Short -term Insurance Committee (STIC)
Overview
The committee’s scope is Short-term Insurance actuarial work performed by actuaries in general, and by statutory actuaries in particular in terms of the Short-term Insurance Act.
Objectives
The objective of the committee is to develop the interests of the profession with regard to Short-term Insurance, as follows:
-
To actively support the development and thought leadership of actuarial practice in the areas where actuaries apply actuarial techniques and theory in the Short-term Insurance industry through the development of Actuarial Practice Notes, the provision of CPD events, and the facilitation of research activities.
- To contribute to the strategic direction of the Actuarial Society from the perspective of Short-term Insurance and, in so doing, to support the Actuarial Society brand promise of “thought leadership”.
- To provide input to the Financial Services Board in order to influence legislation affecting Short-term Insurers.
- To provide support for the Actuarial Society’s education initiatives in relation to Short-term Insurance.
Committee members
The committee includes:
-
The Chairs of the various subcommittees, an actuary from the FSB and a representative from Council.
- Representatives from SAICA, SAIA and a non-executive member.
The committee members are as follows:
| Committee member |
Position
|
| Alex Thomson |
Deputy |
| Andre Jansen van Vuuren |
Chair |
| Annemarie Sinclair |
|
| Bev Dias |
|
| Colin van der Meulen |
|
| Matthew Weaver |
|
| Erik Harkema |
Secretary |
| Eugene van der Westhuizen |
|
| Ray Welham |
Council |
| Hantie van Heerden |
|
| Jaco van der Merwe |
|
| Lance Moroney |
|
| Manoli Damoulakis |
|
| Natalie van de Coolwijk |
|
| Neville Strohmenger |
|
| Ninette Meyer |
|
| Paul Radomsky |
|
| Philippa Wild |
|
| Salmien Symeonedis |
|
| Sias Esterhuizen |
|
| Stuart Green |
|
| Sumarie Greybe |
|
| Vuyo Rankoe |
|
| Wilhelm von la Chavallerie |
|
Reporting
The committee maintains minutes of its meetings and presents quarterly reports to Council. For information on these, contact Niel Fourie: nfourie@actuarialsociety.org.za
Contact information
You can contact the STIC committee at bdias@scor.com
Useful links
Please refer to the Practice Area Activities for details on committee activities and events.
Information on practicing certificates is available under Professional matters.
Professional guidance:
Series 400 - General Insurance Advisory Practice Note
Visit the past presentations webpage for Short-term Insurance papers and presentations from past professional events of the Actuarial Society.
Websites:
www.acts.co.za
www.fsb.co.za
www.casact.org
www.saia.co.za
www.iaisweb.org
www.actuaries.org
www.prmia.org
www.croforum.org
www.ifrs.org
Relevant documents
Please refer to the document archive for relevant documents.