Shipping and Logistics

IBH has built extensive expertise in serving some of the largest and most diverse shipping and logistics companies in the region. Throughout the GCC, IBH ensures that thousands of shipments and storage facilities are appropriately covered for the specific risks the region entails - From Oil & Gas shipments valued in the hundreds of millions of dollars to express one-off shipments of important documents.

At the heart of the international and regional reinsurance industries, and with a large tangible servicing presence across the GCC and MENA, IBH is able to provide its clients with effective and global solutions with strong local servicing and support. Some of the insurances most common to this industry, purchased through IBH, include:

  • Global Marine Cargo Umbrella program
  • Local and Regional Marine Cargo
  • Hull and Machinery
  • Land Transit
  • Carrier’s Liability Insurances
  • Fleet Insurances (Motor, Trucks, Etc.)
  • Property
  • Some of the tools most effectively employed by IBH to build sustainable and effective programs include:
  • Property Risk Control
  • IBH E-Services
  • Cost containment
  • Program Tracking
  • Reinsurance Driven Placements