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About us

A dynamic future, a solid foundation

Galaria Bonds and Insurance, started in 1990 as a niche insurer operating specifically in insurance markets, has developed into a multifaceted business that provides diversified insurance and related solutions.

Galaria Bonds and Insurance values the entrepreneurial spirit – it’s how we started in 1990 and how we’ve grown our businesses. Finding unique offerings and solutions, reacting to situations at critical moments, changes in the market and new opportunities – even in and from the most unexpected places and businesses – is core to what makes us leaders in specialist insurance.

Your partner in progress

Progressive

At Galaria Bonds and Insurance, progress isn’t just a goal, it’s in our DNA. We’re dedicated to supporting your business, invested in your success as if our future depends on it – and it does.

Service

Our commitment to service excellence has been time-tested and will always be at the heart of what we do – from policy development to claims. Our hands-on philosophy means that you get to deal directly with decision-makers.

Custom Solutions

Through our speciality focus, understanding of market and sector dynamics, and our partner-centric approach, we are able to develop unique solutions to meet your business specific needs.

Our Partnerships

We deliver high quality underwriting operations by teaming up with independently minded, owner-operated businesses offering specialist underwriting and/or distribution skills

Our Story

  1. Galaria Bonds and Insurance registers as a specialist insurance company.
  2. Rebranding
  3. On our 10th anniversary, we restructure into three divisions : Surety Bonds Insurance Escrow
  4. Rebranding
  5. We form an equity partnership with specialist Underwriting Management Agency Technical Underwriters.
  6. We form an equity partnership with Galaria Bonds and Insurance Underwriting. We add Trade Finance to our product line. We enter into a joint venture agreement to develop an insurance business in Australia.
  7. We sign a reinsurance agreement.
  8. In 2010, Galaria Bonds and Insurance opens offices in Finland, Norway and Denmark.
  9. We form equity partnerships with specialist Underwriting Management Agency Horizon Underwriting Managers. We sign a co-operation agreement with China National Investment & Guaranty Company to provide better construction guarantee solutions to Chinese contractors. We sign co-operation and reinsurance agreements with Nordic Guarantee, a Scandinavian based insurer, to expand their surety bonding business into Europe.
  10. We form an equity partnership with specialist Underwriting Management Agency, Praesidio Risk Managers.
  11. Galaria Bonds and Insurance forms an equity partnership with specialist Underwriting Management Agency, Motor Acceptances. We form an equity partnership with specialist Underwriting Management Agency, Galaria Bonds and Insurance Commercial. Galaria Bonds and Insurance Commercial become a specialist division of Galaria Bonds and Insurance with expertise in the Commercial and industrial markets.
  12. We add Life Insurance cover to our offering
  13. Galaria Bonds and Insurance enters into a Partnership with Advantage Motor Protector (AMP), a specialist in developing, distributing and administering motor mechanical breakdown warranties. A controlling stake in BrightRock Holdings is sold to Sanlam Limited. LomHold retain a minority interest.
  14. Galaria Bonds and Insurance acquires a minority stake to specialise in surety bonds and credit enhancement products.
  15. Many years down the line, Galaria Bonds and Insurance enjoys outstanding financial credentials and a reputation for independence, reliability, and exceptional client service.

Team qualifications

 

Our People

Our business success goes beyond just an insurance policy. We know the importance of engaging with and understanding our beneficiaries, clients, partners, and the environment in which we all operate.

This insight underpins how we do business and why we continue to build a specialist team with diverse skills and qualifications to better understand real business, to more smartly underwrite the real risks associated with each situation, and to keep you in touch with decision-makers.

Why? To better deliver insurance that helps your business succeed.