A C & E Group of Companies have developed a range of insurance products. These include Construction and Engineering products; Professional Indemnity and Broadform Liability products and various Commercial insurance products.<\/p>\n
This include standard policies which provide the best cover available in the market, enhanced products which have been extended to cater for specific needs required on a once-off basis (Engineering and Professional Indemnity Insurance only) and broker wordings developed by local and international brokers.<\/p>\n
Our products are flexible, can be adapted for any risk and cater for special needs which may be imposed by financiers or specific conditions of contract.<\/p>\n
The synergy which exists between Commercial, Engineering and Professional Indemnity & Broadform Liability allows us to service our brokers on all products.<\/em><\/p>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”||12px|||” global_colors_info=”{}”]Read more about -[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” text_font=”Nanum Myeongjo||||||||” text_text_color=”#cab6a1″ text_font_size=”19px” custom_margin=”||16px|||” global_colors_info=”{}” transform_styles__hover_enabled=”on|desktop” transform_scale__hover_enabled=”on|desktop” transform_translate__hover_enabled=”on|desktop” transform_rotate__hover_enabled=”on|desktop” transform_skew__hover_enabled=”on|desktop” transform_origin__hover_enabled=”on|desktop”] <\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service Info” _builder_version=”4.20.0″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.20.0″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_left=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”works” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||17px|||” global_colors_info=”{}”] Engineering Contract Works insurance provides cover for the civil and structural construction projects installation of services and\/or electrical and mechanical machinery. The type of projects we underwrite can include roads, bridges, canals, multi-storey buildings and modest private dwellings, factories including process machinery and much more. The policy can be issued for a contract involving installation of a single machine or the construction of a turnkey complete power generation or processing plant.<\/p>\n Engineering Contract Works cover can be tailored to include all the insurable risks, including transport of materials from any warehouse or manufacturing facility in the territorial limits to site and cover the project until installation, testing and commissioning has been completed and the plant is handed over.<\/p>\n We offer cover on a specific contract basis<\/strong> or on an annual policy basis<\/strong> for engineering contractors.<\/p>\n Liability cover can be provided for loss or damage to third party property and injury to persons.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.20.0″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_left=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”allrisk” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||20px|||” global_colors_info=”{}”] Cover can be provided for the costs to repair sudden and unexpected failure of electrical and mechanical production machinery (using new parts) and can be extended to cater for loss of profit while the machinery is being repaired following an event insured in terms of the machinery breakdown policy. In addition to the policy cover extends to include provision for breakdowns caused by operator error and ingress of foreign objects.<\/p>\n The Machinery Breakdown cover can also be extended to loss of product (raw material in process) which was being processed when the machine broke down and Deterioration of Stock <\/strong>in cold storage, following breakdown of the refrigeration equipment.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service Info” _builder_version=”4.20.0″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.20.0″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_left=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”renewable” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||19px|||” global_colors_info=”{}”] Salient features<\/strong><\/p>\n Priority is designed to offer professional indemnity cover, for authorised FSCA Category I FSPs only. The policy will not satisfy FSCA requirements for Category II, IIA, III or IV providers.<\/p>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”] The A C & E Commercial-Flexi policy covers not just the Commercial risks of a business but also the **Domestic side. As we value your input and your desire to assist your clients with their requirements, we are immensely proud to offer the new Commercial Flexi Policy, tailor-made to combine **Domestic requirements of clients onto an existing Commercial policy. We will not be focusing on stand-alone **Domestic business as we wish to stay true to the core values of A C & E Commercial Underwriting Managers (Pty) Ltd.<\/p>\n These additional **<\/strong>domestic covers include Buildings, Contents, Personal All Risk, Personal Liability, Motor and Pleasure Craft.<\/p>\n A C & E Commercial Underwriting Managers (Pty) Ltd, at all times strive to be the best service provider in the market for all our brokers and our mutual clients, from the acceptance of cover to the settling of claims.<\/strong> **Underwritten by A C and E Commercial Underwriting Managers (Pty) Ltd in their capacity as A Juristic Representative of New National Assurance Company Limited \u2013 FSP 2603<\/p>[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”] A C & E Group provides business on all products to registered, FAIS compliant and accredited Brokers.