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Fortegra launches suretyship bond insurance business in the Baltic states through legal representative Masterisk
We advised UAB Masterisk on the establishment of a managing general agent (MGA) platform for the distribution of suretyship bond insurance products in the Baltic states on behalf of Fortegra Belgium Insurance Company NV, part of the international specialty insurance group Fortegra. This initiative marks an important step in strengthening the availability of alternative surety solutions for businesses in […]
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Gjensidige sells its business in the Baltics
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]