Quantum Liability Underwriting Managers (Pty) Ltd is an established underwriting manager specialising exclusively in Specialist Security Liability Underwriter for the Security Industry on behalf of GENRIC Insurance Company Limited. Our business combines the traditional values of integrity and a strong business ethics with progressive ideas to enhance our current products and providing a sustainable, solid underwriting and risk management operation on behalf of our clients. The high growth South African security industry, which boasts more than 5 000 security companies with a total of more than 300 000 employees, will welcome the entry of a new specialist insurer focused on providing liability insurance cover developed specifically for unique security industry needs.
Quantum Liability Underwriters, has entered the market to offer security companies cover for the commercial liabilities they face in providing security services to commerce, industry, farms and private residences. Our goal is to help security companies overcome the potentially crippling effects of liability claims and litigation by providing innovative alternative and customised risk management solutions supported by solid underwriting. We have a comprehensive product range which will be continually enhanced and developed to meet client and market needs.
Quantum’s partners include local insurer GENRIC Insurance Company Ltd, Africa Re a long-established reinsurance specialist in the African market, specie insurance specialist Polygon Underwriting.