Swedish Insurance Administration

What Swedish Insurance Administration does

Svensk Försäkring Administration (SFAB) AB is a Swedish private limited company (Aktiebolag, organisation number 556668-2216) that operates as a Shared Service Center for the 14 member organizations of Svensk Försäkring i Samverkan, a collaborative body within the Swedish insurance and pension industry. Founded in 2004 as a wholly-owned subsidiary of Trafikförsäkringsföreningen (TFF), the company is headquartered at Karlavägen 108 in Stockholm, sharing premises with the member bodies it serves. With approximately 30 staff, SFAB provides centralized professional services spanning five core areas: Economy (payroll, accounting, financial reporting), HR (labor law, work environment, recruitment, rehabilitation, salary reviews), IT (helpdesk, operations, partial system administration including shared websites), Communications (internal communications tools and channels), and Office/Conference Services (reception, telephony, premises operations).

Beyond the standard shared-service portfolio, SFAB administers industry-specific infrastructure on behalf of the SFIS ecosystem, including the GSR Skadeanmälningsregister, a shared insurance claims registry operated to prevent erroneous payouts, and administrative support for insurance industry boards and committees. The company also runs the 'Annual Fire Protection Inspection of Machines' training course, certifying participants under Brandskyddsföreningen's SBF 127 regulation; this course is sold to individuals (5,500 SEK per participant), corporate groups of up to 8 (21,000 SEK flat), and vocational schools.

The business model is predominantly a captive internal shared-service arrangement: revenue derives from service agreements with the 14 SFIS member organizations, functioning as a cost-recovery center rather than a market-disciplined commercial entity. The training program is the only revenue stream with externally-disclosed unit pricing. There is no evidence of external equity funding, M&A activity, or public listing; SFAB is wholly owned by TFF. The company is GDPR-compliant with a documented Data Protection Officer and operates exclusively within Sweden, serving approximately 200 individuals across its member organizations.

Name

Swedish Insurance Administration

Legal name

Svensk Försäkring Administration AB

Website

https://sfadm.se

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

Svensk Försäkring Administration (SFAB) AB is a Stockholm-based shared service center that delivers Finance, HR, IT, Communications, and Office services to the 14 Swedish insurance industry organizations in Svensk Försäkring i Samverkan, and also administers the GSR claims registry and SBF 127 fire protection training.

Ownership category

akta.pro rank

Product category

Insurance Industry Shared Services / Back-Office Administration

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Office Administrative Services (5611)

SIC

Services-Membership Organizations (8600), Services-Engineering, Accounting, Research, Management (8700), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Fire & Life Safety Code Compliance Inspections & Consulting (AHJ Support) (BPABAHAJ)

akta.pro secondary industry

Internal Audit & SOX/ICFR Advisory (BPAHAFAD)

Keywords

• Insurance shared services
• Back-office administration
• HR and finance outsourcing
• Claims registry management
• Fire protection training

Headquarters

HQ city

Seighford

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Shared Service Delivery: SFAB delivers professional services (economy/finance, HR, IT, communications, office and conference services) to member organizations within Svensk Försäkring i Samverkan. Revenue is derived from service agreements with member organizations, functioning as an internal shared service cost center.
2. Fire Protection Training: SFAB organizes and delivers the 'Annual Fire Protection Inspection of Machines' training course, providing certification for workshop and machine industry professionals. Pricing is per participant or flat-rate for corporate/group bookings.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Svensk Försäkring Administration AB (SFAB) is a Shared Service Center that delivers centralized back-office professional services — economy/accounting, HR, IT, communications, and office/conference services — to the 14 insurance and pension industry organizations within Svensk Försäkring i Samverkan. In addition, SFAB administers industry-specific shared functions including the GSR Skadeanmälningsregister (a shared insurance claims reporting registry) and committee/board administration for insurance industry bodies, and delivers an Annual Fire Protection Inspection of Machines training course (SBF 127) for machine industry professionals.

Product overview

Svensk Försäkring Administration (SFAB) AB is a Shared Service Center that delivers professional services to organizations within Svensk Försäkring i Samverkan. The company's offering consists of five core service areas — Ekonomi (Economy/Accounting), HR, IT, Communication, and Office/Conference Services — which together form the foundation of its shared service model. Additionally, SFAB provides insurance-industry-specific functions including the GSR Skadeanmälningsregister (a shared claims reporting registry for insurance companies) and administration of board/committee activities within the insurance industry. SFAB also offers a standalone training product, 'Årlig brandskyddskontroll av maskiner' (Annual Fire Protection Inspection Training), which grants certification for inspecting work vehicles and machinery under SBF 127 regulations. The company employs approximately 30 staff and serves around 200 people across member organizations.

