Transit Underwriting Managers is a specialized underwriter, focused exclusively on the goods in transit insurance market.In January 2017, value added benefits such as the utilization of the On Road Solutions Call Center for claims notification and claims management during the claims incident, keeping all parties involved, including both the broker and the insured up to date with the process. In March 2018, Bonita Weeks took over from Sjanine Tanner as Managing Director. New policy wordings as well as a new Goods Owner Product were launched in July 2018.
Bonita Weeks came across with 27 years’ experience in the Marine and Goods in Transit Insurance field, having worked for South Africa’s 2 largest Marine / Goods in Transit specialist insurers in her working lifetime.
Our territorial limits are the Republic of South Africa and neighbouring countries, however our countries can be extended for incidents occurring anywhere south of the equator, within Africa.
Transit aims to be the preferred service provider in the goods in transit market by offering innovative insurance solutions. Transit underwrites on behalf of Compass Insurance Company Limited. Compass Insurance Company is a leader in specialist insurance products in South Africa. Compass Insure enjoys a national scale financial strength rating to AA(ZA).
Compass Insurance is wholly owned by Hannover Reinsurance Africa Limited, a subsidiary of Hannover Reinsurance in Germany, one of the largest reinsurers in the world. Compass Insurance Company Limited is a registered financial service provider, FSP 12148.