TrygVesta and DLG start a co-operation, which will include DLG’s many customers in Danish agriculture, DLG’s corporate customers and DLG’s private customers. Add to these DLG’s Swedish customers within the same areas. In the longer run, it is the intention to include DLG’s other markets in the Baltic Sea area in the co-operation.
- As part of the growing internationalisation of the DLG Group, it has been a strong wish to expand the co-operation within the insurance area beyond the Danish borders. This way, we can match the development that the Danish agriculture is in right now with regard to insurance. TrygVesta is the best choice, as the Group has an international market approach, says Keld Kruse, CEO in DLG Service & Energi.
- At the same time, it has been important to us to find a partner, who shares our view of the customers and strategic development. Today, we have a strongly rooted brand within agriculture and telecommunications, and we wish to expand this platform with TrygVesta within the area of insurance, Keld Kruse adds.
International growth
- We are pleased with the new co-operation with DLG, says Peter Falkenham, COO in TrygVesta. In DLG we get a partner with a very strong brand and a solid customer base. It is important to us that through the agreement with DLG, we have an opportunity to further develop our strong relations with Danish agriculture, and at the same time we will be able to present good offers to all of DLG’s private and corporate customers.
To us, this co-operation also represents big international opportunities. We are already experiencing strong growth in our Swedish business and this new partnership will further enhance our possibilities of growth. In the longer run, other markets present interesting possibilities for co-operation.
We will offer DLG’s customers peace-of-mind, which is much more than just an insurance policy. Vi share DLG’s view on customers and wish to offer customers advantages in connection with pooling of products, so taking this into consideration as well, we look forward to the co-operation, says Peter Falkenham.
TrygVesta is the second largest Nordic – and largest Danish – insurance Group with a premium income in 2007 of DKK 16.6bn and close to 4000 employees.
DLG has activities within heavy goods, telecommunications, oil, feeding stuff and machinery. In 2007, DLG, which is present in 25 countries, had a turnover of DKK 24.6bn. DLG has 5000 employees.
For further information, please contact:
- CEO Keld Kruse, DLG Service & Energi, cell 21 93 30 00
- Chief Operating Officer Peter Falkenham, TrygVesta at telephone no. 44 20 30 30
- Chief Communication Officer Troels Rasmussen, TrygVesta at telephone no. 44 20 30 70
- Chief Communication Officer Else Damsgaard, DLG, cell 30 38 13 33
About TrygVesta
TrygVesta wants to be perceived as the leading peace-of–mind provider of the Nordic region. We aim to prevent concerns from overshadowing the everyday lives of our customers. Throughout 2007, our more than 3,900 employees and our service and product provision interacted to provide peace of mind on a daily basis to more than 2.2 million private customers and more than 100,000 businesses. Generating gross earned premiums of DKK 16.6bn in 2007, we are the second-largest general insurer in the Nordic region. We are the largest player in Denmark and Norway’s third largest player. We have operated our rapidly growing activities in Finland and Sweden since 2002 and 2006, respectively. For more information, go to www.tryg.dk.
About the DLG Group
DLG (Dansk Landbrugs Grovvareselskab) is a cooperative, established in 1969. The Group primarily does business in the countries around the Baltic but is represented in 25 countries. During the last 10 to 15 years, the activities have been expanded from primarily dealing in heavy goods for the agriculture to include e.g. telecommunication, feedingstuff, electricity, agricultural machines, house plants, insurance and oil as well as the chain “Land & Fritid” which has 40 stores in Denmark. In 2007 DLG had a turnover of DKKbn 24.6 and a result before tax of DKKm 264. As per 31 December 2007, DLG had an equity of DKKbn, including minority shareholders. More than half of DLG’s turnover and earnings are from activities outside Denmark. For more information, go to www.dlg.dk.