SHORT TERM PORTFOLIO

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SHORT TERM PORTFOLIO

• LEONé ENSLIN
• FIA Advisory Council Meeting
• SUN CITY 12 13 March 2008

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COMPOSITION AND FUNCTIONALITY OF THE SHORTTERM
COMMITTEES
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Short Term Executive Committee

• Representation
• 7 x Individual members from divisions
• 8 x Corporate members as nominated
• 1 x President
• 1 x Vice-President
• 2 x Secretariat Leoné Ben
• Total 19
• Meet 4 times a year at FIA National Office
• Chairperson Martin Van Rensburg

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Short Term Commercial Corporate Committee

• Representation
• 5 x Individual members from divisions
• 6 x Corporate members as nominated
• 2 x Secretariat Leoné Ben
• Total 13
• Meet 4-5 times a year at SBIB office- Jhb
• Chairperson George Marsh

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Short Term Personal Lines Committee

• Representation
• 5 x Individual members from divisions
• 4 x Corporate members as nominated
• 2 x Secretariat Leoné Ben
• Total 11
• Meet 4-5 times a year at FIA National Office
• Chairperson Nan Maclennan

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Ad Hoc Committees

• Regulation
• Needs Analysis
• Forum for smaller brokers

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PRIORITIES FOR THE SHORT-TERM EXCO FOR 2008

• 1. Regulatory Regime for Short-Term
• Insurance intermediation
• 2. Sustainability of Short Term Insurance
• Intermediaries
• 3. Resolutions adopted at ANC Polokwane
• Conference which may affect the Insurance
• Industry must be studied

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PRIORITIES - continue

• 4. FAIS Fit and Proper beyond 2009
• 5. Providing guidance to members
• regarding professional contracting with
• their clients
• 6. Involvement on all SAIA Committees
• 7. Involvement with FSB, National Treasury, IISA,
  IING,
• SAUMA, Ombud, Inseta, SASRIA, Product
  Houses,
• Intermediary Ass, Institute of Loss
  adjusters, Banking
• Council

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• QUESTIONS

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• THANK YOU