Protector Forsikring ASA
Protector Forsikring ASA is a publicly listed Norwegian insurer underwriting commercial and public-sector insurance — motor, property, liability, personal, and municipal — across six European countries via a broker-exclusive distribution model, with in-house claims and AI-assisted underwriting.
- Company typePublic
- Founded2004
- HeadquartersOslo, Norway
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Protector Forsikring ASA does
Protector Forsikring ASA is a Norwegian commercial and public-sector insurance carrier founded in 2004 and listed on the Oslo Stock Exchange since 2007. Headquartered in Oslo, the company underwrites motor, property, liability (including cyber, product, board, and contractor), personal, and municipal insurance for large and medium-sized businesses, public entities, and selected transport operators across Norway, Sweden, Denmark, Finland, the UK, and — as of 2024 — France.
Protector runs an in-house claims operation staffed by 190+ employees and pairs it with an AI-enabled technology stack that generates internal summaries of claim and underwriting files, prioritises handler caseloads, and extracts key data points for root-cause and risk analysis. Distribution is exclusively through selected insurance brokers, with a substantial share of the book channelled through the largest market-leading brokerages in Scandinavia and the UK, and additional agent partnerships inside Norway.
The company generates revenue via insurance premiums, reporting gross written premiums of NOK 14,136 million in 2025 (14% growth) and delivering a 2025 combined ratio of 84.7% and a 39.3% return on equity. Protector holds a Financial Strength Rating of A- (Excellent) from AM Best and a solvency ratio of 220%, and is ranked #1 in Scandinavia in municipal insurance, insuring 600+ municipalities and county authorities. CEO Henrik Høye leads a stated 2030 strategy centred on data, people, and innovation.
Protector Forsikring ASA firmographics
Firmographics- Name
- Protector Forsikring ASA
- Legal name
- Protector Forsikring ASA
- Website
- https://protectorforsikring.no
- Company type
- Public
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Protector Forsikring ASA is a publicly listed Norwegian insurer underwriting commercial and public-sector insurance — motor, property, liability, personal, and municipal — across six European countries via a broker-exclusive distribution model, with in-house claims and AI-assisted underwriting.
- Ownership category
- akta.pro rank
Protector Forsikring ASA industry classification
Industry- Product category
- Commercial Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Commercial Property Insurance (FSAJACAE)
- akta.pro secondary industries
- Umbrella Insurance (FSAJAMAK), Public Liability (Premises/Operations) (FSAJADAD), Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH), Product Liability Umbrella / Excess (FSAJANAI), Umbrella & Excess Liability (Fleet/Transportation) (TLABANAG)
Keywords
Where Protector Forsikring ASA is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices7 records
Markets served
Protector Forsikring ASA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premiums: Protector generates revenue through insurance premiums from commercial and public sector clients across Norway, Sweden, Denmark, Finland, UK, and France. The company offers various insurance products including motor, property, liability, and personal insurance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | B2B and Public Sector Insurance |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Protector Forsikring ASA product offering
Product offeringCore offering
Protector Forsikring ASA underwrites and sells commercial and public-sector land-based insurance products, including motor, property, liability, and personal insurance, distributed exclusively through selected insurance brokers across Norway, Sweden, Denmark, Finland, the UK, and France. Claims are handled in-house by 190+ employees, and the company holds the number-one position in Scandinavia for municipal insurance, covering more than 600 municipalities and county authorities.
Product overview
Protector Forsikring ASA is a Norwegian insurance company offering a comprehensive portfolio of commercial and public sector insurance products. The company operates across Norway, Sweden, Denmark, Finland, the UK, and France, distributing products exclusively through insurance brokers. The product portfolio includes Motor Insurance (autoforsikring), Property Insurance (eiendom og ting), Liability Insurance (ansvarsforsikring) covering business, product, board and cyber liability, Personal Insurance (personalforsikringer), and Municipal Insurance. The company previously offered Change of Ownership Insurance (boligselgerforsikring) but discontinued new sales as of December 31, 2021, while maintaining existing active contracts. Protector handles claims internally through over 190 employees and maintains a network of contracted repair workshops for motor claims.
Differentiator
Problem solved
Functional benefit
Products and services
- Motor/Auto Insurance (Autoforsikring)
- Property Insurance (Eiendom og ting)
- Liability Insurance (Ansvarsforsikring)
- Personal Insurance (Personalforsikringer)
- Municipal Insurance
Quantifiable outcome
- 81.5% combined ratio in Q2 2026
- +3 more outcomes
Companies that use Protector Forsikring ASA
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles3 records
Protector Forsikring ASA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability3 records
Feature3 records
Protector Forsikring ASA partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor.
- AIGminorAIG handles travel insurance claims for Protector's policyholders. Customers with travel insurance claims are directed to contact AIG via phone or email for claim processing.
- Hurtigruta CarglassminorPreferred glass repair partner for vehicle glass damage claims, part of Protector's workshop network for vehicle repairs.
