Pohla & Hallmagi has advised the KindlustusEst insurance broker on the sale of its commercial client portfolio to the Estonian office of global insurance broker Howden. Ellex advised Howden.
KindlustusEst describes itself as the second-biggest insurance broker company in the Baltics based on domestic capital.
Howden is an international insurance broker operating in 50 countries, employing 15,000 people, and handling USD 35 billion on behalf of clients.
The Pohla & Hallmagi team was led by Partner Toivo Viilup.
The Ellex team included Partners Risto Vahimets and Martin Maesalu, Senior Associate Meree Punab, and Lawyer Carmen Linda Plats.