Insurance boutique Advokatfirma Kogstad Lunde & Co is well-positioned to advise domestic and international insurers and reinsurers across insurance advisory and contentious matters. The practice is co-led by the capable duo of Terje Marthinsen, a key contact for clients across D&O liability, professional indemnity, and cross-border disputes, and Trond Werner Lunde, who is an experienced litigator and mediator, having been an active advisor in D&O disputes. Karoline Stenberg has broad knowledge of professional liability, insurance fraud, and recourse claims, while another key practitioner in the firm is Per Kristian Lundkvist, who chiefly focuses on litigation, representing clients in liability disputes, personal injury cases, and recourse actions.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘The highly specialised team at Kogstad Lunde is unmatched in the industry for delivering fast, sharp, and strategically sound advice on complex insurance matters. Their ability to combine legal precision with commercial understanding is exceptional. The team operates with impressive efficiency, and their billing model is both transparent and highly competitive.’
- ‘Terje Marthinsen has the sharpest strategic mind I know. His ability to see the broader picture while navigating complex legal terrain is truly remarkable. Trond Werner Lunde’s deep and wide-ranging knowledge of insurance-related matters is second to none – a true authority in the field whose judgment inspires full confidence.’
- ‘After several years of customer relations, we have experienced this firm as very professional. They know our line of business very well and know have to take care of our company's interests in the best possible way.’
- ‘The individuals are very nice.’
- ‘Professional expertise in insurance: The team possesses in-depth knowledge of insurance products, claims settlement, recourse, and dispute resolution. They combine legal precision with commercial insight.’
Key clients
- Tryg Forsikring
- Protector Forsikring
- Gjensidige Forsikring
- If
- KLP
- Sandefjord kommune
- Alta kommune
- Frende Skadeforsikring
- Frende Livsforsikring
- Stavanger kommune
- Haugesund kommune
- Fremtind Forsikring
Work highlights
Advising different excess levels of D&O Insurers and Reinsurers at Lloyds Brussels related to a possible 6 BN NOK liability.
Advising Reinsurers at Lloyds Brussels on a NOK 800 M case where Islamist militants had seized oil fields containing insured property.
Represented the Motor Insurers’ Bureau (TFF) in a landmark case where an uninsured electric scooter caused injuries expected to exceed NOK 100 M.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Trond Werner Lunde; Terje Marthinsen
Other key lawyers
Karoline Stenberg; Per Kristian Lundkvist; Emil Sundqvist