Corporate Insurance


The name of the policy is an attempt to explain the wide array of perils that are combined and insured under one policy namely: losses arising from fire, losses occasioned by theft, accidental damage to insured assets.
Assets suitably insured on this policy are valuables and items susceptible to damage. Articles of valuable nature and which are taken away from the office or residential premises are also suitable covered under this policy.

All risks insurance is the widest cover available for property. The policy covers loss or damage to property from all perils other than the ones excluded.

  • wear, tear, gradual deterioration, atmospheric condition, mildew, moth, vermin or insects.
  • mechanical or electrical breakdown or derangement, unless caused by accidental, external means.
  • breakage of glass (other than lenses) or articles of brittle nature (other than jewellery), unless breakage is caused by fire or theft.
  • money and related items.
  • theft of any insured property from the motor vehicles unless the property stolen is contained at the time of loss in a locked boot or locked forming an integral part of the vehicle.
  • loss or damage due to or arising out of delay, confiscation, or detention by customs or other officials or authorities.

Generally, each item is specifically identified and is allocated a separate sum insured.


Agriculture insurance is now available in the Kenyan Insurance market. The Insurance Companies we represent, can facilitate cover for your crops and livestock.


A bond is a guarantee executed under seal whereby the person or persons contracting bind themselves to pay to some other person or body a specified sum of money referred to as the penalty of the bond, if any of the conditions are not performed. A bond is seen as a certificate of character, ability and financial worth of the principal.These are:-

Custom bond:This is usually in favour of Revenue Authorities (KRA).
Immigration bond:This is for work/entry permits and we have other bonds in favour of principals under commercial agreements like constructions and supply contracts.



Forcible break in or break out is a risk that most businesses are exposed to.

This policy also covers hold up. Damage to the building or contents in the event of an attempted break in which resulting in damage are insured. Stocks in trade, office equipment, other contents, trade samples, furniture and office improvements and plant and machinery are vulnerable to burglary. Exposure is based on the possible financial loss to the owner of goods or the person who has a financial interest to the property.


Losses occasioned by acts of fraudulent by own staff are insured under this policy. Losses include theft of stocks and equipment and frauds of cash or books thefts.

The losses may be perpetrated over a long period of time but taken up by the when discovered and reported to the insurance company. Acts of fraud is a specific exclusion under most other policies.

A fidelity guarantee policy indemnifies the insured against losses suffered as a result of fraud or dishonesty committed by the insured’s employees. Most companies take the policy to cover employees holding positions of trust over money or property.


Damage may happen to a building or project while under construction. Exposure may exist while the contract is completed and the project is under maintenance. Perils operate during the construction period such as negligence, which becomes apparent later. Such losses traceable to the contract period may cost a fortune to make good. Both the contactor and the principal have financial and insurable interests on the works. The policy may be issued or taken jointly.



Insurable items under the policy include the costs of damage to plant and machinery due to an event/accident, professional fees and Third Party legal liabilities. Premiums are based on the total of all the insurable interests.



Fire arises from various insured perils and causes damage to assets. The fire policy issued by The Insurance Companies we represent fire damage brought about by perils of nature such as earthquake, floods, storm, tempest and lightning to name but a few.

Covered social perils including riot, strike civil commotion and malicious damage such as arson. Other causes of fire are electrical faults, and explosion. Property may suffer loss from aerial falling objects such aircraft.

The policy is suitable to cover business assets such as buildings, stocks in trade, work in progress, contents, plant and machinery.

Fire is indiscriminate and devours anything in its path once it starts and hence the sum insured has to be appropriate and commensurate with the risk that the insured is exposed to.


International trade is facilitated by marine insurance. Goods imported from overseas are protected by the policy against a variety of perils, including burglary, accidental damage and fire.



Protection against loss, destruction, or damage to goods whilst they are in transit – from the time of leaving the insured’s premises to final delivery.


This is a necessary policy for businesses that have cash transactions.

