Colemont Draudimo Brokeris

What Colemont Draudimo Brokeris does

Colemont Draudimo Brokeris (legal name: UADBB "Colemont draudimo brokeris") is a Vilnius-headquartered insurance brokerage firm founded in 2004 and operating as the sole Lloyd's of London coverholder in Lithuania. The firm arranges commercial insurance coverage for Baltic enterprises, placing approximately 50% of its risks directly into the Lloyd's market under delegated underwriting authority. Its product portfolio spans roughly 40 lines grouped by vertical: enterprise liability (Directors & Officers, Professional Indemnity, General Liability, Crime), property and business interruption, specialty lines (Cyber, War/Terrorism/Political Violence, Product Recall, Prize Indemnity, Over-Redemption), construction (CAR/EAR, surety bonds issued through Liberty Mutual Surety, technical supervisor liability), transport (cargo, CMR carrier liability, marine/yacht, aviation, seaport, railroad), sports and entertainment (athlete contract, event, film, art, hunters), and IT-specific coverages including product liability for Amazon sellers. The firm has settled approximately 20,000 claims and paid out €30 million cumulatively to clients.

The company serves more than 2,000 clients with 10+ year relationships, including 3 of the 5 largest Lithuanian companies, with named reference clients across sports (Lithuanian Basketball Federation), architecture (JP Architektūra), legal services (Mažeika ir partneriai), and healthcare (Limedika). Operations span four offices: Vilnius (headquarters), Kaunas (regional), Tallinn (Estonian branch), and London (UK branch at Whitechapel High Street). Revenue is generated exclusively through brokerage commissions on policies bound through Lloyd's syndicates, with quote-based, risk-tailored pricing and annual billing cadence; no public revenue figures are disclosed. The leadership team is led by General Director Giedrius Čiurinskas (15 years of insurance experience, Lloyd's-qualified for D&O risk evaluation), with regional heads and product-line directors covering Lithuanian regions, the Baltic region, Lloyd's product development, surety and construction risks, and global risks. Go-to-market is enterprise field sales supplemented by industry event presence, content marketing, and professional network referrals.

Name

Colemont Draudimo Brokeris

Legal name

UADBB "Colemont draudimo brokeris"

Website

https://colemont.lt

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Colemont Draudimo Brokeris is a Lithuania-based insurance brokerage firm and the sole Lloyd's of London coverholder in Lithuania, arranging complex and non-standard commercial insurance coverage for Baltic enterprises across professional services, construction, IT, transport, sports, and retail verticals.

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAEADAB

Commercial Lines Insurance Brokerage

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEADAJ

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEADAD

Wholesale Insurance Brokerage (Excess & Surplus Lines)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

Keywords

• Commercial insurance brokerage
• Lloyd's coverholder services
• Professional indemnity insurance
• Directors and officers liability
• Specialty risk insurance

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Insurance Brokerage Commissions: Colemont generates revenue as an authorized Lloyd's broker by arranging insurance coverage for clients and earning commissions from insurers. As a coverholder at Lloyd's, they have delegated underwriting authority to bind insurance contracts on behalf of Lloyd's syndicates.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Colemont Draudimo Brokeris is an authorized Lloyd's of London coverholder and insurance brokerage firm that arranges commercial insurance coverage for Lithuanian and Baltic businesses. The firm intermediates insurance contracts with Lloyd's syndicates and other insurers, providing access to specialized and non-standard risk coverage (directors & officers liability, professional indemnity, cyber risk, construction, surety bonds, cargo, marine, aviation) that is unavailable in the local Lithuanian market. It generates revenue through brokerage commissions and delegated underwriting authority.

Product overview

Colemont Draudimo Brokeris is an authorized Lloyd's coverholder operating in Lithuania, offering a comprehensive portfolio of commercial insurance solutions through the Lloyd's of London marketplace. The company's product portfolio includes core liability products (Directors & Officers, Professional Indemnity, General Liability), specialty lines (Cyber Risk, War/Terrorism, Crime), property and business interruption coverage, and specialized sector solutions for IT companies, professional services (lawyers, auditors, bankruptcy administrators, construction designers), construction (CAR/EAR, bonds through Liberty Mutual Surety, technical supervisors), sports and entertainment (event cancellation, film production, athletes, hunters, artworks), transport (cargo, marine, aviation, railroad, motor carriers), and sales promotions (product recall, prize indemnity, over redemption). The company serves as a Lloyd's gateway providing access to A-rated (A.M. Best, S&P, Fitch) insurance capacity with individual risk assessment and customized coverage development.

