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Our Classes of Corporate Insurance Offered

This policy provides cover for loss of or damage to the property insured by fire, theft or any accidental means not excluded by the policy. It is suitable for mobile items like cameras, laptops, personal computers, videos and other fragile electronic items, personal items, baggage etc. Due to the mobile nature of most items, cover will not be restricted to the premises. The policy will usually have the territorial scope as Kenya (national) or worldwide (international) in respect to items such as laptops and cameras.

Requirements for Cover

  • Name of insured (client, customer)
  • Address & Contacts
  • Location
  • Nature of risk (e.g. laptop, camera, mobile phones e.t.c)
  • Sum insured (SI) or value to be insured
  • Commencement date

This is the financial guarantee whereby insurance company guarantees payment on a bond or other security in the event of a default by the issuer of the bond or security.

Requirements for Cover

  • Name of the insured
  • Type of bond
  • Estimated risk amount
  • Commencement date

Generally insurance policies cover only physical damage to property by insured perils. This, at best, covers the expenses incurred for repairing or replacing the damaged property. But what about the financial loss suffered due to interruption of business operations whilst the damaged property is being repaired or replaced? The Consequential Loss Insurance offers a solution by covering profit lost due to reduction in turnover arising from interruption of business following damage to the property insured. Consequential loss is considered an indirect loss (as compared to losses from the direct damage). Direct damages would be covered under different types of insurance, such fire and perils insurance, but the firm still incurs the costs of lost operations. This Policy can be taken only in conjunction with a Standard Fire and Perils Policy.

Requirements for Cover

  • Total annual profit earned on the item
  • Location of property

Contractual Liability Coverage is insurance for damage arising out of a tort. Most CGL policies include language specifically excluding contractual liability coverage. A contractual liability insurance policy negates the language in your general liability policy that excludes coverage for failing to complete a contract. If you do not perform according to the terms of your contract, the insurance company will pay any resulting damages to the other party. Your policy may also cover contractual liability you assume on behalf of another party.

Requirements for Cover

  • Proposal form to be filled by client for the insurance to quote

This is the cover for plant and machinery against fire and related perils.

Requirements for Cover

  • Name of insured
  • Location
  • Plot number
  • Sum insured (SI) or value to be insured
  • Date of commencement

Crop insurance covers the natural incidents such as hailstorm, drought, flooding e.t.c.

Requirements for Crops Insurance Cover

  • Name of insured
  • Location
  • Estimated expenses
  • Acrerage
  • Season of planting

Livestock insurance covers livestock against theft and diseases.

Requirements for Livestock Insurance Cover

  • Name of insured
  • Location
  • Type of livestock
  • Veterinary report
  • Tagging of livestock
  • Estimated sum assured
  • Commencement date

Directors and officers liability Insurance is insurance payable to the directors and officers of a company, or to the organization itself, as indemnification for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory trials as well. In fact, often civil and criminal actions are brought against directors/ officers simultaneously.

Requirements for Cover

  • Estimated amount

In this modern age all businesses rely on computer and electronic equipment. Many trades rely extensively on electronic equipment. With this reliance comes the need to protect against material damage and subsequent financial losses. The Electronic Equipment Policy is specifically designed to meet these needs for both owners and hirers of equipment.

Requirements for Cover

  • Nature of items to be insured
  • Location
  • Sum insured (SI) or value to be insured

Employers Liability Insurance is an insurance policy that protects employers from liabilities arising from disease, fatality, or injury to employees resulting from workplace conditions or practices. As an employer, Employers Liability Insurance will help you pay compensation if an employee is injured or becomes ill because of the work they do for you.

Requirements for Cover

  • Gross salary of employees

This is insurance for the erection of masts and pylons against third parties properties and all other perils which affect the client directly.

Requirements for Cover

  • The client to fill proposal forms which contains all specific requirements.

Fidelity Guarantee insurance is an insurance policy designed to indemnify the Insured (the employer) for the loss of money or property as a direct result of acts of fraud, theft or dishonesty committed by an employee in the course of employment. Companies are exposed to significant financial losses annually, due to crime committed by employees and it is reported that Fraud is on the increase. Combined with the growth in the use of electronic data and asset transfers, the fidelity losses faced by employers are increasing substantially.

