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“AIG Kenya Insurance Company, now NCBA Insurance Company Limited, was acquired by NCBA Group with effect from 1st July,2024. The transition of this website is currently in progress.”

Why Choose AIG for Property Insurance?

We are specialised in providing solutions for medium to large trades and services companies, operating locally and internationally.

AIG Kenya Property Insurance Solutions

There are good reasons to consider All Risk Insurance from AIG

Provides indemnity against loss or damage to specified items as a result of any cause within the geographical area specified in the policy. This includes theft, fire, riot and strike breakage and any other cause not excluded under the policy.

Benefits

All Risks cover to specified items within specified geographical locations.

Target Market

Commercial business owners e.g manufacturers, communication facilities, financial institutions, Educational institutions, health facilities, offices and real estate owners. 

There are good reasons to consider Burglary Insurance from AIG

Provides indemnity against loss or damage to property following forcible or violent entry or exit from insured premises. Assets, such as office equipment, stock in trade, furniture, fixtures and fittings are covered under this category.

Benefits

Loss of property following forcible or violent entry or exit from insured premises, and damage to permanent structures following the burglary.

Target Market

Commercial business owners e.g manufacturers, communication facilities, financial institutions, Educational institutions, health facilities, offices and real estate owners.

There are good reasons to consider Computer And Electronic Insurance from AIG

Provides coverage to electronic equipment, including computers, against sudden and unforeseen physical damage in a manner necessitating repair or replacement. Electronic equipment constitutes all electrical gadgets that consume low electrical current. Cover includes mechanical or electrical breakdown, faulty material, faulty design, lightning and over-voltage incidents.

Benefits

All Risks cover to Electronic Equipment.

Target Market

Commercial business owners e.g manufacturers, communication facilities, financial institutions, Educational institutions, health facilities, offices and real estate owners.

There are good reasons to consider Consequential Loss Insurance from AIG

This form of insurance is also known as Business Interruption. It pays for the consequences of material damage in relation to property used for business purposes. This policy enables the insured to recover gross profit due to a reduction in turnover, as well as reasonable additional expenditure incurred in minimising the reduction in earnings.

Benefits

Provide coverage for Business Interruption losses resulting from the fire policy material damage.

Target Market

Commercial business owners e.g manufacturers, communication facilities, financial institutions, Educational institutions, health facilities, offices and real estate owners.

There are good reasons to consider Contractors All Risks Insurance from AIG

Covers contractors against loss or damage arising from insured perils in the course of construction (of buildings, roads, bridges, dams and similar infrastructure).

Benefits

Provides All Risks cover to projects in construction, CPM & TPL.

Target Market

Contractors, Developers, Financiers and any parties with interest in the project.

There are good reasons to consider Electronic Equipment Insurance from AIG

This policy provides indemnity to electronic equipment against sudden and unforeseen physical loss or damage to the equipment in a manner necessitating repair or replacement including theft, transit risks and cover to laptops on a worldwide basis. 

There are good reasons to consider Erection All Risks Insurance from AIG

Covers contractors against loss or damage arising from insured perils in the course of erection of plant or machinery (in factories), tanks, generators etc.

Benefits

Provides All Risks cover to projects during erection, CPM & TPL.

Target Market

Contractors, Developers, Financiers and any parties with interest in the project.

There are good reasons to consider Fire and Perils Insurance from AIG

The basic Fire policy provides indemnity against loss or damage to property described, caused by fire, lightning and explosion. However, the policy can also be extended to cover riots, strike, malicious damage, storm, earthquake, impact by vehicles, aircraft and other aerial devices, subterranean fire, spontaneous combustion, explosion of industrial boilers and economizers, flooding, water damage due to bursting or overflowing of water tanks, apparatus, and pipes among others.  This insurance covers assets such as buildings, plant and machinery, stock insurance, furniture fixtures and fittings and office equipment. 

There are good reasons to consider Goods In Transit Insurance from AIG

This policy provides cover for loss or damage to various types of goods while in transit by road, rail or any inland waterway within the geographical area set out in the policy. 

There are good reasons to consider Industrial All Risks Insurance from AIG

This package mainly incorporates fire & allied perils, burglary, accidental damage and business interruption. It provides indemnity to property insured against any loss or damage from any cause.

Benefits

Comprehensive assets coverage from all risks.

Target Market

Commercial business owners e.g manufacturers, communication facilities, financial institutions, Educational institutions, health facilities, offices and real estate owners.

There are good reasons to consider Machinery Breakdown Insurance from AIG

Provides cover against sudden and unforeseen physical loss or damage to insured machinery; firstly to cover the cost of repair or replacement of indemnifiable breakdown or losses; and secondly to give assistance in expediting repairs.

Benefits

Comprehensive cover to machinery due to sudden and unforeseen physical loss or damage.

Target Market

Commercial business owners e.g manufacturers, communication facilities, financial institutions, Educational institutions, health facilities, offices and real estate owners.

There are good reasons to consider Money Insurance from AIG

Covers loss of money by theft whilst:

  • In transit from premises to the bank and vice versa.
  • In premises during business hours and outside business hours.
  • In the hands of senior employees/authorised personnel of the company.
  • NHIF and service charge stamps and the contents of franking machines.
  • Damage to safes and /or strong rooms.

Benefits

All Risks cover to money lost within the specified limits.

Target Market

Any individual, business or organisation moving huge amounts of money.

There are good reasons to consider Plate Glass Insurance from AIG

Provides indemnity to the insured against loss and/or destruction/damage to glass by accident or misfortune. There are options either to replace the broken glass according to description or to pay the sum equivalent to the value of the broken glass at the time of loss, destruction or breakage up to the insurance value. Cover can be arranged for cabinet glass, display signs, fixed glass and glass partitions on premises.

Benefits

All risks cover to glass as a result of accidental damage.

Target Market

Commercial business owners e.g manufacturers, communication facilities, financial institutions, Educational institutions, health facilities, offices and real estate owners.

There are good reasons to consider Property Terrorism and Sabotage Insurance from AIG

It is specifically designed to cover risks associated with sabotage, terrorism, mutiny, rebellion, insurrection and coup d’état (excluding war and civil war). It is best suited for multinational companies operating in countries where these risks are normally excluded from standard insurance programmes. Coverage for strike, riot and civil commotion can be included by endorsement.

Benefits

Provides coverage from losses of Terrorism, Sabotage, Mutiny, Rebellion, Insurrection, Coup d'etat, political Riot, Strikes and Civil Commotion

Target Market

Commercial business owners e.g manucfaturers, communication facilities, financial institutions,Educational institutions, health facilities, offices and real estate owners.

There are good reasons to consider Contractors All Risks Insurance from AIG

Covers contractors against loss or damage arising from insured perils in the course of construction (of buildings, roads, bridges, dams and similar infrastructure).

Benefits

Provides All Risks cover to projects in construction, CPM & TPL.

Target Market

Contractors, Developers, Financiers and any parties with interest in the project.