Goods In Transit Insurance & International Cargo Cover
Africa-GIT – bringing market leading international goods in transit capacity to Africa
Africa-GIT is the trading division of SACB, bringing together Industry professionals with over 50 years GIT (Goods in Transit) experience in Africa, marrying our local knowledge across the continent with leading global insurance capacity (including Lloyd’s of London).
We provide high value GIT coverage, leading terms at cost effective premiums, underwritten locally by our domestic insurance partners across the continent but 100% reinsured internationally.
Many companies when transporting their goods from Point A to Point B frequently make the mistake of believing that their goods are insured by their chosen transporter.
More often than not this is not the case. Transporters will normally cover their own needs and even when they say they have goods covered it is usually insufficient to cover any likely losses.
If goods are lost in a hijack, traffic accident, fire, flood or any other disaster without a dedicated GIT policy these goods may not be properly or fully insured. This is where we come in.
Our appetite is:
- Large load limit business
- High AVCs (over $150K / R25m) – i.e. Risks we can survey at UW’er expense
- Average 3-year loss ratios less than 50%
- Minerals & Petrochemicals (including Cobalt, Copper, Petrol, etc)
- High value Machinery (normally mining related)
- Cross Border Risks
- Risks that are based in other African countries
- We can also look at Coal and Perishable goods
Visit: www.Africa-GIT.com for more details.
Download Africa-GIT brochure:
Email: enquiries@africa-git.com
Contact us:
Additionally, we offer market leading International Cargo and Stock Through Put cover including for hard to place perishable commodities.
Mining & Renewable Energy Project Insurance
SA Consortium Broking has partnered with the largest consortium providing project cargo and DSU capacity in the World. Offering African companies upwards of $300m of cover for Mining project risks.
Sports & Events Insurance
Through our partnership with Sportscover Europe and Active Underwriting we bring dedicated Sports & Event Capacity to Africa. Our partner the ActiveRisk Group is a specialist sports, leisure and entertainment underwriting agency which has grown steadily since the establishment of Sportscover Europe in 1999.
With heritage going back over 20 years, the Active and Sportscover Europe brands service policyholders throughout Europe and Africa. SACB is proud to be an exclusive broker for the Active Risk Group in South Africa.
Specialist, Sports, Leisure and Entertainment products offered include:
- Personal Accident
- Public Liability/ Professional Indemnity
- Directors and Officers
- Employers’ Liability
- Property
- Sports Travel
- Legal Expenses
Download Active Underwriting’s brochure:
Specialist Contingency Insurance
SACB have also entered into a partnership with TCR. TCR have over 30 years dedicated contingency experience in the London insurance market, working with some of the biggest brands and events in the world. We allow our clients to optimise their marketing budget, whilst protecting their costs, expenses and revenues should something go wrong with their event, promotion or sponsorship.
TCR provide diverse solutions to a variety of niche risks and our clients benefit from our specialist knowledge and experience in a multitude of uncertain scenarios. Don’t take the gamble when we can ensure you don’t have to.
Products:
Event Cancellation and Non Appearance
Comprehensive cover for the cancellation, abandonment, postponement, interruption, curtailment, or relocation of any insured event, due to a consequence beyond the control of the insured:
Target Sectors:
- Event Organisers
- Event Promoters
- Travel and Tour Companies
- Retail Brands
- Manufacturers
- Corporate Entities
- Casino’s / Gaming / e-gaming
- Sports Clubs and organisations (amateur and professional)
- Venues and Stadia
- Tourist attractions
- Music Production
Over Redemption:
Trade-in, 2 for 1, money off coupons, cashback, sporting outcome and other promotional incentives are a great way to encourage sales, increase market share and/or raise brand awareness. This protection allows a business to fix its marketing budget, without the risk of a huge outlay if it over redeems beyond their budgeted expectations.
Target Sectors:
- Consumable Products
- Consumer Electronics
- DIY Goods
- Education
- Motor Vehicles
- Kitchen and Bathroom
- Transport
- White Goods
Prize Indemnity:
A unique insurance product that is designed to protect the insured should a prize be won, it allows bigger prizes to be offered with insurance coverage providing the required coverage should a prize be won,
Games of Skill
- Hole in One
- Half Court Shots
- Football Kicks
- Rugby Kicks
- Predict and Win and other skill based promotional activity.
Games of Chance
- Lotteries
- Pick and Win
- Scratch Cards
- Games Shows
- Web based E gaming
Target Sectors
- Event Organisers
- Sports Clubs and Oragnisations
- Retail Brands
- Lottery Providers
- Promotional Agencies
- Casinos
- E-gaming
- Media (TV, Radio, Newspapers)
- Bookmakers/Betting industry
Contractual Bonus:
This protects a sponsor, brand, club or franchise, or event organiser for their contractually assumed liability to award bonuses to individuals or teams for attaining defined levels of success in the sporting world.
Target Sectors
- Sporting Goods Manufacturers
- Retail Brands
- Manufacturers
- Financial Services
- Sports Clubs and Organisations (professional sport only)
