Insurance Brokers' Solutions
Unsecured Bid Bonds through Banks Regulated by CBK
We facilitate the issuance of unsecured bid bonds through reputable banks regulated by the Central Bank of Kenya (CBK). This solution allows contractors and service providers to participate in tenders without the need for upfront collateral or cash cover. It offers a faster and more accessible way to meet tender requirements and grow your business opportunities.
Performance Bonds/Guarantees through Banks Regulated by CBK
Our performance bonds are issued through trusted CBK-regulated banks, ensuring your business meets contract execution requirements with credibility. These guarantees assure project owners of your commitment and capability to deliver as agreed. The unsecured nature of this facility allows you to preserve your working capital while fulfilling contractual obligations.
Bank Guarantee to Insurance Regulatory Authority (IRA)
Supreme Guarantees assists insurance intermediaries in securing bank guarantees required by the Insurance Regulatory Authority (IRA). These guarantees help meet compliance standards for licensing and continued operations within the insurance sector. We streamline the process to ensure timely issuance through banks regulated by CBK.
Unsecured Insurance Premium Financing (IPF) to Insurance Brokers clients
We offer Insurance Premium Financing to clients of insurance brokers, enabling them to access full insurance coverage without paying the entire premium upfront. This unsecured facility allows for flexible repayment over an agreed period, easing the financial burden. Our solution helps brokers close more policies while improving affordability for clients.
Affordable & Flexible Working Capital Financing
Supreme Guarantees provides working capital financing tailored to the operational needs of insurance brokers and their clients. Whether it’s to manage day-to-day expenses, pay staff, or bridge cash flow gaps, our financing solutions offer flexible terms without unnecessary delays. We understand the dynamics of the insurance industry and provide funding that aligns with your business cycles.