Clarendon Transport Underwriting Managers

Line of Business
Motor Insurance – Taxi and Bus Industry

Year of Investment by Lireas: 1991

Chief Executive Officer
Ricardo Rosa  / ricardor@ctu.co.za

www.ctu.co.za / info@ctu.co.za
+27 11 274 1300 / 127 Greenway, Greenside, Johannesburg

Clarendon Transport Underwriting Managers (CTU) was established in February 1991, to cater for the needs of the taxi and bus industry.

In 1991, providing comprehensive motor insurance for taxis in South Africa seemed like an impossible vision but 20 years later, CTU is the leading provider of motor insurance for Taxis and midi-bus taxis in the emerging markets in Southern Africa. This company is focused on meeting the needs of the Industry, as well as being flexible enough to adapt its services in response to changing demands.

CTU underwrites their products on behalf of Hollard Insurance Company.

INTERESTING FACTS

In October 2004, CTU was the winner of the Business Day Non- Listed Company Editors Award, which recognises superior achievement in South Africa’s best non-listed companies.

CTU is actively involved in a number of CSI initiatives in the communities that they operate in across the country and have been involved with the following projects and activities in the last few years: Mthimkhulu Stimulation Centre in Soweto, Jan Hofmeyer Community Centre, the RETACO schools outreach programme and the Santa Shoe box project.