Professional Risk Underwriters Africa provides Combined General Liability and Professional Indemnity classes of Insurance in South Africa and into Africa. Cover is available on a Primary, Excess layer or Umbrella basis.
We are focussed on creating longstanding partnerships with clients and intermediaries / brokers to ensure the best, and more importantly correct, cover is provided. We realise every business is different and has unique needs when it comes to the right insurance Policy (or Policies).
In addition to providing tailor made solutions for clients, as we are a coverholder at Lloyd’s we can access additional Open Market Capacity for those risks that require Limits in excess of those that we can provide in terms of our authorities.
Whilst our focus is on the Small, Medium and Micro Enterprises (SMME’s), we have the skill, expertise and capability of writing larger and more complex risks.
In association with the intermediary / broker, we become a part of our clients’ business strategy. We believe that we can form longstanding partnerships and help grow our client bases together.
Our rating structures are competitive with the Market and done on a per risk basis. We assess each risk on its individual merits.
We are an authorised coverholder at Lloyd’s and a division of Natsure (Pty) Ltd. What this means is we have a binding authority from Certain Underwriters at Lloyd’s (Amlin and Marketform) and write business on their behalf.
Natsure (Pty) Ltd provides back office support; however the staff of Professional Risk Underwriters Africa are responsible for marketing, underwriting, issuing documentation, claims etc.
The structure of our Binding Authorities are as follows:
Certain Underwriters at Lloyd’s, placed with the following Syndicates:
General Liability – 100% Amlin Underwriting Limited, Syndicate 2001
Professional Indemnity – 50% Amlin Underwriting Limited, Syndicate 2001 (Lead) / 50% Marketform Managing Agency Limited, Syndicate 2468
Lloyd’s of London:
A rating from A.M. Best
A+ rating from Standard and Poor’s
AA- rating from Fitch
We are an approved Coverholder at Lloyd’s. For more information on Lloyd’s please visit www.lloyds.com/Africa