Most people would agree that being questioned about a topic they have limited knowledge on is in fact frightening. Whether we like to admit it or not, the same approach is common amongst brokers when requested to obtain specialist insurance covers for their clients. The misconception regarding marine insurance is that it is all about insuring ships, however this is not the case, specifically in the South African marine market.
Petra Fordyce, CIB Head of Marine dives in a bit deeper in the Cover Magazine Dec 2019 issue.
For further information or to book an appointment with our Marine division, please call 011 455 5105.