Seamlessly ahead

Between risk and jeopardy lies the golden thread of business continuity.

Most companies and risk managers have in the past kept their sole focus on insurance against small and medium-sized businesses, whilst well-established blue chip companies were considered to be low risk. But the large number of listed companies that have gone into liquidation over the years has since demonstrated a huge gap in the field of Credit Insurance.

For this reason, the pendulum has now swung to more tailor-made solutions aimed at managing credit risk in structured corporate governance programs.

But Lombard’s tradition of offering specialized services in many areas of industry and philosophy of catering for the needs of every individual entity, has kept us seamlessly ahead as that vital link between clients and their suppliers. We strive to form partnerships with our policyholders that facilitate the delivery of high quality, non-restrictive, domestic and export credit insurance policies.

Continuity

Lombard Credit Insurance keeps you moving seamlessly ahead to get you to greatness faster.

The continuity of any business, whatever size, is dependent on the availability of a product that specifically addresses the real risks posed by bad debt losses.

Here’s how the Lombard Credit Insurance facility keeps you on course:

Solid Credit Insurance:

• Risk protection against non payment
• Better financing due to added security to finance providers
• Increased sales by enabling you to sell more goods to new and existing clients while substantially reducing overall risk
• Increases your buying power
• Increases your credibility
• Significantly enhances your relationship with your suppliers

The Lombard Approach - Unlike No Other:

• Customised excess of loss structures, allowing for lower risk premiums
• Reduced policy administration
• Freedom to make credit assessment decisions
• Higher levels of insurance cover
• Tailor-made policy design
• Personal service

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.

Export Credit Insurance

Through our partnerships with some of the most prominent credit insurance companies in the world we are able to offer credit insurance to companies based in South Africa who export their products worldwide. Not only does this have the obvious benefit of reducing the risk of non-payment but also increases their competitive advantage as they are able to compete on equal terms throughout the global village.

Brokers and Strategic Partnerships

Lombard Insurance Company has agreements in place with all the specialist credit insurance brokers and regards them as strategic partners in our business.