Fidelity guarantee insurance is most often sought by companies where employees are more likely to cause financial loss because of their constant exposure to cash, stocks or other assets. The potential losses that could arise from fidelity, especially with the increase in computer crime, make it pertinent that those employers at risk use fidelity guarantee insurance as a risk management tool.

Requirements for Cover

  • Job description of employee
  • Amount of money or worth handled at one time by the employee

Fire and Related Perils Insurance protects your property and investments against loss or damage from perils such as fire, lightning and flooding. This policy is vital for all types of industry and trade groups, offices, service occupancies, households and assets belonging to all sections of the society. The policy covers buildings, plant and machinery, furniture, fixtures and fittings, electrical installations, stocks, stocks in trade including work in progress etc belonging to any industry, offices, service occupancies, households etc.

Requirements for Cover

  • Name of insured (client, customer)
  • Address & Contacts
  • Location
  • Nature of risk, e.g. building, etc
  • Material of construction
  • Sum insured (SI) or value to be insured
  • Commencement date

This pertains to glass fixed in the structure like buildings e.g. door panes, window panes etc., etc. The insurance covers damage due to breakage.

Requirements for Cover

  • Name of insured
  • Location
  • Plot number
  • Sum insured (SI) or value to be insured
  • Commencement date

These are goods in possession of the client who checks in a hotel and leaves his property under the care of the hotel management.

Requirements for Cover

  • Name of insured
  • Estimated risk amount

Goods in Transit Insurance is designed to protect your business against losses incurred in cases of theft, loss, damage and/or accident of goods while in transit. Note that standard motor insurance policies may not cover the goods you transport, and replacing them in the event of damage or loss can prove costly. The premium is based on the value of goods in transit at the insured's risk, during the policy period. It is the simplest and most convenient way to cover the your inland transit risks.

Requirements for Cover

  • Name of insured (client, customer)
  • Address & Contacts
  • Location
  • Nature of risk, e.g. building, etc
  • Sum insured (SI) or value to be insured
  • Commencement date

Group health insurance coverage is a policy that is purchased by an employer and is offered to eligible employees of the company (and often to the employees' family members) as a benefit of working for that company. A group health insurance plan is a key component of many employee benefits packages that employers provide for employees. One of the advantages for employees in a group health plan is the contribution most employers make toward the cost of the health coverage premium - in many cases, employers pay one-half or more of the monthly premium for an employee.

Requirements for Cover

  • Date of birth (Age)
  • Cover limits e.g. Inpatient/Outpatient

Group Life Insurance is a twenty four hour cover provided to groups such as employees. The Insurance is designed to to provide cover against death to any other group member arising from sickness or accident. The policy runs side by side with a Pension Scheme or can be designed as a stand alone provident.

Soin Insurance Brokers ltd is now partnering with ACRE AFRICA to arrange Index Linked Crop & Livestock Insurance. This is in response to the current unpredictable weather patterns throughout the globe with extension that covers uncontrollable pests and diseases. Index linked Insurance is a Multi peril ( All Risks) cover for crop losses arising from:

  • Drought
  • Wind Storm
  • Excess rainfall
  • Frost
  • Flooding
  • Hail

Crops covered include:

  • Maize
  • Tea
  • Coffee
  • Wheat

The Peril is scientifically evaluated and losses incurred linked to key stages of each crop. Get in touch with us for scientific and tailor made products to meet your needs.

Life insurance is protection against the unknown. When you buy life insurance, you're paying for the peace of mind that your family will be taken care of in the event of your sudden demise. Sure, it's a morbid thought, but it makes you wonder how your family would get by without you. Would they have enough money to keep the house? Could the kids pay their own way through college? Life insurance is the life jacket in the fishing boat, the air bag in the car. You hope to never have to use it, but it's nice to know it's there. Also, when handled correctly, life insurance is more than just a safety net. It's part of a larger economic plan whose goal is the financial security of your family.

Requirements for Cover

  • Date of birth (Age)
  • Remittance per month
  • Period per term
  • Sum insured (SI) or value to be insured
  • Type of life insurance

As you are already aware, with effect from Jan 2017, all Marine Cargo Insurances shall be effected locally as guided by the ministry of finance, subsequent to this date importers and exporters will arrange for the imports and exports on cost and freight basis while the Marine Cargo insurance component shall be handled locally.

