Insurance for Property Developers in Kenya

A property developer in Kenya typically needs different covers at different stages of a project: contractors' all-risk and liability cover during construction, building and fire cover at practical completion, property owners' liability once the building is occupied, and loss-of-rent protection once it is earning.

Why you need it

What happens to your project if a major insured event delays completion? A development carries a different risk at every stage — materials and works on site, third parties around the hoarding, the finished structure at handover, then tenants and rental income. A single policy bought once rarely fits all of them.

We map cover to your project timeline so nothing is exposed between stages, and nothing is paid for twice. Because we broker across 9+ insurers, the construction phase, the completed asset and the income phase can each be placed where the terms are strongest — while you deal with one advisor throughout.

What's covered

Who this is for

• Residential and commercial property developers
• Joint ventures and SPVs delivering a specific project
• Developers whose financiers require insurance as a lending condition
• Contractors developing on their own account

Why arrange it through Naveah Capital?

Property risk is priced very differently from one insurer to the next — construction type, occupancy and claims record all move the premium. As an independent, IRA-licensed broker we place your risk where the terms are strongest across 9+ of Kenya's leading insurers, set sums insured at true reinstatement value so claims pay in full, and manage every claim from notification to settlement. It costs you nothing extra, and it's how our clients reach a 97% claims success rate.

Frequently asked questions