Tryg A/S announced that drawing on inspiration from Trygg-Hansa?s successful operating model towards Commercial customers, Tryg will merge its Commercial and Corporate Lines in Denmark and Norway from 1 October 2023. The Corporate segments in both countries have undergone successful transformations over the past few years, where the portfolio of large customers has been adjusted to ensure a more healthy and profitable business. After this successful downscaling, the merger is a natural next step in becoming a more efficient and customer centric business, where corporate customers will experience a simpler entry to Tryg.

To lead these newly formed Commercial units, two internal candidates have been appointed. Hence, SVP Hans Arnum, has been appointed Head of Commercial Lines Denmark, while SVP Michael Kolbæk has been appointed Head of Commercial Lines Norway. From a reporting perspective Commercial and Corporate Lines will remain separate entities.

With synergies from the RSA integration being delivered slightly ahead of schedule, it is a natural next step to align the organisational design of the Group?s Swedish business, Trygg-Hansa, with the organisational structure of the Tryg Group. A decentralised organisational design encouraging decision-making to occur in close proximity to customers and local market dynamics. This structural harmonisation has been planned since the acquisition, and with the integration well on track, accelerating the change will support Trygg-Hansa?s readiness for the coming strategy period.

This means that by 1 January 2024 VD Mats Dahlquist will leave Trygg-Hansa and hand over to the continuing management team, who will report to Tryg Group?s Executive Board.