<\/p>\n We have partnered with dynamic customer-focused,\u00a0Corporate, Medium and Small Brokers in all the provinces of South Africa, Africa and our selected international markets and develop strong and solid relationships with our broker base. We share a vision and desire to provide our clients with the best service, terms and claims resolutions. AC&E value the relationship that we have with each of our Brokers and have seen many small self-owned Brokers grow their businesses successfully in partnership with us.<\/p>\n Our selected Products are highly technical. In partnership with AC&E Group, every Broker can provide Engineering, Construction, Professional Indemnity, Broadform Liability and Commercial Insurance\u00a0of the highest standard to their clients. Our Marketing Team and Product Specialists assist our Brokers with in-depth knowledge of construction contracts, policy wordings and customer-driven insurance solutions, very often providing innovative, bespoke insurance solutions in addition to our range of standard products. We appreciate and value our brokers and continue to grow through their loyal support.<\/p>\n Our aim<\/em><\/strong>: The Brokers first choice when considering a business partner!<\/em><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ disabled_on=”off|off|off” admin_label=”Service Info” _builder_version=”4.27.6″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” disabled_on=”off|off|off” module_id=”islamic” _builder_version=”4.27.6″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_right=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text disabled_on=”off|off|off” module_id=”commercialinsurance” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||25px|||” global_colors_info=”{}”] AC&E Group of Companies \u2013 Diamond Insurance Solutions<\/i><\/b> In this regard,<\/p>\n<\/div>\n Common Concerns When Considering Insurance Cover<\/b> Monday to Friday \u2013 8h00 to 16h30<\/p>[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”37b74fc4-e253-4d73-a3a5-91117a8a87f4″ header_4_text_color=”#CAB6A1″ text_orientation=”center” custom_margin=”||6px|||” global_colors_info=”{}”] 7th Floor Office Tower, Bedford Centre, Smith Street\n
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Engineering Contract Works<\/a><\/li>\nEngineering Contract Works<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]
Erection All Risk Insurance<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]Erection all risk policies cover the erection of individual machines or complete plants-ranging from complete power stations, mineral processing plants to lifts and air conditioning equipment. EAR policies provide protection on an all-risk basis, including cover for the testing and commissioning of the erected machines. EAR cover physical loss or damage.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service Info” _builder_version=”4.20.0″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.23.1″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_right=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”plantallrisk” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||25px|||” global_colors_info=”{}”]
Plant All Risks (PAR)<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]Loss of or damage to construction plant and equipment from any cause whilst in storage, transit, on contract site and being use as a tool of trade. Cover is available for owned and hired-in plant and equipment. This policy provides wide cover for contractor\u2019s plant such as earthmoving equipment, mining plant, excavators, loaders, TLB\u2019s, cranes, pumps, air compressors and much more. In addition, cover is available for replacement hiring costs, legal liability arising out of the hire and continuing hire charges. \n\nThis policy will cover risks such as fortuitous working accidents, theft, fire, faulty operation, overturning as well as natural perils such as earthquake, storm, flood, collision etc.\n\nA C & E also offer Third Party Liability for Plant on site and on the road for licensed plant. [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.23.1″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_right=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-PAR.pdf” button_text=”Application Form” disabled_on=”on|off|off” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” hover_enabled=”0″ global_colors_info=”{}” url_new_window=”on” sticky_enabled=”0″][\/et_pb_button][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-PAR.pdf” button_text=”Application Form” disabled_on=”off|on|on” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_size=”10px” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” custom_margin=”|45px||45px|false|true” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″ url_new_window=”on”][\/et_pb_button][et_pb_text module_id=”machine” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||19px|||” global_colors_info=”{}”]
Machinery Breakdown and Business Interruption<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]
Renewable Energy<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]There are various Renewable Energy Technologies such as Solar, Wind and Water energy projects being developed throughout Africa. A C and E Engineering Underwriting Managers in association with New National Assurance Company offers cover for this developing technology.[\/et_pb_text][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-CAR.pdf” button_text=”Application Form” disabled_on=”on|off|off” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” hover_enabled=”0″ global_colors_info=”{}” url_new_window=”on” sticky_enabled=”0″][\/et_pb_button][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-CAR.pdf” button_text=”Application Form” disabled_on=”off|on|on” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_size=”10px” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” custom_margin=”|45px||45px|false|true” hover_enabled=”0″ global_colors_info=”{}” url_new_window=”on” sticky_enabled=”0″][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.20.0″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_left=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”computer” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||19px|||” global_colors_info=”{}”]
