About Tryg
Our business
Learn how Tryg is organised, meet our management and read about the business areas.
The organisation of Tryg
Tryg is governed by a two-tier system, in which the Supervisory Board and the Executive Board manage Tryg's affairs.
The two tiers are distributed over four national business areas in Denmark, Norway and Sweden.
Close to customers
Tryg’s four national business areas each has a clear, unambiguous responsibility for profitability, development, sales and administration. This enables us to make decentral decisions quickly and close to our customers across the Nordic region.
Click the headlines below to read read about our business areas.
Our business areas
Private
The Private business area sells insurances to private customers in Denmark and Norway.
– among others: car, contents, house, accident, travel, motorcycles, pet and health.
Key figures
- Gross premium income: DKKm 12,700
- Employees: 1,344
- Distributions channels: Own sales agents, independent sales agents, Call centres, Real estate agents, online sales, Car dealers, Frachises
- Brands: Tryg Forsikring, Alka and Enter Forsikring (Norway)
Commercial
The Commercial business area sells insurances to small and medium sized businesses in Denmark and Norway. Among others: motor, property, house, liability, worker's compensation, travel, accident and health.
Key figures
- Gross premium income: DKKm 4,400
- Employees: 538
- Distributions channels: Call centres, Internet, Own sales agents, Franchise offices
- Brands: Tryg
Tryg Garanti
Tryg Garanti is a leading supplier of surety bond insurance. We support local and international clients in main European markets and are currently locally present in the Nordic countries, Austria, Germany, the Netherlands and Switzerland. In addition Tryg Garanti provide trade credit insurance to Nordic clients.
Tryg Garanti is part of the business area Commercial, DK.
Surety bond insurance
Tryg Garanti issues all types of bonds and guarantees in the construction sector and the manufacturing industry as well as bonds in favour of public authorities.
A surety bond is a guarantee to a beneficiary that Tryg Garanti compensates losses in case the policyholder is in breach of contract.
The primary surety customers are contractors and contract manufacturers.
Trade Credit Insurance
Trade credit insurance is offered to clients in the Nordic region, where Tryg Garanti offers whole-turnover policies to all types of clients, including exporting companies.
Trade credit insurance protects the policyholder from lack of payment on commercial receivables, typically due to a debtor going bankrupt.
Corporate
The Corporate business area sells insurances to corporate customers with more that 100 employees and a turnover above DKK 100 million. Among others: proporty, liability, worker's compensation, transport, group life etc.
Corporate operates under the names Tryg, in Denmark and Norway, and Moderna in Sweden. Tryg Corporate is a part of the global network AXA corporate solutions.
Key figures
- Total earned premium: DKKm 3,800
- Employees: 291
- Distributions channels: Own sales agents, insurance brokers
- Brands: Tryg, Moderna (in Sweden), Tryg Garanti
Sweden
The business area Sweden sells insurances to private customers and small and medium sized businesses. Among others: all traditional insurances such as car, house, accident, child, as well as pet, boat and Affinity insurances via b2b partnerships.
Key figures
- Total earned premium: DKKm 1,600
- Employees: 408
- Distribution channels: Own sales agents, call centres, online sales, and via b2b partnership in the Affinity business.
- Brands: Moderna, Moderna Djurförsäkringar, Atlantica Båtförsäkring, Affinity, Bilsport & MC specialförsäkring.
Partners
Tryg has strategic partnerships build on strong relations. Our partners among others include the Nordic bank group Danske Bank and AXA Corporate solutions – one of the largest insurance groups in the world.
Danske Bank
In November 2018, Tryg entered a strategic partnership with Danske Bank, one of the largest banks in the Nordic region. Tryg will cover innovative insurance solutions to Danske Bank customers in Denmark, Norway and Sweden – Private and Commercial in Denmark, Norway and Private in Sweden.
AXA Corporate Solutions
Since May 2008, Tryg has used the international network of AXA Corporate Solutions to meet Nordic customers' international requirements. The partnership makes Tryg part of a global network represented in more than 90 countries and with geographical coverage of 95% of the inhabited world.