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
AIIM acquires 70% stake in Port Elizabeth Cold Storage
Infrastructure investment managers African Infrastructure Investment Managers (AIIM) has acquired a 70% stake in Port Elizabeth Cold Storage (PECS) in the Coega Port Zone, in the Eastern Cape. The...
Nersa registers 181 generation facilities in the second quarter
The National Energy Regulator of South Africa (Nersa) registered 181 generation facilities during the second quarter (July to September) of the 2025/26 financial year. These facilities boast a...
St Helena Tourism, Airlink announce 18-month flight schedule
Tourism organisation St Helena Tourism has, in partnership with its airline partner Airlink, released an 18-month forward flight schedule to the island, providing visitors and residents with...