Lion of Africa Insurance Company takes its name from its attitude to
insurance provision in the South African market. The company is one of the
emerging modern types of South African insurers - it was founded in 1999, making
it a relatively new kid on the block.
Lion of Africa Website The Lion of Africa website provides a breakdown of their products as well as contact details
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One of the primary characteristics of this sort of company, which this one
has, is the creation of insurance packages that suit all sectors of the
community, especially the previously disadvantaged communities, in line with
black empowerment principles. The overall idea is to provide insurance to those
sectors of the community that have in the past not had access to insurance for
one reason of another - be that risk profile or affordability.
Lion of Africa was established collaboratively by financial powerhouse
Santam Limited, Commlife Holdings and listed empowerment company, Brimstone
Investment Corporation.
Having achieved an "A" rating from the Global Credit Rating agency for its
risk profile and ability to pay claims, Lion of Africa has firmly established
itself in its market and is has the highest rating of any South African
short-term insurance company that is wholly run on black empowerment
priniciples.
A nationally based operation, with offices in all the major centres, the
company is able to offer a selection products to a variety of business types -
be that commercial businesses, large corporations and parastatals - as well as
to individual clients. The head office, situated in Johannesburg looks after all
the administrative functions, plus underwriting and analytics. This leaves the
regional branches free to focus on servicing clients and selling and marketing
the insurance products.
Corporate products on offer include a range of cover options, with products
like liability insurance, business interruption protection, and fire and theft
cover. There are also products aimed at specific industries, especially the
engineering and marine industries. Comprehensive cover is also available for the
commercial sector in general. Individual personal insurance is also available -
specifically household insurance and personal liability insurance. These
products can be individually tailored to suit specific needs.
PRODUCTS
- Lion Corporate Solution
Tailored to specific requirements of large corporations
- Lion Local Authority Solution
Aimed to cover risks of local government organisations
- Lion Marine Solution
Specialised marine solution products
- Engineering Solution
Can be taken alone or as part of a commercial insurance package
- Lionshare Classic
Offering comprehensive household insurance covering home, contents,
valuables and vehicles, as well as a range of emergency situations
- Lionshare Select
This policy is similar to Classic, but allows the policy holder to pick and
choose which options they`d like, thereby controlling the costs better.
BEE AND CSI INFORMATION
Lion of Africa is created along the dual pillars of commercial success and
economic empowerment. The company also supports various initiatives aimed at
alleviating the impact of HIV/Aids in various underprivileged communities around
the country.
CONTACT DETAILS
Head office Tel: 011 645 1900
Head office Fax: 011 645 1952
Personal Lines Quotations and Claims: 0860 1027 24
URL: www.lionsure.com