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CIB’s Claims Experience Once Again Among Best in SA Market

By | 2017-08-25T11:31:49+00:00 August 10th, 2017|News|

Clients who insure through CIB are conducting business with one of the best performing brands in the South African short term insurance industry.   A recent analysis of the Ombudsman for Short Term Insurance (OSTI) 2016 Annual report confirms CIB would have featured in the top quartile of insurers – for the second year running. [...]

CIB White Collar Crime workshop sets expectations around fighting fraud

By | 2017-08-25T11:31:39+00:00 July 6th, 2017|News|

When it comes to White Collar Crime, the Insurance industry is exposed on two fronts: as both victim and as protector. Insurers lose billions to bogus claims, potentially fueling fraudsters if unreported. They also offer many corporate clients their first form of defense against fraudulent activities and theft by employees. This places the insurer in [...]

CIB acquires specialist underwriting manager FPA

By | 2017-08-25T11:31:28+00:00 July 1st, 2017|News|

29 June 2017, Johannesburg. CIB (Pty) Ltd announces the acquisition of specialist underwriting manager; FPA Underwriting Managers (Pty) Ltd. The change of ownership comes into effect 1 August 2017 and will see FPA (better known as FIRSTPROP) become a division of CIB. CIB aims to be the preferred choice for professional brokers for client business [...]

Hot off the Press – CIB launches Marine Division

By | 2017-08-25T11:31:16+00:00 July 1st, 2017|News|

Open waters can pose any number of threats to both vessels and cargo. Then there is the reality that cargo might also be transported by airfreight, road, or rail - each with its own unique risks. This makes marine insurance a highly-specialised and niche product. CIB is excited to enter this market with our CIB [...]

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