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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 |
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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 |