LLOYDS SOUTH AFRICA (PTY) LTD
Insurance in Sandton

Lloyd’s City Risk Index 2015-2025 is based on original research produced for Lloyd’s by the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School. Its calculation combines the likelihood of events occurring during the period 2015 to 2025 with the loss of GDP that would result. Regions The 301 cities are grouped into ten regions based on Lloyd’s interpretation of the United Nations Geoscheme. Lloyd’s City Risk Index 2015-2025 is a product of a research collaboration between Lloyd’s and the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School. Lloyd's is authorised under the Financial Services and Markets Act Edward Lloyd's coffee house became recognised as the place for obtaining marine insurance and this is where the Lloyd’s that we know today began. From those beginnings in a coffee house in 1688, Lloyd’s has been a pioneer in insurance and has grown over 325 years to become the world’s leading market for specialist insurance. On the following pages you can learn about Lloyd's unique and colourful past, from its early days in Edward Lloyd’s coffee house, to the historical events that changed the face of Lloyd's forever. Over the past 325 years Lloyd's has become the world’s leading market for specialist insurance. As a market that specialises in unusual risks, Lloyd’s has insured some fascinating things over the years. It’s only when a claim arises that the true quality of any insurer is properly tested; and time and time again, Lloyd’s has risen to challenges of the most extreme kind. From sea vessels to spaceships, body parts to natural catastrophes. An astonishing number of inspired and far-sighted thinkers have played their part in the history of the Lloyd’s market. To be the global centre for specialist insurance and reinsurance. It was first set almost five years ago, and is reviewed annually in the context of the macro-economic and industry environments. There are eight strategic priorities which are either key to the delivery of Vision 2025, or are critical to the ongoing successful performance of the market. Roles of the different market participants in delivering the strategy. Our unique insurance market has an unrivalled concentration of specialist underwriting expertise and every day, more than 50 leading insurance companies, over 200 registered Lloyd’s brokers and a global network of over 4,000 local coverholders operate in and bring business to the Lloyd’s market. The business written at Lloyd’s is brought to specialist syndicates, who price and underwrite risk, via brokers and coverholders. This kind of collaboration, combined with the choice, flexibility and financial certainty of the market, makes Lloyd’s the world’s leading insurance platform. But in an unpredictable global climate, Lloyd’s underwriters must also rely on their experience and industry knowledge to cast light into the darkness ahead. Behind the Lloyd’s market is the Lloyd’s Corporation, not itself an insurer but an independent organisation and regulator that acts to protect and maintain the market's reputation and provides services and original research, reports and analysis to the industry’s knowledge base. Under one globally trusted name, the Lloyd’s market and Lloyd’s Corporation work together to protect your interests, promote economic growth and underwrite human progress. The majority of business written at Lloyd’s is placed through brokers who facilitate the risk-transfer process between clients (policyholders) and underwriters. The Corporation oversees and supports the Lloyd’s market, ensuring it operates efficiently and retains its reputation as the market of choice for specialist insurance and reinsurance risk.