Asterism Risk Managers
Insurance in Thulamahashe

Asterism RiskManagers is an independent Short Term Insurance Broking house specializing inCorporate, Commercial and Personal Lines. We advise and arrange necessaryand sufficient insurance contracts in the most cost effective andefficient way between our clients and the Insurance Market.

He is a qualified JSE Junior Dealer through the South African Institute of Financial Markets. Cyril is a Seasoned Broker with an excess of 14 years in the Short-Term in the Insurance Industry. Cyril had the privilege of working on accounts like: Public Investment Corporation, African Bank Limited, Bank of Taiwan, Master currency, Argon Asset Management and NHBRC. Fortune is qualified with a Diploma in Paralegal and a post graduate certificate in Labour Relations through University of Johannesburg. It is our view that the true risk exposure of a business is best known by our clients. We advise that you buy the highest levels of cover they can reasonably afford. However there are certain indicators which will help dictate the right level of cover for all businesses. Some sectors are traditionally more litigious than most, for instance, the pharmaceutical and financial services industries. Individuals responsible for huge business critical projects and or have significant sign-off authority; they may need reasonable amounts of cover because of the position. Most of our customers start off with lower level of cover which they increase as they grows and as their exposure changes. Responsible for billions of Rands and effectively people’s lives, it’s for good reason that the Pension Funds Act places onerous responsibilities on trustees, and they may be held personally liable if their fund suffers a loss as a result of their own actions or failure to act. Effectively this puts a trustee’s entire personal estate at risk and if a judgement goes against them, they could forfeit all their attachable assets. All too often however, the appointed board of trustees does not have the knowledge and expertise to handle the various complexities of the pension fund and third-party service providers are instated to carry out the business of the fund.