Lines of Business

Lines of Business

Between our internal team and our client producers we have experience in most lines of business.

IBS have experience of Broking and Underwriting both insurance and reinsurance in the following disciplines;

  • After-the-Event Insurance: After-the-event (ATE) insurance is insurance for legal costs should the insured lose their court case.
  • Asbestos Insurance: Provides insurance cover to companies working in the Asbestos Removal Industry
  • Aviation Insurance: Aviation insurance provides coverage for hull losses as well as liability for passenger injuries, environmental and third-party damage caused by aircraft accidents
  • Before-the-Event Insurance: Before-the-event (BTE) insurance is taken out by those wishing to protect themselves against potential litigation costs that could be incurred following a usually hypothetical future event.
  • Bloodstock Insurance: Insurance for owners and breeders of horses
  • Boiler Insurance: Insurance for domestic boilers and central heating
  • Bond Insurance: Bond insurance (also known as “financial guaranty insurance”) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security.
  • Builder’s Risk Insurance: Builder’s risk insurance is a special type of property insurance which indemnifies against damage to buildings while they are under construction.
  • Business Interruption Insurance: Business interruption insurance covers the loss of income that a business suffers after an event while its buildings are being repaired or rebuilt.
  • Cargo Insurance: Cargo insurance covers damage to or loss of goods whilst in transit.
  • Casualty Insurance: Casualty insurance, or liability insurance, is coverage of an individual or organization for negligent acts or omissions.
  • Catastrophe Bond: Catastrophe bonds are risk-linked securities that transfer a specified set of risks from a principal to investors.
  • Chargeback Insurance: Chargeback insurance is insurance for merchants who accept credit cards and need protection against both fraud and their liability to the servicing bank.
  • Commercial Insurance: Commercial insurance is comprehensive insurance for businesses.
  • Construction Insurance: Insurance for contractors major construction projects.
  • Contents Insurance: Contents insurance is insurance that pays for damage to, or loss of, an individual’s personal possessions whilst they are located within that individual’s home.
  • Contingency Insurance: Insurance for event cancellation, filming and non-appearance.
  • Contractors Insurance: Professional indemnity cover for contractors liability.
  • Critical Illness Insurance: Critical illness insurance provides payment if the policyholder is diagnosed with one of the listed illnesses.
  • Crop Insurance: Cover for the agricultural industry if crops are damaged or fail
  • Death Bond: Death bonds are securities made up of multiple life insurance policies purchased from their original owners by investors and pooled into bonds.
  • Dental Insurance: Healthcare Insurance for dental treatment.
  • Deposit Insurance: Cover for bank depositors if a bank is unable to pay depositors their money.
  • Directors and Officers Liability Insurance: Covers directors of a company if they incur costs after being sued for acts committed in their capacity as director of a company.
  • Employers Liability: Insurance for employers if their employees are injured at work.
  • Energy Insurance: Comprehensive cover for the Energy Industry.
  • Engineering Insurance: Insurance for machinery and electronic equipment.
  • Errors & Omissions: Insurance for professional individuals or companies to cover against the cost of professional negligence claims.
  • Expatriate Insurance: Specific comprehensive cover for people working abroad
  • Fidelity Bond: A fidelity bond is covers companies for losses that they incur as a result of fraudulent acts by employees.
  • Fine Art: Specific comprehensive cover for works of art.
  • Health Insurance: Insurance for medical care and treatment.
  • Home Insurance: Property insurance for the home.
  • Homeowners Insurance: US property insurance for the home.
  • Income Protection Insurance: Insurance if a person loses their job.
  • Inland Marine Insurance: Insurance to protect property in transit.
  • Jewelers Block: All-risk insurance covering jewelers’ stocks including property of others in the custody of the insured.
  • Keyman Insurance: Insurance for companies that compensates them if a leading member of staff can no longer work.
  • Kidnap and Ransom Insurance: Cover bought by companies to cover the cost and ransom in attempting to secure the release of members of staff that have been kidnapped.
  • Landlords Insurance: Specific all risks insurance for landlords.
  • Lenders Mortgage Insurance: Insurance for mortgage lenders should the borrowers default on their loan repayments.
  • Life Insurance: Insurance for named beneficiaries relating to an individual that pays out when the individual dies.
  • Long Term Care: Specific liability insurance for Care homes.
  • Loss of License: Insurance for pilots or drivers who loose their license due to ill health.
  • Marine Insurance: Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination.
  • Motor Insurance: Property and liability insurance for vehicle owners.
  • Motorsport Insurance: Property insurance for motorsport teams or individuals
  • Payment Protection Insurance: Insurance for borrowers who become unable to service their debts.
  • Pension Term Assurance: A form of life insurance.
  • Personal Accident: Insurance to cover individuals or employees if they are injured or sick.
  • Pet Insurance: Insurance to cover pets and vet bills.
  • Political Risk Insurance: Political risk insurance insures companies that incur losses as a result of political changes in the country they are doing business in.
  • Pollution Insurance: Liability insurance for companies that are found to have polluted the ground or water where they are operating.
  • Prize Indemnity Insurance: Insurance for paying the prize money for companies holding competitions.
  • Product Liability: Liability Insurance for manufacturers of products that provides cover should the product be faulty or cause injury.
  • Professional Indemnity Insurance: Insurance for professional individuals or companies to cover against the cost of professional negligence claims.
  • Property Insurance: Insurance for damage to property.
  • Protection and Indemnity Insurance: Protection and indemnity insurance, is a type of marine insurance provided by a P&I club. A P&I club is a mutual insurance association that provides cover for its members, who will typically be ship-owners or operators.
  • Public Liability: Public Liability Insurance covers any awards of damages to a member of the public due to an injury or damage to their property caused by an individual or company.
  • Rent Guarantee Insurance: A specific form of Landlord insurance.
  • Space Insurance: A form of Aviation insurance for satellites covering launch failure, hull, improper orbit and liability.
  • Specie Insurance: Insurance for valuable property.
  • Term Life: Life insurance for a defined period.
  • Terrorism Insurance: Specific cover in respect of a terrorist incident.
  • Trade Credit Insurance: Trade credit insurance is an insurance policy for companies wishing to protect their accounts receivable from loss due to default or insolvency.
  • Travel Insurance: Insurance for individuals covering loss of property, travel disruption and health during the trip.
  • War Risk Insurance: Property damage due to acts of war usually for the shipping or aviation industry.
  • Weather Insurance: A form of contingency insurance regarding bad weather.
  • Worker’s Compensation: US employers liability insurance.
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