Computer And Electronic Equipment<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]Cover is provided for Loss of or damage to Computer and Electronic Data Processing Equipment, IT installations, telephone exchanges, cell phone networks and associated ancillary equipment and much more arising from Theft, Fire and Allied perils, Accidental Damage, Malicious Damage and Machinery Breakdown. The basic policy can be extended to cover Increased Cost of Working and Reconstitution of Data.[\/et_pb_text][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-EE.pdf” button_text=”Application Form” disabled_on=”on|off|off” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” hover_enabled=”0″ global_colors_info=”{}” url_new_window=”on” sticky_enabled=”0″][\/et_pb_button][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-EE.pdf” button_text=”Application Form” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_size=”10px” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” custom_margin=”|45px||45px|false|true” hover_enabled=”0″ global_colors_info=”{}” disabled_on=”off|on|on” sticky_enabled=”0″ url_new_window=”on”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service Info” _builder_version=”4.20.0″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.23.1″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_right=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”single” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||25px|||” global_colors_info=”{}”]
Single Project Construction<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]A single project policy provides cover for a specific project and all the parties involved in the project are insured to the extent required by their individual conditions of contract. Single project policies are often arranged for very high value projects which involves reinsurance and co-insurance; A C & E Engineering Underwriting Managers (Pty) Ltd often take the lead on such projects because of the knowledge and experience of the engineering underwriters and claims team.\n\nProjects often include billion rand plus of wind and solar installations, large multi-storey office buildings, but the policy can also be issued for smaller projects, particularly where the Employer is responsible for arranging insurance for the project. [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.23.1″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_right=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-CAR.pdf” button_text=”Application Form” disabled_on=”on|off|off” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” hover_enabled=”0″ global_colors_info=”{}” url_new_window=”on” sticky_enabled=”0″][\/et_pb_button][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-CAR.pdf” button_text=”Application Form” disabled_on=”off|on|on” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_size=”10px” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” custom_margin=”|46px||46px|false|true” hover_enabled=”0″ global_colors_info=”{}” url_new_window=”on” sticky_enabled=”0″][\/et_pb_button][et_pb_text module_id=”lop” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||19px|||” global_colors_info=”{}”]
Loss Of Profits (LOP)<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]Consequential loss of gross profit, loss of revenue or increased costs of working, arising from indemnifiable loss or damage sustained under the Machinery Breakdown Policy. [\/et_pb_text][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-CAR.pdf” button_text=”Application Form” disabled_on=”on|off|off” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” hover_enabled=”0″ global_colors_info=”{}” url_new_window=”on” sticky_enabled=”0″][\/et_pb_button][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-CAR.pdf” button_text=”Application Form” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_size=”10px” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” custom_margin=”|45px||45px|false|true” hover_enabled=”0″ global_colors_info=”{}” disabled_on=”off|on|on” sticky_enabled=”0″ url_new_window=”on”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service Info” _builder_version=”4.20.0″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.20.0″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_left=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”dos” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||19px|||” global_colors_info=”{}”]
Deterioration Of Stock (DOS)<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]Damage to stock of all descriptions caused by a change in the controlled environment of the holding rooms or chambers arising from indemnifiable damage to the insured machinery that creates the controlled environment. This policy also has an optional accidental failure of electricity supply extension together with a stock in process extension.[\/et_pb_text][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-CAR.pdf” button_text=”Application Form” disabled_on=”on|off|off” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” hover_enabled=”0″ global_colors_info=”{}” url_new_window=”on” sticky_enabled=”0″][\/et_pb_button][et_pb_button button_url=”http:\/\/www.engineeringace.co.za\/downloads\/ACE-Application-CAR.pdf” button_text=”Application Form” _builder_version=”4.27.6″ _module_preset=”6b90b423-f6a0-496e-97d5-e0738b134b1a” button_text_size=”10px” button_text_color=”#FFFFFF” button_border_color=”#FFFFFF” custom_margin=”|45px||45px|false|true” hover_enabled=”0″ global_colors_info=”{}” disabled_on=”off|on|on” sticky_enabled=”0″ url_new_window=”on”][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.20.0″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_left=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”dismantle” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||19px|||” global_colors_info=”{}”]
