BizBora is a commercial insurance package offered by ICEA LION in Kenya, designed specifically for Small and Medium-sized Enterprises (SMEs) . It functions as a “package policy” that allows business owners to combine several essential covers into a single plan with one premium and one policy document.

Key Features

1. Modular Structure: The policy is divided into sections that you can select based on your business needs:

   • Section A: Fire and Perils: Covers buildings and contents against fire, explosions, lightning, earthquakes, riots, strikes, malicious damage, storms, floods, burst pipes, and impact.

   • Section B: Burglary: (Implied cover for theft involving forced entry).

   • Section C: All Risks: Typically covers portable equipment or valuable items away from the premises.

   • Section D: Public Liability: Protects against claims from third parties for injury or property damage occurring due to business operations.

   • Section E: Money: Covers loss of cash on premises or in transit.

   • Section G: Employers Liability: Covers legal liability for employee injuries or illnesses arising from employment.

2. Customization: The policy is “tailor-made,” meaning you don’t have to buy all sections. ICEA LION works with you to assess risks and select only the relevant covers.

3. Target Businesses: It is aimed at retail outlets and service providers such as boutiques, bakeries, grocery stores, cyber cafes, electronics shops, butcheries, salons, barber shops, and eateries.

Target Audience

• Landlords: Owners of buildings (or sections of buildings) used for business.

• Tenants: Business owners renting space, covering their assets (machinery, stock, furniture, electronics) within the premises.