Challenging but always developing
The Role of Mirabilis
When we asked Mark Barrow, National Marketing Manager at Mirabilis what it means when we talk about engineering insurance, what is included or excluded, he had the following to say:
We don’t sell insurance, we sell the ability for development, which allows human activity. Those activities being; to learn, to work and to play. We use insurance to be able to achieve this.
Understanding Engineering Insurance
As humans, we all want to have houses, roads, shopping centres, hospitals and schools. That is where the engineering really comes in. This is what most people understand engineering to be, that we cover the construction works of civil society infrastructure. That includes government infrastructure, corporate infrastructure and private infrastructure, such as; houses, roads, dams, factories, warehouses, hospitals and the likes.
Coverage for Machinery and Electronic Equipment
Besides that, what a lot of people don't see, is the machinery and electronic equipment that is operating in these buildings. Then further afield in the mines, people are digging down into the earth, extracting all the natural ores and the processing of those resources. The plant that is used to extract the ores or the natural resources is also covered under engineering insurance.
Watch our interview with Mark as he expands on the current Construction & Engineering environment and the implications for the insurance industry.
Watch the interview with Mirabilis National Marketing Manager below:
Podcast Player in here
Mirabilis Engineering Underwriting Managers (Pty) Ltd
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