Shackleton Risk Management

Shackleton Risk Management, a valued member of The Shackleton Group, is an authorised Financial Services Provider (FSP Number 33621), specialising in the provision of niche market commercial insurance products to liquidators, attorneys and professional persons.

Formerly known as Court Bond Services, Shackleton Risk Management, has been in the business of placing Liquidation Bonds in the KwaZulu-Natal province of South Africa since 1999. Today, the company has representation in all major city centres in South Africa and issues guarantees totalling billions of rands annually to leading liquidators across the country. In addition to the Liquidation Bonds being offered in its guarantee line, Shackleton Risk Management now also offer Executor Bonds and Curator Bonds to attorneys, accountants and professional liquidators in the market.

In 2007 Shackleton Risk Management introduced a Professional Indemnity product for Attorneys and Liquidators to the market. This product offers the same level of cover as is the market standard, but is extremely competitively priced. SRM also offer Fidelity Guarantee and Misappropriation of Trust Fund Insurance products to firms requiring Professional Indemnity cover.

In 2005, Shackleton Risk Management partnered with Safire Insurance Company Limited, a registered public insurance company authorised to conduct insurance practice by the Financial Services Board (“FSB”) in accordance with The Short Term Insurance Act 53 of 1998. All policies issued by Shackleton Risk Management are issued on Safire Insurance Company Limited paper. Both companies comply with all the necessary statutory and regulatory requirements governing their business. In underwriting the products listed above, Safire is supported by the global re-insurance market with Munich Re as the Lead Underwriter.

With consultants in Johannesburg, Pretoria, Cape Town, Durban, Pietermaritzburg, Bloemfontein and Port Elizabeth, as well as representation in Grahamstown, Kimberley and Mbatho, Shackleton Risk Management offers efficient, personal and effective service in all regions.