My family and I have enjoyed a personal and professional relationship with Clive and AIB for more than 30 years, and have found the staff at AIB to be willing and efficient...
Both AIB and Etana are serious about looking after client needs properly and genuinely in an open, personal and trustworthy manner. We are proud of our longstanding...
Clive, Harry and I have, in a business sense, almost grown up together. I am sure it is rare for people to say they have had a warm and personal relationship...
Idasa has had a long-standing relationship with AIB, initially with regards to insurance, and for the last three years as administrators of our Provident and Medical Schemes...
AIB became the preferred insurance broker to PostNet Southern Africa in 1994. Since that time they have serviced our account with integrity, efficiency and a commitment...
Associated Insurance Brokers (AIB) has a wealth of experience when it comes to short-term insurance trends and market conditions...
AIB is client centric, our long history and excellent pedigree means that our clients can rest assured that their insurance needs are well taken care of.
Our long history and excellent pedigree means that our clients can rest assured that their insurance needs are well taken care of.
AIB is client centric and whether your insurance needs are personal, commercial, corporate or specialized, AIB is the broker of choice in the following areas:
|Art Insurance||Building Insurance|
|Commercial Crime||Commercial Insurance|
|Construction Insurance||Credit Insurance|
|Engineering Insurance||Fidelity Guarantee|
|Liability Insurance||Marine Insurance|
|Motor Insurance||Travel Insurance|
|Vehicle Insurance||Yacht Insurance|
Frequently Asked Insurance Questions:
Q : What is an Insurance Broker?
An Insurance Broker is a FAIS licensed professional with the necessary "Fit and Proper" requirements to act on behalf of the client (insured) in all dealings with the insurance companies (insurers). They act as an agent for the insured (except in the collection of premiums) when dealing with the insurers.
Their main functions are to ensure that the insured's insurance business is placed with a reputable company, at competitive premiums and, at claims stage, to negotiate with insurers on the insured's behalf, to ensure that the insured receives the most favourable settlement and to deal with difficult claims in the best interest of the insured.
Q : Will an Insurance Broker save me money?
One of the functions of an Insurance Broker is to ensure that your premiums are competitive. As most insurers rely on brokers to maintain the relationship and act on behalf of the insured, in most cases, dealing directly with the insurer will in fact cost the client more as there is no one acting in their interests with regard to, inter alia, pecuniary matters.
Q : Why would my company need an Insurance Broker?
You know how to run your business - but how much do you know about the insurances available and the basis upon which to insure your assets, potential reduction in turnover and liability, to name but a few exposures? A professional Insurance Broker will assess your business risk, identifying your insurable risks and evaluating them in financial terms. Together with you an Insurance profile is achieved and your broker will then approach the insurance market to ensure that your business is placed with a reputable insurer at competitive premiums and most favourable terms.
Always ensure that your Insurance Broker is a truly independent brokerage which has no financial interest in any insurer, as this could create a conflict of interest situation. It is also important to ensure that your broker deals with the entire claims process in-house, and does not outsource this function, which is in essence, the most important function following on from the correct placement of risk.
Notwithstanding the advertising, it is not a function of an insurance company to fight for you, the client, to ensure that you receive superior service and personalized attention. This is a fundamental part of an Insurance Brokers' function, professionals who understand the business of insurance and, armed with this expertise, act on behalf on you, the insured, in all dealings with the insurance companies.