New National Market Update

The New National Assurance Company is the country’s oldest and largest empowered short-term insurer. We have been in existence for 43 years, and for the last 4 consecutive years we have been awarded an ‘A’(stable) rating from Global Credit Ratings for our claims paying ability.

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Competition is good for policyholders

New National Assurance Company writes specialised engineering and construction risks through its exclusive engineering agency, AC&E Underwriting Managers, headed up by Anne-Marie Fourie, Managing Director. She comments: “We have the backing of Munich Re in this venture – it provides additional capacity and a ‘second pair of eyes’ for the underwriting of the larger infrastructure risks such as roads, dams, energy and renewable energy (hydro power, wind generators and photo-volcaic or solar generating plants) and conventional mining and shaft-sinking.”

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AC&E Diamond Arrow Award Winners 2012

AC&E Diamond Arrow Award Winners 2012

AC & E Engineering Underwriting Managers has been recognized as the most outstanding engineering underwriter in the country at the 2013 PMR.africa survey of UMAs. At the awards ceremony at the Hyatt Regency in Rosebank, AC&E was awarded the Diamond Arrow Award, with a score of 4.30 out of 5. In co-receiving the award with Anne-Marie Fourie, Managing Director of AC&E, Kalim Rajab of New National Assurance Company- AC&E’s...

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New National and AC&E Engineering – A winning partnership

New National and AC&E Engineering – A winning partnership

The New National Assurance Company is South Africa’s oldest blackowned short term insurer, having being formed at the height of apartheid restrictions in 1971 by a group of forward thinking non-white businessmen. Over four decades later, it is now an established insurance company with a diverse and national footprint covering all major classes of short term insurance risk including domestic, commercial, corporate, engineering,...

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