Baltic Underwriting Agency, AB (BUNDA) is a Coverholder at Lloyd’s, authorized to represent the worldwide leading insurance and reinsurance market in Baltic Sea region.
Take a closer lookStarted back in 1688, Lloyd’s is an insurance and reinsurance market that customers and brokers around the world can only access through Lloyd’s brokers or Lloyd’s Coverholders.
In 2015 BUNDA, Coverholder at Lloyd’s, opened the door to Lloyd’s for Baltic customers.
“As usual” insurance decisions can be very costly. With BUNDA representing preeminent capacities of Lloyd’s, you can get the insurance you actually need, not just the one you are used to buying. Our scope of coverage is usually broader and the limits are higher than the ones that can be normally obtained in the Baltics’ insurance markets. Surprisingly, we still manage to keep our prices fair to the local market.
Since its appointment a Coverholder at Lloyd’s back in 2015, BUNDA demonstrates a rapid business growth by offering its clients a set of proven insurance products. Still, we have much of flexibility in responding the changing market needs: if you have ideas for development of new insurance solutions, let’s talk about it now!
Even if you wish to discuss your specific request with the risk underwriter, in most insurance companies you would not be able to do so. At BUNDA, we do not keep our risk professionals hidden – truly experienced team of the decision-making underwriters is available to discuss your needs whenever required.
Insurance, protecting the company when third parties suffer bodily injury or property damage as a result of its operations performed or products (services) delivered. More...
Get a QuoteA type of liability insurance, covering Directors and Officers for claims made against them and resulting from managerial decisions that have adverse financial consequences. More...
Get a QuoteInsurance, indemnifying the company and its customers for damages, related to the use of the Internet and information technologies in dailyoperations of the company. More...
Get a QuoteThis insurance can offer protection for your business if a client claims you have made a mistake, been negligent or offered poor advice. More...
Get a QuoteInsurance coverage, protecting the hauler in case cargo is damaged, destroyed or lost because of the insured perils. More...
Get a QuoteCargo carriers, freight forwarders and warehouse keepers are insured against claims, when they are liable for damage to or loss of property under their care, custody and control. More...
Get a QuoteIt’s a financial support in the event when the insured person suffers sudden and unexpected accident, causing bodily injury, disability or death. More...
Get a QuoteThis type of life insurance was created to ensure the financial protection of your loved ones in the event of the insured's death during the policy's validity period. This risk of death encompasses various cases (natural death, death due to illness) and by combining this risk with accident insurance, the client will have comprehensive insurance coverage for various life events. More...
Get a QuoteA specialized form of insurance designed to protect individuals, families, and organizations from the financial risks associated with kidnappings, extortions, and other similar criminal acts. More...
Get a QuoteInsurance that will cover the unexpected expenses related to trips abroad: in case urgent medical assistance is needed, the luggage is late or lost, the journey is cancelled or postponed for important reasons and more. More...
Get a QuoteWhatever we say, a claim is the best proof of quality of the insurance coverage.
While financial strength of Lloyd’s is undisputable, BUNDA’s clients enjoy even greater advantage offered by the local team:
Local language: claim handling process is communicated and documented in local language, so there is no need to translate documents that you would otherwise have to do when working with foreign insurers.
Claims fund: BUNDA is managing a claims fund – amount of money, entrusted to BUNDA’s own discretion and intended solely for claims indemnification. So, most of the claims’ payment decisions are taken locally, with no prior consent by Lloyd’s. This ensures claims payment in a fast and simple way.
