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 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... 

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... 

By: Kobus van Niekerk Pillars of insurance 

By: Kenneth Lourens (Consort) Insurance considerations and risk mitigation of power surges 

By: Kenneth Lourens Understanding Power Surges 

By: Alexandra Mattisson Reliance on backup power systems and electric vehicles (EVs) in South Africa has surged due to persistent load-shedding, frequent power outages, and rising fuel prices.... 

By: George Jennings In our February article, we touched on changing weather conditions. This topic is not exclusive to South Africa but is at the forefront of the global arena. Climatic conditions... 

By: George Jennings When flying an airplane, the pilot has no control over the tailwinds and the headwinds. The pilot’s control is to steer the aircraft safely through the prevailing conditions.... 

By: Kobus van Niekerk Insurance, a legal contract, has been advertised as a commodity lately, like the utensils we use in the kitchen. Even the conclusion period of an important contract is... 

By: George Jennings & Kobus van Niekerk The construction industry holiday is a period when most contractors, sub-contractors, architects, quantity surveyors, engineers, and other professionals in... 

By: George Jennings & Kobus van Niekerk Liability insurance forms an integral part of practically all Contract Works and Plant All Risks insurance policies. The use of vehicles on public roads and... 

George Jennings and Kobus van Niekerk are both senior underwriters at Consort Collectively, George and Kobus have 100+ years of experience in their insurance careers. Their experience ranges from... 

Kobus van Niekerk and George Jennings Scope of Business Interruption Insurance 

George Jennings and Kobus van Niekerk Understanding Increase in Cost of Working (ICOW) 

by George Jennings & Kobus van Niekerk 1.Introduction to underinsurance 

When undo is not an option by George Jennings & Kobus van Niekerk It is important to bear in mind that insurance requirements should be up to date and comply with the key insurance terms and... 

The ‘magic’ of insurance Whether a natural or legal entity, we are all subject to risk. Sometimes with unpleasant consequences. Often, people take risks deliberately with the intention to make a... 

When it comes to Engineering Insurance Consequential Loss, there are various policies that can be considered. These policies are designed and intended to provide for Consequential Loss following an... 

By George Jennings & Kobus van Niekerk On September 2nd, 1666, a fire broke out in Pudding Lane, London close to where the monument now stands. When this memorable fire had run its course some days... 

By George Jennings & Kobus van Niekerk Most short-term insurance policies covering material or property damage have an inception date, expiry date and/or renewal date, be it a monthly, annual, or a... 

By George Jennings & Kobus van Niekerk When standard does not make the grade 

Construction plant and equipment requires substantial capital investment. It is therefore important that the sum insured requirements are correctly reflected in the insurance policy concluded by... 

By now we are all looking forward to the end of the year. However, not without being faced with the dilemma of having to “batten down the hatches” and review risk mitigation measures, to take care... 

It is the energy from the sun that causes the sea breeze to show up on a sunny afternoon. As inland areas heat up, the air warms, causing it to rise. As a result, cooler air moves in from the ocean...