Differentiator

Problem solved

Functional benefit

Products and services

• Ekonomi (Economy/Accounting Services) Professional accounting services including payroll processing, bookkeeping, and financial reporting for member organizations of Svensk Försäkring i Samverkan, including limited companies, non-profit associations, and foundations.
• HR Services Human resources support including labor law, work environment, recruitment, rehabilitation, salary reviews, and employee surveys for managers within member organizations.
• IT Services and Operations Support IT operations, helpdesk support, and partial system administration for organizations within Svensk Försäkring i Samverkan, including internal IT environment management and common IT system administration such as websites.
• Communication Services Internal communication support including overarching communication to employees and managers, support in communication matters, and management of common tools, channels, and activities for internal communication and collaboration.
• Office and Conference Services Reception services, telephone exchange, conference services, support to employees and visitors, and ongoing operation and maintenance of shared premises.
• GSR Skadeanmälningsregister (Shared Claims Registry Administration) Industry-shared register of insurance claims operated by SFAB on behalf of insurance companies, designed to prevent payments based on incorrect information.
• Board/Committee Administration Services Administration services for insurance industry boards and committees within the Swedish insurance sector.
• Annual Fire Protection Inspection of Machines Training (SBF 127) Training course qualifying participants to perform annual fire protection inspections of work vehicles and machinery including forest and construction machines, according to Swedish Fire Protection Association regulations SBF 127. Certificate valid for five years.

Named customers13 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Trafikförsäkringsföreningen (TFF)coreOthers · 1 January 2004Trafikförsäkringsföreningen is the parent company of Svensk Försäkring Administration AB. SFAB was established in 2004 as a wholly-owned subsidiary of TFF. TFF is a cooperative organization for insurance companies selling traffic insurance in Sweden and also delegates certain industry coordination functions to SFAB, including fire protection training administration.

Scale indicators4 records

Recent moves2 records

Expansion highlights3 records

Broad incumbents

• Capita: UK-headquartered business process outsourcing and professional services firm with strong financial services and insurance industry service offerings. Comparable as an external provider of finance, HR, IT, and administration services that competes for the same back-office mandates SFAB serves on a captive basis.
• Genpact: Large global BPO and digital services provider with a significant insurance industry practice delivering finance, HR, IT, and operations support. Comparable as a provider of the same back-office shared-service capabilities SFAB offers, though at global scale and to commercial (non-captive) clients.
• Insurance Europe: Pan-European insurance industry federation representing national associations. Comparable as a higher-level industry-coordination body that complements the national shared-service role played by SFAB.

Regional players

• Forsikring & Pension (Denmark): Danish insurance and pension industry association coordinating shared services and policy advocacy for its members. Closely comparable Nordic peer to SFAB within the SFIS framework.
• Finans Norge (Finance Norway): Norwegian financial industry trade association providing shared services and coordination to Norwegian banks and insurers. Comparable as a Nordic regional industry-shared-service hub.

Direct peers

• ANIA (Associazione Nazionale fra le Imprese Assicuratrici): Italian insurance industry association providing shared services and representation to its member insurers. Functionally analogous to SFAB and the SFIS member network in Italy.
• Insurance Bureau of Canada: National insurance industry association serving Canadian insurers and related organizations. Comparable to SFAB's parent ecosystem (Svensk Försäkring i Samverkan) as a membership-driven industry body that operates shared industry services and advocacy functions analogous to SFIS/SFAB.
• France Assureurs: French insurance industry federation delivering shared services and coordination to member insurers. Analogous to SFAB in its role as the operational service arm of a national insurance collaboration.
• The Association of British Insurers (ABI): UK trade association for the insurance industry. Comparable as an industry-association service hub providing shared back-office, policy, and coordination services to its member insurers, mirroring SFAB's role within the Swedish insurance ecosystem.
• GDV (Gesamtverband der Deutschen Versicherungswirtschaft): German insurance industry association providing shared services, data registries, and policy coordination to its member insurers. Closely comparable to the SFIS/SFAB model in scope, governance, and shared-service mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/svensk-f-rs-kring-administration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Swedish Insurance Administration