Leppard

Name

Leppard

Legal name

Leppard

Website

https://leppard.co.za

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Specialist Liability Insurance

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Direct Property and Casualty Insurance Carriers (524126)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Professional Liability (E&O) (FSAJAGAC)

akta.pro secondary industries

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD), Facultative Financial Lines Reinsurance (D&O, E&O, FI, Crime) (FSAOAFAF), Facultative Engineering & Construction (CAR/EAR) Reinsurance (FSAOAFAE)

Keywords

• Professional indemnity insurance
• Specialist liability underwriting
• Directors and officers cover
• Financial institutions liability
• Single project insurance

Headquarters

HQ city

Johannesburg

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Premiums: Leppard generates revenue through insurance premiums collected from policyholders. As an underwriting manager (FSP274) underwritten by Lombard Insurance Company Limited (FSP1596), they design and administer specialist liability insurance products including Professional Indemnity, Broadform Liability, Event Liability, Directors Liability, Financial Institutions, Security Liability, and Single Project PI coverage.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Leppard is a specialist liability insurance underwriting agency that designs, prices, and administers a portfolio of seven liability insurance products—Professional Indemnity, Broadform Liability, Event Liability, Directors Liability, Financial Institutions (Crime and Civil Liability), Security Liability, and Single Project PI—underwritten by Lombard Insurance Company Limited (FSP1596). The company operates as FSP274 in South Africa and distributes these products exclusively through independent insurance brokers and intermediaries, supported by an in-house claims handling function.

Product overview

Leppard is a specialist liability insurance company offering a portfolio of seven core insurance products. The product suite includes Professional Indemnity (for professionals against negligence claims), Broadform Liability (for manufacturers and commercial enterprises), Event Liability (for event organizers), Directors Liability (for company decision-makers), Financial Institutions (crime and civil liability cover), Security Liability (for security companies), and Single Project PI (project-specific construction insurance). These products are designed to protect reputations and businesses, with the company leveraging over 30 years of technical expertise and positioning itself as a trusted liability insurance partner.

Differentiator

Problem solved

Functional benefit

Products and services

• Professional Indemnity Protection for professionals and specialised service providers against claims and the costs associated with legal liability arising from professional negligence, errors, or omissions in the course of their professional duties. Designed for Financial Service Providers (FSPs), lawyers, accountants, consultants, and engineers in South Africa, with a recognised FSP-sector scheme arrangement through Marsh and qualifying criteria including maximum annual revenue of R75,000,000 and maximum Limit of Indemnity of R100,000,000 under the FIA PI Scheme.
• Broadform Liability Specialised cover that protects manufacturers, distributors, product suppliers, and other commercial enterprises against third-party bodily injury and/or property damage claims arising from business operations and the manufacture, sale, or distribution of their products. Tailored to South African commercial enterprises facing third-party liability exposures.
• Event Liability Tailored cover for event organisers, sponsors, venues, and service providers protecting against third-party injury and/or property damage arising from an event. Addresses heightened responsibilities and stricter regulatory requirements in the events sector and covers claims related to injury, damage, or other unforeseen incidents during events.
• Directors Liability Protection for directors and key decision-makers of private and public companies against management liability exposures, helping them fulfil their duties with confidence while protecting personal assets and reputations. Covers company directors, senior employees, trustees, members of close corporations, retired directors, and their families against personal liability claims arising in the course of their duties.
• Financial Institutions Tailored Crime and Civil Liability cover specifically crafted for banks and financial services firms to address evolving risks of crime-related incidents and civil liability exposures. Provides protection against theft, fraud, cybercrime, and legal liabilities arising from professional activities or general obligations of financial institutions.
• Security Liability Specialised insurance product for security service providers that safeguards both small enterprises and larger bespoke companies against security-related risks arising from the delivery of security services to businesses and communities. Provides indemnity for legal costs in defence or settlement of third-party liability claims, addressing the rise in crime across South Africa.
• Single Project PI Project-specific PI cover that extends to the owner/developer, contractor, appointed professionals, and relevant subcontractors under a single project-specific indemnity structure. Reduces coverage gaps, simplifies claims handling, and aligns all stakeholders under one coordinated policy for the duration of large construction projects.

Segments8 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Lombard Insurance Company LimitedcoreStrategic or Co-development PartnerLombard Insurance Company Limited (FSP1596) is the primary underwriter for Leppard's insurance products. Leppard operates as FSP274 underwritten by Lombard, and distributes through the Lombard Connect training hub. This is a long-standing underwriting partnership enabling Leppard to offer specialist liability insurance solutions.
• GenoaminorOthersMedical malpractice services have transitioned from Leppard to Genoa Healthcare. Leppard now refers clients requiring medical malpractice coverage to Genoa for continued excellence in care and expertise.
• Lombard Human RisksminorStrategic or Co-development PartnerPartnership providing human risks, accident, health, security, and crisis insurance solutions through Lombard's broader ecosystem.
• AGENCIScoreChannel Partner/ Reseller/ DistributorAGENCIS is a digital portal platform for agency applications, enabling insurance agencies to apply for and access Leppard products. This is a core distribution partnership for agency onboarding.
• Maletsatsi FoundationminorOthersCSR partner foundation dedicated to uplifting and empowering communities. Leppard supports their work through corporate social responsibility initiatives.
• Malachi Place of SafetyminorOthersCSR partner organization dedicated to child welfare and safety. Leppard provides financial and organizational support to their mission of creating positive change in communities.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Santam: South Africa's largest general insurer, writing specialty and commercial liability lines including professional indemnity and D&O. Comparable as a major South African incumbent that competes for the same broker-placed specialty liability risks Leppard underwrites.
• Chubb Insurance South Africa: Global specialty insurer with a meaningful South African presence across professional indemnity, D&O, financial lines, and crime cover. Comparable because it directly competes with Leppard in the same specialty liability product lines, serving the same broker channel and target verticals.
• Zurich Insurance South Africa: Global insurer with a South African commercial and specialty liability offering, including professional indemnity and management liability. Comparable as a global brand competing for the same South African specialty liability book Leppard serves through brokers.
• AIG South Africa: Global insurer offering professional liability, D&O, financial lines, and specialty cover in South Africa. Comparable as a multinational competitor in the same specialty liability categories Leppard serves, particularly for large and complex financial institutions and professional service firms.
• Old Mutual Insure: Major South African insurer with commercial and specialty liability products distributed via brokers. Comparable as a broad-line competitor addressing overlapping professional and commercial liability risks, especially in mid-market and SME segments.
• Hollard Insurance Group: One of South Africa's largest independent insurance groups offering a broad portfolio including specialist liability, professional indemnity, and D&O cover. Comparable as a South African liability insurance competitor operating at far greater scale, often partnering with or competing against underwriting agencies like Leppard for broker-distributed specialty business.

Direct peers

• Bryte Insurance: South African specialist insurer focused on commercial and specialty lines, distributed primarily through brokers. Comparable as a locally-headquartered specialty liability underwriter competing for the same broker-placed professional and commercial liability risks as Leppard.
• Camargue Underwriting Managers: South African specialist underwriting manager operating in liability and professional indemnity lines. Highly comparable as a directly competing underwriting agency model — both act as intermediaries designing and administering specialist liability products under a carrier's capacity.

Regional players

• Munich Re (Africa): Global reinsurer with African presence, providing facultative professional liability and financial lines capacity to local underwriting agencies and carriers. Comparable as the capacity provider behind many South African specialty liability products, including those that compete with or enable books like Leppard's.

Others

• Marsh (South Africa): Global insurance broker and risk advisor with a South African presence; explicitly mentioned as placing FIA PI scheme business for Leppard. Comparable as the broker distribution partner and ecosystem participant through which Leppard's specialist liability products reach the Financial Service Provider segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@leppardassociates864
• Facebookfacebook.com/leppardunderwriting
• LinkedInlinkedin.com/company/leppard-underwriting
• Instagraminstagram.com/leppardandassociates
• Xx.com/Leppard_Writing

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Leppard