Gjensidige: Inspiring long-term retention through good preboarding

That content is then delivered to new hires at crucial moments throughout the preboarding timeline. Their dedicated project team worked in tandem with Talmundo’s onboarding experts to craft a bespoke experience combining best-practice strategy, engaging content, and interactive journeys – all in less than three months. “We’ve had a focus on onboarding for a long time and have been good in a lot of areas. Many of our positions require a fairly formal onboarding, especially in the sales and customer care divisions”. Gjensidige is a leading Nordic insurance group listed on the Oslo Stock Exchange. Gjensidige has provided insurance services for more than 200 years. In recent years, Nordea has focused its operations to the Nordic core markets.

The use of mobile data will be charged according to the rates of your mobile operator. We have insured our XM Overview customers’ lives, health and assets since the first Norwegian mutual fire insurer was established in 1816.

Om Gjensidige

The company traces its roots back to 1816 when a fire mutual was founded as Land Gjensidige Brandkasse in what is today Oppland county. Gjensidige demutualised and listed on the Oslo Stock Exchange in December 2010. The firm, headquartered in Oslo, has a market share of some 25% in the Norwegian insurance market. The company has 36 branch offices in Norway, not including affiliated fire mutuals, and 1 million customers. The company offers all kinds of insurance for Retail customers, agriculture and business. It also offers retail banking products through its subsidiary Gjensidige Bank as well as pensions and savings products.

With one of the strongest balance sheets in Europe we have opportunities to strengthen the standing in these markets and take part of profitable growth. Nordea has entered into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The agreement also includes a long-term continuous delivery maturity model strategic mutual distribution cooperation with Gjensidige in Norway. With Talmundo, preboarding activities are managed through an interactive web app made available for all new hires. We want to ensure that all our new employees get a good start when they join Gjensidige, regardless of position.

We have about 3800 employees and offer insurance products in Norway, Denmark, Sweden and the Baltic states. Operating income was NOK 30 billion in 2021, while total assets were NOK 130 billion. The developer says this app doesn’t share user data with other companies or organizations. At the same time, managers and other preboarding stakeholders receive email notifications to complete important activities on their end, such as preparing a welcome day pack or scheduling a pre-start introduction meeting.

Our services

In Lithuania we offer a wide range of insurance products for both private and corporate customers. The bank offers private individuals a suite of digital banking services, mortgages, car financing, unsecured loans and savings and investments distributed online and through a network of strong partners. The company traces its roots back to 1816 when a fire mutual was founded as Land Gjensidige Brandkasse in what is today Innlandet county. The firm, headquartered in Oslo, has a market share of some 26% in the Norwegian insurance market.

Gjensidige wanted to reduce turnover and ensure that all their new employees received a great start from the moment their employment contract was signed. For more than 200 years, Gjensidige has ensured life, health and values ​​for their customers. The developer will be required to provide privacy details when they submit their next app update. There are obviously specific signs for many words available in sign language that are more appropriate for daily usage. Imparting key information about the program through company-wide training webinars designed to create long-term engagement with the app.

HR creates content in the ‘admin portal’ which is then delivered to new employees at relevant moments in their onboarding journey, along with reminder email notifications to keep them engaged. Gjensidige Forsikring is one of the largest insurance companies in Norway. Sparbanken NOR was acquired by DnB NOR in 2003, but Gjensidige remained an independent company, and reverted to its original name in 2005.

• The use of mobile data will be charged according to the rates of your mobile operator.
• In Lithuania we offer a wide range of insurance products for both private and corporate customers.
• The firm, headquartered in Oslo, has a market share of some 26% in the Norwegian insurance market.
• The Gjensidige team has used the builder to create a wide range of interesting content – from company history & values to nice-to-know statements, a company dictionary and an engaging welcome film.
• The firm, headquartered in Oslo, has a market share of some 25% in the Norwegian insurance market.

They have been particularly innovative in their use of Talmundo’s customizable learning pages – a flexible feature that allows administrators to create dynamic, personalized content directly in the app. Estimates vary, but the average cost of hiring a new employee starts at around $3328 for a newly created entry-level role, and balloons to almost $213,000 to fill highly educated executive positions. Many companies struggle to retain their hard-won recruits, and statistics show that up to 31% of new hires quit their job within the first 6 months of starting. In 2007 Gjensidige acquired shares in Storebrand, and for some time held the position as the number one shareholder with 24.33% of the stock. We would like to announce that the “Gjensidige hand” application will be closed from November 29. See you in the updated version called “Gjensidige self-service”.

Gjensidige Employees Size

Gjensidige saw that they had a great potential to improve the new employees’ experience between the initial job offer and the first working day, – what is commonly referred to as the preboarding phase. Gjensidige uses Talmundo’s powerful technology in the preboarding phase to build meaningful connections with new hires before day 1, with the aim to give all new employees a good start, increase connection as well as reduce employee turnover. Nordea expects to deliver annualised cost synergies of approximately €25 million from the combined Nordea and Gjensidige cost base by 2022. In addition there will also be revenue synergies from the growth ambitions. The acquisition will have a positive impact on Nordea’s earnings per share from year one, a return on investment of approximately 16% by 2022 and reduce Nordea’s CET1 capital ratio by approximately 60bps. The Gjensidige team has used the builder to create a wide range of interesting content – from company history & values to nice-to-know statements, a company dictionary and an engaging welcome film.

Gjensidige HAND – free app, dedicated for insurance company`s Gjensidige clients and partners in Lithuania, Latvia and Estonia. Both of us have a strong internal culture and our set of values is a perfect match. We are certain that the customers we both serve will benefit from the wider and better offering that will follow when the two strong partners join forces,” says Storset. “This is a significant step for us and underlines our strategy and ambition to grow in the important Norwegian market.

Translations for Gjensidige

The company offers all kinds of insurance for retail customers, agriculture and business. In 1992 Gjensidige acquired Forenede Forsikring and in 1993 Gjensidige Bank was created with banking services. In 1999 Gjensidige and the savings bank Sparebanken darwinex review NOR created the Gjensidige NOR-group. The Group was a strategic alliance between mutually owned companies. When Gjensidige NOR merged with Den norske Bank in 2003 to form DnB NOR, Gjensidige Forsikring remained an independent company.

No data shared with third parties

As the largest bank in the Nordics it is natural for us to partner up with the leading insurance company in Norway. This agreement means that many more Norwegians will get a relation to Nordea, and we fully intend to serve them to the best of our capability,” says Snorre Storset, Branch Manager, Nordea Norway. Although the company traces its roots back to 1816, the brand name Gjensidige originates from the life insurance company Christiania almindelige gjensidige forsørgelsesanstalt that was established in 1847. In the early 1970s the p&c-company traded under the name Samtrygd, whereas the life insurance company had simplified its name to Gjensidige Liv. The two companies formed a strategic alliance in 1976, adopting Gjensidige as a joint brand name, but as both companies were mutually owned they did not merge.