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

[Victor Ndonnang]

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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