The Road Accident Fund is a social security Fund that provides compensation to all drivers of motor vehicles in South Africa in respect of liability incurred or damage caused as a result of a traffic collision. Liability incurred in relation to property damage (such as damage to vehicles, buildings, vehicle contents) is excluded from cover. The Road Accident Fund operates a system whereby the claimant is assigned a percentage of responsibility for the accident, and the Road Accident Fund pays the claimant a percentage of a full settlement based on a percentage that was not deemed to be their responsibility. Insurance premiums are collected by the Road Accident Fund through a levy on motor vehicle fuel. Contact Us On: 087 082 1 111
View Top Employees from Road Accident FundWebsite | http://www.raf.co.za |
Revenue | $316 million |
Employees | 2,856 (1,607 on RocketReach) |
Address | 420 Witch Hazel Ave, Centurion, Pretoria, Gauteng 0081, ZA |
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Industry | Government Administration, Law Firms & Legal Services |
Web Rank | 621278 |
Web Visits | 62740 |
Keywords | Personal Injury |
Competitors | ACC New Zealand, Motor Insurers' Bureau (MIB), National Hospital Insurance Fund - Kenya, New York State Insurance Fund, SAIF Corporation |
SIC | SIC Code 641 Companies, SIC Code 6411 Companies, SIC Code 64 Companies |
NAICS | NAICS Code 541 Companies, NAICS Code 54 Companies, NAICS Code 54111 Companies, NAICS Code 5411 Companies |
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The Road Accident Fund annual revenue was $316 million in 2024.
Lerato Gumbi is the Chief Human Capital Officer of Road Accident Fund.
1,607 people are employed at Road Accident Fund.
Road Accident Fund is based in Pretoria, Gauteng.
The NAICS codes for Road Accident Fund are [541, 54, 54111, 5411].
The SIC codes for Road Accident Fund are [641, 6411, 64].