Differentiator

Problem solved

Functional benefit

Products and services

• Directors & Officers Liability Insurance Insurance protecting company directors and officers from personal liability arising from alleged wrongful acts in their managerial capacity; positioned as a Lloyd's specialty line.
• Professional Indemnity Insurance Coverage for professionals (lawyers, auditors, IT firms, designers) against claims arising from negligent services or advice causing financial loss to clients; includes mandatory professional liability variants.
• General Liability Insurance Third-party liability coverage for bodily injury, property damage, and personal injury occurring on business premises or operations.
• Cyber Risk Insurance Protection against losses from cyber attacks, data breaches, network failures, and related liabilities including notification costs and reputation damage.
• War, Terrorism, and Political Violence Insurance Coverage for losses arising from war, terrorism, sabotage, civil unrest, and political violence incidents, placed via Lloyd's market.
• Property and Business Interruption Insurance Combined coverage for physical assets (buildings, equipment, contents) against damage or loss, plus loss of income and continuing expenses when business operations are disrupted by covered perils.
• Construction All-Risk Insurance (CAR/EAR) Mandatory insurance for construction works covering damage to the construction project itself and third-party liability arising from construction activities.
• Surety Bonds Insurance Guarantee coverage for construction contracts, bid bonds, performance bonds, and payment bonds issued through Liberty Mutual Surety.
• Crime Insurance Protection against financial losses from employee dishonesty, fraud, theft, and other criminal acts.
• Product Recall Insurance Coverage for costs associated with recalling products due to contamination, safety issues, or defects, including crisis management and third-party losses.
• Prize Indemnity and Over-Redemption Insurance Coverage for promotional campaigns and sales promotions where redemption rates or prize outcomes exceed forecasts, protecting marketing budgets from over-redemption and refund guarantees tied to sporting events.
• Event Insurance Coverage for event cancellation, postponement, or disruption due to weather, performer illness, or other covered risks, including civil liability for events.
• Film and Art Insurance Specialized coverage for film and media productions (equipment, cast, production interruption) and artworks/collections against damage, theft, or loss during storage, display, or transit.
• Professional Sportsmen Insurance Insurance covering athletes against career-ending injuries, disability, and death, providing lump sum payments and wage protection.
• Health and Personal Accident Insurance Coverage for medical expenses, hospitalization, accidental death, permanent disability, and temporary disablement with lump sum benefits; includes group personal accident variants for employer-provided employee coverage.
• Motor Insurance (CASCO and MTPL) Vehicle insurance covering damage to owned or leased vehicles from accidents, theft, vandalism, and natural perils (CASCO), plus mandatory third-party liability coverage for vehicle owners (MTPL).
• Transport and Cargo Insurance Combined coverage including CMR carrier liability, marine/yacht hull insurance, seaport third-party liability, aviation risk, railroad rolling stock, mobile equipment, and goods-in-transit cargo insurance by land, sea, or air.
• Mandatory Professional Liability Insurance for Licensed Professions Mandatory professional indemnity coverage tailored for lawyers, auditors, bankruptcy administrators, construction designers, energy equipment installers, and construction technical supervisors as required by Lithuanian law.
• Insurance for Financial Institutions Specialized coverage for banks, investment firms, and other financial services companies.
• Product Liability Insurance for E-commerce / Amazon Sellers Product liability coverage specifically designed for e-commerce sellers on marketplaces like Amazon.

Quantifiable outcome

• €30 million in total claims paid to clients
• +2 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Lloyd's of LondoncoreStrategic or Co-development Partner · 1 January 2014Colemont is the official Lloyd's coverholder in Lithuania, authorized to underwrite and issue insurance contracts on behalf of Lloyd's syndicates. This partnership provides Colemont's clients access to A-rated insurance capacity from the world's oldest insurance market. Colemont has received delegated binding authority from Lloyd's to assess risks and price coverage without referring to London.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Marsh: World's largest insurance broker with Baltic presence, providing commercial insurance brokerage, risk management, and consulting. Directly comparable in commercial lines brokerage but at a vastly different scale and without Colemont's Lloyd's coverholder focus.
• Aon: Global insurance brokerage and risk advisory firm with operations across the Baltic states. Offers a much wider portfolio of products and risk engineering capabilities but lacks Colemont's exclusive Lloyd's coverholder specialization in Lithuania.
• Lockton: World's largest independent insurance brokerage with strong specialty practice and European presence. Comparable to Colemont in specialty commercial lines but operates globally without Colemont's Baltic-niche focus.
• WTW (Willis Towers Watson): Global advisory, broking, and solutions firm with Baltic operations, offering commercial insurance placement and risk advisory. Competes in the same commercial brokerage space as Colemont but operates across a much broader product set.

Direct peers

• Howden: Specialty insurance broker with strong Lloyd's market relationships and presence across Europe including emerging markets. Comparable to Colemont in its specialty-line focus and Lloyd's access but at significantly larger scale.
• Miller Insurance: Independent London-based Lloyd's broker specializing in complex and specialty risks. Similar business model to Colemont as a Lloyd's-focused specialty broker, though Miller is UK-headquartered and serves a global client base.

Others

• AIG (American International Group): Global insurance carrier providing D&O, professional liability, and specialty coverages. While primarily an underwriter rather than broker, AIG's specialty lines overlap with Colemont's product portfolio in the Baltic region.
• Liberty Specialty Markets: Lloyd's-affiliated specialty insurer partnering with Colemont on surety bonds. Represents the carrier side of the Lloyd's ecosystem in which Colemont operates as a coverholder and broker.

Regional players

• BIB Insurance Brokers: Lithuanian insurance brokerage firm offering corporate insurance solutions. Direct regional competitor in the Lithuanian market, competing for similar commercial and specialty insurance clients.
• Ingo Insurance Brokers (Lithuania): Lithuanian insurance brokerage providing commercial and personal insurance products. Competes with Colemont in the Lithuanian commercial insurance market with broader product offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/colemont

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Colemont Draudimo Brokeris