Our Shariah-compliant Property All Risk Insurance was developed to protect your business properties, such as buildings, machinery, equipment, and goods, from potential risks like damage or loss.

Sharia insurance is a system where participants share the risks by donating (infaq) part or their entire contribution through the tabarru fund, which will be used to pay the claim in case an accident occurs to one or some of the participants. Sompo Insurance’s role in this case is that of a fiduciary company that manages and invests the funds collected from participants’ contributions. The insurer is responsible only for the operational management of the funds and not as the underwriter, as commonly found in conventional insurance.

Similar to the conventional product, Property All Risk Sharia covers your business properties from various risks according to Sharia principles, laws, and policies. Sompo Insurance works with you to conduct a proper risk analysis of your assets and issue recommendations required for you to prevent or minimize potential risks while transferring those risks to us. So, you can have peace of mind and focus on growing your business.