrosure Underwriting Managers (Pty) Ltd might be a brand new underwriting management agency (UMA), but the two people who engineered this speciality UMA that services the fuel and motor retail industries, are true veterans.
GENRIC Insurance has acquired majority equity in a number of underwriting management agencies (UMAs), marking the next phase of expansion for the insurance company.
The niche short-term insurer, which is backed by A-rated reinsurance companies, has bought all the shares in its following UMAs: Polygon Underwriting Agency; Sirago Underwriting Managers; Quantum Liability Underwriting Managers; and Lynx Transit Underwriting Managers. GENRIC also holds a stake in new aviation UMA, Planesure Underwriting Managers.
GENRIC Insurance invites other in-area businesses to bring donations.
Employees at a Midrand-based business decided to do more than just pitch for work. They have started a charity initiative that places South African children at its heart, allowing staff members to donate wish-list items to specifically earmarked children-focused foundations.
Landlords need not panic when tenants walk out of their contracts.
GENRIC Insurance Company Limited has devised a new rental guarantee insurance policy that gives insurance cover for legal costs and lost rental income exactly when landlords need it most.
The policy, launched by GENRIC at the start of November, provides landlords of residential and commercial properties with a safety net that ensures the protection of their asset.