• absa biz
  • absa select
  • absa insurance
  • transfer of policies
  • absa bank
  • absa agri assets
  • combined
  • absa insurance company santam
  • absa
  • absa insurance company
ABSA idirect (“Absa idirect”)
Notice of transfer of insurance policies underwritten by Absa idirect, to Absa Insurance Company Limited (“AIC”) in terms of section 37(1)(a)(ii) of the short-term insurance act, 53 of 1998.

Please note that this notice is applicable to Absa idirect policyholders.

Upon the FSB approval, Absa idirect will be substituted by AIC, AIC will be your insurer with no change to your terms and conditions.

To view copies of the documents listed in the Financial Services Board in-principle approval, click on the document name below:

  1. Notification (FSB application)
  2. Transfer agreement
    • Annexure B – Signed Business Merger Agreement 
    • Annexure B1 – Amendment and Restatement to the Business Merger Agreement 
  3. Resolution
  4. Statutory returns:
  5. Communication notices:

For more information, please call Jacques Pretorius on 011 501 8112 or email at jacques.pretorius@absa.co.za