Shackleton Risk Management, a valued member of The Shackleton Group of Companies, 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 placing Liquidation Bonds in KZN since 1999. Today, the company has representation in all the major South African commercial centres and annually issues guarantees totalling billions of rands to leading liquidators countrywide. In addition to Liquidation Bonds being offered in its guarantee line, Shackleton Risk Management offers Executor Bonds and Curator Bonds to attorneys, accountants and professional liquidators.
In 2007 Shackleton Risk Management introduced a Professional Indemnity product for Attorneys and Liquidators. This product offers the market standard level of cover, however our premiums are highly competitive. Shackleton Risk Management also offers Fidelity Guarantee and Misappropriation of Trust Fund Insurance products to firms requiring Professional Indemnity cover.
Shackleton Risk Management has 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 are entirely compliant as regards the statutory and regulatory requirements governing their businesses. In underwriting the products listed above, Safire is supported by the global re-insurance market with Munich Re as the Lead Re-insurer.