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
Imesa calls for engineers to be included in compiling updated White Paper on Local Government
Nonprofit organisation the Institute of Municipal Engineering of Southern Africa (Imesa) has warned that if engineers are not involved in writing the updated White Paper on Local Government, the...
IATA cuts 2025 SAF forecast, warns EU, UK mandates stalling progress
The International Air Transport Association (IATA) has lowered its forecast for global sustainable aviation fuel (SAF) production for this year, stating that government mandates in the EU and the...
New Eskom unbundling strategy delinks grid assets from future transmission system operator
A new Eskom unbundling strategy, which uncouples the grid assets from the system operator role to be performed by a separate and yet-to-be-established transmission system operator (TSO), has been...