Sasria is a public enterprise listed under schedule 3B of the Public Finance Management Act No 1 of 1999. We are a non-life insurance company that provides coverage for damage caused by special risks such as politically motivated malicious acts, riots, strikes, terrorism and public disorders.
Our journey began over 40 years ago, after becoming inspired by courageous young people who shaped the course of history for South Africans through a series of demonstrations and protests known as the 1976 Soweto Uprising. View our milestones.
Sasria overview read more.
Dual mandate
As a state-owned entity, we report to the Minister of Finance via the National Treasury. We serve two fundamental strategic directives; the first being a legislative one that calls for a focus on research and investigation of any risks that can be considered to be of national interest.
The second mandate involves driving a positive contribution to transform the financial services industry in line with the National Development Plan. This creates a sustainable economic and social environment for South Africans.
What we stand for
We are an organisation that is proud of the rich culture, heritage and diversity we have in our country. We believe that our country has enormous potential to thrive despite its challenges. In saying that, we prioritise distributing value first and foremost to our clients, then to South Africans through our socio-economic development activities and our employees by providing job security, professional growth, and career opportunities.
Our insurance protection solutions are affordable to ensure that our country continues to be an attractive investment destination that delivers economic continuity and social stability for all South African businesses and individuals, at large.
Preparing for the future
We understand the significant value of investing in future-proof plans using innovative digital techniques to improve our offering, our services and our contribution to the South African communities. We continue to evolve in line with the economy and the needs of our end-customers and design strategies that make a transformational impact on South African communities.
