Products

 

 
 
 
 
 
 
AIB offers an array of products which are unique and meets international insurance standards. Besides they are all accepted nationwide and have innovative features which are indicated in the following product design highlights.
We are proud to offer these services tailored especially for general insurance business and not for long term personal insurance. With deep expertise and experience in risk management , Abacus is equipped to arrange insurance cover, including but not limited to:

 

General Insurance

 
 
 
Through Abacus, clients can place the risk with insurers even for risks which are intricate & / or of higher value(i.e. sum insured).
 
 

Engineering Insurance

 
 
AIB services insurance programs for all types of engineering accounts including contractors all risks, erection all risks, advanced loss of profits and liability.
Assistance in Bancassurance for product development and portfolio management Marine insurance including marine cargo , hull & machinery
 

Motor Comprehensive Insurance

 
Our auto insurance package provides cover for private and commercial vehicles and fleets.
  • Our auto policy indemnifies the insured against accidental loss /Damage, to motor vehicle including its accessories and spare parts.
  • Liability to third party Death/Bodily injury to any person and or property damage caused by or arising out of the use of the motor vehicle/s insured.
  • Cover extends to include floods earthquake, riots, strikes and civil commotions and malicious damage, loss of use, loss of personal effects, loss of keys and keys replacement costs and emergency services costs.
 

Personal Accident Insurance

 
Abacus handles Accident cover for Group and individual personal accident risks
 

Health Insurance

 
These products cover medical expenses, death benefits as well as permanent disability income.
 

Personal lines department

 
All our clients are assigned a private client services account specialist who manages the personal risk management process to identify, evaluate, and determine the best method to protect assets from the variety of risks that can lead to financial loss.

The personal lines insurance specialist's works exclusively on designing and monitoring individualized asset-protection programs for our clients. Recognizing risk profiles will change over the years, our stewardship programs are designed to respond to the changing needs of our clients.
 

Domestic Package

 
Our Domestic package provides a comprehensive cover for Residential Buildings, household Contents, All risks, Domestic servants and owners and occupiers liability.
 

Specialty department

 
Our specialty department provides a wide range of personal and commercial insurance products, covering activities, premises, operations, products and professional activities.
Our property business comprises buildings insurance that provides cover against the damage caused by fires, flooding and weather-related incidents.
  • Property and casualty insurance
  • Insurance evaluation/design/placement
  • Workers compensation strategies
  • Directors and officers liability insurance
  • Business interruption
  • Engineering lines
  • Marine insurance
Our specialty department provides a wide range of personal and commercial insurance products, covering activities, premises, operations, products, and professional activities.
Our property business comprises buildings insurance that provides cover against the damage caused by fires, flooding and weather-related incidents.
Other products written by the department are Business interruption, engineering lines, marine and legal protection insurance.