Jeddah: Fall Center, Jeddah, Prince Sultan St. First Floor, office No. 107
Riyadh: Jood Center, Riyadh, Salahaldin St. Building No.3 Second Floor, office No. 15
Agriculture
Facultative
Agriculture
This policy covers sudden, accidental, and external damages to the machinery insured, due to any cause other than what has been specifically excluded from the policy. The policy covers machinery used, whether operating or not, whilst being dismantled for the purpose of cleaning or overhauling, whilst being moved within the premises or during subsequent re-erection. The policy only insures machinery after an initial successful commissioning
Extensions:
Extensions:
- The policy can be extended to cover.
- Third party liability - personal injury and property damage.
- Damage to owners' surrounding property.
- Loss or damage due to any internal electrical or mechanical breakdown, defective lubrication, lack of oil or coolant although any consequent external damage is payable.
- Loss or damage to replaceable parts or attachments such as bits, drills, knives, dyes, molds etc. • Loss or damage whilst in transit from one location to another.
- Losses due to wear and tear, corrosion, rust, deterioration, atmospheric conditions.
- Loss or damage during test operating or whilst being used for a purpose other than that initialy designed for.
- Loss or damage to machinery working underground.
- Loss or damage for which the supplier or manufacturer is responsible either by law or under the contract.
Aviation
Facultative
Aviation
Aviation Liability - The Aviation Liability policy would provide insurance cover for liability to pay damages and costs from the following: Aviation insurance is a policy that offers property and liability coverage for aircraft.
It Covers:
It Covers:
- Losses resulting from aviation risks that come about due to the maintenance and use of aircraft
- Property damage
- Loss of cargo
- Injury to people
- It protects both its owners and aircraft operators from unforeseen losses.
Cyber
Facultative
Cyber
Cyber Risk - A cyber insurance policy, 'Cyber risk' to cover any risk of financial loss, disruption or damage to the reputation of an organisation from some sort of failure of its information technology systems.
Extensions:
Extensions:
- Physical loss or Damage
- Liability to Third parties
- Data restoration costs
- Loss of revenue
- Customer notification and credit monitoring services.
- Regulatory defense costs including fines and penalties.
- Cyber extortion costs (ransoms).
- Reputation management costs.
Engineering
Facultative
Engineering
Risk Covered:
Extensions:
- Bodily injury (mirrors and sometimes enhances the definition used in the general liability (GL) policy).
- Property damage (mirrors and sometimes enhances the definition used in the GL policy).
- Cleanup expenses (usually as required by environmental laws with available enhancements by class of business)
- Defenses costs (usually included within the limit of liability).
Extensions:
- Non-owned waste disposal sites.
- Transportation of pollutants as cargo.
- Business interruption.
- Loss of rents
- Extra expense
- Reputational damage
- Midnight dumping on insured locations.
- Coverage for fungi/bacteria as defined pollutants.
- Amended definitions of cleanup costs for contaminates that are not regulated as hazardous materials (fungi/bacteria).
Financial lines
Facultative
Environmental
Risk Covered:
Extensions:
- Bodily injury (mirrors and sometimes enhances the definition used in the general liability (GL) policy).
- Property damage (mirrors and sometimes enhances the definition used in the GL policy).
- Cleanup expenses (usually as required by environmental laws with available enhancements by class of business)
- Defenses costs (usually included within the limit of liability).
Extensions:
- Non-owned waste disposal sites.
- Transportation of pollutants as cargo.
- Business interruption.
- Loss of rents
- Extra expense
- Reputational damage
- Midnight dumping on insured locations.
- Coverage for fungi/bacteria as defined pollutants.
- Amended definitions of cleanup costs for contaminates that are not regulated as hazardous materials (fungi/bacteria).
Marine
Architecture
Marine
Risk Covered:
Institue Cargo Clauses A (ICC A)
Institue Cargo Clauses B (ICC B)
Extensions:
Extensions:
Institue Cargo Clauses A (ICC A)
- Theft, pilferage and non-delivery
- Rough handling
- Piracy
- Perils covered under ICC B & ICC C
Institue Cargo Clauses B (ICC B)
- Washing overboard. Entry of sea, lake or river water into vessel, craft, hold, conveyance, container, lift van or place of storage.
- Earthquakes, volcanic eruptions & lightning.
- Loss of package dropped overboard while loading / unloading from vessel / craft.
- Perils covered under ICC C.
Extensions:
- SRCC - Strike, riots and civil commotion (including terrorist acts).
- FOB - Where the inland transit is required to be extended to cover goods until they are loaded on board thevessel.
Extensions:
- Willful misconduct of the insured.
- Ordinary leakage, loss in weight, wear and tear .
- Insufficient or unsuitable packing.
- Inherent vice or nature of subject-matter insured.
- Unseaworthiness of vessel.
- Delay, even if caused by a risk insured against.
- Insolvency or financial default of carrier.
- Deliberate damage or destruction of the subject-matter insured.
- Use of nuclear weapons.
- War and strikes.
- Terrorism
- Radioactive contamination, chemical, biological, bio-chemical and electromagnetic weapons.
- Nuclear energy risks.
- Seepage and pollution.
Property
Architecture
Property
Risk Covered:
- Fire
- Lightning
- Explosion
- Aircraft, or other aerial devices or articles dropped there from Impact by vehicles, watercraft, locomotives or rolling stock.
- Earthquake
- Riot
- Strike
- Civil commotion
- Malicious damage
- Bursting or overflowing of water apparatus
- Impact of own vehicle.
- Theft or attempted theft (by violence to persons or threat thereof or by violent and forcible entry to or exit from the premises) and Accidental loss or damage.
Energy
Architecture
Energy
Life
Facultative
Life
Political Violence
Facultative
Political Violence
Perils Covered:
- An act of terrorism and/or sabotage
- Malicious damage;
- Riots, strikes, civil commotion;
- Invasion, acts of foreign enemies, hostilities (whether war be declared or not) civil war, rebellion, revolution, coup d’État, insurrection or mutiny; or .
- War.
Proportional
Treaty
Proportional
