Como lidar com o Ciclone Tropical FREDDY na perispectiva dos Seguros

We are actively experiencing the effects of global warming and the repercussions of the changing weather patterns. Most of these have an effect of structural damages to buildings, assets and more adversely; lives. Reports point to an imminent intense tropical cyclone dubbed “FREDDY”, taking place in Madagascar. What we know is that it is forecasted to make landfall in Mozambique on the evening of the 23^rd February 2023. This inherently represents a significant flood risk for Madagascar and Mozambique as soils are already saturated from the impact of Cyclones Cheneso and Jasmine, respectively.

As Maksure Risk Solutions, we want to urgently advise our insurers to take proactive measures to ensure that the existing contracts that have a potential for impact by the cyclone, are in line with the terms and conditions agreed with the reinsurers (that includes the fixed limits for cyclones and exclusions). We appreciate that not all policies will be affected, but this is for those applicable. We also want to remind our insurers to ensure that premiums and MDP’s are up to date to avoid challenges at the time of recovering claims.

Below are some of the recommendations that we make to our insureds in an effort to reduce vulnerability to flooding as follows (and non-exhaustive):

• Close certain openings,
• Control, and if necessary, strengthen tanks attachments,
• Make provision to move stock/materials and other moveable assets to areas that are not likely to be flooded,
• Move equipment, sensors, networks (electricity, gas, water, telecommunications, computer) above the highest past flooding water height
• Ensure the backup and cloud storage of vital information and documents
• Make provision to cover goods in the open with tents and keep above the highest past flooding water height.

You can reach out to our trained consultants, and they will gladly assist.

Poderá contactar os nossos consultores especializados para a devida assistencia, nos contactos abaixo.

Contact our teams on Tel +27 11 805 0086 or Email: info@maksure.co.za.

About Maksure Risk Solutions

Maksure Risk Solutions is an Afro-Global independent specialist insurance and reinsurance broker with business footprint in Africa, Asia, East & Western Europe, South America and the Caribbean. We provide innovative and tailor-made risk solutions in Insurance and Reinsurance as well as Risk Financing and Actuarial Consulting geared towards capital management and strengthening our client’s balance sheet. Maksure is also one of the major players in Captive Management (Establishment & Management) in South Africa, Mauritius, Bermuda and various other jurisdictions. We have access into the Lloyds of London with a deep understanding of African markets. Our global nature ensures that our clients access quality capacity as well as some of the world’s latest thinking and solutions.