Banks and Financial Institutions

One of the most sophisticated and exposed industries throughout the GCC, banks, bank syndications, and financial institutions have come to understand the risks they face and the need to structure resourceful and effective insurance and risk programs.

IBH is proud to have helped such institutions across Saudi Arabia, the GCC, and MENA regions navigate through their growth to arrive at the protected yet constantly changing and growing programs of today. Specialist lines, managed closely with insurers and reinsurers on behalf of our clients are placed almost weekly. IBH pushes the envelope to support its clients with off-policy risk management initiatives where possible.

IBH enjoys special relationships and terms with leading global reinsurance markets for lines required by financial institutions. We help our clients protect both their core businesses as well as the businesses and projects they finance. We support with (among others) the following lines:

  • Bankers Blanket Bond (BBB) program
  • Cyber Risks and Insurances
  • Lenders Advisory and Compliance
  • Money 3D
  • Directors and Officers Liabilities
  • Mega Health and Employee Benefits Programs
  • Group Credit Life
  • Group Fleet Insurances