Safire Insurance Company Limited
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1 George Macfarlane Lne | Pietermaritzburg, 3231
+27 332648500 Send email Call
http://www.safireinsurance.com
Last time updated: 2/14/23, 5:01 PM
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About

We are situated in Redlands Est. Safire was founded in 1987, when a group of farmers and timber growers decided to act to curb the spiralling costs of insuring their timber. They created a unique insurance cooperative to respond to the specific requirements of their niche market at a cost that was accessible to all. Initially called the Central Timber Fire Protection Cooperative Limited , we 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 the catastrophic portion of the risk.

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