SAUMA was established in 1999 in recognition of and to support the underwriting manager operating as an independent professional underwriting business. We serve our over 80 members and help to ensure that they conform to a set of high professional standards.
SAUMA is the only association that represents underwriting managers businesses, promotes their interests, and assists them in their compliance of the industry’s ethical standards. This makes us the voice of UMA.
SAUMA is recognised by the Financial Services Conduct Authority and we have achieved a great deal of success by initiating direct and ongoing communication with the insurance bodies who represent insurers, financial service providers and the Ombudsman. Our aim is to continue successfully representing the professional underwriter as well as the businesses of underwriting managers.
We will achieve this through:
The following guiding principles will direct and inform our involvement: