Products and Services

A KeyNet Insurance services writes a broad spectrum of reinsurance products to make up a highly diversified portfolio. The Company takes a prominent position on Bond Underwriting, selected Excess of Loss covers as well as Facultative risks that match our risk appetite.

In addition, KeyNet Insurance is a leader on regional Life and Property accounts and on Motor Extended Warranty treaties administered through its subsidiary, Gulf Warranties.

 

Surety Bond:
A surety bond is a promise to be liable for the debt, default, or failure of another. It is a three-party contract by which (The obligee), the party who is the recipient of an obligation, (The principal) the primary party who will be performing the contractual obligation, (The surety) who assures the obligee that the principal can perform the task. A variety of surety insurance is available, however we offer three (3) main types of insurance sureties;
*Performance Bond
*Payment Bond
* Bid Bond

Life:
Awareness and demand for Life cover and related benefits are increasing rapidly throughout the region. In response, KeyNet Insurance is able to offer a dedicated reinsurance platform backed by a team with international experience. Depth of service and training are essential to our clients, who have a keen interest in seeing their Personal Lines business expand.

Property:
Reflecting the portfolio composition in our markets, Arig writes a considerable book of Property accounts where the Company assumes significant risk positions on quality risks.

Personal Accident:
Any injury that causes permanent or temporary partial or total disability will entitle the injured person (insured) to be indemnified. In the event of mortality due to any accident, family members (beneficiaries) will be indemnified, and repatriation costs of the mortal remains will be covered.

Marine Insurance:
Marine insurance is an insurance against loss by damage to or destruction of cargo or the means or instruments of its transportation whether on land, sea, or air — see also inland marine insurance, ocean marine insurance.