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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NTCSA says any electricity deal to salvage Mozal must ensure its financial sustainability
The National Transmission Company South Africa (NTCSA) reports that it remains open to finding a solution for the Mozal aluminium smelter. But it also insists that any new electricity supply...
Grow Business Coaching launches R1.2m initiative to accelerate black-owned business growth
Business coaching company Grow Business Coaching has launched a R1.2-million initiative aimed at accelerating the growth of black-owned businesses by providing 12 qualifying entrepreneurs with free...
Foreign direct investment providing quantum progress, new MC Mining CEO emphasises
The mineral reserves of South Africa hold enormous potential for the country’s future economic growth, newly appointed MC Mining MD and CEO Christine (Yi) He emphasises in an Op-Ed released on...