by George Jennings, Kobus van Niekerk | Oct 5, 2023 | Consort
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...
by George Jennings, Kobus van Niekerk | Aug 14, 2023 | Consort
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...
by George Jennings, Kobus van Niekerk | Jul 3, 2023 | Consort
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 later, more than 174 hectares of the City of London lay littered with debris and smoking ruins. Citizens were...
by George Jennings, Kobus van Niekerk | Jun 5, 2023 | Consort
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 specific period insurance policy. At inception, the cover should be complete for all the insured’s interests...
by George Jennings, Kobus van Niekerk | Apr 26, 2023 | Consort
When standard does not make the grade Most, if not all policy wordings are offered in a standard format. Such a wording may not meet all the requirements of the risk profile of the proposer or the insured and may lead to disappointment and or aggravation should a...
by George Jennings, Kobus van Niekerk | Mar 31, 2023 | Consort
Conundrum of electricity supply in South Africa Imagine a world without electricity. Just over a century ago the world started to produce electricity on a large scale. South Africa followed suit. In 1923 the Electricity Supply Commission was founded with its...