Dismantling Transit and Erection<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]Cover can be provided on specific contract basis for loss or damage to new or existing electrical and mechanical equipment during machine moving operations, from dismantling the plant, loading and transporting plant to site, positioning including lifting operations and thereafter during installation and assembly of the equipment. The cover extends to loss or damage to the equipment being moved provided that the value of such equipment (either market value or new replacement value) is included in the policy sum insured. Cover in respect of testing is limited to new equipment.\n \nThe cover can be provided on an annually renewable policy, provided always that the value of every contract including the value of equipment being moved is declared and noted in the policy schedule.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service Info” _builder_version=”4.20.0″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.23.1″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_right=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”professional” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||25px|||” global_colors_info=”{}”]
Professional Indemnity and Broadform Liability Insurance<\/h3>[\/et_pb_text][et_pb_text disabled_on=”on|on|on” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” disabled=”on” global_colors_info=”{}”]
Establishment, Growth and Our partners<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]A C and E PI & Liability Underwriting Managers (Pty) Ltd underwrites Professional Indemnity (Once Off \/ Annual) & Broadform Liability (General Liability & Products Liability insurance) on behalf of New National Assurance Company up to a limit of R100 000 000.\n\nOur independent pricing and quotation models have been developed by A C and E PI & Liability Underwriting from our own experience and data base.[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
Territorial Scope<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]A C and E PI & Liability Underwriting Managers (Pty) Ltd underwrite risks with a worldwide territorial scope, excluding USA and Canada in respect of original insureds and\/or businesses domiciled and\/or incorporated in the Republic of South Africa (RSA)[\/et_pb_text][et_pb_text disabled_on=”on|on|on” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” disabled=”on” global_colors_info=”{}”]
Territorial Scope<\/h3>[\/et_pb_text][et_pb_text disabled_on=”on|on|on” _builder_version=”4.23.1″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” disabled=”on” global_colors_info=”{}”]A C and E PI & Liability Underwriting Managers (Pty) Ltd can underwrite risks situated worldwide, excluding USA and Canada in respect of an original insured client and\/or businesses domiciled and\/or incorporated in the Republic of South Africa (RSA)[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service Info” _builder_version=”4.20.0″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.23.1″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_left=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”liability” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||25px|||” global_colors_info=”{}”]
Professional Indemnity and Broadform Liability Products<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
Annual Professional Indemnity<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”||24px|||” global_colors_info=”{}”]This policy provides cover for legal liability arising out of negligence, error or omission in the performance of professional duties of various professional occupations. Cover is on a \u201cclaims made basis\u201d and provision can be made for retro-active cover.[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
Project Specific Professional Indemnity<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]This policy provides cover for the legal liability arising out of negligence, errors or omissions in the performance of professional duties for all engineering professionals and contractors involved in a single project, either insured by the Employer\/Principal or the EPC(M) Contractor. The policy features First Party cover prior to handover and legal liability cover after handover. Provision is made for retro-active cover in respect of conceptual design work and also for an extended reporting period for a maximum period of 7 years.[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
Design & Construct Cover<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]This policy provides cover for legal liability arising out of negligence, error or omission in the performance of professional duties of engineering contractors who undertake turnkey contracts or EPC(M) projects and includes cover for mitigating losses prior to handover. Cover is on a claims made basis and provision can be made for retro-active cover and an extended reporting period.[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
Priority Cover<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”-9px||22px|||” global_colors_info=”{}”]
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Medical Malpractice<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”-9px||22px|||” global_colors_info=”{}”]This cover is available for Allied Healthcare Professionals who cause injury to third parties through their professional negligence, errors and\/or omissions.[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
