Erhvervssikring
Erhvervssikring is a Danish commercial insurance provider that distributes 15 business insurance products exclusively through 30+ partner banks to SMBs with up to 20 employees, operating as part of Alm. Brand Group and owned by Alm. Brand Foreningen 1792.
- Company typePrivate
- Founded-
- HeadquartersCopenhagen, Denmark
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Erhvervssikring does
Erhvervssikring is a Danish commercial insurance provider operating exclusively as a distribution arm of Alm. Brand Group, reaching business customers through a network of over 30 partner banks (pengeinstitutter) across Denmark. The company serves small and medium-sized businesses with up to 20 employees directly, while larger enterprises are referred to sister brand Codan Forsikring under the same Alm. Brand Forsikring A/S parent. Its portfolio comprises 15 commercial insurance lines spanning liability, workers' compensation, motor, health, building and property, contents, cyber, crime, IT-crime, transport, professional liability, business interruption, sick-leave business interruption, lawyers' liability, and directors & officers coverage, with specialty lines administered through the Codan Forsikring partnership.
The company is owned by Alm. Brand Foreningen 1792, a member association that strengthens community and youth welfare initiatives in Denmark, and customers automatically become association members. Erhvervssikring is vertically segmented across 10 industries including trades, healthcare, hospitality, retail, real estate, wholesale, consulting, manufacturing, transport, and housing associations, with tailored product bundles for each. Underwriting is supported by automated individual decision-making algorithms that calculate premiums based on multi-factor risk profiling, and the company's digital infrastructure runs on Microsoft Azure.
Revenue is generated primarily through recurring commercial insurance premiums paid by business customers, supplemented by commission revenue from private insurance cross-sell to business customers (with an additional 10% discount on private insurance beyond the standard Plus customer discount). Distribution is relationship-led, relying on bank advisor referrals as the primary top-of-funnel channel, followed by personalized consultation with a dedicated Erhvervssikring insurance advisor. The company holds only 13 directly attributed employees but operates within the broader Alm. Brand Group infrastructure of 2,000+ employees serving more than 700,000 customers across Denmark.
Erhvervssikring firmographics
Firmographics- Name
- Erhvervssikring
- Legal name
- Erhvervssikring – en del af Forsikringsselskabet Privatsikring A/S
- Website
- https://erhvervs-sikring.dk
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Erhvervssikring is a Danish commercial insurance provider that distributes 15 business insurance products exclusively through 30+ partner banks to SMBs with up to 20 employees, operating as part of Alm. Brand Group and owned by Alm. Brand Foreningen 1792.
- Ownership category
- akta.pro rank
Erhvervssikring industry classification
Industry- Product category
- Commercial Insurance
- NAICS
- Insurance Carriers (5241), Insurance Carriers and Related Activities (524)
- SIC
- Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)
- akta.pro primary industry
- Mid-Market Commercial Package (Package Policies) (FSAJAFAB)
- akta.pro secondary industry
- Excess Liability Insurance (FSAJANAC)
Keywords
Where Erhvervssikring is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
Erhvervssikring business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Commercial Insurance Premiums: Erhvervssikring generates revenue through insurance premiums paid by business customers for commercial insurance coverage including liability, workers' compensation, motor, health, property, cyber, crime, IT-crime, transport, professional liability, business interruption, and directors & officers insurance.
- Private Insurance Cross-selling Commission: Erhvervssikring offers private insurance products to business customers, earning commission revenue. Customers receive an additional 10% discount on private insurance in addition to the Plus customer discount.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Risk-based individual pricing - no standard tiers disclosed |
Go-to-market motion3 records
Distribution channels1 record
Marketing channels4 records
Erhvervssikring product offering
Product offeringCore offering
Erhvervssikring provides commercial insurance products to Danish businesses that are customers of partner banks (pengeinstitutter). The company offers a portfolio of 15 insurance products including liability, workers' compensation, motor, health, building/property, contents, cyber, crime, IT-crime, transport, professional liability, business interruption, directors and officers, lawyers' liability, and sick leave business interruption insurance. Distribution is exclusive through a network of over 30 Danish banks, with insurance advisors working alongside bank advisors to provide tailored coverage.
