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.
In 2020 the Belgian insurer Federal Insurance has reached an agreement with Navigators Group, the actual shareholders of BDM, to take over the MGA-activities of BDM for Property and Casualty insurances (property, motor, casualty and pleasure craft). Federal Insurance invests in the technical insurance know how of BDM, the segment of High Networth Individuals and the technical solutions for self employed and small and medium enterprises that complement the offer of Federal Insurance. BDM and Federal Insurance share complementary cultures that focus on a passion of underwriting discipline and exceptional claims management. BDL will maintain an independent position within Federal Insurance and will continue its independent direction within the distribution environment of independent insurance brokers and will continue to distribute its own products under its proper brand.