News

CIB Announces Strategic Partnership with Brolink CIB, one of South Africa’s largest underwriting managers is pleased to announce a strategic partnership with Brolink. This collaboration marks a significant milestone in expanding our reach and enhancing the distribution of our comprehensive product portfolio. As part of this partnership, CIB will [...]

CIB's strategic partnership with Fidelity SecureDrive We are delighted to announce a new strategic partnership with Fidelity SecureDrive, a division of Fidelity Services Group, the largest integrated security solutions provider and industry leader in protection innovation. Fidelity SecureDrive provides market-leading vehicle tracking solutions with the utilisation of [...]

CIB joins Sunshine Tour as official insurance partner The Sunshine Tour has announced that CIB (Pty) Ltd (“CIB”), a leader in the provision of specialised insurance solutions in the South African market, is the new official insurance partner for the Tour. The partnership will see CIB provide specialist [...]

Building Insurance and the effect of non-compliance with building regulations There is always much debate surrounding building structures built prior to statutory or regulatory requirements being imposed now versus those imposed on a building that was constructed before these laws were promulgated. The reality is that these standards in [...]

Day 1 to Inflation - Getting it right and the effect on the Reinstatement Value Condition One of the key features of the Reinstatement Value Condition is that one needs to have actually incurred expenditure in reinstatement. This condition goes on to state that in the event of [...]

CIB Engineering product updates - effective 1 January 2022 CIB’s unique approach to underwriting principles and practices have always been key elements to how we push end to end solutions bespoke to the specialised needs of all our clients. Our focus is on innovative methods driving not only [...]

CIB launches a new Culinary Product! The culinary world is far more than just food. It involves various industries from restaurants, suppliers and franchises. This sector serves just about every industry and must be nimble and resilient especially when the unexpected occurs. CIB understands these intricacies and has designed [...]

CIB enhances its Commercial product offering effective 1 September 2021 In 2018, CIB (Pty) Ltd (“CIB”) marked the release of its Commercial product. The key features of which, aimed at embodying an experience whereby ease of reference and plain English type form would allow you to access [...]

#whyCIB? In just 27 years, CIB (Pty) Ltd (“CIB”) has grown to be one of the largest UMAs in South Africa, topping over R1.4bn annualised premium income with a world-class product range across Personal, Commercial and Niche classes that suit the needs of the client – where cover [...]

Claim B-BBEE Level 1 procurement spend through CIB Did you know that all business placed with CIB can be claimed as a B-BBEE Level 1 expense? Here’s how it works… CIB (Pty) Ltd is an underwriting manager whose policies are underwritten by Guardrisk Insurance Company Limited. Your [...]