Johannesburg headquartered Lloyd’s broker expands into UK corporate and public sector broking

African broking group Maksure Risk Solutions has expanded its UK operations into direct corporate and public sector insurance broking.

The accredited Lloyd’s broker said it was broadening its UK offering to provide comprehensive insurance broking, risk advisory and risk financing solutions to mid-sized and large corporates, public sector institutions and organisations with international business interests.

A key strategic focus will be UK businesses with investments, operations, supply chains and trading relationships across Africa and other emerging markets.

It said clients will benefit from corporate insurance broking, risk engineering, actuarial and risk advisory, Lloyd’s and international market access, international insurance programme coordination, as well as claims advisory and advocacy.

‘Commitment to investment’

The firm, which is headquartered in Johannesburg, said that by integrating these capabilities, it aims to deliver ”solutions that go beyond traditional insurance placement, helping clients protect their assets, strengthen operational resilience and support sustainable business growth”.

It added: ”Maksure’s expansion into the UK corporate and public sector market is part of a broader strategy to develop an internationally integrated insurance, reinsurance and risk advisory business.

“With London serving as a strategic international market hub, the group continues to leverage its African expertise, technical capabilities and expanding international relationships to deliver value to clients across developed and emerging markets.

“The UK expansion reinforces Maksure’s commitment to investing in specialist talent, strengthening client relationships and developing innovative insurance solutions that respond to the evolving needs of businesses and public institutions.