Directors and Officers<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”-9px||22px|||” global_colors_info=”{}”]Recent amendments to the Companies\u2019 Act, makes directors and managers liable in their personal capacity for claims with regards to their fiduciary mismanagement of the company. Claimants which include claims from Shareholders or Creditors.[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
Broadform Liability<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”-9px||22px|||” global_colors_info=”{}”]The policy provides cover for the legal liability incurred by the insured, death or damage to third parties\/third party property arising during the course of the insured business activities. The cover available provides for General liability, Employers liability, Foundation Failure, Products Liability and Defective Workmanship.\n\nCover can be provided in respect of contractor\u2019s liability for specific\/single contracts and projects on a stand-alone basis or included in an Annual Broadform format.[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
Events Liability<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”-9px||22px|||” global_colors_info=”{}”]Various legislation has brought about the need to insure events \u2013 either on a once -off basis or an annual policy, if there is a need to host or arrange multiple functions per year. The policy can be extended to include damage to hired or leased premises, temporary structures, spread of fire, food and drink, and emergency medical expenses. We exclude event postponement and\/or cancellation.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Service Info” _builder_version=”4.20.0″ _module_preset=”default” background_color=”gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843″ da_disable_devices=”off|off|off” collapsed=”on” global_colors_info=”{%22gcid-9fa4a1b6-767d-41ca-984c-a6f10449c843%22:%91%22background_color%22%93}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row custom_padding_last_edited=”on|desktop” _builder_version=”4.23.1″ _module_preset=”default” custom_padding=”30px|60px|30px|60px|true|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”20px|20px|20px|20px|true|true” border_color_all=”gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00″ border_width_right=”5px” global_colors_info=”{%22gcid-11d3dbbb-f6dc-4fb8-929b-9d6994368d00%22:%91%22border_color_all%22%93}”][et_pb_column type=”4_4″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_id=”commercialinsurance” _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ custom_margin=”||25px|||” global_colors_info=”{}”]
Commercial Insurance<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”||24px|||” global_colors_info=”{}”]A C & E Commercial Underwriting Managers (Pty) Ltd have the underwriting expertise and experienced staff who can add value to our existing and new clients in this arena \u2013 Commercial insurance offering also complements our current products whilst diversifying our portfolio and providing a new opportunity.\n\nA C & E Commercial can accommodate all small to medium commercial and corporate accounts and can offer a full spectrum of Commercial product lines including:\n\nFire, Building Combined, Office Contents, Business Interruption, Accounts Receivable, Theft, Money, Glass, Fidelity guarantee, Public Liability, Group Personal Accident Goods in Transit, Business All Risk, Accidental Damage, Employers Liability, Stated Benefits, Motor, Motor Traders, Electronic Equipment and Machinery Breakdown.\n\nWe are confident that we will establish a strong market presence with a platform for growth and have the ability to write this class of business in a fair and reasonable manner to the benefit of our clients.[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”370215ba-7ba1-480b-b629-e95440c777ec” header_3_text_color=”#CAB6A1″ header_3_font_size=”16px” custom_margin=”||25px|||” global_colors_info=”{}”]
AC&E Commercial-Flexi<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]
Contact a member of our A C & E Commercial marketing team to discuss this in more detail, and if required, arrange training on our exciting products.<\/p>\nOur Brokers<\/h3>[\/et_pb_text][et_pb_text _builder_version=”4.24.3″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” global_colors_info=”{}”]
Diamond Insurance<\/h3>[\/et_pb_text][et_pb_text disabled_on=”off|off|off” _builder_version=”4.27.6″ _module_preset=”5a98cf7b-c83b-4a40-8f36-0906c3a1b63f” text_text_color=”#FFFFFF” custom_margin=”||24px|||” global_colors_info=”{}”]
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Our Purpose and Intention – <\/b>We operate within South Africa’s regulated insurance environment and have developed Diamond Insurance Solutions for clients who seek insurance arrangements guided by Islamic ethical principles, including fairness, transparency, and an interest-free approach.<\/p>\n\n
1. Rib\u0101 (Interest) – <\/b>Islam strictly prohibits earning, paying, charging, or benefiting from interest.
Accordingly, our structure does not pay or accept interest in relation to premiums or claims.
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2. Excessive Uncertainty (Gharar) – <\/b>In certain classes of business, loss or damage is foreseeable and, in many cases, inevitable over time. Our Islamic\u2011Conscious approach recognises this reality, and therefor there would never be excessive uncertainty. Insurance contracts issued by AC & E clearly define risk, cover, premiums, exclusions, and claims processes in writing. This reduces ambiguity and supports fair outcomes, in line with FSCA Treating Customers Fairly principles.
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3. Gambling (Maisir) – <\/b>Some scholars regard conventional insurance as akin to gambling. At AC & E, losses are anticipated and responsibly provided for, through treaty arrangements with reinsurers \u2014 where the contributions of many support the losses of the few.
