OUR STORY

BMIB - Balder Marine Insurance Brokers was established in Limassol, Cyprus in 2017. Our company is fully regulated by the Superintendent of Insurance under License No. 6095. Visit the Insurance Companies Control Service (ICCS) register for more information on BMIB.

We strongly believe in Cyprus as a key market in the international shipping industry. Being based here allows us to fulfill our role as a top marine insurance broker, liaising between all the important players around the globe.

Our executives and support staff have been active in Cyprus for several decades, yet the origins of the company are elsewhere. As our namesake Balder (Baldr) suggests, BMIB “set sail” in Scandinavia, but after a short journey, we landed here in the Mediterranean.

Bald(e)r is a god in the Norse mythology. He was said to have the “greatest of all ships”, the Ringhorn. Bald(e)r was known for his great courage and honor, but his most notable power was invincibility. Unfortunately, his one weakness (mistletoe) was exploited by the trickster god Loki, and eventually lead to his death.