Renasa Insurance
Renasa Insurance is a South African short-term insurer (founded 1998, A+ GCR rated) underwriting personal, commercial, and specialist lines exclusively through independent brokers and UMAs, with a national branch network and an integrated ROC claims platform.
- Company typePrivate
- Founded1998
- HeadquartersJohannesburg, South Africa
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Renasa Insurance does
Renasa Insurance Company Limited is a South African short-term insurer founded in 1998 that underwrites personal, commercial, and specialist lines exclusively through independent brokers and Underwriting Management Agencies (UMAs). The company's product portfolio spans Commercial Lines (Building, Business, Vehicle, Liability, Accident, Goods in Transit, and Machinery Breakdown cover), Personal Lines (Buildings, Contents, Vehicles, and Personal Accident), and Specialist Lines (Liability, Accident, Health, Guarantee, and Engineering). Renasa holds an A+ financial strength rating from Global Credit Rating (GCR) and is a member of the Telesure Investment Holdings (TIH) Group, which provides access to group capital, reinsurance arrangements, and shared services.
The company operates a national footprint across seven South African branches — Johannesburg (head office), Bloemfontein, Pretoria, Kimberley, Port Elizabeth, Durban, and Cape Town — with 51-100 employees. Its flagship technology asset is the ROC (Renasa Online Claims) platform, which integrates directly into broker management systems to streamline claims lodgement and processing, embedding Renasa's workflow into brokers' daily operations. Revenue is generated through insurance premiums across the three product lines, with specialist class capacity distributed through partnerships with multiple UMAs. Leadership comprises Herman Scheepers (CEO) and Don Eriksson (Chairman). The business model is intermediated rather than direct: Renasa does not sell to end customers itself but rather relies on its broker and UMA channel as its sole go-to-market route.
Renasa Insurance firmographics
Firmographics- Name
- Renasa Insurance
- Legal name
- Renasa Insurance Company Limited
- Website
- http://www.renasa.co.za
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Renasa Insurance is a South African short-term insurer (founded 1998, A+ GCR rated) underwriting personal, commercial, and specialist lines exclusively through independent brokers and UMAs, with a national branch network and an integrated ROC claims platform.
- Ownership category
- akta.pro rank
Where Renasa Insurance is headquartered
LocationHeadquarters
- HQ city
- Johannesburg
- HQ country
- South Africa
- HQ region
- Africa
Offices7 records
Markets served
Renasa Insurance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premiums: Renasa generates revenue through insurance premiums collected from policyholders across commercial, personal, and specialist insurance lines. The company operates as a licensed non-life insurer with various policy types including motor, property, liability, and specialty coverages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Custom insurance solutions with quote-based pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Renasa Insurance product offering
Product offeringCore offering
Renasa Insurance Company Limited is a South African licensed non-life (short-term) insurer that underwrites and issues commercial, personal, and specialist insurance policies distributed exclusively through independent insurance brokers and underwriting management agencies (UMAs). The company covers risks including motor, property, liability, engineering, construction, household contents, personal accident, motorcycle, electronics, medical gap cover, pet insurance, taxi, and heavy commercial vehicle cover, and operates its own claims and policy administration backed by the Renasa Online Claims (ROC) platform integrated with brokers' administration systems.
Product overview
Renasa Insurance is a South African short-term insurer that distributes exclusively through brokers and underwriting management agencies (UMAs). The company offers a fully comprehensive range of insurance products organized into three main categories: Commercial Lines (complete range of business insurance), Personal Lines (complete range of individual/household insurance), and Specialist Lines (motorcycle, electronics all risks & warranties, engineering & contractors all risks, professional indemnity excess waiver, motor value/credit shortfall cover, medical gap cover, heavy commercial fleet cover, pet insurance, taxi/e-hailing insurance, heavy commercial vehicle products, and construction/guarantee cover). The flagship technology platform is Renasa Online Claims (ROC), which provides brokers with real-time claim visibility. Additional services include roadside, home, and fire assistance. The company operates as part of Telesure Investment Holdings (TIH) Group.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Lines Insurance
Companies that use Renasa Insurance
Customer profileSegments4 records
Ideal customer profiles2 records
Renasa Insurance technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Renasa Insurance partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Telesure Investment Holdings (TIH) GroupcoreRenasa is now part of TIH Group, South Africa's powerful insurance group. This integration enhances services and support for brokers, combining resources and capabilities of the broader insurance group.
