Industries We Serve
Comprehensive Insurance Solutions for Every Sector
At First Adequate Benefits Insurance Brokers Ltd. (FABIB), we deliver tailored insurance and risk management solutions designed to meet the diverse needs of industries across Nigeria. Our decades of experience, technical expertise, and strong partnerships with leading local and international insurers allow us to provide reliable, sector-specific coverage that protects businesses, institutions, and individuals from evolving risks.
Aviation
We offer specialized insurance programs for airlines, ground operators, aviation engineers, aircraft owners, and related aviation services. Coverage includes hull, liability, aviation third-party risks, and airport operations.
Power & Energy
From power plants to renewable energy projects, we provide insurance that safeguards against operational risks, machinery breakdown, fire, and business interruption.
Real Estate & Property Development
We protect real estate developers, property managers, and homeowners with solutions covering building risks, construction, fire/special perils, liability, and investment property protection.
Brewing & Beverage Production
Our tailored insurance programs cover breweries, distilleries, and beverage manufacturers against equipment breakdown, contamination, fire, transit risks, and business interruption.
Construction & Engineering
We provide Contractors All Risks (CAR), Erection All Risks (EAR), Builders Liability, and Engineering insurance solutions for construction companies, contractors, and project owners.
Educational Institutions
From basic schools to universities, we cover staff, students, assets, liability exposures, group life, property, and accident insurance for comprehensive institutional protection.
Finance & Banking Sector
Banks and financial institutions rely on our expertise for fidelity guarantee, professional indemnity, cyber insurance, and directors & officers (D&O) liability.
Health Industry
We support hospitals, clinics, laboratories, and medical practitioners with coverage for medical malpractice, equipment, property, liability, and staff protection.
Hotel & Hospitality Sector
Our insurance cover protects hotels, resorts, restaurants, and hospitality businesses from fire, theft, liability, guest-related risks, and business interruption.
Logistics & Supply Chain Services
We insure logistics companies, courier services, warehousing, haulage vehicles, and goods in transit (GIT) to ensure uninterrupted operations.
Manufacturing
Manufacturers benefit from our comprehensive industrial insurance programs covering machinery breakdown, fire, liability, production risks, and employee protection.
Public Sector & Government Agencies
We partner with federal, state, and local government institutions, providing structured insurance solutions for public infrastructure, workforce protection, and risk transfer programs.
Oil & Gas
FABIB offers specialized coverage for upstream, midstream, and downstream operations — including rig insurance, marine cargo, liability, and engineering risks.
Telecommu-
nications
We provide insurance for telecom operators, data centers, infrastructure investments, network equipment, and cyber risks.
Transportation
Our transportation insurance covers fleets, commercial vehicles, marine cargo, aviation-linked transport, and third-party liability for public and private operators.
Non-Governmental Organizations (NGOs)
We deliver tailored solutions for NGOs, donor-funded programs, volunteer groups, and humanitarian organizations — covering staff, assets, liability, and field operations.
Agriculture & Agro-Allied Industry
Farmers and agro-processing businesses benefit from crop insurance, livestock protection, equipment cover, and warehouse risks.
Entertainment & Media
Our insurance solutions for the entertainment sector include equipment, production risks, event liability, performers’ protection, and media project coverage.
Chemical & Pharmaceutical Industry
We provide comprehensive cover for chemical plants, pharmaceutical manufacturers, laboratories, and distributors — including fire, contamination, liability, and regulatory risks.
Food & Beverage
Food processors, distributors, retailers, and cold-room operators rely on us for product liability, equipment cover, fire/special perils, and goods in transit.
Why Our Industry-Specific Approach Works
Deep understanding of sector risks
Tailored solutions rather than generic policies
Strong local & global insurance partnerships
Fast and reliable claims support
Dedicated account managers for each industry
FABIB delivers protection that aligns with your industry, your goals, and your future.
