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...
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Polyco injects R1.89m into polystyrene recycler
Producer responsibility organisation Polyco has invested R1.89-million in waste service provider New Earth Recycling, strengthening one of South Africa’s only dedicated recyclers of post-consumer...
How BP’s new boss became the most powerful woman in fossil fuels
Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from...
DBSA says $200m Lobito loan in line with regional integration strategy
South Africa’s State-owned Development Bank of Southern Africa (DBSA) says its $200-million funding contribution to a larger $753-million loan agreement with the Lobito Atlantic Railway (LAR)...