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Lion of Africa Insurance Company Limited

Lion of Africa Insurance Company, formed in August 1999, is an established, growing insurance brand on the South African insurance landscape. It represents a new breed of insurer, founded on the premise of empowerment and the provision of insurance solutions for all South Africans.

Lion of Africa has adopted an ethos that marries the mutually reinforcing values of commercial success and empowerment. We believe we can make a significant contribution to the creation of a prosperous and empowering South Africa by delivering quality insurance risk services to our customers through all viable distribution channels.

We are a subsidiary of the Lion of Africa Holdings Company (Pty) Limited, which is controlled by listed empowerment company Brimstone Investment Corporation Limited and Commlife Holdings (Pty) Limited.

The company is the highest rated black short term insurer in South Africa in terms of its claims paying ability and risk profile, which has been ranked as "A" by ratings agency Global Credit Rating.

Its customer base comprises the commercial, corporate, personal and parastatal market segments, where its cost efficient delivery system allows it to accrue the benefits of a new, more assertive socio-political climate.

Operating through a centralised head office in Johannesburg, an executive team controls four regional offices in Johannesburg, Cape Town, Durban and Pretoria. The head office unit focuses on the delivery of core services including technical underwriting and claims support, human capital, finance functions and management of outsourced services and suppliers. Branch offices focus on sales and managing customer relationships.
 

Company Press Releases » Lion of Africa honoured at 11th Oliver Empowerment Awards 09 May 12 | Read More »     Adam Samie, CEO Lion of Africa Insurance Company Limited             Leading short-term insurer, Lion of Africa Insurance, was recently awarded the prestigious Diversity Award at the 11th Oliver ... You cannot predict a disaster – but you can protect against it 01 May 12 | Read More » It is not possible to predict a catastrophic event. In order to prevent devastating financial losses in the event of an unpredictable event, corporates are urged not to become complacent when it comes to protecting their businesses. This is according to Anwa Adams, ... Supply Chain Management – Embracing technology at the Lion of Africa Insurance Company 16 Apr 12 | Read More » By Johan Nel, Manager: Operations Automisation and integration of procurement processes within the greater ambit of the company’s IT architecture is definitely the way to go and will soon become imperative to an effective supply chain management operation within ... SA businesses urged to secure their premises over Easter season 03 Apr 12 | Read More » South African business owners are urged to take adequate measures to ensure that they are protected from the increased security risks associated with closing a business during the Easter season and other holidays. This is according to Adam Samie, CEO of Lion of ... Ship and cargo owners urged to protect themselves against major piracy risks 01 Mar 12 | Read More » The recent piracy attack on the MV Free Goddess, a Greek-owned bulk carrier worth over $ 8 million, once again highlights the need for ship and cargo owners to safeguard both their assets and people through an effective risk management strategy. The increasing number ... 2012 Budget focus should not be on allocation of funds but how funds will be spent to achieve true economic value 17 Feb 12 | Read More » By Adam Samie, CEO of Lion of Africa Insurance   For onlookers within South Africa’s financial service sector, the delivery of the 2012 Budget Speech by Finance Minister Pravin Gordhan next week will be interesting, not from the point of where funds will be ... Businesses urged to avoid major financial loss in fire season 2012 19 Jan 12 | Read More » Over 200 people have been left homeless and at least 2 other people have died in recent widespread fires in the Western Cape. As temperatures look set to remain high through to March, the importance of businesses adhering to fire safety regulations is once again in the ... Businesses urged to comply with fire safety regulations or face severe consequences 12 Oct 11 | Read More » Recent incidences of shopping malls found to have inadequate fire-safety standards in place have highlighted the importance of businesses adhering to fire safety regulations. South African businesses are urged to comply with fire regulations or bear the risk of major financial ... Green building developments in SA could impact insurance premiums 29 Sep 11 | Read More » Green Buildings are a relatively new environmental concept. As such, the risks from an insurance point of view remain somewhat undefined – however, insurers and intermediaries are urged to familiarize themselves with the industry and the potential risks associated ... Uninsured KZN tanker highlights financial implications for marine industry players 03 Aug 11 | Read More » The recent announcement that the cost for salvaging the uninsured stranded oil tanker, MT Phoenix, in Durban is estimated at over R30m highlights the potential devastating financial impact for players in South Africa’s growing marine sector. This is according ...