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| | Underwriting Services |  |
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Gathering and collating data electronically for consolidation into a report for presentation to the Local Markets and London Brokers |
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The data includes: |
| Premises / Situations |
| Sums Insured – Material Damage and Business Interruption |
| Details of Suppliers and Customers |
| MPL’s (Maximum Possible Loss) |
| “As If” exercises on Assets and Other Programmes |
| Survey Reports |
| Turnovers |
| Earnings |
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Testing Local Markets |
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Submission of RV7 application forms for approval to place cover overseas with insurers who are not registered in South Africa. |
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Gathering details of renewal premiums and insurer’s proportions; supervision of premium allocation, for example across divisions based on Assets, Turnovers, Sums Insured and Claim Profiles, etc; administering the collecting of premiums from brokers and the paying of markets – both local and international. |
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Drafting of policy wordings for approval by insurers |
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Collation, distribution and checking of all policy documentation |
 |
Liaison and co-ordination of Brokers, Markets and Captive Insurance company with respect to ongoing mid-year changes and activities. This includes reviews of new acquisitions and divestitures of companies |
|
Gathering and collating data electronically for consolidation into a report for presentation to the Local Markets and London Brokers |
 |
The data includes: |
| Premises / Situations |
| Sums Insured – Material Damage and Business Interruption |
| Details of Suppliers and Customers |
| MPL’s (Maximum Possible Loss) |
| “As If” exercises on Assets and Other Programmes |
| Survey Reports |
| Turnovers |
| Earnings |
|
Testing Local Markets |
|
Submission of RV7 application forms for approval to place cover overseas with insurers who are not registered in South Africa. |
|
Gathering details of renewal premiums and insurer’s proportions; supervision of premium allocation, for example across divisions based on Assets, Turnovers, Sums Insured and Claim Profiles, etc; administering the collecting of premiums from brokers and the paying of markets – both local and international. |
|
Drafting of policy wordings for approval by insurers |
|
Collation, distribution and checking of all policy documentation |
 |
Liaison and co-ordination of Brokers, Markets and Captive Insurance company with respect to ongoing mid-year changes and activities. This includes reviews of new acquisitions and divestitures of companies |
|
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