Short-term insurance for business

Commercial insurance in South Africa

Commercial insurance should be built around how a business actually operates — its assets, its contracts, its people and the losses it could not absorb on its own.

Alba Risk Partners is an authorised South African short-term insurance brokerage advising medium and large businesses nationwide. We structure commercial insurance programmes after understanding the risk, so that cover, limits and wording reflect the exposures the business really carries.

That means we start with the business rather than a product list. Once the exposures are understood, we decide with the client what should be retained, what should be mitigated and what belongs with an insurer.

Cover we arrange for South African businesses

Property and assets

Buildings, plant, stock, office contents and improvements, including fire, storm, theft and accidental damage cover, with sums insured tested against replacement cost.

Business interruption

Loss of gross profit, increased cost of working and additional expenses following an insured event, with indemnity periods matched to realistic recovery times.

Liability

Public and products liability, employers' liability and, where relevant, professional indemnity and directors' and officers' cover for the exposures a business creates for others.

Motor and fleet

Commercial vehicles, fleets and specialised units, including third-party liability and the practical arrangements around drivers, tracking and excesses.

Engineering and equipment

Machinery breakdown, electronic equipment, deterioration of stock and contract works cover for operations that depend on plant and technology.

Goods, transit and marine

Stock and goods in transit, marine cargo and imports, with cover aligned to delivery terms and contractual responsibility.

Crime, theft and cyber

Theft, money, fidelity and cyber exposures, considered alongside the controls and processes already in place inside the business.

Sasria and special risks

South African cover for riot, strike, civil commotion and public disorder, arranged alongside the underlying commercial policies.

Not every risk should be transferred to an insurer. Which of these sections belong in a programme, and at what limits, is a decision we make with the client — see risk and insurance.

Firms paid for their expertise carry a distinct exposure — read more on professional indemnity insurance in South Africa.

How a programme is put together

Understand the business

Operations, dependencies, contracts, premises, people and the consequences of disruption or loss.

Structure the programme

Sections, limits, deductibles and wording chosen for the exposures identified, not for the shortest quote.

Place and review

Cover placed with authorised insurers, then reviewed as the business changes, and tested honestly at claim stage.

Who this is for

Medium and large South African companies that need expert advice on risk, risk mitigation and commercial short-term insurance. We work nationwide, and our people work where our clients need them to be.

Alba Risk Partners (Pty) Ltd is an authorised Financial Services Provider (FSP 53987).

Talk to us about your commercial cover

Tell us what your business does and what you are worried about. We will start with the risk, not the quote.

Start a conversation

Or email us at info@albarisk.com