[AfrICANN-discuss] Re: AfrICANN Digest, Vol 91, Issue 38

[Calvin Browne]

Victor,

How do your registered accountants practice in Cameroon (public 
liability insurance
being a requirement to do so)?

Perhaps you should go ask one who s/he got their insurance from.

--Calvin

On 29/09/2014 17:02, Victor Ndonnang wrote:
>
> Mwendwa,
>
> It is too easy to simulate the cost than going in the field and try to 
> obtain a real insurance certificate…
>
> If you think, It is not an issue, that’s fine for you. In Cameroon and 
> in many developing countries; It is an issue.
>
> Best regards,
>
> Victor.
>
> *From:*africann-bounces at afrinic.net 
> [mailto:africann-bounces at afrinic.net] *On Behalf Of *Mwendwa Kivuva
> *Sent:* Monday, September 29, 2014 12:57 AM
> *To:* AfrICANN list
> *Subject:* Re: [AfrICANN-discuss] Re: AfrICANN Digest, Vol 91, Issue 38
>
> A commercial General Liability insurance cover of $500,000 will cost 
> around $350/year.
>
>
> ______________________
> Mwendwa Kivuva, Nairobi, Kenya
> twitter.com/lordmwesh <http://twitter.com/lordmwesh>
>
> "There are some men who lift the age they inhabit, till all men walk 
> on higher ground in that lifetime." - Maxwell Anderson
>
> On 29 September 2014 01:39, Nii Narku Quaynor <quaynor at ghana.com 
> <mailto:quaynor at ghana.com>> wrote:
>
>     Yes
>
>
>     On Sep 28, 2014, at 19:40, Dr Eberhard W Lisse <el at lisse.na
>     <mailto:el at lisse.na>> wrote:
>
>         The issue of interaction between Registrars and Registers is
>         the same for old and new Registrars.
>
>         el
>
>         Sent from Dr Lisse's iPad mini
>
>
>         On Sep 28, 2014, at 21:01, Nii Narku Quaynor
>         <quaynor at ghana.com <mailto:quaynor at ghana.com>> wrote:
>
>             Hi
>
>             Just providing additional information
>
>
>             On Sep 28, 2014, at 17:37, "Victor Ndonnang"
>             <ndonnang at nvconsulting.biz
>             <mailto:ndonnang at nvconsulting.biz>> wrote:
>
>                 Dear Remmy,
>
>                 I 100% agree with on the fact that more awareness,
>                 communication and marketing activities are needed…But
>                 the insurance and financial requirements of the ICANN
>                 RAA is not an “non-existing” excuse for developing
>                 countries/African companies willing to become
>                 accredited registrars.
>
>             The insurance and financial requirement are relevant for
>             registrars but there may be additional issues
>
>             - how new registrar will manage account information,
>             authorizations and profile with 1000+ gtld registries. Can
>             you visit 1000 websites and make updates as needed?
>
>             - how registrar to pay money to 1000+ registries (requires
>             prepayment). Can you deposit $1000 in each of 1000 gtld
>             registries ie put deposit of $1,000,000.00 most of which
>             may not use?
>
>             - how to epp connect to 1000+ registries. Can you
>             establish these technical setup a one by one for 1000+
>             registries
>
>             - ot/e testing for over 1000+ registries. Can you
>             physically perform the testing with over 1000+ registries
>
>             etc. as in the paper at ICANN website on the subject.
>             These are new challenges for new registrars in developing
>             countries in addition to competing with numerous resellers ;)
>
>
>
>                 Tell me how many serious companies in Africa can
>                 easily obtain “commercial general liability insurance”
>                 of $500,000? Zero! Most of the 7 active African
>                 accredited registrars became accredited through an US
>                 or European based satellite or partner (…I’m not
>                 saying that partnership is not good)….How many serious
>                 companies in Africa can easily demonstrate the ability
>                 to procure liquid working capital of $70,000? Just to
>                 do a domain name business… Very few.
>
>             The Ghana Dot Com registrar insurance is from Ghana and
>             it's not from a USA partner. It is good business practice
>             to have insurance; the business may impact customers.
>
>             The business also honestly needs more capital than
>             $70,000.00 to succeed
>
>             Bon weekend
>
>             Nii
>
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