Rob Bygrave, the CFO of Klapton announced that that the 2019 Financial Statements have been approved by the Board. For the third consecutive year, SECC, a leading West African audit firm have issued a clean audit report in respect of these Financial Statements. Mr Bygrave stated that these Financial Statements reflect a significant, but expected […]
Klapton Insurance Company Ltd Issues Maritime Residual Value Policy
Klapton is pleased to announce the issuance of a new policy related to the maritime industry following the closing of a Residual Value Guarantee in favour of Sevenseas Holdings Inc. The company has been working closely with Sevenseas’ management for a number of months in crafting a bespoke policy and guarantee that protects the company’s […]
Commercial and legal risks that businesses are likely to face during this period
Pandemic redefines the commercial and legal risk landscape We are more than 60 days into the national lockdown and the number of infections in South Africa now exceeds 24 000. And we have only just transitioned from a situation where only essential service providers were permitted to operate, to a slightly softer lockdown under level […]
Tali Marienberg appointed as Chief Operating Officer (COO)
The board of Klapton Insurance Company is pleased to announce the appointment of Tali Marienberg as Chief Operating Officer (COO). Tali is an experienced litigator and has over 25 years of outstanding experience within the insurance industry, both handling insurance claims in courts and managing claims departments for state and public insurers as well as […]
Klapton’s Q1 2020 results
Premium levels significantly exceeding both the forecast and 2019 Klapton reported a strong performance for Q1 2020, with premium levels significantly exceeding both the forecast and 2019. Gross written premium for the quarter was €6.0m, compared to the forecast of €3.9m and 2019 €1.8m. This growth has been achieved with important contributions across all regions […]
Maritime Announcement: new African maritime surety products
Building on the Maritime Sureties business line, which serves the global shipping sector, Klapton is pleased to announce that it will shortly roll out a suite of maritime surety products targeted at the company’s established African sphere of operation.
Covid-19 and its impact on Insurance Policies
The pandemic of COVID-19 has impacted the world probably more than any other event since the second world war. Not since 1945 have we literally seen the entire world affected and disrupted as it is now. More than half the world’s population is in some kind of lockdown and are restricted in their economic and […]
Outsourcing- How to make sure it does not end in disaster
With careful due diligence outsourcing is still a very effective way of providing quality service to customers There are many reasons for Insurers, if and when they decide to outsource functions that are integral to the various insurance products that they sell. Circumstances have changed a lot over the years from the time when Insurers […]
Klapton Reinsurance Brokers Kenya is open for business
Rob Bygrave, the CFO for Klapton, met the new team at the Anglophone regional hub in Nairobi, Kenya.The team is headed by Chris Kiragu as CEO, an experienced insurance professional…
Eitan Yanuv appointed to the board as a non-executive director
The board of Klapton Insurance Company is pleased to announce the appointment of Eitan Yanuv to their board as a non-executive director. Eitan brings with him a wide business and capital markets experience having taken rolls as CEO, CFO, Chairman, Finance Director, Business Development Director in private and publicly listed companies. He currently serves as […]