Our promise:<\/b> Policy wordings are carefully structured, clearly agreed upon, and reduced to writing, ensuring claims are paid as promised and without ambiguity.
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4. Profit and Responsibility \u2013 <\/b>Any profit earned is responsibly applied:<\/p>\n<\/div>\n\n
This is an insurance solution designed according to Diamond principles, available to anyone who values ethical and interest-free insurance structures.<\/b>
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Shariah Compliance & Product Positioning<\/b>
AC&E’s Diamond Insurance Solutions are developed with reference to Islamic ethical principles and a commitment to interest-free administration. These products are not certified as Shariah-compliant, are not Takaful products, and are not overseen by a Shariah Supervisory Board.
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Islamic\u2011Conscious Insurance Disclosure<\/b>
We acknowledge and emphasise that all products offered by AC & E are conventional insurance products, lawfully licensed and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa and governed by South African Insurance law.
AC & E insurance products:<\/div>\n\n
Office Hours<\/h4>[\/et_pb_text][et_pb_text _builder_version=”4.23.4″ _module_preset=”cba66175-de2d-4b78-acd4-851265c4488a” text_text_color=”#FFFFFF” text_orientation=”center” custom_margin=”||49px||false|false” global_colors_info=”{}”]
affiliates<\/h4>[\/et_pb_text][et_pb_image src=”https:\/\/www.engineeringace.co.za\/engineeringace\/wp-content\/uploads\/2024\/04\/cropped-raw-lavendr-small-flower-copy.png” title_text=”cropped-raw-lavendr-small-flower copy” url=”https:\/\/lavendercleaning.co.za” url_new_window=”on” align=”center” _builder_version=”4.24.3″ _module_preset=”default” max_width=”40%” max_width_tablet=”” max_width_phone=”59%” max_width_last_edited=”on|desktop” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/www.engineeringace.co.za\/engineeringace\/wp-content\/uploads\/2024\/01\/AC-E-Group-LOGO-GG-copy.png” title_text=”AC & E Group LOGO GG copy” align=”center” _builder_version=”4.27.4″ _module_preset=”default” width=”100%” max_width=”100%” max_height=”129px” global_colors_info=”{}”][\/et_pb_image][et_pb_image src=”https:\/\/www.engineeringace.co.za\/engineeringace\/wp-content\/uploads\/2025\/09\/Picture-1.png” title_text=”Picture 1″ align=”center” _builder_version=”4.27.4″ _module_preset=”default” width=”100%” max_width=”100%” max_height=”129px” global_colors_info=”{}”][\/et_pb_image][et_pb_image src=”https:\/\/www.engineeringace.co.za\/engineeringace\/wp-content\/uploads\/2024\/07\/SAUMA-Member-Logo-copy.png” title_text=”SAUMA Member Logo copy” align=”center” _builder_version=”4.27.4″ _module_preset=”default” max_width=”50%” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.6″ _module_preset=”37b74fc4-e253-4d73-a3a5-91117a8a87f4″ header_4_text_color=”#CAB6A1″ text_orientation=”center” custom_margin=”||7px|||” locked=”off” global_colors_info=”{}”]
Contact Info<\/h4>[\/et_pb_text][et_pb_text _builder_version=”4.23.1″ _module_preset=”cba66175-de2d-4b78-acd4-851265c4488a” text_text_color=”#FFFFFF” link_text_color=”#FFFFFF” text_orientation=”center” custom_margin=”||21px|||” locked=”off” global_colors_info=”{}”]Head Office (Johannesburg)[\/et_pb_text][et_pb_text _builder_version=”4.23.1″ _module_preset=”cba66175-de2d-4b78-acd4-851265c4488a” text_text_color=”#FFFFFF” link_text_color=”#FFFFFF” text_orientation=”center” custom_margin=”||13px|||” locked=”off” global_colors_info=”{}”]
\nBedfordview, 2047<\/p>[\/et_pb_text][et_pb_text _builder_version=”4.23.1″ _module_preset=”cba66175-de2d-4b78-acd4-851265c4488a” text_text_color=”#FFFFFF” link_text_color=”#FFFFFF” text_orientation=”center” custom_margin=”||10px||false|false” locked=”off” global_colors_info=”{}”]