Lombard Insurance Company Limited was registered on 2 March 1990 as a specialist insurance company operating largely in the guarantee market and in credit insurance. It is a member of the Hollard Group of companies. Lombard was formed by George Lombard who retired as managing director on
31 December 2003.
Recognised and respected for its expertise and superior products, Lombard has impeccable financial credentials and enjoys a reputation for independence, reliability and exceptional client service. We encourage innovation and have therefore been proactive in developing tailor-made solutions to suit the varying needs of our extensive client base, as well as the development of products and services for
new markets.
Internally, we have fostered an ethos of pride and loyalty and are committed to sound underwriting standards. This leads to us developing secure, long-term relationships with clients based on mutual respect and support.
Lombard similarly recognises the value of maintaining solid relationships with re-insurers, intermediaries, principals, consultants, bankers, shareholders and various statutory and regulatory authorities as stakeholders in its operations. We approach all relationships with a partnership mindset.
CAPACITY
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. Lombard also has the capacity to operate, on behalf of South African based clients, outside
South Africa.
The ability to operate on a global perspective is a direct result of the reputation and respect we have earned from 14 years in the industry.
BEE STATUS
Lombard forms part of the Hollard Group of companies and is rated for BEE as such. Hollard has an Empowerdex FSC BEE rating of “A”.
PARTNERSHIPS
Lombard believes in establishing partnerships with other businesses that share our common goals and desire to achieve. To learn more about our existing partners, please click here. For more information about becoming a Lombard partner, please contact Peter Gordon.
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