We have already put in place necessary measures including specialized marine training for our staff and we have entered into service level agreements with reputable insurance underwriters, in order to provide timely unrivaled marine insurance covers through an established marine portal, with a view to providing marine cargo insurance covers instantly on request.

We request you to try us and you for sure won't be disappointed, we are fully ready to serve you and prepared to enter into partnership with your organization ,so that we can ensure both you and your clients are provided with the best insurance product and timely services at competitive prices.

The requirements that will enable us provide you with competitive Marine cargo insurance quotation include:-

  • Nature of goods imported/exported
  • Value of goods imported/exported
  • Mode of transport
  • Vessel insured
  • Origin of travel
  • Destination of travel
  • Dates of departure
  • Anticipated date of arrival

We can give cover on any of the following options based on your terms of trade

  • Warehouse to warehouse
  • Warehouse to port of destination
  • Port of loading to port of discharge

We would advice that the most competitive and all inclusive insurance cover is warehouse to warehouse in order to avoid the necessity of effecting other insurance on land once the goods are discharged from port, that could translate to increase of cost of transportation

Almost all businesses handle money in some form - cash, cheques, credit card slips and bankers' drafts, making this form of insurance essential for businesses large and small. A Money Insurance Policy covers loss of business money on business premises, or when carried by the insured or other employees, and personal accident cover is also included for those carrying money.

Requirements for Cover

  • Name of insured (Client, customer)
  • Address & Contacts
  • Location
  • Sum insured (SI) or value to be insured
  • Commencement date
  • Any one carry
  • Any one year or period
  • Estimated Annual Carry (EAC)

Pension Trustees Liability Insurance protects Pension Funds and their Trustees against claims made by third parties for matters including Breach of Trust, Maladministration and Wrongful Acts involving the actions of the Trustees to the Pension Fund. It can also provide cover for Overlooked Beneficiaries where a Fund has been or is being wound-up. The policies also provide cover for any costs incurred in defending claims.

Requirements for Cover

  • Name of pension fund
  • Name and contacts of beneficiary

This is the cover which cushions the insured against non performance of a contract.

Requirements for Cover

  • The client is required to fill the proposal form which contains all specific requirements.

This is insurance which covers plant and machinery against any external physical damage.

Requirements for Cover

  • Name of insured
  • Sum Insured
  • Physical location
  • Date of Commencement
  • Pin certificate (copy) and certificate of incorporation of the insured
  • Nature of Risk

A Professional Indemnity Cover is a type of liability insurance that helps protect professional advice and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages resulting from such a lawsuit. Simply put, if you are alleged to have provided inadequate advice, services or designs to a client, professional indemnity insurance provides cover for the legal costs and expenses in defending the claim, as well as compensation payable to your client to rectify the mistake. Professional indemnity insurance covers against a wide range of scenarios, including Professional negligence (i.e. making a mistake in a piece of work for a client), loss of documents or data, unintentional breach of copyright and/or confidentiality and more.

Requirements for Cover

  • Name of insured (client, customer)
  • Address & Contacts
  • Location
  • Nature of risk, e.g. lawyers, doctors e.t.c
  • Sum insured (SI) or value to be insured
  • Commencement date

If you manufacture or supply goods, there is always the possibility that your product could cause damage to third party - that could be property or third person. A small defect could open you to massive claims. So this cover is virtually important to product manufacturers. Product liability insurance guards you against safety claims, manufacturing quality, spoilage and indemnity costs (medical bills and so on).

Requirements for Cover

  • Name of insured
  • Physical location
  • Type of business
  • Estimated risk amount
  • Date of commencement
  • Pin certificate and certificate of incorporation

Public liability insurance covers you against any claim made against your business - for example if you were held legally liable for personal injury or for damage done to property. The insurance will also cover you for any legal costs associated with defending claims against your business. The premiums will depend on the type of business, your turn over and number of employers.

Requirements for Cover

  • Name of insured
  • Address & Contacts
  • Location
  • Nature of risk
  • Commencement date
  • Estimated risk amount

WIBA Insurance is a mandatory policy for many employers. This policy covers the employees of the Insured whilst on duty and engaged in the execution of the Insured's business and/or any project undertaken by the Insured, against accidental bodily injury, disablement or death. Compensation is payable in accordance with the provisions of the WIBA Act 2007. The maximum benefit is set at 96 months' salary.

Requirements for Cover

  • Job description of employee
  • Annual salary of employee
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