THE NEED FOR THE SERVICES OF BOI INSURANCE BROKERS

The primary function of Insurance companies is to provide cover against specific risks (perils and liabilities) that are likely to disrupt the smooth operation of a business concern.  These risks have to be identified and minimized, before being transferred to the Insurers. This makes insurance business highly technical. This is where our services are required.

BOI Insurance Brokers Limited’s team of Insurance experts and professional possess the ability and experience to define risks accurately and comprehensively coupled with skill needed to obtain the insurance contract at the most favourable terms and competitive rate without any form of prejudice to the quality of cover you have purchased or intend to purchase.

We, accordingly, offer our customers skilled and up-to-date technical expertise in addition to the following benefits:

  • Provision of advisory services in respect of all classes of Insurance.
  • Evaluation of present Insurance coverage to determine adequacy.
  • Make appropriate recommendation.
  • Negotiation of premium rates to ensure they are competitive and commensurable with risks
  • Placement of your insurance requirement with reputable insurers.
  • Effective follow-up and processing of claims to ensure you obtain full Indemnity.
  • Record keeping of all your insurance policies.
  • Regular reminders on due premium to avoid premium payment Build-up.
  • Prompt renewal to avoid loss of cover.
  • Professional and consistent consultancy on insurance matter.

It is important to note here, that our services do not attract any additional cost to the various organizations that we deal with i.e. our services are free of charge, as we normally receive our remuneration from the underwriters in the form of commission.