Guardrisk Insurance Company Ltd
| Tel: 27 11 669 1000 |
| Fax: 27 11 669 1931 |
Address:
4th floor
Alexander Forbes Place
90 Rivonia Road
Sandton
2146 |
Postbox:
PO Box 786015
Sandton
2146 |
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape. |
Licence:
Accident & Health
Engineering
Guarantee
Liability
Miscellaneous
Motor
Property
Transportation
|
How Guardrisk helps clients
Strategic study
Guardrisk helps companies insure and finance their risk exposures efficiently by undertaking a strategic study of the risk exposures and engineering solutions to manage and finance them.
A three-part solution
The result is a three-part solution which enables the client to determine how much to spend on:
- preventative measures
- predictable risk
- catastrophic risk
The cell concept
The cell concept enables clients to insure their risk exposures through an equity participation in Guardrisk known as a "cell".
Cell captives provide underwriting, reinsurance, claims management, investment and accounting functions to clients (cell owners) who effectively enjoy all the benefits of owning their own insurance company without the inherent cost and administrative implications.
This keeps costs down and gives clients access to a broad base of insurance skills and benefits traditionally enjoyed by short-term insurers. |
