News

Etana Commercial Crime takes to the redCarpet

1 February, 2012

On 1 February 2012 Etana’s Commercial Crime product became available on the Marsh-Alexander Forbes Risk Solutions (AFRS) “redCarpet” policy, claims and information system, offering fantastic benefits to Etana brokers and policy clients.

Our redCarpet commercial crime product offers limits of up to R1-million with a deductible starting at 10% of the limit and covering up to 150 employees. Requirements outside of these limits can, of course, be accommodated by special arrangement via the redCarpet facility and with agreement from Etana.

All our policy wordings are approved by Marsh-AFRS and are formulated on an each-and-every-loss basis.

The real beauty of the redCarpet offering, however, lies in its superior service delivery in both underwriting and claims. Etana has dedicated redCarpet Commercial Crime claims and underwriting specialists – Willie Jansen Van Rensburg and Gizelle Erasmus respectively – who are committed to ensuring that claims and underwriting get processed extremely quickly and efficiently.

Commercial Crime insurance is vital for any business trading in today’s economic environment. It provides cover against losses suffered as a result of fraud committed by employees and, in certain circumstances, by third parties.

International surveys show that corporate fraud is on the increase – and South Africa is not exempt from this trend. With companies growing more and more complex, globalisation playing a larger role in the economic landscape, and the increasing use of technology in business transactions, the rate of commercial fraud is growing daily.

Etana’s Commercial Crime offering provides peace of mind for companies of all sizes, either as a standalone product, on the redCarpet facility or as part of a comprehensive Etana business insurance offering.

If you would like more information on redCarpet or on our Commercial Crime offering, contact Gizelle Erasmus, head of Etana Commercial Crime – GizelleE@etana.co.za or 011 351 2584 (office) / 083 311 8666 (cell). Alternatively you can contact Warwick Goldie, who heads up our Specialist Risks division, on 011 351 2577 / 082 653 7833 / WarwickG@etana.co.za; or Willie Jansen Van Rensburg, head of claims for Commercial Crime, on 011 351 2568 / 082 938 7492 / WillieJ@etana.co.za.