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Consort Technical Underwriting Managers News

10 Important Points of the Cost of Underinsurance

8th April 2024 by George Jennings & Kobus van Niekerk 1.Introduction to underinsurance 

Consort Technical Underwriting Managers (Pty) Ltd

19th January 2024 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 conditions. 

The Insurance Tree: Introduction

5th October 2023 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 profit. It is sensible to take the necessary precautions considering the financial consequences of... 

Thinking about the consequences of Consequential Loss

17th August 2023 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 indemnifiable event under the prevailing material damage policy. Some of the examples are:... 
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TPT starts financial year off with increases in bulk, container volumes

State-owned ports manager Transnet Port Terminals (TPT) has recorded a 10% year-on-year increase in container volumes moved across all 19 of its terminals in the first six weeks of the 2024/25 financial year. Bulk volumes and break-bulk volumes were also up by 5% and 17%, respectively, compared... 

Minerals Council, Geoscience, IDC going all out to boost South African exploration

A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a return to growth in the shrinking South African mining industry. Minerals Council South Africa CEO... 
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