BDM is a managing general agent that offers tailored insurance solutions in the property and casualty lines of business, including fire, accidents and other risks, as well as pleasure craft. We distribute our products exclusively through a network of professional, independent insurance brokers. The information on our products available under the tab solutions is directed to insurance brokers and is as such purely informative for clients. A client wishing to underwrite a BDM product will have to revert to an insurance broker who will perform an analysis of the clients needs to determine if a product is appropriate and suits the clients profile.
The Belgian insurer Federale Verzekering has become the full shareholder of BDM since August 6, 2021. Federale Verzekering has taken over BDM’s managing general agent activities with regard to Property and Casualty insurance (fire, car, other risks and pleasure craft). Federale Verzekering opts for the insurance technical know-how of BDM, the interesting HNWI target group and the technical solutions for the self-employed and SMEs that are complementary to its own offer. BDM and Federal Insurance share complementary cultures that emphasize a passion for underwriting discipline and excellent claims management. BDM will maintain an independent position within Federale Verzekering as a fully-fledged subsidiary and will continue to steer an independent course within the distribution channel of the independent insurance brokers. BDM will continue to operate under its own brand name with its own products.