Consort Technical Underwriting Managers News
Claims Preparation Costs (CPC): An Overlooked but Valuable Cover
By : James Bishop When a loss occurs, most businesses focus on the obvious: repairing damage, replacing assets and getting back to full operation. What often gets overlooked is the cost of proving...
By: Kobus van Niekerk The Insurance Industry stands on the brink of substantial growth in the Electronic Equipment Insurance market.
We are nearing the end of another year in the insurance industry - a time to reflect on both achievements and the inevitable setbacks. While some outcomes may not have gone as planned, every...
Rethinking Engineering Insurance in the Age of AI
By: Alexandra Mattisson Industries are racing into a future shaped by AI, robotics, and automation, but engineering insurance is still playing catch-up. The machines we insure today aren’t the ones...
Reinstatement and deductibles: what you need to know
Reinstatement of the sum insured Other than Public Liability policies, there are policies that refer to a sum insured versus a limit of indemnity. When it comes to a sum insured under a policy, the...
Latest News by Engineering News
Better regulatory, operating mining milieu urgently needed, Indaba hears
South Africa’s mining sector is showing the benefits of higher prices for certain commodities and record chrome and manganese exports. However, the Minerals Council South Africa’s Facts and Figures...
Strong multi-year commodity period on way, Minerals Council president says at Indaba
A strong sustained positive commodity cycle is on the way, and South Africa should go all out to take full advantage of it for the benefit of South Africa's people. To make the best of what is seen...
Rail volumes rising but private impetus needed to reach 250Mt target
Transnet CEO Advocate Michelle Phillips insists there will be no turning back from current yearly railed volume levels of above 160-million tons. But she has also reiterated that private sector...
