Consort Technical Underwriting Managers Profile
WHO WE ARE
Founded in 1999, Consort Technical Underwriting Managers (Pty) Ltd has, collectively, over 200 years of professional Construction and Engineering Insurance experience. The Company’s reputation in the local and international markets is recognised as a leading brand and is reflected in the steady growth achieved through our Financial Service Providers.
Since our establishment, we have developed and maintained a culture of honesty, quality, reliability and fairness. We always prioritise our client’s needs and are constantly striving to enhance and focus on quality products and services. Tailor-made solutions coupled with professional advice are key to our success as one of the top Construction and Engineering Underwriters in the South African insurance market.
With Consort’s impeccable reputation in the Construction and Engineering Insurance industry, we are proud to be supported by some of the world’s largest S&P A-Rated Reinsurers.
WHAT WE DO
With the synergy & support of our Principal & Associate partners, Consort underwrites the following classes of Engineering insurance on behalf of Lombard Insurance Company Limited.
- Contract Works Insurance incorporating Contractors All Risks (CAR) & Erection All Risks (CAR)
- Electronic Equipment (EE) Insurance
- Plant All Risks (PAR) Insurance
- Construction Industry Public Liability (CIPL) Insurance
- Machinery Breakdown (MB) Insurance following…
- Business Interruption (BI) Insurance
- Deterioration of Stock (DOS) Insurance
- Works / Extraneous Damage (WD) Insurance
PLEASE NOTE
Due to compliance and the regulatory environment under which we operate, we are not permitted to give advice nor sell any of our insurance products directly to our clients or potential clients. We therefore need to ask that you please make contact with an accredited Short-Term Insurance Financial Services Provider (FSP) / Intermediary. If you currently do not have an FSP / Intermediary, you are welcome to call upon us and we will do our best to arrange one of our accredited FSP’s / Intermediaries to assist you.
Consort Technical Underwriting Managers (Pty) Ltd (FSP 2273) underwritten by Lombard Insurance Company Limited (FSP 1596) an Insurer licensed to conduct non-life insurance business.
Latest News by Engineering News
Municipalities spend 22% of budget in the first quarter of the 2024/25 financial year
The National Treasury, on December 20, published the local government revenue and expenditure report for the first quarter period from July 1 to September 30, which showed that aggregate spending...
SME business-building MoMo chatbot reaches 1m entrepreneurs in Côte d’Ivoire, Uganda
About one-million small businesses in Côte d’Ivoire and Uganda have digitised their operations, increased the use of digital financial services and accessed digital marketplaces through the MoMo...
Prosus chair’s trust sells €156m of shares for hotel growth
A family trust linked to Koos Bekker — one of South Africa’s richest people — sold about €156-million of shares in Internet investing giant Prosus to fund building operations at hotels in South...