About Us

Insurance is bought on one day and tested on another, sometimes years apart. Most of the trouble we see in Kuwait comes out of that gap: a policy that looked fine at renewal turns out to exclude the one thing that actually went wrong. Our work is to close that gap before it opens.

What a broker actually does

An insurance company represents itself. We represent you. Overseas Assurance Brokers has worked as an independent broker in Kuwait since 1989, licensed and supervised by the Insurance Regulatory Unit, and we place business with around 27 Kuwaiti and regional insurers across 16 classes of business. We are paid a commission by whichever insurer ends up issuing the policy, so our advice costs you nothing beyond the premium you would be paying anyway.

How a file moves through our office

• Enquiry. We ask what you own, operate or owe, and what a bad month would look like for you. That becomes the brief.
• Market comparison. We approach the insurers whose appetite fits the risk and read the quotations against each other: wordings, exclusions, deductibles, sub-limits, warranties and claim conditions, not price alone.
• Placement. We explain the shortlist in plain terms, you decide, and we handle the paperwork, the endorsements and the certificates.
• Claim. You call us, not the insurer. We notify, assemble the documents, deal with the loss adjuster and follow the file until it is settled.

What independence means in practice

No insurer owns us and nobody gives us a quota to fill. If the cheaper policy is written badly, we say so. If the widest cover is not worth the difference for your exposure, we say that too. When a claim is moving slowly, or is declined on a reading of the wording we think is wrong, we argue it, because the client is the party we answer to.

Individuals and companies

The same office looks after a household motor policy and designs a construction or property programme with several insurers on it. Anyone can be under-insured, and the fix is the same in both cases: find out what the exposure really is, then buy against it. Your policies, schedules, certificates and claim updates sit in our online portal, so you are not searching an old inbox for a document at the moment somebody asks for it.