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IconPENSION FUND TRUSTEE LIABILITY INSURANCE

Camargue Underwriting Managers (Pty) Ltd

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Tel: +27 (0) 11 778 9140 /41/42/43/44/45/46/47
Fax: +27 (0) 11 778 9199
Address:
Camargue House
33 Glenhove Road
Melrose Estate
2196
Postbox:
Postnet Suite 250
Bedfordview
2008
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The Camargue suite of specialised insurance products:

  • Commercial Crime
  • Cyber Risks
  • Directors' & Officers' Liability
  • Employment Practice Liability
  • Financial Institutions Liability
  • General Liability
  • Medical Malpractice Liability
  • Pension Fund Trustees Liability
  • Professional Indemnity

Underwritten by certain underwriters at Lloyd's, Compass Insurance Company Limited and Bryte Insurance Company Limited.

Authorised Financial Services Provider Licence Number: 6344

Visit us at www.camargueum.co.za for more information.

Company Press Releases »

Icon Meeting by Accident
17 Jul 18 | Read More »
By Camilla Osrin Camargue Underwriting Managers (Pty) Ltd When people ask me what I like so much about my job they are often surprised when I say, “the claims”. People (rightly) assume we shed a tear every time there is a claim notification against one of ...
Icon Can an exemption clause or disclaimer protect you from a liability?
12 Jul 18 | Read More »
By Pariksha Moodley Camargue Underwriting Managers (Pty) Ltd Disclaimers are everywhere - anytime someone is warning you of something or letting you know something for your own good, it’s a disclaimer. Remember when one woman sued McDonald’s for spilling ...
Icon Could Blockchain be the nail in the coffin for fake presidency scams?
05 Jul 18 | Read More »
By Gregory Harrup Camargue Underwriting Managers The current turbulent economic environment has seen South Africa rise to the top of the Global Economic Crime and Fraud Survey, with a staggering 77% of South African entities having previously been a victim of fraud. ...
Icon The depreciating investment vs the “hopeless” investment: Which one is covered?
16 May 18 | Read More »
By Daniel Kidd, Everinghams Attorneys The inclusion of the “Depreciation” clause in a professional liability policy for brokers and financial advisors has become all but standard, which clause essentially stipulates that an insurer is not liable to indemnify ...
Icon Cyberattacks targeting South Africa: Expensive lessons to be learnt
09 Apr 18 | Read More »
        Catherine Berry, Camargue Underwriting Managers         On a daily basis, headlines across all media platforms report on the rampant increase of cybercrime. Discussions regarding cyber ...
Icon Product Recall in the Time of Listeria
03 Apr 18 | Read More »
By Camilla Osrin Camargue Underwriting Managers   Over the last few weeks, the phrase “the product was recalled” has become almost daily vocabulary for many South Africans. But what does this actually mean? We have all noticed a void in the refrigerator ...
Icon 2017 - The year of the Cyber Attack
16 Feb 18 | Read More »
The year 2017 was a horrendous one in terms of the number and scale of widely publicised data breaches By Ethan Pitts, Camargue Underwriting Managers The year 2017 was a horrendous one in terms of the number and scale of widely publicised data breaches; the ramifications ...
Icon Camargue announces appointment of new Divisional Director
05 Dec 17 | Read More »
Camargue is pleased to announce the appointment of Claudia Figueira as Divisional Director of Professional Indemnity. Claudia holds a Bachelor of Commerce degree in Risk Management over and above her industry regulatory and IISA qualifications. With over 17 years’ ...
Icon Security company liability – don’t shoot yourself in the foot
14 Sep 17 | Read More »
By Camilla Osrin, Underwriter Camargue Underwriting Managers (Pty) Ltd Gunshots! High speed chases! Long dramatic pursuits on foot! These are the kind of things that may come to mind when thinking of the daily life of a security guard. And accordingly, these are the ...
Icon Redefine the future – the growth mindset
06 Sep 17 | Read More »
      Gerhard de Bruin, Managing Director Camargue Underwriting Managers (Pty) Ltd           As we celebrated Woman’s month and Camargue’s 16th birthday we have formally adopted the ...
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From The Glossary »

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Funds Withheld:

The situation in which a ceding company retains a deposit of the premium due to reinsurer’s. It withholds a portion of the premiums due as a guarantee that a reinsurer will meet its loss and other obligations. Also referred to as deposits retained. Funds withheld is one way of putting the security in place for foreign reinsurance to be regarded as approved reinsurance under both of the Insurance Acts.
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