About Gjensidige
Gjensidige is a company based in Oslo (Norway) founded in 1816. It operates as a Subscription Services, and Commission-Based. The company has 4,620 employees as of December 31, 2024. Gjensidige has completed 3 acquisitions, including Flyt AS, PenSam and RESO Europa Service. Gjensidige offers products and services including Car Insurance, Home Insurance, Pension Savings, and Fund Investments. Gjensidige operates in a competitive market with competitors including State Farm, HUB International, Assurant, Prudential and Voya Financial, among others.
- Headquarter Oslo, Norway
- Employees 4620 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gjensidige Forsikring Asa
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Annual Revenue
$4.77 B (USD)12.33as on Dec 31, 2025
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Net Profit
$650.85 M (USD)27.54as on Dec 31, 2025
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
4620
as on Dec 31, 2024
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Investments & Acquisitions
Flyt AS
& 2 more
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IPO & Listings of Gjensidige
Gjensidige is a publicly listed company on the OSL with ticker symbol GJF in Norway, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Gjensidige
Gjensidige offers a comprehensive portfolio of products and services, including Car Insurance, Home Insurance, Pension Savings, and Fund Investments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Coverage for vehicles against damage and theft provided.
Protection for homes against damages is comprehensively offered.
Savings plans for retirement are structured and managed.
Investment opportunities in funds are provided to clients.
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Software Development Team
27 people
Leadership Team
16 people
Data Analysis and Operations Team
15 people
Senior Team
12 people
Human Resources and Administration
8 people
Product Management Team
7 people
Board Team
5 people
Customer Team
4 people
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Funding Insights of Gjensidige
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Gjensidige
Gjensidige has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Flyt AS, PenSam and RESO Europa Service. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Auto pass services for cars are provided by Flyt AS.
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2021 | ||||
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Property and casualty insurance brokerage services are provided in Poland.
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2005 | ||||
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Commercial banking services are offered to clients in Denmark.
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1986 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Gjensidige
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gjensidige Comparisons
Competitors of Gjensidige
Gjensidige operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as State Farm, HUB International, Assurant, Prudential and Voya Financial, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Insurance and financial services are provided to individuals and businesses.
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| domain | founded_year | HQ Location |
Investment advisory, insurance distribution, and risk management services are provided.
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| domain | founded_year | HQ Location |
Homeowner, rental, vehicle, flood, and travel insurance services are provided.
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| domain | founded_year | HQ Location |
Life, health, and financial insurance services are provided globally.
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| domain | founded_year | HQ Location |
Provider of pension fund for the employees based out of the US
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| domain | founded_year | HQ Location |
Insurance services for life, disability, and accident coverage are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gjensidige
Frequently Asked Questions about Gjensidige
When was Gjensidige founded?
Gjensidige was founded in 1816.
Where is Gjensidige located?
Gjensidige is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Gjensidige?
Helge Leiro Baastad is the current CEO of Gjensidige.
How many employees does Gjensidige have?
As of Dec 31, 2024, the latest employee count at Gjensidige is 4,620.
What is the annual revenue of Gjensidige?
Annual revenue of Gjensidige is $4.77B as on Dec 31, 2025.
What does Gjensidige do?
Insurance solutions for individuals, businesses, and agriculture are offered by Gjensidige. Coverage includes vehicles, homes, health, and travel. Pension plans and fund investment services are also managed. The company serves various sectors with tailored offerings. Customer benefits and discounts are integrated into services. Operations focus on delivering security and financial planning solutions.
Who are the top competitors of Gjensidige?
Gjensidige's top competitors include HUB International, Unum and Assurant.
What products or services does Gjensidige offer?
Gjensidige offers Car Insurance, Home Insurance, Pension Savings, and Fund Investments.
Is Gjensidige publicly traded?
Yes, Gjensidige is publicly traded on OSL under the ticker symbol GJF.
How many acquisitions has Gjensidige made?
Gjensidige has made 3 acquisitions, including Flyt AS, PenSam, and RESO Europa Service.
What is Gjensidige's ticker symbol?
The ticker symbol of Gjensidige is GJF on OSL.