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Claims Mitigation

Our goal at TIB is to ensure the swift handling of claims and to apply all means necessary to guarantee best possible results for our clients. Here are some examples of claims in excess of SAR 100K which have been handled by TIB on behalf of clients:

Industry

Claim type

Claim amount

Year

Beverage manufacturing Property/Fire SR. 131,000 2008
Food manufacturing Marine SR. 170,000 2010
Commercial center Property/Fire SR. 383,000 2010
Telecommunication Fidelity SR. 101,000 2010
Commercial center Property/Fire SR. 1,070,000 2010
Beverage manufacturing Property/Fire SR. 2,339,000 2011
Restaurant chains Marine SR. 231,000 2011
Construction C.A.R SR. 380,000 2011
Commercial center Machinery Breakdown SR. 250,000 2011
Electronics Marine SR. 110,000 2011
Medical Equipment Marine SR. 191,000 2011
Poultry Marine SR. 220,000 2012
Medical supplies Property/Fire SR. 1,098,000 2012
Woodworks Property/Fire SR. 118,000 2012
Pharmaceuticals Property/Fire SR. 19,000,000 2012
Ink manufacturing Marine SR. 205,000 2012
Various industries Medical (corporate) Handled over 2,500 claims 2013
Various industries Motor (comprehensive cover) Handled over 350 claims 2013
Traffic monitoring Electronic Equipment SR. 380,000 2014
Commercial Center Machinery Breakdown SR. 550,000 2014
 
 

 
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