
UMAs: The agile experts powering the future of insurance
Underwriting management agencies (UMAs) have existed in the South African insurance market for over 40 years.
Lireas Holdings, a subsidiary of Hannover Reinsurance Group Africa, is a corporate venture capital investment company that has partnered with entrepreneurs and invested in more than 40 specialist UMAs since the late 1980s.

A track record of success
Lireas is a leading corporate venture capital (CVC) investment company with a specific focus on insurance and insurance technology investments. With over 35 years of experience, Lireas is a pioneer in the South African underwriting agency (UMA) model and a leading investor in insurance and insurtech businesses.

Celebrating 37 years of partnerships
As Lireas marks its 37th anniversary, we reflect on the journey that has transformed us from a pioneering adventure in the Underwriting Management Agency (UMA) industry into one of South Africa’s most trusted and innovative insurance investment specialists.