Consort Technical Underwriting Managers News
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...
Understanding deposit premiums and declarations
By: Kobus van Niekerk Most short-term insurance policies are annual policies with a predetermined premium, which can be paid monthly. Historically, many Financial Service Providers (FSPs) have...
Let’s take the ‘ge-volt’ out of power surges – part two
By: Kenneth Lourens (Consort) Insurance considerations and risk mitigation of power surges
Latest News by Engineering News
Aspen to receive R500m payment to settle manufacturing dispute
JSE-listed pharmaceutical company Aspen will receive €25-million, or about R500-million, on December 1, in full and final settlement of a contractual dispute. The dispute, the details of which are...
South African rand remains subdued amid dollar strength
The South African rand weakened this week, along with other emerging market currencies, as the dollar firmed on uncertainty over further US rate cuts following the Federal Reserve's more...
Implats delivers higher sales into much improved platinum group metals pricing
Platinum group metals (PGM) mining and marketing company Implats delivered higher refined and saleable production and sales volumes into improved PGM pricing in the three months to September 30....