WELCOME TO TRANSIT UNDERWRITING MANAGERS
 
This is a new venture for us and we look forward to online interaction with all our respective clients.  
If you wish to request certain features not curretly found on our site, please don't hesitate to contact us -
we would like to use this site as a means of making your and our lives simpler and easier.

Transit Underwriting Managers has been formulated as an alternative market carrier for the growing
Goods in Transit insurance market. Transit Underwriting Managers (TUM) is a subsidiary company of
Lireas Holdings (Pty) Ltd, which is 51% owned by Hannover Reinsurance Africa and 49% owned by
Mahogany Capital, which is a Black Empowered Capital company.

TUM underwrites its risk through Compass Insurance Company, which is 100% owned by Hannover-re.
Hannover-re is one of the largest Reinsurance companies in the world. Compass is the only 100% reinsurance
owned insurance company in South Africa, thus more than ensuring the necessary capital efficiency.

TUM will have full underwriting authority. We aim to provide exceptional turnaround on quotes, issuing of policy
schedules and claims administration. We will administrate the full claims process and have settlement authority.
In the event of larger claims, we will administrate the process in conjunction with Compass, all the while
ensuring that the process is dealt with in a professional and efficient manner.

Our vision is to be the preferred Service Provider for Goods in Transit insurance.