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Insurance Services

BSM provides comprehensive Insurance services tailored to meet ship owners’ needs and focused on protecting customers’ best interests at all times.

We have a trusted reputation and extensive experience in the insurance market with strong and long-term relationships built over the years with P&I Clubs, Underwriters and Adjusters, allowing us to offer customers the benefit of competitive terms with a wide scope of coverage in all aspects of marine insurance.

The Insurance team of BSM consists of experienced personnel, capable to manage and handle all types of claims from the very beginning an incident occurs to the final settlement, taking a lot of pressure off from ship owners. Our close relationship with top rated insurers enables us to discuss about each claim, ensuring the best solution is provided to each customer.

BSM offers customers competitive premium rates for the following marine risks:

  • P&I
  • FD&D
  • Hull & Machinery
  • Increased Values / Disbursements
  • Loss of Hire
  • Drugs Seizure Cover
  • War Risk Cover
  • Kidnap & Ransom
  • Cash Box / Cash in Transit