Topdanmark AS (TA) is a provider of insurance products and services. It offers a range of life insurance, non-life insurance, pension schemes and related services. The company offers insurance coverage for death, illness, injuries, motor, home and content, accident, change of ownership and travel, animal and electronics. It offers agricultural insurance to SMEs and agricultural customers with active and disused farms. The company’s products and services are offered to individual, SME customers, and corporate clients through a network of branch offices and insurance advisers. It also sells its products through online meetings, personal meetings, telephone or online, and with various partnerships. TA is headquartered in Ballerup City, Denmark.
Headquarters
Denmark
Address
Borupvang 4, Ballerup, 2750
Website
www.topdanmark.com
Telephone
45 44 683311
No of Employees
2,378
Industry
Financial Services
Ticker Symbol & Exchange
TOP (CPH)
Revenue (2023)
$1.5B
8.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-51.7%
(2023 vs 2022)
Market Cap*
$4.0B
Net Profit Margin (2023)
XYZ
-55.3%
(2023 vs 2022)
* As of and is in US$
Topdanmark AS premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Non-Life: | Corporate Pension Schemes |
| Motor Insurance | Group Pension Schemes |
| Home and Content Insurance | Unemployment Pension Schemes |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In December, the company completed the acquisition of a 97% stake in Oona Health A/S from AnaCap Financial Partners Limited, Daytona Holdings Limited, and others. |
| 2023 | Contracts/Agreements | In January, the company signed a contract with Ondo InsurTech to expand its roll-out to 20,000 new customers in Denmark. |
| 2022 | Contracts/Agreements | In September, the company entered into a partnership with Danish Agro to offer crop insurance. |
Competitor Comparison
| Key Parameters | Topdanmark AS | Danica Pension AS | Gjensidige Forsikring ASA | Alka Forsikring | ALM Brand Forsikring |
|---|---|---|---|---|---|
| Headquarters | Denmark | Denmark | Norway | Denmark | Denmark |
| City | Ballerup | Kongens Lyngby | Oslo | Taastrup | - |
| No. of Employees | 2,378 | 881 | 4,479 | - | - |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ricard Wennerklint | Chairman | Executive Board | 2019 | 54 |
| Jens Aalose | Deputy Chairman | Executive Board | 2016 | 57 |
| Peter Hermann | Chief Executive Officer; Chief Executive Officer - Topdanmark Forsikring | Senior Management | 2018 | 50 |
| Kasper Tjorntved Davidsen | Chief Information Officer | Senior Management | 2023 | - |
| Lars Kufall Beck | Chief Financial Officer; Chief Financial Officer - Topdanmark Forsikring | Senior Management | 2021 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer