Lombard Insurance Company Limited is a privately owned short term insurance business. Started in 1990 we focus on specialist risk insurance – specifically around construction, customs, fuel and mining rehabilitation guarantees, credit insurance & a specialist UMA partnerships business.
At Lombard, progress isn’t just a goal, it’s in our DNA. We’re dedicated to supporting your business, invested in your success as if our future depends on it – and it does.
Our commitment to service excellence has been time-tested since 1990, and will always be at the heart of what we do – from policy development to claims. Our hands-on philosophy means that you get to deal directly with decision-makers.
Through our speciality focus, understanding of market and sector dynamics, and our partner-centric approach, we are able to develop unique solutions to meet your business specific needs.
Our team of experienced Industry specialists use their knowledge, underpinned by technical underwriting abilities, to understand your business and where you want to take it.
Nurturing lasting relationships with our clients and partners is our priority. We believe it is the basis for our impressive financial credentials, and our reputation of independence and reliability in delivering fast, efficient service.
With A-rated paper, accepted by all relevant principals, and strong reinsurance relationships, we are able to provide the appropriate capacities for the relevant risk. The South African insurance industry has a strong regulatory framework with regulations and supervision typically modelled on international standards.
Lombard is the market leader in fuel guarantees, focused on providing uncompromising service to both our clients and the beneficiaries of our guarantees. We operate open and honestly, meeting with all parties involved regularly to keep you abreast of changing circumstances, market shifts and relevant updates. Our delivery is underpinned by solid underwriting and Lombard are backed by strong global reinsurers, enabling us to facilitate large guarantees anywhere in South Africa. Lombard fuel guarantees are accepted by all major fuel suppliers in South Africa.
Our philosophy is to invest with our partners – being involved in truly understanding your business, improving the efficiency of the supply chain (especially for the client), as well as acting as an early warning system for the supplier (beneficiary) around the financial wellbeing of the client.