Mr Stefan Thor Ingimarsson > ADVEL Attorneys at Law > Reykjavik, Iceland > Lawyer Profile

ADVEL Attorneys at Law
Stefan Thor Ingimarsson photo

Work Department

International Commercial law, Corporate law, M&A, Insurance law and Contract law


Mr. Ingimarsson holds an LL.M. In International Economic and Business law from Groningen University (2005) and conducts Ph.D. research at the Business Law Department at Tilburg University. He has been involved in several local and cross-border transactions over the years, as well as refinancing and reorganisation of major Icelandic companies. Mr. Ingimarsson is a prominent expert in insurance law, a Partner and leads the international division at ADVEL.


2009 to present ADVEL Attorneys(Partner).2000 – 2004 Associate at Fulltingi Legal Services. 1999 Associate at Lögvísi law firm. 1998 Lawyer at VÍS insurance company.


Icelandic, English, Swedish and Danish


Icelandic Bar Association. Globalaw


2006 to present, Ph.D. research, Business Law Department, Tilburg University.  LL.M. in International Economic amd Business Law (cum laude) from Groningen University, Netherlands, 2005. Admitted to the Bar in  2000. Law degree (cand.iur) from University of Iceland in 1999.

Lawyer Rankings

Iceland > Banking, finance and capital markets

(Leading individuals)

Stefán Þór IngimarssonADVEL Attorneys at Law

Counting Arion Bank as one of its key clients, ADVEL Attorneys at Law continues to collaborate with international law firm Allen & Overy LLP and provides ongoing advice as local counsel to Arion Bank on its EMTN and covered bond programmes. The team, which is led by corporate partner Stefan Thor Ingimarsson, advises insurance companies and other financial institutions on reorganisations, loan agreements and financing matters. Other key members of the team include Ragnar Guðmundsson, Dora Sif Tynes and Bjarni Þór Bjarnason, who joined the firm in mid-2021 from Deloitte Legal ehf..

Iceland > Commercial, corporate and M&A

ADVEL Attorneys at Law has notable experience in high-end transactions and recently advised leading Nordic IT company Advania on the sale of a majority stake to Goldman Sachs. Stefan Thor Ingimarsson leads the practice group and is praised for ‘understanding the complexities of international matters’, particularly in relation to the refinancing and reorganisation of Icelandic companies. Bjarni Þór Bjarnason joined the firm from Deloitte Legal ehf. in mid-2021, following the departure of Kristinn Hallgrimsson to an in-house position at Arta in early 2021.

Iceland > Employment

ADVEL Attorneys at Law handles a range of employment and labour law matters, often involving a cross-border element, including redundancies, transfer of employee issues share options plans. The team counts Icelandic companies across the energy, banking, fishing and IT sectors, as well as public authorities, on its key roster of clients. Following the departure of Óskar Norðmann in February 2021 to Arta, Stefan Thor Ingimarsson leads the practice group and is supported by Guðmundur Siemsen.

Iceland > TMT and IP

ADVEL Attorneys at Law’s workload includes handling the registration of trade marks and domains, in addition to license agreements, often involving a cross-border element, and IP protection matters. The TMT and IP team acts for technology and development companies, including the Advania Group and Hampidjan, as well as food and beverage sector clients. Stefan Thor Ingimarsson leads the practice, while Kristinn Hallgrímsson departed in mid-2021 to Arta.