First elimination in Insurance Apprentice 2016

By Myra Knoesen, FAnews

Having been introduced to the eight apprentices in the first episode ‘Meet the Apprentices‘, the tasks for The Insurance Apprentice 2016 begin.

In the second episode, the apprentices headed to the boardroom where Judge Theo and his fellow panel members for the day, Simon Colman, Underwriting Executive at SHA and, Vuyo Lee, Group Executive; Brand and Corporate Affairs at MMI Holdings, deliberated on the first task for the day and their expectations of the assigned teams.

Liability at hand Readers are in for some entertainment in episode two of The Insurance Apprentice as we see pie loving entrepreneur, Mr Kack, assign brokers to provide liability based covers for his company ‘Kack Builders’.

The first task for the day, sponsored by SHA, required the apprentices to give client feedback on risk mitigation and liability using SHA’s cutting edge broker sales tool, the Pocket Underwriter.

The elimination factor
As Colman and Lee kept a watchful eye on the apprentices, ideas where shared and strategies were drawn.

Given that the apprentices all have various skills and knowledge, team effort took centre stage as the prep for presentations began. Bearing in mind that in the losing team one apprentice would be eliminated, the pressure was on.

Up to the boardroom, the teams’ anxiously began their presentations to the client. Team one, known as the Comprehensive Risk Consultants (CRC), consisted of Alicia Narainsamy, Andre Brooks, Celina Bhima and Chris Caalsen. And team two, known as Specialist Risk Solutions (SRS) consisted of Karabo Kopeka, Priya Govender, Richard Cunliffe and Unathi Ntengo.

Did they win the judges over? Which team won? Who were the weakest links and which apprentice fell victim to elimination?

Watch it here
Hear the verdict and what Judge Theo had to say in episode two ‘Litigation Risk’: part 1 and  part 2.

We remind you to stay tuned in the weeks ahead and look out for the episodes as they will be released every Friday.

Supporting skills development
This year the official sponsors are ACE Insurance South Africa, Aon South Africa, Centriq Insurance, CN&CO, FNB Insurance Brokers, Hollard, Insurance Institute of South Africa (IISA), Innovation Group, Inseta, Insure Group, Lloyds of London, Marsh Africa, Milpark, MUA, Norton Rose Fulbright, Price Forbes, PWV Insurance Brokers, Sasria, Smashbox South Africa and SHA.

The winner of The Insurance Apprentice 2016 will walk away with a fantastic prize of a trip to Lloyds of London, sponsored by Lloyds of London and a bursary, sponsored by Inseta, to further their studies. Three of the eight participants will also get the privilege of being sponsored online short-courses from the list of available courses across Milpark Education.

Stay tuned
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