Balder Marine Insurance Brokers

Transparent insurance broking combined with the best securities in the market at the most competitive rates.


The preferred network partner of Fairwater Marine AB

Together with our network partner Fairwater International Insurance Brokers, we offer specialized knowledge and experience with our Cyprus based executives. Our process involves provision of industry and ship owner/ship manager insurance coverage using the unique combination of leading underwriters and selected following markets resulting in an economic costing - all with A rated security.

Claims management
Balder takes the pain out of claims handling by managing and negotiating right up to a successful settlement.

The solution for your needs
Our concept is coupled with the option to use either of several differing insurance conditions, each being appropriate for certain owners/operators which ensures the application of the best cover.

When did you last evaluate all bids against your existing insurance costs? We compare indications from markets and insurers on a daily basis.

Bulk buying
When you approach Balder to buy insurance you will automatically benefit from the existing bulk placings known as economies of scale. Offered together with Fairwater Marine AB of Stockholm.


BMIB insurance services

We offer a wide range of marine insurance services. Don’t hesitate to contact us if you have any questions or need consultation


For owners

Hull & Machinery insurance
Hull & Freight Interest insurance
Loss of Hire insurance
War & Trading to War Area
Protection and Indemnity insurance
Liability Extensions
Freight, Demurrage and Defence
Strike & Delay


For managers

Managers Professional Indemnity Insurance


For charterers

Charterers Liability insurance
Charterers Freight, Demurrage and Defence
Strike & Delay (Charterers Risks) - Class I & II


Leading underwriters & top rated security

Balder Marine Insurance Brokers are pleased to announce the opening of our new office in Limassol, Cyprus. We are confident the Cyprus based owners and operators will benefit from our focused approach to all aspects of the insurable risks. Balder Marine Insurance Brokers Ltd is fully regulated by the Superintendent of Insurance under licence No. 3768.


James Stafford is a Qualified ACII and Chartered Insurance Practitioner with more than 40 years’ experience in marine and off-shore insurance, both broking and claims in London, Canada, Cyprus and the Middle East Gulf States.

Kristian Groke is a Qualified Insurance Practitioner, Dipl. Betriebswirt Insurance, University of Cologne, with more than 30 years experience in insurance and reinsurance, captive management and accountancy in Germany, Luxembourg and Cyprus.


Yan Chan is an organized and adaptable administrative assistant with over 20 years good experience working in various office environments. She is tri-lingual including fluency in Cantonese and Mandarin.


Insurance License (greek) »
Insurance License (eng) »
Certificate of incorporation »


BMIB on ICCS Ministry of Finance » (Search for Balder Marine Insurance Brokers)
Cyprus Ministry of Finance website »


We’re here to help and protect your business

Contact us for tailored services and a personal quotation. You may also contact us via our live chat. Simply click the chat icon in the bottom right corner to start a chat.


Email & call

General inquiries

Read more about claims here

+357 25 722953

+357 25 340535

Visit & write

Mail address
PO Box 58182
3731 Limassol
Republic of Cyprus

Visiting address
4/301 Andrea Mantole
4105 Agios Athanasios
Republic of Cyprus



Send us a message

Subject *
I'm interested in
Name *