The Company

ABOUT CONSORT

Founded in 1999, Consort Technical Underwriting Managers (Pty) Limited 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 being achieved through our Financial Service Providers.

Since our establishment we have developed and maintained a culture of reliability, honesty, quality 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 a 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 Engineering Insurance industry, we are proud to be supported by some of the world’s largest S&P A-Rated Reinsurers

OUR VALUES

We hold to our core values of:

Create Value through Innovation

Demonstrating the ability to increase business value through the application of information, imagination and initiative. Identifying innovative opportunities and striving to pursue those opportunities. Being at the cutting edge of technology, not only remaining technically competent and relevant, but also a deliberate utilisation of processes and resources in achieving growth.

Act with Integrity

Doing the right thing in a reliable way.  An admirable personality trait lending itself to having a moral compass which doesn't waiver. It is demonstrated as wholeness of character by following an ethical conviction and doing the right thing in all circumstances.  Being true to one’s self and refraining from doing anything that demeans or dishonours you, your co-workers, brokers and other stakeholders

Display Excellence

Respect each aspect of your career, confidently applying the highest quality standards and performance in pursuit of your outcomes.  Believing in what you are doing and that its value warrants your persistent commitment. Risking failure and seeking feedback in achieving results. Working hard and striving to expand your abilities and goals. Be consistently passionate in the achievement of set goals.

Live as Responsible Citizens

Caring about the good of society and being a change agent in acting against social, economic, and environmental injustices in order to create a sustainable environment. Doing no harm in ensuring that a sustainable inheritance is left for future generations.

OUR COMMITMENT

Consort delivers tailor-made solutions through our:

  • Considered advice

Experts in Construction & Engineering Insurance whilst always staying abreast of industry changes (both specific and general).

  • Empowered team

Accessibility to expertise, continuity in the company, courteous & competent staff.

  • Expert knowledge

Over 200 years of collective team experience.

  • Forward-thinking

Continued learning & development, being able to adapt to and improve with an evolving market.

  • Partnerships

With clients, brokers and capital providers

OUR VISION

  • Be a specialist Construction & Engineering Insurance Underwriting Manager
  • Secure & maintain quality backing for our clients’ asset protection
  • Respond to clients’ changing needs by offering specialist underwriting solutions
  • Maintain and enhance our track record of providing unequalled quality, stability & ethical practices to all stakeholders

OUR CAPACITY

Thanks to Consort’s reputation within the Engineering Insurance market, our Treaties have been backed by some of the world’s largest Reinsurance Companies both locally and internationally.

As a result of our proven track record our capacity has been progressively increased to a level where we are now afforded the opportunity to participate in and take a major share in all types of engineering risks.

The History of Consort Technical Underwriters

1990

The Consort business started

2004

We acquired ground and built our own building – Unit 29 in Waterford Office Park

2007

We joined the partnerships team and began writing Engineering Risks on the Lombard Insurance Company License

2013

The expansion in staff requirements necessitated the requirement to obtain additional office space – rental of Unit 28 alongside Unit 29

2014

We obtained coverholder status from Lloyds, expanding our capacity to write business (Contract Works and Plant All Risks) in other African territories, as well as offer sovereign rated paper to insured requiring such

2018

Opportunity to have the two buildings merge into one. We moved to a bigger building across the road from Unit 29. All Consortees under one roof at Unit 30.

2019

Reached 20 years of Trusted Engineering Insurance

Consort Technical Underwriting Managers (Pty) Ltd (Reg No 1999/003909/07) is an Authorised Financial Services Provider (FSP No 2273), is FAIS compliant and is underwritten by Lombard Insurance Company Limited (FSP No 1596). CONSORT TECHNICAL UNDERWRITERS © 2019. All rights reserved.