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Sunridge Park, 62 Wierda Road East, Wierda Valley, Sandton
GPS co-ordinates: X: 28.059597,Y: -26.11142
Lion of Africa is one of the rare animals you’ll see on the Johannesburg Stock Exchange. One of the leading short-term insurance companies in South Africa, Lion of Africa specializes in commercial and personal lines insurance and is the largest insurer to the local authorities sector.
The company began operations in 1999 and is a subsidiary of Lion of Africa Holding Company owned by Brimstone Investment Corporation Limited; also listed on the JSE. The company provides commercial and personal lines insurance, but specializes in marine and engineering insurance.
The company’s corporate insurance caters for each company’s individual risks. Their current list of clients includes many JSE-listed corporations as they cater for a range of large-scale risks, such as fires at petrol refinery plans, or derailment of moving cargo. Lionsure, does however, provide standard business insurance policies such as buildings insurance, equipment insurance and interruption insurance.
Lion of Africa specializes in marine insurance which covers goods in transit by truck, when goods are loaded and when they are being transported. The cover also includes ships for those business in maritime and not only those that make use of such, such as hull insurance. The cover is customized according to the needs of the client.
Engineering, to Lionsure, ranges from civil engineering to electronic equipment. Their policies cater for businesses in engineering fields as well as server rooms, laptops and contractor’s equipment. In fact, their policies covered five of the six stadia built for the 2010 World Cup.
As with all short-term insurance companies in personal lines, Lion of Africa’s private insurance covers individuals buildings, vehicles, home contents and special all risk items, such as jewelry, cell phones and sports equipment.
Covering motor claims, liability, fire and breakdowns in electricity, Lion of Africa is the largest insurer of local authorities. Each policy is customized to suit the municipality, catering for their risks on a large scale.
For more information on Lion of Africa, visit their site (or the JSE). Alternatively get a quote for business or personal insurance by filling our online form (unless you’re a local authority).
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