Maksure Risk Solutions, an Afro-Global independent specialist insurance and reinsurance broker has been in April 2024, granted full Lloyd’s Registered Broker Status. Lloyd’s  can trace its roots back over 300 years and is a unique insurance market with an unrivalled concentration of underwriting expertise and capacity.

As a broker at Lloyd’s, Maksure has direct access to a unique pool of underwriting expertise and capacity in the Lloyd’s global marketplace.

Commenting on the approval, Mr. Simba Makwembere; Managing Director at Maksure Risk Solutions said “We are truly honored with the Lloyd’s approval and this makes Maksure currently the only African originating broker, to be granted the full Lloyd’s broker status. This to a large extent is a demonstration of our strong corporate governance, exceptional technical and leadership skills that can compete at a global scale, as well as the ability to drive business growth in our chosen markets.”

More than ever before, now working with Maksure as registered Lloyd’s broker, comes with several benefits:

• Access to Lloyd’s Markets: We have access to one of the world’s largest insurance markets, offering a wide range of specialist insurance and reinsurance products. This access boosts our already existing capability to place unique or complex risks.
• Market Expertise: Lloyd’s is known for its expertise in specialty insurance and reinsurance. Maksure now taps into this collective knowledge and experience, which is invaluable when structuring insurance solutions for our clients.
• Global Reach: Lloyd’s has a global network of underwriters and brokers, allowing Maksure access to insurance capacity and expertise from around the world. This global reach is most beneficial to Maksure clients operating internationally.
• Flexibility and Innovation: Lloyd’s is known for its flexibility and willingness to underwrite unconventional risks. We now leverage this flexibility to tailor insurance solutions to meet the specific needs of our clients, including emerging risks and new industries.
• Regulatory Oversight: Lloyd’s brokers are subject to regulatory oversight by the Lloyd’s Market Association (LMA) and other regulatory bodies. While this oversight entails compliance requirements, it also helps ensure high standards of professionalism and integrity within the market, which can enhance trust and credibility.
• Networking Opportunities: Being part of the Lloyd’s market provides ample networking opportunities with other brokers, underwriters, and industry professionals. These connections provide valuable insights into market trends and developments which our clients benefit from.

Mr. Vincent Gota, Vice President at Maksure commented that being part of Lloyd’s brokers enhances our capacity of placing specialist lines of business including aviation, political violence & terrorism, cyber, oil & gas, marine, financial lines and large property accounts. Our clients have an access to over 70 underwriters specializing in these and other specialty classes.

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For more information, contact Vincent Gota on +44 (0)20 8187 5262 or email vincent@maksure.co.uk. You can visit the website www.maksure.co.uk

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 have access into the Lloyds of London 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.