Cutting-edge insurance products

Exceptional service

Cost-effective insurance solutions

About African Rand Underwriting Managers

Since 2004, we’ve been providing excellent, cost-effective insurance solutions for our clients, coupled with exceptional service.

Building on this success, we’ve made some new additions to our products, providing our brokers and clients with a comprehensive range of customisable personal and commercial insurance solutions.



In keeping with our philosophy of value-added service, African Rand manage the entire administration process (Issuing Policies, Maintaining Policies, Claims, Premium Collections) end-to-end. 

Key Individuals

Dion van Schoor – Director.  B com. MBA

Dion graduated from the University of Port Elizabeth in 1984 with a BCom degree majoring in Business Economics and Computer Science. He commenced his career as a computer programmer and succeeded in his career path to the position of IT Director at Anglo American Properties. During this time, he spent eight years with Fedsure, project managing the development of life assurance systems. Dion then ran an IT company in a joint venture with Anglo, which terminated after two years when he sold his shares. He then ran the company as a divisional head before venturing out on his own again. During this period, he completed his MBA degree. For Three years, Dion worked as a management and IT consultant with a special strength in project management and strategy implementation. Dion is a founding member of African Rand Underwriting Managers and has been extensively involved in all aspects of the business from inception in 2004.

Contact Information:



Providing Coverage for Over 15 years

African Rand Underwriting Managers (Pty) Ltd, an Underwriting Management Company focusing on short-term insurance was established on 1 May 2004.

The company’s focus is to minimize many existing service related problems and negative perceptions in the market by establishing a solid client base through providing a unique and highly efficient approach to service delivery and products.

African Rand Underwriting Managers (PTY) LTD. differentiates itself from other underwriting management companies by focusing on the manageable factors that have a direct impact on superior service delivery. 

These factors are:

  • Competitive pricing
  • Experienced resources
  • Product delivery
  • Claims settlement according to SLAs
  • Administration efficiency
  • Profitability
  • Constant evaluation of brokers
  • Constant evaluation of portfolio
  • Efficient reaction times
  • Reduction of the administrative burden to the Brokers
  • Provide a culture of stability
  • Provide unique practical marketing tools for brokers

In order to achieve this, the company has partnered Oakhurst Insurance Company, an A-rated insurance company which is both dynamic and flexible whilst having sound value systems.


African Rand Underwriting Managers in close association with their brokers, offer tailor made and flexible insurance solutions to cater for most short term insurance needs.

ARUM offers the management and dynamic skills required by brokers to ensure efficiency and service excellence, as well as stability and profitability to their brokers’ portfolios.

Through their approach of teamwork, participation and constant needs analysis with the brokers they have developed unique and long-standing relationships in the market


It was critical for us to find an underwriter and strategic partner who embraces exceptional service and dynamic thinking. We believe we found them. Oakhurst Insurance is a broker-focused insurer with an A- National Scale Claims Paying Ability rating (2018) and a solid reputation in providing cutting-edge Insurance Solutions.

Insurance Products


African Rand’s Agri policy has been developed by farmers, underwriters and brokers to produce a single, unique policy that fully caters for the needs of today’s commercial farmers. The farming community are already benefitting greatly from our knowledge of the industry and our understanding of the associated risks.

Cover includes:

  • Various farming related risks to vehicles
  • Special provisions with reference to livestock
  • Pumps and electric motors
  • Irrigation pipes and pumping equipment
  • Hammermills
  • Property in the open
  • Spray irrigation systems on wheels and centre pivots
  • Paddock and boundary fences
  • Damage to water tanks and water apparatus
  • Produce and livestock in transit
  • Droving and escaping of animals/stray animals
  • Spreading of fire



This flexible commercial insurance product is focussed on providing SMME’s with benefits that can be tailored to suit their specific needs. Our expertise lies in the exceptional service we provide small to medium-sized businesses.

Cover includes:

  • Fire, storm and explosion cover for buildings, machinery and stock
  • Business interruption cover following fire damage
  • Theft cover for machinery or stock
  • Money cover for cash-on-hand
  • Liability cover for costs incurred as a result of an accident
  • Personal accident cover for staff
  • Motor cover for company vehicles
  • Fidelity cover for acts of dishonesty
  • All sections of personal insurance in addition



Our clients are insured on a very specialised basis. We tailor our wordings and offerings to stay relevant to the South African engineering and SMME market. Additional products are added to engineering insurance to ensure adequate cover at all times.

Services include:

  • Quotations
  • Policy underwriting
  • Evaluations
  • Placement
  • Risk analysis
  • Claims administration



The hospitality industry is a dynamic one that faces a multitude of risks and requires specialised insurance. From B&Bs to hotels and game farms, the benefits ensure
that clients are correctly covered against a wide range of eventualities across this diverse industry.

Cover includes:

  • Theft without forced entry
  • Bilking cover
  • Property belonging to guests
  • Accident (Group and Personal)
  • Business interruption
  • Fire
  • Motor
  • Liabilities
  • Property and contents
  • Watercraft



This insurance product has been designed for those clients who want to build their cover and insure all their assets under one policy, at affordable rates.

Cover includes:

  • Buildings
  • Contents
  • All risks
  • Personal liability
  • Personal accident
  • Small watercraft
  • Vehicles (including motorcycles, caravans and trailers)



Get your quote from our skilled team today and experience our exceptional service.

Telephone: 011 678-1354

Quotes: Underwriting@africanrand.co.za

Physical Address:

49 Sophia Street, Fairland, Johannesburg

Postal Address:

PO Box 731386, Fairland, 2030

African Rand Underwriting Managers (Pty) Ltd (Registration number 2004/007797/07) an authorised financial services provider (FSP5742).

Products underwritten by Oakhurst Insurance Company Limited (Registration number 2006/000723/06) an authorised financial services provider (FSP39925).