Full speed ahead in core is targeted to increase the technical result by DKK 1,050m. The initiatives relate to a more advanced approach to claims, which, through claims handling and process excellence, procurement, and fraud detection contributes DKK 650m. Additionally, sales and customer excellence is expected to contribute DKK 400m to the technical result through partnerships and distribution, cross- and upselling, as well as pricing and analytics

Change the way to win B2B by growing among smaller SMEs in Commercial and improve profitability in Corporate in order to contribute DKK 600m to the technical result. This is done through increasing the portfolio of smaller SMEs by 30% and aiming for a combined ratio in the corporate segment of 90%. Through more accurate underwriting and reduced risk exposure, improved sales and distribution, and new offerings and products, the expected contribution to the technical result is DKK 600m.

Shape the future by expanding the market of today and build the market of tomorrow to contribute DKK 1,500m in premiums across product types. From 2018 to 2020, 50 new products from Tryg increased premiums by DKK 1,060m. Continuing the innovative approach to products will aid in achieving the goal of building the market of tomorrow. Additionally, by adapting current offerings to new trends, Tryg ensures to expanding the market of the current product portfolio.

Synergies from the integration of Trygg-Hansa and Codan Norway will contribute DKK 900m in synergies. 80% of these are driven by cost reductions from administration and distribution, procurement, and claims. The remaining synergies are derived from commercial. By utilizing the experience gathered from the integration of Alka, Tryg has the knowhow needed to ensure the successful integration of Trygg-Hansa and Codan Norway as well.