News2019-07-11T15:48:17+02:00

News

The Office of the Short Term Ombud (“OSTI”) published its annual report for 2019 - with the mission of resolving short-term insurance complaints fairly, efficiently and impartially. CIB has claimed their best OSTI results yet - take a look at what CIB has managed to achieve from a complaints, overturn [...]

What happened During the last couple of months, the insurance sector has been overwhelmed with enquiries related to the Covid-19 pandemic. Brokers and insurers have been flooded with calls on whether the national lockdown and the subsequent business interruption would be covered. It is not specific to South Africa only [...]

It was Winston Churchill that first said: "Never let a good crisis go to waste".  What a season and what a year for The Insurance Apprentice.  As a first-time sponsor CIB are proud to support this great initiative that brings excitement to the insurance industry as well as a provides a platform for [...]

CIB SPEAKS TO INSPIRATIONAL MEMORY ZIMBA, RUNNER UP IN THIS YEARS INSURANCE APPRENTICE As a first time sponsor of The Insurance Apprentice, CIB took the opportunity to speak to this years Runner Up and recipient of the CIB sponsored prize, Memory Zimba, Actuarial Manager at Safrican Insurance Company, to say [...]

‘Even partial risk management is better than no risk management’ – CIB Since South Africa went into lockdown in March the entire insurance industry has had to come up with innovative ways of doing things. We’ve started having meetings virtually. We find ourselves extending contracts at no additional premium. We’ve [...]

The Agricultural sector plays a significant role in contributing significantly to the GDP of the country. Chanre Kaltwasser, CIB Corporate Account Manager shares her insights with Cover Magazine in the May 2020 edition speaking to the Agricultural sector and the value add that insurance contributes.  

Louis Kahts, CIB Head of Underwriting shares his thoughts with Cover Magazine on the increasing value that brokers are adding in an uncertain world. Louis delves into the new role of the broker, more involved and a vital role player and risk manager... Read the Cover May Edition here

CIB to apply 15% off motor premium for May – among other Covid-19 concessions The management team at CIB has taken a number of client-focused decisions regarding motor premium, renewals, underwriting engagement and risk management to compensate for the extraordinary circumstances in which we find ourselves due to the global [...]

The Covid-19 pandemic has led the government to impose a 21-day lockdown. During these challenging times we are all doing what we can to keep everyone safe, while we remain committed to give our clients peace of mind. Communication Please be aware that CIB continues to operate. We are effectively [...]

CIB as a proudly South African company are focusing on the positivity that our amazing country has to offer. The media tend to focus mainly on the negative headlines that shock us instead of shedding light on the feel good, positive things happening each and every day. CIB have therefore [...]

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 [...]

With its size and contribution to the economy, agriculture in South Africa is under severe strain with a multitude of uncertainties plaguing the industry, including labor issues and climate change. Participants in direct agricultural activities range from subsistence to small scale local farmers, as well as small commercial to large [...]

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