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Insurance Broking: Collaboration on a Global Level Writer: Danny Buitendag, Executive Director of JLT SA IB COLLABORATING together with our Group hubs in the UK and other international offices, our technical approach to insurance broking fits ‘hand-inglove’ with our vision and mission, our selection of staff, as well as our strategy here in South Africa. A misconception among many is that the insurance broker is there to sell the customer insurance; but the placing of insurance is just a part of a client’s overall risk management strategy. At JLT, we base any risk transfer/
insurance solution proposed to our clients on a sound understanding of their requirements, risk management philosophy, risk appetite, future plans and current financials and this allows us to tailor our advice and source risk transfer/insurance solutions that best matches their business needs. The best test of a good insurance broker is in getting large and/or complex claims settled. JLT SA has proven their capability in this arena over the past five years, including the effective and efficient handling and settlement of an R1.8 billion underground fire claim earlier this year where we have already obtained substantial interim payments for our client.
Compliance
In respect of our global clients, who often operate in as many as 25 different countries, it is imperative that we ensure that not only does the client have the required and uniform insurance covers and structures in place in each country,
STALKER HUTCHISON & ASSOCIATES
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talker Hutchison & Associates was founded in 1985 by Angus Hutchison and Tony Stalker as a local Broad Form Liability alternative to the Lloyd’s of London market. Over the past three decades the Company’s product range has expanded extensively and over 130 specialists are employed at SHA, many of whom are qualified legal professionals, able to structure insurance programs for most businesses both within and outside the borders of South Africa. T +27 11 731 3600 E info@sha.co.za
www.sha.co.za Facebook – SHA Specialist Underwriters Twitter - @shaafrica
MIRABILIS ENGINEERING UNDERWRITING MANAGERS
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irabilis is the largest engineering underwriter in Africa. Our team includes qualified engineers with practical experience, in-depth expertise and understanding of engineering risks and insurance requirements. Our territorial scope includes continental Africa, the Middle East, Central and Southeast Asia and the Indian subcontinent. We can transact directly in various foreign currencies Accompanied by Santam Limited and our international panel of reinsurers, Mirabilis offers solid security for engineering risks and substantial capacity in our acceptances. We underwrite and facultative reinsure the full spectrum of engineering risks. T +27 (11) 880 8200
www.mirabilisafrica.com
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