Ever since founded, BULSTRAD VIENNA INSURANCE GROUP has been insuring the risks involved in the sector of Bulgarian shipping and navigation, and currently it is a leader in it based on its extensive experience and traditions in marine insurance.

This insurance is subject to the General Conditions of Vessels Insurance of ZAD BULSTRAD VIENNA INSURANCE GROUP and the Institute Time Clauses Hulls — Time 1.11.95.

Insurance coverage is provided for all vessels, including floating docks and platforms, during periods of construction, testing and chiefly during vessel operation.

The insurance covers are chosen by the customer and are based on Total and/or Partial Damage to Hull, Collision Liability, General Average and Salvage, War and Strikes, etc.  

In addition to commercial ships, also insured are small vessels and pleasure-craft, including luxury yachts. The insurance is subject to the General Conditions of Small Vessels Insurance and the English Institute Yacht Clauses 1.11.85. The coverage and comprises Extended Hull Cover, Minimum Hull Cover, General Liability, Personal Accident for the Seats, Carriage of Watercraft, etc.  

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was founded on 31 July 1961. Since then the company has developed all lines of insurance and reinsurance business, such as aviation and marine, in which we have a leading position on the Bulgarian insurance market; cargo and property, motor insurance, construction-and-erection risks, personal lines and others.

In 1967, the Company registered its broking company in London, EUROPEAN INSURANCE AND REINSURANCE BROKERS (EIRB).