+251116610272
Mon - Sat 09:00 - 17:00
Sunday Closed
Addis Ababa, Ethiopia
22 Square Rewina Buliding 3rd Floor
our services
UIB acts as your trusted confidant, offering insightful advice on identifying and mitigating risks, guiding you in effective risk management strategies, and ensuring you have the right insurance coverage tailored to your needs. By shouldering the responsibilities associated with insurance, Ultimate allows you to concentrate fully on your business without the burden of navigating complex insurance matters.
- Assessing your risk
- Identifying your insurance needs
- Making sure that you have the appropriate policy coverage with a price that commensurate the risk and the market
Insurance
Insurance is a way to manage your risk. When you buy insurance, you purchase protection against unexpected financial losses. The insurance company pays you or someone you choose if something bad happens to you. If you have no insurance and an accident happens, you may be responsible for all related costs.
Personal Insurance
Home Insurance
Homeowners insurance protects your home and belongings from covered perils, as well as your assets if you are found to be liable for someone else’s injuries or property damage.
Health Insurance
Health insurance is a type of insurance that typically pays for the insured’s medical, surgical, prescription drug, and sometimes dental expenses.
car Insurance
You do not have to wait for an accident or mishap to realize the importance of having adequate car insurance.
Risk analysis and contract design
We identify our clients’ personal or business risks in terms of frequency and severity and construct the most appropriate insurance cover; or suggest alternative risk management mechanisms.
Contract negotiation
We develop, distribute, collect and evaluate insurance bids for our clients’ insurable risks. We then identify competitive premium rates and solicit an agreement between the selected insurance company at the behest of our clients.
Contract administration
We ensure the availability of smooth information exchange between our clients and their selected insurance company. We check the adequacy, consistency, and inclusiveness of the insurance covers and ensure that the insurance policies are active at all times.
Consultation and training
We provide risk management consultancy services tailored individually to each of our clients; with regards to legal, economic, technological, and social variables. Additionally we offer insurance and policy-specific trainings to create awareness of which risks are covered and what conditions need to be followed to have a valid insurance cover and claim request.
Claim process facilitation
We assist in the presentation, follow-up, negotiation, and speedy settlement of claims; ensuring that our clients’ are swiftly compensated with due courtesy.
Unique offerings
To our clients with life and medical insurance claims we have set up a direct claim reimbursement mechanism in which we offer ‘on-the-spot claim payment’ from our own accounts and later seek a refund from the insurance company.
“ምትክ” (directly translating to substitute) is the service in which we provide a temporary replacement car to our corporate clients whose vehicle is damaged due to an accident and taken to a garage for repair by the insurance company.
“ሎሌ” (directly translating to servant) is the service in which we assist the general public in handling & negotiating claim cases on their behalf.
