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
Headquarters
Gustava Zemgala gatve 74a, Riga, 1039, LV
Size
201-500 employees
Industry
Insurance
Specialities
Insurance and Apdroลกinฤลกana
๐๏ธ Gjensidige Product and Pricing News โ
๐ Gjensidige CEO, Management and Leadership Team โ
โ๏ธ Gjensidige Alternatives and Competitors โ
๐ผ Gjensidige Hiring and Layoffs โ
๐ค Gjensidige Developer, Integration and Automation News โ
๐ Gjensidige Financials, Fundraising and Valuation News โ
๐๏ธ 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's Latvian branch received recognition for promoting an inclusive work environment.
- 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 achieved a 95% participation rate in their latest employee survey in the Baltics, with a high engagement score of 8.1 and an eNPS of 49, surpassing the global financial industry average.
- Gjensidige's information chief Arne Voll reported an increase in clever and bold thefts targeting tourists.
๐ Gjensidige CEO, Management and Leadership Team
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Chief Expert, Latvian Motor Claims Handling team
[email protected]
โ๏ธ 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
๐ผ Gjensidige Hiring and Layoffs
- Kristine Bjรธrnstad, 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.
- Valdemaras Fiodoroviฤius, who previously worked at Gjensidige Baltic, will replace Vytenis Koryzna as the head of Enefit.
- Gjensidige Latvija recently concluded its months-long mentoring program, offering employees the chance to explore future roles and develop specific skills.
- Gabija Michalovskaja has left Gjensidige to join Adform as a Commercial Insights Analyst in Lithuania, after serving as a CRM Analyst at Gjensidige Lietuva.
- Gjensidige is currently hiring a Senior Lawyer in Lithuania.
- Gjensidige is hiring a Business Controller for its Commercial division with applications due by November 20, 2024.
- Gjensidige Latvija completed an 8-month training project on implementing coaching approaches in the workplace.
๐ค Gjensidige Developer, Integration and Automation News
- Gjensidige's Latvian branch won property insurance contracts worth 390,826 EUR, including 215,861 EUR for rental buildings and 174,965 EUR for Riga Central Market and Vidzeme Market properties.
- Gjensidige has signed a breakthrough contract with Mitigrate to use AI for preventing water damage.
๐ Gjensidige Financials, Fundraising and Valuation News
- Gjensidige plans to hold a digital fixed income investor meeting on October 28, 2024, to discuss a potential subordinated Tier 2 bond issue, with DNB Markets and Nordea Bank Abp as Joint Lead Managers.
- Gjensidige plans to issue a new Tier 2 bond worth up to NOK 900 million with a floating interest rate and a minimum 30-year tenor to strengthen its financial position.
- 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's CEO Geir Holmgren announced that despite increased third-quarter earnings, the company will not meet its 2024 combined ratio target.
- Gjensidige continues to lose money on Danish private customers despite price increases, while profits from Danish business insurance grow significantly.
- Gjensidige Pensjonsforsikring has invested in Nuveen's new global credit strategy aimed at creating social and environmental impact.
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