What FörsäkringsGirot does

FörsäkringsGirot Sverige AB is a Stockholm-based specialist administrator of occupational pensions and group insurances for Swedish employers. Founded in 1994 and operating from Wallingatan 2 in central Stockholm, the company runs the end-to-end monthly administrative cycle — from payroll data ingestion, through pensionable salary calculation and insurance coverage verification, to reporting to insurance providers and the valcentraler Collectum and Fora, plus invoice handling, payments, and bookkeeping support. It serves 200+ corporate customers covering more than 300,000 white-collar and blue-collar workers, with named enterprise logos including Volvo, Husqvarna, AFRY, E.ON, Coca-Cola, VR Sverige, and Nippon Gases spanning manufacturing, engineering, energy, consumer goods, transportation, and industrial gases.

The company's core technology is the proprietary COINS platform, supplemented by specialized tools such as Lönevväxlingskollen (salary exchange monitoring), Nulägesanalys (current-state error analysis), and a public cost-of-error calculator. A modernized system support ('nytt systemstöd') with automated workflows and built-in controls is being rolled out, anchored on 30+ years of specialist expertise. The company holds ISO 27001:2022 certification for its information security management system and was a finalist in the Tech Excellence Awards 2025 'Årets Transformation' category.

Commercially, FörsäkringsGirot generates revenue through a combination of one-time implementation services, monthly subscription administration fees scaled primarily to client employee count, and à la carte add-ons including consulting, training, and specialized analyses. It is privately held and has been jointly owned in equal parts by four major Swedish financial and insurance companies — SPP, SEB Pension och Försäkring, Länsförsäkringar, and Skandia — since 2014, a structure the company markets as enabling independence from any single insurance provider while drawing on institutional credibility.

Name

FörsäkringsGirot

Legal name

FörsäkringsGirot Sverige AB (556482–4471)

Website

https://fgirot.se

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Stockholm-based specialist administrator of occupational pensions and group insurances for 200+ Swedish employers, using its proprietary COINS platform and equally co-owned by four major Swedish insurance and financial groups.

Ownership category

akta.pro rank

Product category

Occupational Pension Administration

NAICS

Payroll Services (541214)

SIC

Services-Help Supply Services (7363)

akta.pro primary industry

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)

akta.pro secondary industries

Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA), Full-Service Payroll Processing (BPACAIAA)

Keywords

• Occupational pension administration
• Insurance administration services
• Payroll data processing
• Pension reporting compliance
• Collective agreement administration

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Pension Administration Services: Ongoing monthly administration of occupational pensions and insurance, including payroll data processing, reporting to insurance providers, invoice handling, and bookkeeping support.
2. Implementation Services: One-time setup and implementation process including review of current situation, system configuration, policy setup, and integration with client systems.
3. Additional Services: Supplementary services including salary exchange tracking, training, and specialized analyses beyond core administration.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

FörsäkringsGirot provides full-service occupational pension and insurance administration for Swedish employers. The service covers the complete monthly process from payroll data import through pensionable salary calculation, insurance verification, reporting to insurance providers and valcentraler (Collectum and Fora), invoice handling, and bookkeeping support. Core delivery is powered by a proprietary COINS administrative system.

Product overview

FörsäkringsGirot offers a comprehensive suite of occupational pension administration services built around its core COINS platform. The primary offering is full-service Tjänstepensionsadministration covering the complete monthly administrative cycle. This core service is complemented by specialized modules: Nulägesanalys for current-state assessments, Löneväxlingskollen for salary exchange monitoring, Konsulttjänster for consulting and training, and a cost calculator for error estimation. The company also provides educational webinars. All services are designed for HR, payroll, and finance professionals at Swedish employers to ensure correct pension contributions and insurance coverage for employees.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 10-50% reduction in administrative time per week for customers
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• CollectumcoreTechnology or IntegrationValcentral (pension choice center) for ITP occupational pensions. FörsäkringsGirot reports to and coordinates with Collectum for proper pension administration.
• ForacoreTechnology or IntegrationAdministrator for SAF-LO collective pension. FörsäkringsGirot adapted services early for Fora monthly reporting introduced in 2024 and assists with related income calculations.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Others

• Skandia:
• Fora: Administrator of SAF-LO collective pensions and insurance in Sweden and a core integration partner of FörsäkringsGirot. Comparable as a major Swedish pension-administration entity that FG reports into, illustrating the broader Swedish TPA ecosystem in which FG operates.

Broad incumbents

• SPP Pension & Försäkring: One of FörsäkringsGirot's four equal co-owners and a major Swedish occupational pension provider. Comparable as a large incumbent offering pension products and related administration in the same Swedish market, though operating with its own in-house admin rather than as an independent TPA.
• Länsförsäkringar Pension: Co-owner of FörsäkringsGirot and a major Swedish customer-owned insurance group. Comparable as a large pension/insurance incumbent serving Swedish employers and individuals, but with a regional mutual structure and integrated admin rather than an independent TPA model.
• SEB Pension & Försäkring: Co-owner of FörsäkringsGirot and part of SEB financial group. Comparable as a large incumbent offering occupational pension products and administration in Sweden, competing for the same employer customers as a bundled provider.
• Aon Sweden: Global insurance and pensions broker/consultant with a substantial Swedish practice advising employers on occupational pension design and provider selection. Comparable because it competes for the same HR/finance buyer budget for pension-related services, even if Aon is primarily advisory and not a TPA.
• Mercer Sweden: Major global benefits and pensions consultancy active in Sweden. Comparable to FörsäkringsGirot because Mercer advises the same HR/finance teams on occupational pension strategy, governance, and provider selection, and bundles pension administration support in larger engagements.
• Willis Towers Watson Sweden: Global actuarial and benefits consulting firm with a Swedish presence. Comparable because it serves the same enterprise HR/finance decision-makers on occupational pension design, risk, and administration decisions, often competing indirectly for pension-related wallet share.
• Visma: Leading Nordic provider of payroll, HR, and financial software including solutions that touch occupational pension reporting. Comparable as a broad incumbent whose payroll platforms can absorb pension administration workflows, posing a long-term competitive threat to specialist TPAs like FörsäkringsGirot.

Emerging players

• Benify: Nordic benefits and total-rewards platform used by employers to consolidate pension, insurance, and other benefits. Comparable because it increasingly offers pension information and administration tooling in Sweden, intersecting with FörsäkringsGirot's HR/finance buyer audience.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/forsakringsgirot
• Facebookfacebook.com/forsakringsgirot

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FörsäkringsGirot