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investments newskenya-investment-news

Britam General Insurance Launches Comprehensive Aviation Insurance Products

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In a significant development for the aviation industry, Britam General Insurance has unveiled a comprehensive insurance product aimed at both businesses and individuals operating within the aviation sector. The new coverage not only extends to personal protection for crew members but also encompasses a wide range of offerings, including legal liability coverage, airport owners’ and operators’ liability protection, as well as hull all risks and hull war insurance.

Britam General Insurance, a prominent player in the insurance sector, has expressed its commitment to addressing the specific needs and challenges faced by the aviation industry in Kenya. With their latest product launch, the company aims to provide peace of mind to aviation clients, allowing them to focus on their core operations while being confident in their comprehensive insurance coverage.

Jackson Theuri, the CEO and Principal Officer at Britam General Insurance, emphasized the company’s dedication to safeguarding aviation clients. “We understand the risks involved and are committed to providing our clients with comprehensive coverage and exceptional customer service,” he stated.

One of the notable features of this new insurance offering is its inclusivity, covering all types of aircraft, including single-engine aircraft such as turbo engine, piston engine, and rotor engine aircraft. These aircraft, whether operated locally in Kenya or internationally, can now benefit from Britam’s tailored insurance solutions.

The coverage includes crew personal accident insurance, which provides protection for pilots, flight attendants, out-stationed personnel, and other aviation-related personnel against accidents that may occur during the course of aviation-related activities.

Legal liability insurance is another essential component, covering all sums that an insured party becomes legally obligated to pay as damages. This includes compensation for bodily injury and damage to property sustained by third parties due to aviation-related incidents.

Furthermore, airport owners’ and operators’ liability insurance protects airport premises, hangars, and products distributed by the insured party or their employees. This coverage is crucial for airport owners and operators seeking to mitigate potential financial liabilities.

Britam General Insurance’s new aviation insurance solutions are tailored to address the unique requirements of airport owners, operators, transporters, and other individuals and corporations involved in the aviation industry in Kenya. 

Importantly, these insurance offerings can be purchased as a packaged product or as separate components, allowing customers to customize their coverage according to their specific needs. This flexibility ensures that clients have the ability to tailor their insurance protection to suit their unique circumstances.

In an industry where safety and protection are paramount, Britam General Insurance’s comprehensive aviation insurance products are poised to make a significant impact, providing a safety net for aviation businesses and individuals in Kenya.

Photo Source: Victor Matara

10th September, 2023
By: Delino Gayweh
Serrari Financial Analyst

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