Insurance partners
BUNDA insurance
BUNDA (Baltic Underwriting Agency, AB) is an authorized Lloyd’s coverholder for the global insurance and reinsurance market in Lithuania, Latvia, and Estonia. BUNDA offers specialized insurance products, often featuring broader coverage and higher insured limits than is typical in the Baltic market.
You can currently obtain a quote for BUNDA business insurance—such as directors and officers (D&O) liability insurance—through "Man ramu".
Baltic Underwriting Agency, AB
Claims and assistance
In the event of damage, contact BUNDA directly.
Claims under policies issued by BUNDA are administered by BUNDA—in Lithuania and in the Lithuanian language—while payouts are guaranteed by Lloyd’s.
Notification of loss or claim
Contact BUNDA at [email protected] or +370 5 266 7799. Please provide the policy number and a brief description of the incident.
Under civil liability policies (e.g., D&O), notify the insurer immediately—within the timeframe specified in the policy—of any claim or lawsuit received, and do not admit liability without the insurer's consent.
Amendment and Termination of the Agreement
Modifications to the terms of the agreement and its termination are administered by BUNDA; therefore, please contact them directly at [email protected] or +370 5 266 7799.
Upon termination of the contract, the unused portion of the premium is refunded in accordance with the terms of the policy.
"Man ramu" helps you compare and purchase a BUNDA policy. If any issues arise regarding a policy purchased through "Man ramu," please contact us.
Insurance options
BUNDA Insurance via "Man ramu"
BUNDA products are currently primarily intended for business clients. We will prepare a proposal tailored to your company's specific details.
Directors and Officers (D&O) Liability
Protects company executives and board members against personal liability for decisions made in the performance of their duties, as well as against defense costs.
To receive a quote, please fill out the short inquiry form.
Other business risks
If you are looking for specialized coverage or higher insurance limits than those typically offered on the market, please contact us—we will assess whether BUNDA and Lloyd’s can provide a solution.
Read more – business insurance.
About the insurer
What are BUNDA and Lloyd’s?
BUNDA is not a typical insurance company; it is an authorized representative of Lloyd’s that assesses risks, issues policies, and administers claims in the Baltic states on behalf of Lloyd’s.
Lloyd’s authorized representative
Since 2015, BUNDA has held the authority granted by Lloyd’s to independently conclude insurance contracts and determine premiums and other contract terms.
Such a company is called a coverholder.
Who bears the risk?
In the event of an insured loss, the risk is assumed by Lloyd’s syndicates. Lloyd’s is a London-based insurance and reinsurance market comprising over 90 syndicates.
Company Details
Baltic Underwriting Agency, AB
Kęstučio st. 59, LT-08124 Vilnius
Tel. +370 5 266 7799
Email: [email protected]
FAQ
Frequently Asked Questions about BUNDA
Is BUNDA an insurance company?
BUNDA is an authorized Lloyd’s coverholder. It assesses risks, issues policies, and administers claims on behalf of Lloyd’s, while the risk is underwritten by Lloyd’s syndicates.
Who administers claims under the BUNDA policy?
Claims are administered by BUNDA – in Lithuania and in the Lithuanian language. Claim payouts are guaranteed by Lloyd’s.
How do I report a claim under the BUNDA directors' civil liability policy?
Upon receipt of a claim or lawsuit, or upon becoming aware of circumstances that could lead to one, immediately notify BUNDA at [email protected] or +370 5 266 7799.
Directors' and officers' liability policies typically cover claims made during the policy period; therefore, a delayed notification may result in a refusal to pay the claim. Do not admit liability or negotiate compensation without the insurer's consent.
What makes the products offered by BUNDA special?
As a representative of Lloyd’s, BUNDA can offer specialized products, broader coverage, and higher insurance limits than those typically available on the Baltic market.
How do I get a BUNDA offer via "Man ramu"?
Fill out the business insurance inquiry form at pro.manramu.lt. We will prepare a proposal tailored to your company's details.
How do I terminate or modify a BUNDA contract purchased through "Man ramu"?
Contract changes and termination are administered by BUNDA, so contact directly: [email protected] or +370 5 266 7799.
Offers in one place
Get a BUNDA business insurance quote
Fill out the inquiry form – we will prepare a personalized offer and, if appropriate, compare it with solutions from other insurers.
Civil liability of executives
Protection for executives and board members against personal liability.
"Man ramu" partners