The liabilities that we insure include cash in transit, cash in premises, cash in safe, cash with directors or the business directors. The policy will cover loss of money in varying scenarios including hold up, burglary and by use of force or threat of the person with the money.

The money insurance policy covers: –
loss of money arising out of theft at premises, or while in transit to and from bank or customers, or in a ‘holdup’ loss or damage to any safe or strongroom specified in the schedule or any case in which money is being carried, the property of the insured or for which the insured is legally responsible, caused by theft or attempted theft.
Under the policy, money is defined as cash, bank and currency notes, cheques, postal orders, money orders and current postage and revenue stamps.


The name avers the source of the requirement of this policy. The Act came into effect in December 2007 and has variously been challenged and amended.

However the Act requires that all employees are insured for the under noted benefits should the injury arise while the staff is at work.


Public Liability cover is provided in respect of legal liability arising in connection with the insured’s business to pay damages as a result of accidental bodily injury or accidental loss of or damage to property of the members of the public. This is a very important cover as it protects the insured, usually a business entity and proprietors from heavy fines if asked to compensate members of public.


Professionals are expected to maintain and act within the expected standards of their professions. In the event where there are errors or omissions then the injured party may litigate for compensation.

This policy protects the professional or the firm providing the services for such unexpected outcomes.


Covers the cost of compensation claims made against your business’s directors and key managers (officers) for alleged wrongful acts.


Employers Liability responds to court cases filed by employees against their employers. Employers Liability cover is brought as an additional to WIBA. With reference to above, following the implementation of the WIBA Act 2007 Employers Liability policies were phased out as the injured worker could only claim compensation under the new Act.

However, following the ruling by the High Court of Kenya on 04/03/2009 an injured worker could still file a case in court for compensation to an injury under common law.

Terrorism and Political Violence Liability


Terrorism & Political risk cover policy indemnifies the insured against physical loss or physical damage to the buildings and contents which belong to the insured or for which the insured is legally responsible, directly caused by the following perils :- Act of Terrorism, Sabotage, Riots, Strikes and/or Civil Commotion, Malicious damage.

  1. Insurrection Revolution or Rebellion.
  2. Mutiny and/or Coup d’état.


The Corporate Pension / Personal Pension Plan (Compliant with NSSF Act 2013) is a specially designed savings plan for you or your company to make provisions for your retirement and is characterized by the following features:

  • Individuals that are not in group schemes can save for retirement
  • Flexible contributions (may stop, suspend or defer depending on financial circumstances)
  • The Employer can contribute on behalf of the member
  • Normal Retirement age is 60 years (early/late retirement possible)
  • Funds are invested in a Guaranteed Fund such that:
  1. Capital and past investment income guaranteed
  2. Return to the fund guaranteed not to be less than the minimum guaranteed rate
  • Members can withdraw from the Plan before retirement age subject to legislation
  • Individuals can purchase a pension/annuity at retirement

The Personal Pension Plan is:

  1. Registered with the Retirement Benefits Authority (RBA) which monitors schemes and service providers
  2. Administered by the Insurance companies we represent
  3. Registered with the Income Tax Authority for:
  • Tax free allowance on contributions
  • Investment income not taxed
  • Tax free allowances at time of withdrawal
  • Tax free allowance on pension


Machinery Breakdown Insurance, is designed to provide cover against unforeseen and sudden physical loss or damage to the machinery by any cause subject to excepted risks. Machines are an integral part of all manufacturing and industrial units engaged in production of industrial/household goods. These may be large industrial establishments or small and medium enterprises and any unexpected accident/breakdown to their critical machinery brings it to a standstill adversely affecting business and causing a financial strain towards repair or replacement of the affected machinery. The Machinery Breakdown Insurance offers coverage to your organization against these sudden unforeseen accidents/events.

  • This policy covers the unforeseen and sudden accidental physical damage to insured machinery, plant and equipment.
    • while at work / rest
    • whilst being dismantled or removed or re-erected, within the same premises
  • It can cover loss or damage due to faulty operation, adjustment, casting, vibration, entry of foreign objects, loosening of parts, self-heating, and centrifugal force.