The engineering sector, as a major driver for growth, is critical to Nigeria economic development. AIB Insurance solutions and risk management for the engineering industry help businesses of all sizes in the sector build resilience and financial stability in the face of today’s multi-dimensional risk exposures! Our Engineering team at AIB is familiar with operators in the engineering industry including Financiers, Developers, Owners, Principals, Employers, Purchasers, Main Contractors, Sub-Contractors, and Supplier-Installers who are involved in: The construction or erection of all types of civil, electrical, mechanical engineering projects. The managing and on-going operation of these types of industrial developments/projects. The use/operating or leasing (hiring-out) of Contractor’s Plant and Machinery. Companies operating in the fields of civil, electronic, mechanical or structural engineering.
Engineering Insurance Package
Below are our insurance solutions based on the analysis of the industry’s risk exposures.
- Contractor All Risks Insurance (CAR)
- Erection All Risks (EAR)
- Plant All risks Insurance
- Machinery Breakdown Insurance
- Computer All risks & Electronic Equipment Insurance
- Boiler & Pressure Vessel insurance
Other Classes of Insurance
- Group Personal Accident Insurance
- Motor Insurance
- Fire & Special Perils Insurance
- Burglary Insurance
- All Risk Insurance
- Group life Insurance
- Group Health Insurance
- Directors & Officers Liability Insurance
- Professional Indemnity Insurance
- International Travel
- Bond Insurance