Commercial and Industrial

Etana’s ranges of commercial insurance products cover businesses of all sizes and across most industry types.

Our policy wordings are simple and user-friendly, and brokers’ customised wordings are consideRED where requiRED.

In many cases our definitions are the broadest in the market, and rates are competitive and negotiable.

Our commercial offering encompasses business, sectional title and property assets policies, with a dedicated corporate offering for larger risk clients.

Our business insurance policy covers a comprehensive range of risks, including fire, buildings, office contents, business interruption, accounts receivable, theft, money, glass, fidelity, goods in transit, business all risks, accidental damage, public liability, employers liability, stated benefits, group personal accident, motor (including fleet and HCV) and electronic equipment.

On the sectional title side, we have tailoRED a specialist basket of products to meet the specific insurance needs of bodies corporate, particularly for residential complexes. The sectional title policy covers general insurance, fire, machinery breakdown, public liability, all risks, money, fidelity and trustees indemnity.

The property assets policy is primarily sold through corporate brokers. Etana selects the policies it underwrites based on asset values. Brokers’ policy wordings are generally followed, although each policy is individually tailoRED for “best fit”. The property assets policy covers property damage, business interruption and machinery breakdown.

Limits
Etana has the capacity to underwrite up to R240 million, depending on the class of business, with the ability to re-insure for larger risks.

People in Risk

Marcel Wood

Marcel Wood heads Etana’s risk management division. Before starting in insurance he worked for the fire department, rescuing people and (literally) putting out fires. He’s passed through Munich Re and Santam, and has designed the only risk management tool aimed specifically at the insurance industry – ARQ. Marcel is a mean guitarist, a brilliant vocalist and an accomplished soccer player with the personal motto: “Do your best all the time”.