Business Multirisk insurance is the most underestimated policy in the Angolan market. It covers the assets, equipment and operations that form the financial heart of the organisation — but is rarely arranged with the depth it deserves.
What is included
A well-structured Business Multirisk policy covers, in a single package:
- Fire, lightning, explosion — catastrophic losses that can shut down the company
- Water damage — bursts, infiltration, liquid spillage
- Theft and burglary — including violent third-party theft
- Electrical risks — surges, short-circuits, equipment burnout
- Natural perils — storms, flooding, cyclones
- Operations civil liability — damage caused to third parties during the activity
- Business interruption — lost profits while operations are halted
The blind spot: business interruption
When a company suffers a serious loss (fire, flood, vandalism), the problem isn't only to rebuild — it's to continue paying salaries, rents and suppliers while there is no revenue. Business interruption coverage compensates precisely for this lost profit. It's the difference between a company that survives the crisis and one that closes its doors.
Specifics of the Angolan market
In Angola, some risks carry particular weight:
- Logistics and warehousing — warehouse stock value is often the largest company asset
- Imported equipment — slow replacement with high currency costs
- Fire risk — especially in industrial zones with limited infrastructure
Correct policy sizing (sum insured and deductibles) is critical. Underinsuring reduces the premium but results in proportionally reduced compensation in case of loss — a classic trap.
How HEXA approaches this
We conduct technical site visits, inventory assets, recommend the correct sum insured and compare proposals from the main insurers in Angola. Request a free technical assessment.