Broker strengthens its presence in the Baltic States

Colemont Global continues to strengthen its presence in the Baltic States with the acquisition of one of the top insurance brokers in Lithuania, UADBB Hansa Draudimo Brokeris, from Hansabank.

"This marks an important development in Colemont's continuing global expansion and completes our presence in the Baltic Region where we already operate from Estonia and Latvia," said Surinder Beerh, chief executive officer of Colemont Global.

Bronius Stankevicius has been appointed Managing Director of Colemont's new acquisition which will be renamed UADBB Colemont Draudimo Brokeris. He will report to Heiki Nurmeots, chairman of the board of Colemont Eesti Kindlustusmaakler.