Consort Technical Underwriting Managers underwrite and manage all classes of engineering insurance on behalf of Lombard.

As a result of their proven track record of sound underwriting, their capacity has been progressively increased to a level where they are afforded the opportunity to participate in, and take a major share of, all types of engineering risks.

Their vast experience and professional approach set them apart as a provider in the engineering insurance arena.

FMI have operated in the income protection sector for over twelve years with a particular focus on temporary income protection.

FMI understands the importance of this critical cover and has been refining their products and services during this time to provide their clients with ethical and innovative policies.

Founded in 1991 by Simon Leppard, Leppard Underwriting specialise in Professional Indemnity and Broad Form Liability insurance products.

The quality of underwriting and professionalism has resulted in a deep rooted trust of the skill and performance of Leppard Underwriting. This is reflected in the substantial and unique authority levels enjoyed by Leppard Underwriters.

PinnAfrica is the benchmark of excellence and only true partner in consumer credit insurance solutions. PinnAfrica is recognized for its personal approach and excellence in providing innovative products, services and solutions in the consumer credit insurance and related markets.

PinnAfrica specialises in consumer credit insurance, and continues to build profitable portfolios of business with its partners through core competence of innovative product development, world class processing and administration solutions.

HCV is now one of South Africa’s heavy, medium and light commercial vehicle underwriting managers of choice.

HCV services the needs of the trucking industry through its partnership with Lombard by the provision of a range of insurance products designed to take care of all types of commercial vehicles from trucks to plant items, the loads they carry and most importantly their drivers as well.

PFS provides finance for annual short term insurance premiums and operates as follows: - The client signs minimal loan documentation allowing for the finance of both renewal business as well as debit and credit endorsements during the period of the loan. Gross premiums financed are paid to the Broker ( in terms of Section 45 of the Insurance Act) and repayment of the loan is collected by way of debit order directly from the client’s bank account.

Lombard Life

Lombard Life seeks to change the long-term insurance industry by meeting customer needs through partners. We prefer to work through partners – aspirant insurers, for example – in niche areas because we believe these entities are best positioned to focus on customer requirements. And this focus is what produces sustainable results.

UMS has been underwriting marine risks for over 20 years and is firmly established as one of the leading marine underwriters in South Africa.

The success of UMS in past years has developed as a result of the application of sound underwriting principals and the focus on loss prevention rather than throwing higher premiums at loss making accounts.

Construction Guarantees

Lombard Construction Bonds carry more than just Financial Value. Our construction guarantees are a professional third party opinion of the contractor overall, particularly of the contractor’s ability to perform successfully in terms of the contract.

In legal terms, our guarantee puts us in the position of co-principal debtor with the contractor and offers peace-of-mind for the beneficiary.

Trade Credit Insurance

A Holistic Product for all your Credit Risk Management needs.

We offer a sound asset protection plan for your biggest asset – your debtor’s book – as well as being an income protector by ensuring necessary cash flow. Your credit insurance policy can also be ceded to a financial institution, to improve the extendable value of the debtor’s book. This results in a larger borrowing base and lower borrowing costs.

With Lombard’s Credit Insurance, certain selling obstacles are removed, exposure is reduced, and trading becomes more disciplined. Above all, our clients enjoy security and peace of mind.

General & Commercial Guarantees

Our range of General & Commercial Guarantees include:

• Performance Bonds
• Customs Guarantees
• Customs Bonds
• Payment Guarantees
• Fuel Guarantees

Mining Guarantees

The Lombard Mining Division provides a welcome alternative that does not unduly encumber assets or tie up significant amounts of working capital as security. It offers the following mining guarantees:

• Mine Rehabilitation Guarantees to the Department of Mineral Resources
• Environmental Rehabilitation
• Premature Closure Guarantees
• Electricity Guarantees to Eskom
• Freight Guarantees to Spoornet
• Fuel Guarantees

Trade Finance

A Business Minded Approach to Conventional Lending

Many young and developing enterprises are beginning to find traditional bank finance no longer sufficient for their highly specialised, individual business needs.

Trade Finance is essentially used to fund the purchase of inventory and raw materials of businesses involved in Trading, Wholesale Distribution and Manufacturing. Trade Finance is suitable for both import and local purchases.

Deposit Advantage offers a no cash down option to buyers who do not have immediate access to the cash deposit required to secure a property or may prefer a more cost effective alternative to using their own cash.

Deposit Advantage now issues a guarantee through Lombard Insurance Company Limited in lieu of the cash deposit that is normally paid to secure a property.

Factory & Industrial offers a combination of risk management, underwriting, research and training. We will ensure at all times, that the client is properly protected and that the insurance covers are adequately placed.

Financing Solutions for the Transport Industry.