Product overview
Erhvervssikring is a commercial insurance provider offering a comprehensive portfolio of business insurance products distributed exclusively through partnership with selected Danish banks. The core offering consists of 15 distinct insurance products including liability insurance, workers' compensation, motor insurance, health insurance, building/property insurance, contents insurance, and various specialized covers. Several products (Cyber, IT Crime, Crime, Lawyer's Liability, Professional Liability, Transport, and Directors & Officers insurance) are distributed in partnership with Codan Forsikring under Alm. Brand Group. The company serves small to medium-sized businesses with up to 20 employees, while larger enterprises are referred to Codan Forsikring for expanded coverage.
Differentiator
Problem solved
Functional benefit
Products and services
- Ansvarsforsikring (Liability Insurance)
Quantifiable outcome
- Customers receive 10% additional discount on private insurance in addition to the Plus customer discount
- +2 more outcomes
Companies that use Erhvervssikring
Customer profileNamed customers4 records
Segments10 records
Ideal customer profiles1 record
Erhvervssikring technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Erhvervssikring partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Alm. Brand Foreningen 1792coreAlm. Brand Foreningen 1792 is the main owner of Erhvervssikring. The association's main purpose is to strengthen communities and create better well-being for children and youth in Denmark. Customers are automatically members of this association. When business is good, the association receives a share of profits, enabling them to support initiatives that benefit customers.
- Codan Forsikring (Alm. Brand Forsikring A/S)coreCodan Forsikring, headquartered at Midtermolen 7, Copenhagen, is part of Alm. Brand Forsikring A/S (CVR 10526949). They partner with Erhvervssikring to serve larger businesses with over 20 employees. Codan handles administration and claims processing for several Erhvervssikring products including workers' compensation, cyber, crime, IT-crime, professional liability, transport, and directors & officers insurance.
- Over 30 Danish Banks (Pengeinstitutter)coreErhvervssikring partners with over 30 Danish banks including: Andelskassen Fælleskassen, Arbejdernes Landsbank, Borbjerg Sparekasse, Djurslands Bank, Dragsholm Sparekasse, Faster Andelskasse, Frørup Andelskasse, Fynske Bank, Hvidbjerg Bank, Klim Sparekasse, Kreditbanken, Lollands Bank, Merkur Andelskasse, Nordfyns Bank, Nordjyske Bank, Nykredit, Ringkjøbing Landbobank, Rise Sparekasse, Rønde Sparekasse, Skjern Bank, Spar Nord Bank, Sparekassen Balling, Sparekassen Bredebro, Sparekassen Danmark, and many others. These banks recommend Erhvervssikring to their business customers.
Scale indicators4 records
Recent moves1 record
Expansion highlights5 records
Erhvervssikring competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Erhvervssikring social profiles
Digital presenceErhvervssikring financial estimates
Financial estimateRevenue estimate
Valuation estimate
Erhvervssikring leadership team
Management profileNumber of profiles
Erhvervssikring funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Erhvervssikring M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Erhvervssikring
What does Erhvervssikring do?
Erhvervssikring provides commercial insurance products to Danish businesses that are customers of partner banks (pengeinstitutter). The company offers a portfolio of 15 insurance products including liability, workers' compensation, motor, health, building/property, contents, cyber, crime, IT-crime, transport, professional liability, business interruption, directors and officers, lawyers' liability, and sick leave business interruption insurance. Distribution is exclusive through a network of over 30 Danish banks, with insurance advisors working alongside bank advisors to provide tailored coverage.
Is Erhvervssikring a public or private company?
Erhvervssikring is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Erhvervssikring founded?
Erhvervssikring was founded in -1. It employs 11 to 50 people.
Where is Erhvervssikring based?
Erhvervssikring is headquartered in Copenhagen, Denmark, in the Europe region.
How does Erhvervssikring make money?
Two revenue lines are on record. Commercial Insurance Premiums are the primary driver. The others are private Insurance Cross-selling Commission.
Does Erhvervssikring have an API?
No public API is recorded for Erhvervssikring.
What industry is Erhvervssikring in?
Erhvervssikring's product category is Commercial Insurance. Its primary akta.pro industry code is FSAJAFAB, Mid-Market Commercial Package (Package Policies), with a secondary code of FSAJANAC, Excess Liability Insurance. Its NAICS code is 5241 and its SIC code is 6331.