Page 9 - issue 26

Feature 9

Consideration, with large contracts,
should be given to requiring project
specific Professional Indemnity cover
with an adequate limit and run off
period following the completion of the
project.

Nobody can predict exactly what the
future has in store but to this end
we have a specialist division that is
continually developing new products to
keep abreast with the evolving needs of
both commerce and industry of which
engineering, mining and construction
forms a part.

The Chief Executive Officer in relation
to the future of BIC in terms of Insure
Tech said that BIC continuously searches
for new types of innovative technology,
including AI (Artificial Intelligence), new
devices and new integrated software
that makes life better for our staff and
customers. Its all about the Customer
Experience and Cost to Serve, these two
factors, alongside the need for business
sustainability are the main drivers of
innovation. BIC has won a reputation
in the Botswana market as an insurer
that finds a reason to pay a valid claim,
not ways to repudiate it. We want
customers to experience the benefits
of insuring with BIC, and to be able to
“Trust the Bull”.
“ Contactors,

Engineers and
Principals are not
insurance specialists
hence there is a
need for closer

cooperation with
insurance specialists at
various times during a
contract’s life span.

www.engineermagazine.co.bw Issue 26 Feb-Mar 2020