Lloyd’s is the world’s specialist insurance and reinsurance market. With expertise earned over centuries, Lloyd’s is the foundation of the insurance industry and the future of it. Led by expert underwriters and brokers who cover more than 200 territories, the Lloyd’s market develops the essential, complex and critical insurance needed to underwrite human progress. Backed by diverse global capital and excellent financial ratings, Lloyd’s works with a global network to grow the insured world – building resilience for businesses and local communities and strengthening economic growth around the world.
Consort Technical Underwriting Managers is registered as a Lloyd’s Coverholder and holds both a Construction and a Construction Plant and Equipment Binder, both of which are underwritten by certain underwriters at Lloyd’s. Lloyd’s approval was obtained as a result of Consort’s highly experienced team, as well as a strong track record of Engineering underwriting in the South African market. Through the utilisation of this Sovereign rated capacity, which meets the requirements of international lenders, and following the successful establishment of a profitable book of business and the development of expertise, Consort now looks to develop existing and pursue further opportunities beyond South African borders.