I design insurance programmes where a standard policy doesn't work - for construction projects, guarantees, plant and machinery and management liability. And I insure your family's car, home and health with the same care.
Construction all risks (CAR/EAR), bonds and guarantees, plant and machinery (CPM), D&O and large corporate risks - programmes I structure individually for each project.
See my expertise → For IndividualsMTPL, CASCO, home, health, life and travel - I compare relevant offers from leading insurers operating in Latvia and explain the differences in cover and terms.
See services →In more than 18 years in the industry I have structured insurance programmes for projects and companies where standard solutions don't fit. These are the areas where my experience runs deepest.
All-risks programmes for construction projects - from private house construction to civil engineering works. I align the interests of the principal, the contractor and other parties involved.
Bid, performance, advance payment and maintenance period bonds. I help structure guarantee limits.
Insurance for construction, agricultural, forestry and other special machinery - in operation, in transit and at rest. The cover can be tailored to the machinery, its use and the agreed policy terms.
Programmes for industrial and commercial property, business interruption (BI) cover and cargo insurance. For non-standard risks I access international markets through EURORISK's partner network.
Directors' and officers' liability insurance (D&O) - protection for board and council members, professional indemnity insurance (PI) - protection against professional errors, plus cyber insurance. Areas where policy wording makes all the difference.
Health, life, savings and accident insurance. Programmes that genuinely work for attracting employees and retaining them long-term.
I get to know the project or company and map the real risks - including those nobody has asked about yet.
I define what needs to be insured, with which limits and deductibles - before talking about price.
I request offers from leading insurers operating in Latvia and, where needed, from international markets.
I negotiate exclusions and wording - that's where the difference lies between a policy that works and one that doesn't.
If an insured event occurs, I represent your interests until the claim is paid.
Have a non-standard risk or a large project? Describe the situation - I'll prepare a view on the programme structure and market options.
Request a consultationI am a partner at the Latvian insurance brokerage EURORISK SIA. For the client this means real advantages: the negotiating weight of a major brokerage, access to international insurance markets for non-standard risks, and a solid team behind every policy.
Partner status at EURORISK works much like partnership in a law firm: to clients I am still their insurance broker, but with ownership in the company and personal responsibility for every client. You work with someone who takes personal responsibility for every client, backed by the resources of the whole company.
Why the A rating matters for clients →
Highest A rating (State Revenue Service)
EURORISK SIA, reg. No. 40003847886
I have worked in insurance for more than 18 years. In that time I have been through enough claims to know: a policy proves its value not on the day it is signed, but on the day something happens. That's why I start with risks, not price - and I read the fine print before you sign it.
By law, my job is to represent the client's interests. In practice that means an objective comparison of relevant insurers' offers, an honest answer even when the best option is to change nothing, and support through the claims process to the very end.
A policy is a promise. My job is to make sure it is kept.
The same approach I use on large projects - risk analysis, a comparison of relevant insurers' offers and clear terms - works for your family too. I explain the broker remuneration model before the work begins.
Compulsory motor insurance - I compare insurers' prices. For a quote I need the vehicle registration plate number and one certificate number (registration or ownership).
Apply →Medical expenses, luggage, flight delays - for holidays and business trips.
Apply →CAR, guarantees, CPM, D&O, property, cargo, employee programmes - see my expertise section.
Apply →Four simple steps to a policy that actually protects you.
Fill in a short form or call - it takes 2 minutes.
I request and compare offers from relevant insurers.
You receive a clear comparison with my recommendation and explanation.
I arrange the policy remotely - you receive it by e-mail.
Choose the insurance type and fill in the form - I will review it and get back to you with the information required and next steps.
★★★★★ 5.0 / 5 Google rating (28 reviews) - see all reviews on Google →
"I have been using Kristaps' services as an insurance broker for about 15 years and can only say the very best. A highly competent specialist in his field."
"Excellent cooperation! I recommend him to anyone who values promptness, an individual approach and the ability to find the best insurance solution. Thank you for the responsiveness and professional attitude!"
"I insure our family cars with Kristaps Račko. He always quickly prepares several options and helps choose the most suitable one. I really appreciate the responsiveness and communication even outside standard working hours."
"We have been cooperating successfully with Kristaps for many years - always a professional approach, fast communication and the most suitable solutions across various types of insurance. Definitely recommended!"
"A very competent, knowledgeable and helpful insurance specialist! With Kristaps, the concept of 'customer service' is at the highest level!"
"A pleasure to work with. He will always find the best and safest solution for the client. Professional."
You do not pay separately for my work as a broker - you only pay the insurance premium stated in the policy. The remuneration for insurance intermediation is paid by the insurer and is included in the premium. I compare the prices and terms of several insurers to find a competitive premium and suitable cover, rather than offering only one company's option. The result may be a lower price or better cover for a similar price, but you receive no additional broker invoice for the comparison, arranging the policy or help during the claims process.
Yes - that is my specialisation: construction all risks (CAR/EAR), bonds and guarantees, plant and machinery (CPM), D&O and professional indemnity, cyber and large corporate property programmes. For non-standard risks I also use EURORISK's international partner network.
With the leading insurers operating in the Latvian market - this allows me to compare offers objectively, both on price and on cover.
By law, the broker represents the client's interests - both when choosing a policy and when receiving compensation after an insured event.
Timing depends on the type and complexity of the risk and on insurers' response times. After receiving your enquiry, I confirm the information required and the next steps.
Useful information about insurance. All articles in the blog →
I designed an insurance programme for a battery energy storage system - with property and liability cover beyond the market standard. What this experience means for complex projects.
Read the article →Renewing MTPL on time helps avoid fines and lets you choose the best price without rushing. Send me your car number - I'll compare prices.
Check prices →Travel insurance covers not only medical expenses but also lost luggage and flight delays. Active holidays need extended coverage.
Insure your trip →Call, write or fill in an application - After reviewing the enquiry, I confirm the information required and the next steps.