Gjensidige Forsikring ASA traces its origins back to the early 19th century, making it one of the oldest insurance enterprises in Norway. Originally established as a mutual fire insurance association in 1816, the company has evolved through strategic mergers, modernisation and demutualisation, culminating in its listing on the Oslo Stock Exchange. Headquartered in Oslo, Gjensidige remains committed to its mutual heritage and cooperative values while operating under a public limited company structure.
The company’s core business centres on non-life (general) insurance, offering a broad portfolio of products and services tailored to both personal and corporate customers. Key offerings include motor vehicle insurance, home and property coverage, agricultural and marine insurance, travel and leisure policies, and liability protection. Complementing its general insurance operations, Gjensidige also provides life and pension solutions, as well as banking services through Gjensidige Bank, which delivers mortgages, savings products and credit services to retail clients.
Gjensidige serves a diverse range of markets across the Nordic and Baltic regions. In Norway, Sweden, Denmark and the Baltic states (Estonia, Latvia and Lithuania), the company combines digital distribution channels with an extensive network of agents and brokers to deliver tailored risk management advice. Under the leadership of President and Chief Executive Officer Helge Leiro Baastad, Gjensidige continues to prioritise customer-centric innovation, operational efficiency and sustainable underwriting practices. A board of directors oversees its strategic direction, ensuring the firm’s long-term resilience and strong position in the competitive insurance landscape.
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