Lombard Insurance offers extensive financial protection products to
corporations operating in a variety of industry sectors, including the mining,
construction, energy and freight industries. Part of the Hollard Group of
financial services companies, Lombard Insurance specialises in tailor-made
solutions for the different needs of their clients. Its superior levels of
consumer service have been recognised with an A+ rating on its claims payments
management from the Global Credit Rating Company.
The Lombard website provides access to its online services and forms as well as the products they have to offer
Lombard Insurance specialises in guarantee requirements for
infrastructure service suppliers like General and Commercial Bonds for
utilities, the freight industry, education resource providers and importers and
exporters. The company employs the full range of its local and international
expertise in assessing the liabilities of such risk cover. It has a no-nonsense,
integrated approach to facility provision at competitive rates and is fully
equipped to manage all aspects of your company`s risk insurance needs.
Even large and multi-national corporations experience debt and cash flow
problems in these volatile markets and these problems can be passed onto your
company in the form of your own bad debt concerns. The company offers a credit
insurance policy for clients` debtors and also ensures cash flow to protect
incomes and operations. There is also a policy available to cover your company`s
overseas exports so you can manage your international clients and finance
Mining is one of South African`s largest industries, both in the size of its
turnover and the number of people it employs. And while the country enjoys
considerable mineral wealth, it also has a rich natural bio-heritage and is
ranked as the third most bio-diverse country in the world. The 2004 Minerals and
Petroleum Resources Development Act mandates a mining or prospecting company to
abide by various environmental management oversights and policies. On behalf of
its mining company clients, Lombard Insurance provides the Department of
Minerals and Energy with rehabilitation guarantees.
You can visit any of the company`s offices, call a broker or access its
online services for further information about Lombard Insurance offerings.
- General and Commercial Bonds
Full spectrum of guarantee facilities for industries such as: clearing and
freight, fuel, utilities and importers and exporters.
- Construction Bonds
A construction guarantee for large and developing companies to guarantee for
bids, retention, performance guarantees, advance payments and more.
- Mining Bonds
A rehabilitation guarantee for mining companies` land rehabilitation
programmes in accordance with mineral resource development legislation.
- Trade Credit
Risk cover for bad debt and cash flow management.
- Trade Finance
Credit finance for raw materials and manufacturing products and includes
payment guarantees to local and international suppliers.
- Deposit Advantage
A financial guarantee for buying property that avoids the need for an
upfront cash deposit and gives you the benefit of paying the full purchase
price only upon transfer of the property.
BEE AND CSI INFORMATION
Lombard forms part of the Hollard Group of companies and is included in the
Group`s BEE rating. Hollard has an Empowerdex FSC BEE rating of "A".
Ground Floor, Building C
Sunnyside Office Park
2 Carse O`Gowrie Road
P O Box 2740
Tel: +27 (0) 11 - 551 0600
Fax: +27 (0) 11 - 551 0603