At a recent Annual Trustees function held in Durban, CIA was given the opportunity to address the group.
André de Waal – MD of CIA, began his presentation giving the audience an overview of insurance in general. He explained the importance of insurance to not only the policy holder, but also to the economy as a whole.
You can find more pictures on Trafalgar’s Facebook page: https://www.facebook.com/Trafalgar.Property/posts/997698096941036
CIA was introduced as an underwriting manager specialising in only building insurance. CIA recently launched their unique new Assets All Risks policy wordings and in doing so have moved away from the traditional antiquated defined events policy wordings. Their wordings are in plain language with a large font which makes it easier to read and understand.
CIA’s products cater for all of the following under one policy:
- Sectional Title
- Share block
- Homeowners Associations
- Retirement villages
In his presentation, André also made use of photographs to highlight the difference between insurance and maintenance related issues. Photos of actual claims were used to illustrate the difference.
In this era of load shedding that we find ourselves in André also explained the dangers associated with these power outages. Photos of actual fire claims directly attributed to load shedding were shown.