AIB Cape Insurance [2025 Update]

Informative profile about the AIB Cape Insurance Company. Be educated about the AIB Cape Insurance Company policies, claims, quotes, complaints, reviews, and contact number.

About AIB Cape Insurance Company

Associated Insurance Brokers (Cape) was established in 1983 and today is one of the largest independently run insurance brokerages in South Africa.

AIB Cape comprises a formidable team with complimentary skills and the underlying passion to service the needs of their clients.

Throughout AIB Cape’s history, we have enjoyed consistent growth and a low staff turnover ratio. This has been as a result of providing a personalized and professional service to our clients, investing and developing our staff, as well as maintaining excellent relationships with our partner insurance companies.

AIB Cape of today, is here to help you with insurance, through unique and competitively priced insurance products, designed just for you and backed by a high performance claims team.

Our core offering is access to great people. Knowledgeable insurance people, who really care about understanding your needs and who consistently deliver on these needs. Personable people, who always try their very best to ensure you have a remarkable insurance experience, every time you deal with them. AIB Cape people come to work everyday, for you.

Types of AIB Cape Insurance Products and Services:

AIB Cape Insurance is categorized into three. These are;

Personal Insurance

AIB Cape is here to help you insure your personal assets, from the contents of your house to your private dwelling and motor cars. Competitive pricing and unique personal insurance solutions are included as standard with all our offerings.

Buildings: Cover for the building, including fixtures and fitting and other structures named in the policy. The main events covered are Fire and Storm
House Contents: Cover for all your personal belongs inside a building. The main events covered are Fire, Storm and Theft
All Risks: Cover designed for personal property that is portable, like cellphones, bicycles, cameras etc.
Motor: Cover for your motor vehicles. The three types of cover available are Comprehensive, Balance of Third Party, Fire & Theft and Third Party only.
Pleasure Craft: Cover for your personal water craft, including the option to cover associated and insurable liability risks
Personal Liability: Cover for your personal legal liability to third parties, should you negligently damage their property or cause them injury.
Extended Personal Liability: Cover that increases or “tops up” the sum insured of your Personal Liability section.
Travel: Cover for when you travel. Some cover examples include insurance for Emergency Medical Expenses, Lost baggage and Personal Liability.
Personal Accident: Cover to named persons for death or injury due to an accident.

Business Insurance

Commercial insurance in South Africa comes as a packaged product, allowing you to select cover based on your risk. Examples of cover include Fire, Theft, Business Interruption, Public Liability, Motor, Electronic Equipment to name but a few. AIB Cape team is ready to help you select the best cover for your business insurance.

Assets: Cover for assets can be facilitated under Fire, Buildings Combined, Office Contents, Electronic Equipment
Consequential Loss: Cover for reduction of Turnover or Revenue following an insured Material Damage loss, can be facilitated under Business Interruption and Loss of Profit following Machinery Breakdown.
Crime: Cover for events arising from crime only, can be facilitated under Theft, Money and Employee Theft (Fidelity Guarantee).
Transit: Cover for property transported within South Africa can be facilitated under Goods in Transit.
Liabilities: Cover for insurable legal liabilities to third parties, caused through your negligence, can be facilitated under Public Liability and Employers Liability.
Accidents to Persons or Property: Accident cover is available for accidental damage to property and for accident to named persons or positions.
SASRIA: Cover is available through the South African Special Risks Insurance Association(SASRIA) for events arising from civil commotion, public disorder, riots & strikes.

Specialist Insurance

Specialist insurance relates to risks not typically catered for in standard packaged commercial products. Examples include Marine, Construction, Engineering, Specialized Liability and Cyber Insurance. AIB Cape team is ready to help you select the best Specialist Insurance cover for your business.

Construction: Cover for building and construction contracts, including civil contracts. Cover typically includes insurance for the Works and the associated liability risks, arising from the insured Contract.
Engineering: Cover for the machinery breakdown risk, including reduction in Turnover following machinery breakdown. Plant insurance for cranes, forklifts etc. is also catered for under this heading. Cover can include loss or damage to the insured Plant, including hiring charges or loss of use cover.
Marine: Cover for international cargo risks and marine hull. Specifically, we have the expertise to facilitate Import, Export and Stock Throughput cover for international cargo.
Liability: Cover for various forms of specialized liability including Professional Indemnity, Product Inefficacy, Product Recall, Employment Practices, Environmental Impairment and Directors & Officers.
Corporate Travel: Cover for when you travel on business. Some cover examples include insurance for Emergency Medical Expenses, Lost baggage and Liability.
Cyber: Cover for cyber breach e.g. data restoration costs, cyber extortion etc., including insured legal liability cover for data breaches and fraudulent funds transfer cover.