- AdminplusminorSpecialists in motorcycle insurance, electronics all risks and warranties. Contact: adminplus.co.za
- CCICminorSpecialist insurance partner. Contact: ccic.co.za
- FDM EngineeringminorSpecialists in engineering, plant and contractors all risks insurance. Contact: fdmengineering.co.za
- IBG UMAminorSpecialists in excess waiver for professional indemnity cover. Contact: ibg-uma.co.za
- LinksaveminorSpecialists in medical gap cover insurance. Contact: linksave.co.za
- OwnsuranceminorSpecialists in self-funded heavy commercial fleets cover. Contact: ownsurance.com
- Puma InsuranceminorSpecialists in medical insurance for pets. Contact: pumainsurance.co.za
- RTUSAminorSpecialist in taxi and e-hailing insurance, passenger liability and personal accident cover. Contact: rtusa.co.za
- VAPS InsuranceminorSpecialists in heavy commercial vehicles and value-added products. Contact: vapsinsurance.co.za
- Unison GuaranteeminorSpecialists in construction, solvency, educational and NHBRC late enrolment guarantee. Contact: unisonguarantee.co.za
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Renasa Insurance competitors and assessment
Company assessmentDirect peers
- Santam: South Africa's largest short-term (non-life) insurer, offering commercial, personal, and specialist lines distributed through brokers and direct channels. Most directly comparable peer to Renasa on product mix, broker distribution, and target market, but materially larger in scale and capital base.
- Hollard Insurance Group: Large South African short-term and life insurer with a strong broker-distribution model and broad product range across personal, commercial, and specialist lines. Highly comparable to Renasa in channel strategy and product breadth, though Hollard's portfolio is substantially larger and includes life insurance.
- Old Mutual Insure: Short-term insurance arm of Old Mutual, offering personal and commercial lines distributed via brokers and direct channels. Comparable to Renasa on broker-led distribution, P&C product scope, and South African market focus, but with significantly greater brand and capital resources.
- Momentum Insure: South African short-term insurer (part of Momentum Metropolitan) offering personal, commercial, and specialist lines through brokers and digital channels. Comparable to Renasa on broker-channel emphasis and multi-line P&C book.
- Bryte Insurance: South African short-term insurer focused on commercial and personal lines distributed via brokers. Closely comparable to Renasa in broker-centric model and product mix, though Bryte's portfolio is weighted more toward commercial/corporate risks.
- Auto & General Insurance: South African motor and personal lines insurer with a strong broker-distribution footprint. Comparable to Renasa on short-term personal lines emphasis and intermediary-led GTM, with particular overlap in motor and household products.
- King Price Insurance: South African short-term insurer competing in personal and commercial lines with hybrid broker and direct distribution. Comparable to Renasa on product categories, with overlap in commercial and specialist lines, but with a stronger direct-to-consumer tilt.
- MiWay Insurance: Direct and broker-distributed South African short-term insurer within the Sanlam group, focused on personal and commercial lines. Comparable to Renasa on multi-line P&C offering and South African market focus, though more digital/direct in acquisition motion.
- Bidvest Insurance: South African short-term insurer (part of Bidvest Group) offering personal, commercial, and specialist lines distributed through brokers. Comparable to Renasa on broker-channel focus and multi-line product scope, with similar mid-tier scale.
Broad incumbents
- Discovery Insure: Integrated insurance and wellness player within Discovery Group offering short-term personal and commercial lines. Comparable to Renasa on South African P&C market participation, though differentiated by a behavioural-incentive model and broader group ecosystem.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Renasa Insurance social profiles
Digital presenceRenasa Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Renasa Insurance leadership team
Management profileNumber of profiles
Profiles7 records
Renasa Insurance subsidiaries and ownership
Company hierarchySubsidiaries1 record
Renasa Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Renasa Insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Renasa Insurance
What does Renasa Insurance do?
Renasa Insurance Company Limited is a South African licensed non-life (short-term) insurer that underwrites and issues commercial, personal, and specialist insurance policies distributed exclusively through independent insurance brokers and underwriting management agencies (UMAs). The company covers risks including motor, property, liability, engineering, construction, household contents, personal accident, motorcycle, electronics, medical gap cover, pet insurance, taxi, and heavy commercial vehicle cover, and operates its own claims and policy administration backed by the Renasa Online Claims (ROC) platform integrated with brokers' administration systems.
Is Renasa Insurance a public or private company?
Renasa Insurance is a private company. It is classified as corporate owned and is currently operating.
When was Renasa Insurance founded?
Renasa Insurance was founded in 1998. It employs 51 to 100 people.
Where is Renasa Insurance based?
Renasa Insurance is headquartered in Johannesburg, South Africa, in the Africa region.
How does Renasa Insurance make money?
One revenue line is on record: insurance Premiums.
Who are Renasa Insurance's main competitors?
Direct peers on record are Santam, Hollard Insurance Group, Old Mutual Insure, Momentum Insure, Bryte Insurance, Auto & General Insurance, King Price Insurance, MiWay Insurance and Bidvest Insurance. Discovery Insure is listed as a broad incumbent.
Does Renasa Insurance have an API?
No public API is recorded for Renasa Insurance.