OREANDA-NEWS. November 28, 2012. General insurance for Nordea customers in the Baltics will be offered by If from 2013, reported the press-centre of SORAINEN.  

To ensure an efficient partnership and competitive offerings to customers, Nordea used external international expertise for support in a thorough business analysis and benchmark study of the Estonian, Latvian and Lithuanian markets.

The analysis resulted in a new partnership agreement in the Baltics with If, a leading nonlife insurance company in Scandinavia, with over 3.6 million customers. If is owned by the Sampo group and supplies insurance services in Sweden, Norway, Finland, Denmark, the Baltics and Russia.

SORAINEN advised Nordea on Lithuanian, Latvian and Estonian law aspects of the agreement. The SORAINEN team of lawyers led by partner Tomas Kontautas (Lithuania) included partner Rudolfs Engelis (Latvia), senior associates Tomas Talutis (Lithuania), Ieva Andersone (Latvia), Risto Agur (Estonia), and associate Santa Selga (Latvia).