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
VSL Manufacturing opens new, R750m facility to supply Isuzu assembly plant
VSL Manufacturing (VSL) has started operations at its new, R750-million manufacturing facility adjacent to the Isuzu Motors South Africa (IMSAf) assembly plant in Struandale, Gqeberha. VSL is a...
Hyprop raises R400m in accelerated bookbuild
Retail-focused real estate investment trust (Reit) Hyprop has raised R400-million in an oversubscribed accelerated bookbuild. Hyprop on December 3 set out to raise R300-million to fund various...
BYD Sealion 5 launch reaffirms commitment to South Africa, accessibility
World-leading Chinese new-energy vehicle (NEV) and technology company BYD on Thursday, December 4, officially launched the plug-in hybrid BYD Sealion 5 sports-utility vehicle in South Africa –...
