Sasria SOC Ltd is South Africa's state-owned specialist insurer, the only company in the country licensed to provide cover for special risks such as riot, strike, civil commotion, malicious damage, and public disorder - risks that standard commercial insurance policies typically exclude. Established under the Sasria Act and wholly owned by the South African government through National Treasury, Sasria underwrites this cover for individuals, businesses, and government entities across the country.
Beyond its insurance mandate, Sasria runs a corporate social investment programme that includes an annual bursary scheme for students from financially disadvantaged backgrounds who want to study toward degrees in fields linked to the insurance and financial services sector, such as risk management, finance, accounting, and information technology. The bursary forms part of Sasria's broader transformation and skills-development objectives as a state-owned entity.
Sasria typically opens its bursary applications early in the calendar year, with the intake tied to South Africa's academic year cycle. The exact opening and closing dates change from year to year, so students should check Sasria's website directly for the current cycle.
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