Gjensidige | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Gjensidige is a leading Nordic insurance group offering insurance products in Norway, Denmark, Sweden, and the Baltic states. In...
Gjensidige is a leading Nordic insurance group offering insurance products in Norway, Denmark, Sweden, and the Baltic states. In addition to insurance, they also provide banking, pension, and savings services in Norway. In the Baltics, Gjensidige operates as ADB Gjensidige with branches in Latvia and Estonia.
Website
Size
501-1000 employees
Industry
Insurance
ποΈ Gjensidige Product and Pricing News β
π Gjensidige CEO, Management and Leadership Team β
βοΈ Gjensidige Alternatives and Competitors β
πΌ Gjensidige Hiring and Layoffs β
π€ Gjensidige Developer, Integration and Automation News β
π Gjensidige Financials, Fundraising and Valuation News β
ποΈ Gjensidige Product and Pricing News
- Gjensidige updated their general insurance terms to version V1.4, effective from September 12, 2023, and added new terms for accident insurance and foreign health insurance.
- Gjensidige is being sued by law firm Selmer and their clients for 388 million kroner in a loan fraud case.
- Gjensidige Baltic Lietuvos filialas has been deregistered.
- Gjensidige (Lithuania) secured second place for their insurance awareness campaign at major Baltic hiking events and third place for their corporate team activity campaign at the Mi:t&links. Baltic Communication Awards.
- Gjensidige provides unlimited psychotherapy sessions for employees, including those on parental leave, to support their well-being.
- A customer reported receiving a suspicious email appearing to be from Gjensidige's support address.
- Gjensidige Baltic offers travel insurance covering emergency medical assistance up to 100,000 EUR, including repatriation costs of 25,000 EUR.
- Gjensidige held its annual Analytics Summit 2024 in Oslo, led by Kasparas ΔiuΕΎas, with 250 participants from five countries discussing AI advancements and challenges.
π Gjensidige CEO, Management and Leadership Team
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Chief Motor Claims Expert
[email protected] -
Chief Information Specialist[email protected]
βοΈ Gjensidige Alternatives and Competitors
- Domus Forsikring |
- Protector Forsikring |
- GEICO |
- JustInCase |
- Topdanmark |
- CGU Insurance Limited |
- ERGO Versicherung AG |
- Fairfax do Brasil |
- MMA IARD (SA) |
- The Travelers Companies |
- Travelers Insurance Company |
- if.lv |
- bta.lv |
- balta.lv
πΌ Gjensidige Hiring and Layoffs
- Bogdan Benczak resigned as General Director of Gjensidige Baltic following Gjensidige Forsikring ASA's decision to sell its Baltic company, with Akshay Sankpal taking over management until ERGO assumes control.
- Kristine BjΓΈrnstad, former CEO of NoA Ignite, will join Gjensidige as the head of their technology area in about a month.
- Signe Kokina is now Head of Customer Service and Sales Network division at Gjensidige Latvija.
- Gjensidige has appointed Martin Danielsen, AysegΓΌl Cin, and Anita Gundersen as new board members.
- Gjensidige Latvija completed an 8-month training project on implementing coaching approaches in the workplace.
- Gjensidige is seeking new graduates for its one-year graduate program starting in 2025, offering permanent positions and opportunities in technology and analysis.
- Gjensidige's Latvian branch is hiring a Pricing Actuary and an Insurance Specialist with salaries ranging from β¬2874 to β¬4311.
- Gjensidige Latvija is hiring a lawyer for their non-standard claims team in Riga, Latvia.
π€ Gjensidige Developer, Integration and Automation News
- Gjensidige has signed a breakthrough contract with Mitigrate to use AI for preventing water damage.
- Gjensidige will conduct system maintenance from August 9, 22:00 to August 11, 12:00, during which online insurance purchases, claim registrations, and access to the self-service portal will be unavailable.
π Gjensidige Financials, Fundraising and Valuation News
- Gjensidige CEO Geir Holmgren announced a pre-tax profit of NOK 2.215 billion for Q3, with insurance revenue up nearly 12% and plans to introduce a new metric, distribution efficiency, in Q4 2023.
- Gjensidige reported an 83.9% combined ratio for Q3 2024, improving by 3.5 percentage points from the previous year.
- On August 30, 2024, Gjensidige completed the merger with its Danish subsidiary Gjensidige Forsikring Tidligere PenSam Forsikring A/S.
- Gjensidige sold its Baltic business, Gjensidige Baltics, to ERGO International AG for β¬80 million, pending regulatory approval from competition authorities in Lithuania, Latvia, and Estonia.
- Gjensidige continues to lose money on Danish private customers despite price increases, while profits from Danish business insurance grow significantly.
- Gjensidige's CEO Geir Holmgren announced that despite increased third-quarter earnings, the company will not meet its 2024 combined ratio target.
- Gjensidige Pensjonsforsikring has invested in Nuveen's new global credit strategy aimed at creating social and environmental impact.
- Gjensidige reiseforsikring saw a 15% increase in claims this summer, including unusual cases like a peacock damaging a rental car.
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