INSURIS

Launching 01.03.2027

About INSURIS

A note from Michael Daffy, one of the three founding directors and shareholders of INSURIS.

INSURIS (Pty) Ltd is a proposed South African specialist underwriting management agency, based in Hurlingham, Sandton. As it stands, we are preparing to hopefully put INSURIS out there officially on 1 March 2027.

We started INSURIS because we believe specialist short-term insurance products can be client-specific, genuinely flexible, clearer and better run, with more personalised services.

Before we open our doors, we are taking the time to get the foundations right: the right people, the right processes, the right technology and the right partners. That includes completing the legal and regulatory processes required by the Financial Sector Conduct Authority (FSCA), so that INSURIS is properly authorised and compliant before we offer anything to the market.

What we are preparing to launch

We are developing a range of specialist short-term insurance products, which we intend to offer through authorised brokers from launch:

  1. INSURIS Private Wealth Insurance
  2. INSURIS Motor Traders Insurance
  3. INSURIS Industrial & Commercial Insurance
  4. INSURIS Community Living Insurance
  5. INSURIS Aviation Insurance
  6. INSUREX Community Living Excess Cover
  7. INSUREX Aviation Excess Cover

The products listed above are proposed only. They are still in development and are not available, and they are not being offered, marketed or sold. Their names, features and availability are provisional and may change, or the products may not be launched at all.

INSURIS (Pty) Ltd is not currently an authorised financial services provider and does not render any financial services. We do not give advice, and we do not act as an intermediary. We will not quote, offer, bind or place any insurance cover, accept any application for cover, or accept any premium, until each of the following is in place:

  • our authorisation as a financial services provider by the Financial Sector Conduct Authority under the Financial Advisory and Intermediary Services Act 37 of 2002;
  • a binder agreement with an authorised insurer, concluded in accordance with the Insurance Act 18 of 2017 and the regulatory requirements that apply to it; and
  • the mandates and other agreements that South African law requires of us to act in that capacity.

Until then, this page describes our intentions only. It is subject to change, and it is not an offer, an invitation or solicitation to apply for cover, or financial advice. No person should rely on it in deciding whether to buy, change or cancel any insurance, and no contract, obligation or cover arises from it or from any enquiry made to us.

Where we are now

INSURIS is applying to the Financial Sector Conduct Authority for authorisation as a financial services provider.

We are in discussions with a risk carrier to underwrite our products. That arrangement remains subject to our authorisation and to a binder agreement being concluded.

What we stand for

  • Private service: the attentiveness of a private bank, extended to every broker and client we intend to serve. Personal, precise, and always there when you need us most.
  • Specialist by design: focused on the risks we know well, rather than trying to be everything to everyone.
  • Brokers first: we will work through authorised brokers, and we want to make their work simpler.
  • Done properly: we would rather launch carefully and correctly than quickly.

For brokers

If you are an authorised financial services provider and would like to hear more about INSURIS ahead of launch, email info@insuris.co.za. Any conversation before launch is for information only and places no obligation on either side.

Join us

We're building a small, thoughtful team. If you'd like to be considered for future roles, email info@insuris.co.za with a short note about yourself.

Thank you for your time and interest in INSURIS. We cannot wait to show you what 18 years of short-term insurance industry experience and complementary founding directors have for you!

Kind regards,
Michael Daffy
Founding Director, INSURIS (Pty) Ltd