Consort Technical Underwriting Managers News
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...
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...
Latest News by Engineering News
South Africa raises R11.8bn in first Infrastructure and Development Finance Bond
The National Treasury has successfully raised nearly R11.8-billion through South Africa’s inaugural Infrastructure and Development Finance Bond, marking a major step in financing priority public...
The South African Photovoltaic Industry Association (SAPVIA) says demand for solar PV in 2025 continued to recover from the 2024 slowdown, which followed on from the loadshedding-induced surge of...
DSV acquires nine electric trucks from Volvo Trucks SA
Volvo Trucks South Africa (SA) has delivered the first of nine new electric trucks to logistics group DSV. Three new Volvo FM 4x2 8-t electric trucks will be joining DSV’s fleet in support of its...