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Walless Helps Revolut Payments Get On List of Insurance Brokers

Walless Helps Revolut Payments Get On List of Insurance Brokers

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Walless has helped Revolut Payments UAB get on the Bank of Lithuania's official List of Insurance Brokers, allowing Revolut to engage in insurance distribution activities.

According to Walless, Revolut Payments "is the first company in Lithuania [to take] advantage of the recent amendments of the Lithuanian Law on Insurance, allowing market participants providing other financial services to also register as Insurance Brokers."

Revolut Payments plans to provide insurance distribution services related to travel and mobile device insurance through its app.

The Walless team was led by Associate Partner Laurynas Narvydas.

Lithuanian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

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