Dentons advises EBRD and Triglav Group on their investment in Polish insurtech Trasti

Global law firm Dentons has advised its long-standing client, the European Bank for Reconstruction and Development (EBRD), and leading Slovenian-based insurance and financial group, Zavarovalnica Triglav, d.d. (Triglav Group), on their equity investment in Trasti, a rapidly growing insurtech company headquartered in Poland.

The EBRD and Triglav are providing a joint equity package of PLN 88.1 million (€20.7 million).

The investment will support Trasti’s expansion, financing the growth of its digital business. It will also support enhancement of Trasti’s technology and platform, improving the company’s operational efficiency.

Dentons’ cross-border team advising EBRD and Triglav Group was led by Corporate and M&A partners Chris Watkinson (Prague) and Jakub Celiński (Warsaw), and included counsel Bartosz Juszczak and Tomáš Pavelka, as well as senior associate Jan Gerych.

Chris Watkinson commented: “We are delighted to have supported the EBRD and Triglav Group on this transaction, which brings together two leading international investors with one of the fastest growing insurance intermediaries in Poland to help foster innovation and digital transformation in the Polish insurance market.”