What KOMINSUR does

KOMINSUR (legal name: Kominsur Kindlustusmaakler OÜ, Registry Code 11111547) is a licensed Estonian insurance broker founded in 2005, registered with the Estonian Financial Supervision Authority, and headquartered in Tallinn at Villardi 22, with representative offices in Sillamäe (eastern Estonia) and a branch office in Riga, Latvia (Kominsur Kindlustusmaakler Latvijas Filiāle). The company operates a multi-line insurance brokerage placing coverage with the largest Western European insurers and Lloyd's of London syndicates across roughly 20 product categories spanning business lines (property, liability, transport, cargo, CMR/freight forwarder liability, construction all risks, housing association, financial/guarantee, employee health) and private lines (home, motor third-party liability, casco, travel, accident, health, pet), with a heritage specialty in maritime insurance including yacht, small craft, P&I and H&M coverage, and a more recent aviation insurance offering.

The underlying technology is a comparatively standard insurance brokerage platform: a multilingual website (Estonian, Russian, English) with online quote-request forms and deterministic insurance calculators for yacht, motor (Kasko) and cargo, plus direct-broker interaction by phone and email. There is no proprietary AI, no integrations list, no mobile app, and no developer API; differentiation rests on broker expertise (in particular marine and claims handling), an in-house claims department that handles disputes with insurers, and access to Lloyd's syndicate capacity for specialty risk placement.

KOMINSUR's revenue model is brokerage commissions on placed policies across personal, commercial, and marine lines, characterized in the data as subscription-like recurring commission streams. The go-to-market is sales-led: direct relationships with clients via a team of licensed insurance brokers (multi-lingual, with Russian-speaking capacity across Estonia and Latvia), supported by the website's self-service quote forms. The customer base is split across business clients (corporate), private clients (individuals), and maritime clients, with the firm claiming worldwide coverage subject to local market restrictions on specific products. Headcount is in the 11–50 band and ownership is private, family-led, with no disclosed parent, institutional investors, or funding rounds.

Name

KOMINSUR

Legal name

Kominsur Kindlustusmaakler OÜ

Website

https://kominsur.ee

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

KOMINSUR is a licensed Estonian insurance broker founded in 2005, placing multi-line personal, commercial, and specialty (marine, aviation, CMR) coverage with Lloyd's syndicates and major Western European insurers for clients in Estonia and Latvia.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

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

akta.pro secondary industries

Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ), Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD)

Keywords

• Insurance brokerage services
• Marine insurance
• Cargo insurance
• Corporate risk advisory
• Personal insurance coverage

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance brokerage commissions: As a licensed insurance broker, KOMINSUR earns commissions from insurance providers when placing insurance policies for clients. The company acts as an intermediary representing client interests with insurers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

KOMINSUR is a licensed insurance broker operating since 2005 that places insurance policies on behalf of clients with major European insurers and Lloyd's syndicates, earning brokerage commissions. The company serves both business clients (property, liability, cargo, transport, CMR, employee, construction, housing association, financial/guarantee insurance) and private clients (home, motor, casco, travel, accident, health, pet insurance), with specialized expertise in maritime/yacht insurance (P&I and H&M coverage) and aviation insurance.

Product overview

KOMINSUR is a licensed insurance broker (Registry Code 11111547) with 20 years of experience, registered by the Estonian Financial Supervision Authority. The company operates as a multi-product insurance brokerage offering a comprehensive portfolio of insurance products for both business clients (Äriklient) and private clients (Eraklient). The business client segment includes property insurance, liability insurance, transport insurance, cargo insurance, CMR insurance, employee insurance, construction insurance, housing association insurance, and financial/guarantee insurance. Private client offerings cover home insurance, motor/traffic insurance, casco insurance, travel insurance, accident insurance, health insurance, and pet insurance. Additionally, the company specializes in yacht and small vessel insurance (maritime insurance with P&I and H&M coverage) and aviation insurance. KOMINSUR collaborates with major European insurers and Lloyd's syndicates to provide worldwide coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Äriklient (Business Client Services) Comprehensive business insurance services bundling property, liability, transport, cargo, CMR, employee, construction, housing association, and financial/guarantee insurance for corporate clients in Estonia and Latvia.
• Eraklient (Private Client Services) Personal insurance services bundling home, motor, casco, travel, accident, health, and pet insurance for individual consumers in Estonia.
• Väikelaevakindlustus (Yacht and Small Vessel Insurance)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Lloyd's SyndicatescoreTechnology or IntegrationPartnership with Lloyd's syndicates for accessing specialized insurance capacity and global coverage. Lloyd's is known for complex and specialty insurance lines.
• Western European Insurance ProviderscoreTechnology or IntegrationCollaboration with the largest and most reliable insurance providers in Western Europe for comprehensive coverage options.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Lockton Companies: Lockton is the world's largest independent insurance broker, with significant specialty practices in marine, aviation, and complex commercial risks — comparable to KOMINSUR's specialty positioning but at dramatically larger scale and with international Lloyd's access.
• Howden Group: Howden is a global specialty insurance broker with deep marine, aviation, and complex-risk expertise and Lloyd's market access — directly comparable to KOMINSUR's specialty marine/aviation franchise but operating at global scale with significantly broader capacity.
• Aon Estonia: Aon is a global insurance and reinsurance broker with Baltic presence, offering the full suite of corporate risk, marine, aviation, and specialty broking that overlaps with KOMINSUR's corporate and specialty practice — operating at much larger scale and broader geography.
• Marsh (Marsh Baltics): Marsh is a global insurance broker and risk advisor with Baltic operations, providing corporate risk, marine, cargo, aviation, and specialty brokerage — overlapping directly with KOMINSUR's specialty and commercial offerings but at vastly larger scale and with global capacity.

Direct peers

• Seesam Insurance: Seesam is a Baltic-focused insurance company (and broker-adjacent distributor) operating in Estonia, Latvia, and Lithuania, offering many of the same multi-line products (motor, home, travel, health, business) as KOMINSUR, in the same geographic markets with overlapping client segments.
• Compensa Vienna Insurance Group: Compensa (part of Vienna Insurance Group) operates as a Baltic insurance carrier/broker with Estonian and Latvian operations covering motor, property, liability, and travel lines — directly comparable in product and geography to KOMINSUR.
• If P&C Insurance (Baltics): If P&C is a major Nordic insurer with Estonian and Latvian operations, distributing motor, home, and commercial insurance through agency/broker channels — directly comparable to KOMINSUR's personal and commercial offerings in the same markets.
• ERGO Insurance SE (Baltics): ERGO operates as a multi-line insurer/broker in Estonia and Latvia, offering property, motor, travel, liability, and corporate lines through agency/broker channels — directly overlapping KOMINSUR's commercial and personal client offerings in the same Baltic markets.
• BTA Insurance (Baltic): BTA is one of the largest insurance providers in the Baltics, with established Estonian and Latvian operations selling motor, property, travel, and commercial insurance — making it a directly comparable multi-line competitor in KOMINSUR's core markets.
• Gjensidige (Baltic operations): Norwegian-headquartered Gjensidige has Baltic operations (Latvia, Lithuania) offering personal and commercial insurance through agency/broker networks — directly overlapping KOMINSUR's product mix and multi-country Baltic footprint.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kominsur-insurance-broker-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries1 record

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 KOMINSUR