Property and Assets Coverage

Comprehensive protection for business premises, equipment, inventory, and fixed assets against fire, lightning, explosion, storm, flood, earthquake and malicious damage.

Our approach goes beyond standard placement

• Accurate valuation methodology (preventing under-insurance penalties)

• Business interruption engineering (calculating appropriate indemnity periods)

• Seasonal stock declaration programs (avoiding overpayment while ensuring adequate coverage)

• Reinstatement value coverage (ensuring claims actually rebuild/replace, not just theoretical compensation)

• Buildings and fixed structures

• Plant, machinery, and equipment

• Stock and inventory (raw materials, work-in-progress, finished goods)

• Office furniture, fixtures, and fittings

• Electronic equipment and data systems

• Business interruption and consequential loss

• Professional fees for reinstatement (architects, surveyors)

Coverage Include:

Industrial All Risk (IAR)

Specialized coverage for manufacturing, processing, and industrial operations providing protection during construction, installation, testing and operational phases.

AIBL structures IAR programs addressing:

• Machinery breakdown with consequential loss

• Boiler and pressure vessel explosion

• Deterioration of stock following equipment failure

• Contamination during processing

• Spoilage and leakage

Contractors All Risks (CAR) & Erection All Risks (EAR)

Construction project insurance covering material damage, third-party liability and project delay risks.

Our expertise include:

• Joint name policies (protecting principals, contractors, subcontractors)

• Testing and commissioning coverage

• Maintenance period coverage (defects liability)

• Advance loss of profit (ALOP) for project delays

Transportation & Logistics Coverage

Comprehensive or third-party liability coverage for commercial vehicle fleets, structured to balance premium efficiency against operational risk.

Domestic GIT

Goods in Transit (GIT) & Marine Cargo

• Road haulage (own vehicles and third-party carriers)

• Rail and inland waterway transit

• Warehouse-to-warehouse coverage

• Political violence and SRCC extensions

Motor Fleet Management

• Tiered coverage optimization (stratifying vehicles by value and utilization)

• Driver risk management (training requirements, age restrictions qualifying for discounts)

• Claims frequency analysis (identifying high-incident vehicles/drivers)

• Usage-based premium structures (for seasonal operations)

AIBL's fleet programs deliver:

Protection for merchandise during domestic transport and international shipping.

• Institute Cargo Clauses (A, B, C)

• War and strikes coverage

• Delay in startup for capital equipment imports

• Container demurrage coverage

Marine Cargo (Import/Export)

• EAC regional trade coverage

• Customs bond coverage

• Political violence for cross-border supply chains

Cross Border Trade Programs

Liability Coverage

Protection against legal liability for:

• Bodily injury or property damage to third parties

• Product defects causing injury after sale

• Tenant's liability for leased premises

• Pollution liability for environmental contamination

Professional Indemnity (Errors & Omissions)

Public & Products Liability

Sectors we serve:

• Legal, accounting, consulting, engineering

• IT service providers and software developers

• Insurance brokers and financial advisors

• Healthcare practitioners

• Real estate agents

Coverage for professionals whose negligent advice, design, or service delivery causes client financial loss.

Directors & Officers (D&O) Liability

Coverage includes:

• Shareholder derivative actions

• Regulatory investigations

• Employment practices liability (EPL)

• Entity coverage for securities claims

Protection for company directors and officers against personal liability for corporate decisions.

• Business interruption from network outages

• Data restoration costs

• Cyber extortion and ransomware

• Crisis management and PR following breaches

• Notification costs under Data Protection Act

First-Party Cyber Losses

Third-Party Cyber Liabilities

• Privacy liability for unauthorized data disclosure

• Regulatory fines (Data Protection Act)

• Network security liability

Cyber Liability & Electronic Crime

Protection against digital threats traditional policies don't cover

• Social engineering fraud (CEO fraud, BEC)

• Fraudulent electronic funds transfer

• Computer fraud

Electronic Crime Coverage

Financial Lines (Specialized)

Provide a general summary of the services you provide, highlighting key features and benefits for potential clients.

Fidelity Guarantee (Employee Dishonesty)

Bankers Blanket Bonds

Comprehensive coverage for financial institutions bundling

• Employee dishonesty (fidelity guarantee)

• On-premises theft

• In-taransit loss

• Forgery and alteration

• Computer crime and electronic fraud

• Client property liability

• Extended discovery period

• Broad employee definition (contractors, temps, outsourced staff)

• Legal expenses for prosecution

• Audit costs for forensic investigation

Political Violence & Terrorism

• Property damage from riots and civil commotion

• Business interruption following political violence

• Denial of access (government restrictions)

• Terrorism coverage

Coverage for civil unrest, strikes, riots, and politically motivated violence.

Standalone coverage for businesses not requiring full Bankers Blanket programs.