
Consort Technical Underwriting Managers News
By: Kobus van Niekerk The Insurance Industry stands on the brink of substantial growth in the Electronic Equipment Insurance market.
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...
Let’s take the ‘ge-volt’ out of power surges – part two
By: Kenneth Lourens (Consort) Insurance considerations and risk mitigation of power surges
Taking the ‘ge-volt’ out of power surges – part one
By: Kenneth Lourens Understanding Power Surges
Latest News by Engineering News
DRDGOLD concludes renewable energy supply agreement with NOA
Johannesburg Stock Exchange-listed surface gold mining company DRDGOLD has, through its wholly owned Ergo subsidiary, disposed of its 100% interest in Stellar Energy Solutions to NOA Group Assets...
South African rand edges up as traders eye interest rate decision next week
The South African rand edged up in early trade on Friday, as investors looked ahead to the central bank's interest rate decision next week. At 0732 GMT the rand traded at 16.11 against the dollar,...
Innovative rural Limpopo small business benefits from inventor patent support programme
South Africa’s Companies and Intellectual Property Commission (CIPC), which is the local partner for the World Intellectual Property Organisation’s (WIPO’s) Inventor Assistance Programme (IAP), is...