- Riis BilglassminorPreferred glass repair partner for vehicle glass damage claims, part of Protector's workshop network for vehicle repairs.
- Falck HelseminorThird-party administrator for health insurance claims. Customers with health insurance claims contact Falck Helse for processing.
- Byggmesterforsikring ASminorInsurance agent based in Ski, Norway (Nordbyveien 70, 1406 Ski), managed by CEO Kolbjørn Røstelien. Sells Protector insurance products in Norway.
- Nordea Finance Equipment ASminorInsurance agent based in Lysaker, Norway (Strandveien 8, 1366 Lysaker), managed by CEO Carsten Thorne. Sells Protector insurance products in Norway.
- Profinans ASminorInsurance agent based in Oslo, Norway (Fridtjof Nansens plass 5, 0160 Oslo), managed by CEO Lars Renberg. Sells Protector insurance products in Norway.
- Virke Forsikring ASminorInsurance agent based in Oslo, Norway (Henrik Ibsens gate 90, 0255 Oslo), managed by CEO Marit Lorentzen-Lund. Sells Protector insurance products in Norway.
- DARAGminorProtector completed the sale of its problematic Danish workers' compensation portfolio to DARAG, demonstrating portfolio management through strategic divestment.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Protector Forsikring ASA competitors and assessment
Company assessmentBroad incumbents
- Sampo: Finnish insurance holding company owning If P&C and Topdanmark. Not a direct peer in product but a broader Nordic incumbent whose subsidiaries directly compete with Protector across all core markets.
- Storebrand: Norwegian financial services group with P&C, life, and pension operations. A broader Norwegian incumbent with overlapping P&C capabilities, though less P&C-pure than Protector.
Direct peers
- Tryg: Major Nordic P&C insurer operating across Norway, Sweden, and Denmark with strong public-sector and commercial presence. Directly comparable in geography, product set, and broker distribution.
- Alm. Brand: Danish P&C and banking group serving commercial and consumer segments. Comparable in Nordic P&C focus and mid-market customer profile.
- Codan: Danish commercial P&C insurer (part of RSA/Intact) serving SME and mid-market segments via brokers. Comparable in product focus, distribution model, and Danish market exposure.
- Folksam: Swedish mutual insurer with significant P&C and public-sector exposure, including municipal customers. Comparable in Scandinavian market positioning and product mix.
- If P&C Insurance: Largest Nordic P&C insurer, owned by Sampo, offering commercial and personal lines across the same geographies as Protector. Closest direct comparable in product mix and broker-led distribution model.
- Länsförsäkringar: Swedish mutual P&C group with strong regional and commercial presence. Comparable in Nordic geographic focus and broker/agent-led distribution.
- Topdanmark: Danish P&C insurer (majority-owned by Sampo) serving commercial and consumer segments. Comparable in product scope, geographic footprint, and broker distribution.
- Gjensidige Forsikring: Norwegian-headquartered P&C insurer with broad commercial and public-sector offering across the Nordics. Highly comparable business profile and customer base to Protector.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Protector Forsikring ASA social profiles
Digital presenceProtector Forsikring ASA compliance and trust
Trust signalCompliance1 record
Protector Forsikring ASA financial estimates
Financial estimateRevenue estimate
Valuation estimate
Protector Forsikring ASA leadership team
Management profileNumber of profiles
Profiles1 record
Protector Forsikring ASA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Protector Forsikring ASA M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Protector Forsikring ASA
What does Protector Forsikring ASA do?
Protector Forsikring ASA underwrites and sells commercial and public-sector land-based insurance products, including motor, property, liability, and personal insurance, distributed exclusively through selected insurance brokers across Norway, Sweden, Denmark, Finland, the UK, and France. Claims are handled in-house by 190+ employees, and the company holds the number-one position in Scandinavia for municipal insurance, covering more than 600 municipalities and county authorities.
Is Protector Forsikring ASA a public or private company?
Protector Forsikring ASA is a public company. It is classified as public and is currently operating.
When was Protector Forsikring ASA founded?
Protector Forsikring ASA was founded in 2004. It employs 501 to 1,000 people.
Where is Protector Forsikring ASA based?
Protector Forsikring ASA is headquartered in Oslo, Norway, in the Europe region.
How does Protector Forsikring ASA make money?
One revenue line is on record: insurance Premiums.
Who are Protector Forsikring ASA's main competitors?
Broad incumbents on record are Sampo and Storebrand. Direct peers are Tryg, Alm. Brand, Codan, Folksam, If P&C Insurance, Länsförsäkringar, Topdanmark and Gjensidige Forsikring.
Does Protector Forsikring ASA have an API?
No public API is recorded for Protector Forsikring ASA.
What industry is Protector Forsikring ASA in?
Protector Forsikring ASA's product category is Commercial Insurance. Its primary akta.pro industry code is FSAJACAE, Commercial Property Insurance, with a secondary code of FSAJAMAK, Umbrella Insurance. Its NAICS code is 524126 and its SIC code is 6331.