Envirosure Underwriting Managers underwrites on behalf of Compass Insurance Company Limited, FSP number 12148.
Compass is wholly owned by Hannover Reinsurance Africa Limited, which is a 100% owned subsidiary of Hannover Ruck SE (Germany).
In 2016 Global Credit Rating Co “GCR” assigned a national scale claims-paying ability rating of AA-(ZA) to Compass Insurance Company Limited, with the outlook accorded as Stable.
LIREAS HOLDINGS (PTY) LTD.
Lireas Holdings (Pty) Ltd is the well established South African strategic investment company of Hannover Re Group Africa and Mahogany Private Equity.
With over twenty five years experience in the insurance investment industry, Lireas offers South African insurance underwriting agencies the following business advantages:
- Access to working capital - Specialist underwriting expertise - Reinsurance capacity - Introduction to the best insurance carrier suited for their unique business needs - Ongoing guidance, coaching and management feedback through active shareholding participation. - Access to a board of specialists on HR, IR, legal and compliance, strategy and marketing matters. - A guarantee of non-participation in competing markets.