Unique in the Swedish bank and insurance market
The Länsförsäkringar Alliance is unique in the Swedish bank and insurance market. The 23 customer-owned regional insurance companies cooperate, thereby combining the ability of a small company to adapt to its customers with the strength of a large company.
All of the companies have a strong local base in their individual home markets and have no ownership interests other than those of their own customers. Everything developed in the form of products, concepts and system support is based exclusively on customer needs.
The company's task is to offer total solutions based on different combinations of non-life insurance, accident and medical insurance, life assurance, pensionsaving plans, fund savings and various banking services.
Länsförsäkringar is a part of Eurapco
Eurapco is a network of large and independent mutual insurance companies. The network consists of seven partners that operate in 18 countries across Europe.
Increased competitiveness and reduced costs
Länsförsäkringar AB and its subsidiaries is owned by the 23 regional insurance companies, and its mission is to conduct joint banking and insurance operations, manage the Group's strategic development activities and provide service in areas that generate economies of scale and efficiency.
Länsförsäkringar AB is wholly owned by the regional insurance companies, together with 16 local insurance companies. Through a distinct role in the Länsförsäkringar Alliance's value chain, Länsförsäkringar AB contributes in increasing competitiveness and reducing costs, thereby creating possibilities for the regional insurance companies to be successful in their respective markets.
In addition to the Parent Company, Länsförsäkringar AB, the Group includes Länsförsäkringar Sak, Länsförsäkringar Bank, Länsförsäkringar Fondliv, Länsförsäkringar Liv and the subsidiaries of these companies. Länsförsäkringar Liv and its subsidiaries is not consolidated in the consolidated financial statements since the company's earnings accrue to the policyholders.
One of Sweden's largest retail banks
Länsförsäkringar Bank is one of Sweden's largest banks. The strategy is based on the Länsförsäkringar Alliance's large customer base, a strong brand and local presence through the customer-owned regional insurance companies.
Banking services are offered primarily to the 3.7 million customers of the Länsförsäkringar Alliance. Customer contact takes placeduring personal meetings at 128 of the regional insurance companies' branches throughout Sweden and via digital services and telephone.
The aim is, based on low risk, to continue to drive growth in volumes and profitability, have the most satisfied customers and increase the share of customers who have both banking and insurance with Länsförsäkringar.
One of Sweden’s largest mortgage institutions
Länsförsäkringar Hypotek is one of Sweden's largest mortgage institutions. The strategy is based on the Länsförsäkringar Alliance's large customer base, a strong brand and local presence through the customer-owned regional insurance companies.
Mortgages are primarily offered to the slightly more than 3.7 million customers of the Länsförsäkringar Alliance. Customer contact takes place during personal meetings at 128 of the regional insurance companies' branches throughout Sweden and via digital services and telephone.
The aim is, based on low risk, to continue to have growth in volumes and profitability, have the most satisfied customers and increase the share of customers who have both banking and insurance with Länsförsäkringar.
World wide network of assisting Average Agents
When your cargo is damaged and if you need assistance with a survey, Länsförsäkringar has Average Agents world wide for your assistance.
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