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IconNICHE INSURANCE PRODUCTSIconGUARANTEES, SURETIES AND BONDS

Lombard Insurance

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Tel: +27 (0) 11 551 0600
Fax: +27 (0) 11 643 8725
Address:
Ground Floor, Broll Place
Sunnyside Office Park
2 Carse O'Gowrie Road
Parktown
2193
Johannesburg
South Africa
Postbox:
P O Box 2740
Parklands
South Africa
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

Lombard, supported by reputable international re-insurers, is able to provide substantial capacities for all product lines allowing us to support even the largest companies over a full spectrum of industries. The Global Credit rating company has awarded Lombard’s claims paying ability with an “A” rating.

Essentially our products are divided into three categories, namely, Construction Guarantees, Trade Bonds and Credit Insurance:

Construction Guarantees
Since inception, Lombard Insurance's core business has focused on providing guarantees that relate to some form of contractual obligation in the field of construction, engineering and related manufacturing.

Trade Bonds

To enable us to retain focus and thereby maintain high standards of client service we have a separate division that takes care of the guarantee/bond requirements of Importers & Exporters, the Clearing & Freight industry, Freight Forwarders and Transporters.

Credit Insurance
The Credit Division was established in 2000. It is believed that our offering comes with some unique and innovative features. We provide tailor-made credit insurance policies to protect companies against bad debt.

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From The Glossary »

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Contribution:

A basic principle of insurance according to which each of several insurers of the same risk contribute a proportion of loss.
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