Tryg A/S - Company Profile
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Tryg A/S (Tryg) is a non-life insurance company. The company primarily engages in providing insurance products to private, commercial, and corporate customers. Its major products include motor, property, liability, workers’ compensation, travel, and health insurance. Tryg serves a wide range of customers, including private individuals and businesses, across various sectors. The company utilizes multiple distribution channels, such as online platforms, call centers, sales agents, franchises, insurance brokers, and partnerships. Tryg operates in Denmark, Sweden, and Norway, focusing on these geographic markets. Tryg is headquartered in Ballerup, Denmark.
Headquarters
Denmark
Address
Klausdalsbrovej 601, Ballerup, 2750
Website
tryg.com
Telephone
45 701 12020
No of Employees
6,731
Industry
Financial Services
Ticker Symbol & Exchange
TRYG (CPH)
Revenue (2024)
$6.4B
3.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
12.3%
(2024 vs 2023)
Market Cap*
$14.1B
Net Profit Margin (2024)
XYZ
8.8%
(2024 vs 2023)
* As of and is in US$
Tryg A/S premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Home Insurance | ZZ | Tryg Forsikring |
| Car Insurance | Alka | |
| Personal Accident Insurance | Trygg-Hansa | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In September, the company expanded its partnership with Tata Consultancy Services to streamline operations and drive technological transformation across Denmark, Sweden, and Norway. |
| 2022 | Divestiture | In May, the company along with Intact Financial Corporation completed the sale of Codan Forsikring A/S's Danish business to Alm. Brand A/S Group. |
| 2022 | Contracts/Agreements | In February, the company along with Zalaris announced the first payroll run in Sweden. |
Competitor Comparison
| Key Parameters | Tryg A/S | Gjensidige Forsikring ASA | Alm Brand AS | Topdanmark AS | Storebrand ASA |
|---|---|---|---|---|---|
| Headquarters | Denmark | Norway | Denmark | Denmark | Norway |
| City | Ballerup | Oslo | Copenhagen | Ballerup | Lysaker |
| State/Province | - | Oslo | - | - | - |
| No. of Employees | 6,731 | 4,905 | 2,040 | 2,178 | 2,541 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Allan Kragh Thaysen | Group Chief Financial Officer | Senior Management | 2023 | 49 |
| Mikael Karrsten | Group Chief Technical Officer | Senior Management | 2023 | 51 |
| Alexandra Bastkær Winther | Group Chief Communications Officer | Senior Management | 2023 | 41 |
| Lars Bonde | Chief Operating Officer - Group | Senior Management | 2011 | 61 |
| Johan Kirstein Brammer | Group Chief Executive Officer | Senior Management | 2023 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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