Tailored Livestock Insurance Solutions

Maksure Risk Solutions – an Afro-global independent specialist insurance and reinsurance broker, has geared up its livestock insurance offering by investing in solutions for east Africa. The company has spent time in research to understand the pain points for both subsistence and commercial farmers and continues to fine tune its tailored insurance solutions for the region

 

Meet our Managing Director, Mr Simba Makwembere pictured above as he spent time with subsistence farmers in the Massai village in Tanzania, east Africa.

 

The Maksure Risk Solutions livestock insurance product is backed by leading regional and international reinsurers and seeks to address the fundamental risks faced by African farmers. The product covers mortality risk as a result of accident, injury, sickness, or disease as well as catastrophic events due to natural disaster or climatic event which include drought, flooding, natural landslip, earthquake, fire including storm, etc.

“Our thrust is to ensure that the more than 400 000 livestock keeping families across the African continent have access to quality tailor made agriculture insurance that meet their needs” said Mr. Simba Makwembere, Managing Director at Maksure Risk Solutions. “We look forward to increasing the current 750 000 headstock we insure to above 2 million in the next 12 months,” he added.

The product covers a number of livestock which include cattle, goats, sheep, piggery, poultry.

Maksure Risk Solutions is partnering with carefully handpicked insurers to roll out the product in east Africa. The product has been gaining market traction in southern Africa in countries which include Lesotho, Zimbabwe, Zambia, Botswana and South Africa.

For more information regarding this product, contact our Chief Operating Officer, Mr Knighty Mawere at +27 11 805 0086.

About Maksure Risk Solutions

Maksure Risk Solutions is an Afro-Global independent specialist insurance and reinsurance broker with business footprint in Africa, Asia, East & Western Europe, South America and the Caribbean. We provide innovative and tailor-made risk solutions in Insurance and Reinsurance as well as Risk Financing and Actuarial Consulting geared towards capital management and strengthening our client’s balance sheet. Maksure is also one of the major players in Captive Management (Establishment & Management) in South Africa, Mauritius, Bermuda and various other jurisdictions. We are a Lloyds of London Accredited broker with a deep understanding of African markets. Our global nature ensures that our clients access quality capacity as well as some of the world’s latest thinking and solutions.

Cutting-edge Insurance Solutions for Supercars

Africa is home to some of the world’s most expensive supercars. Recent statistics from The National Association of Automobile Manufacturers of South Africa shows there has been an upward trend in domestic sales for supercars within the region. This trend seems to contradict the prevailing depressed economic growth and low investment opportunities within the region. It is however suggested that the new car market had been supported by improved business and consumer confidence.

In southern Africa, the supercar segment has an assortment of vehicles which include:

  • Porsche
  • Jaguar F-Type
  • BMW i8
  • Ferrari 488 GTB
  • Nissan GT-R
  • Audi R8
  • Maserati
  • Ferrari
  • Maserati Quattroporte
  • Lamborghini
  • Bugatti
  • Ford Mustang

Ford Mustang dominates sales for sport and supercar categories in southern Africa. On the other hand, Maksure Risk Solutions is leading the region in providing insurance and reinsurance solutions for supercars. We custom tailor reinsurance treaties that write supercars. Further, we provide facultative solutions as well as direct insurance broking to clients that own supercars.

“We currently handle premium income in excess of US$ 3.1 million in the supercar portfolio across the African market,” said Mr. Knighty Mawere, Chief Operating Officer at Maksure Risk Solutions. “Maksure Risk Solutions has built a balanced book of supercars with the highest valued vehicle being a Bugatti valued at US$ 2.3 million,” he added.

For more information regarding this product, contact our Chief Operating Officer, Mr Knighty Mawere at +27 11 805 0086.

About Maksure Risk Solutions

Maksure Risk Solutions is an Afro-Global independent specialist insurance and reinsurance broker with business footprint in Africa, Asia, East & Western Europe, South America and the Caribbean. We provide innovative and tailor-made risk solutions in Insurance and Reinsurance as well as Risk Financing and Actuarial Consulting geared towards capital management and strengthening our client’s balance sheet. Maksure is also one of the major players in Captive Management (Establishment & Management) in South Africa, Mauritius, Bermuda and various other jurisdictions. We are a Lloyds of London Accredited broker with a deep understanding of African markets. Our global nature ensures that our clients access quality capacity as well as some of the world’s latest thinking and solutions.