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Understanding Africa's internal challenges

机译:了解非洲的内部挑战

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The man who has been heading the South African Insurance Association's organisational committee for this year's International Union of Marine Insurance's (IUMI's) annual conference in Cape Town said the African market remains one of complexity and competition. Mike Brews, head of underwriting at Horizon Underwriting Managers and member of the IUMI Cargo Committee, has been chairing the IUMI 2018 organising committee and believes the continent holds opportunities for insurers and brokers who are willing to understand its specific challenges. "The African market has been a target for many insurers for a number of years now," he explained. "The biggest hurdle is that most countries insist that insurance be placed locally and strictly limits access to 'international insurers'. Many insurers do not understand the infrastructure challenges faced in Africa, which can result in a number of unforeseen losses. "However, with easier access to new territories and better information becoming available, this market is constantly offering new opportunities," he added. Based in South Africa, Brews said his home country is not reflective of the broader continent and, like the more developed markets around the world, competition is driven both by the marine insurance sector and the desires of clients.
机译:负责今年在开普敦举行的国际海洋保险联盟(IUMI)年度会议的南非保险协会组织委员会的负责人说,非洲市场仍然是复杂性和竞争性之一。 Horizo​​n承销经理承销负责人兼IUMI货运委员会成员Mike Brews一直担任IUMI 2018组委会主席,他认为非洲大陆为愿意了解其特定挑战的保险公司和经纪人提供了机会。他解释说:“多年来,非洲市场一直是许多保险公司的目标市场。” “最大的障碍是,大多数国家坚持将保险放在本地,并严格限制'国际保险公司'的进入。许多保险公司不了解非洲面临的基础设施挑战,这可能导致许多不可预见的损失。”他补充说:“随着更容易进入新地区和获得更好的信息,这个市场将不断提供新的机会。”布鲁尔斯说,他的祖国并不代表更广阔的大陆,而是像更发达的市场一样在全球范围内,竞争是由海上保险业和客户的需求共同驱动的。

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    《Fairplay》 |2018年第6940期|10-11|共2页
  • 作者

    Jon Guy;

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