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Skandia

70Score

★★★☆☆3.8

Customer satisfaction · 1.5M members

Svensk Forsakring: Established Brand(2024)

Skandia is one of Sweden's oldest financial institutions, founded in 1855. Mutual since 2014, it primarily focuses on pensions and savings with approximately SEK 3.3 billion in revenue, but is growing its health insurance offering with employer benefits and income protection.

Overall Score

70/100

Founded

1855

Headquarters

Stockholm

Type

statutory

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Key Metrics

Revenue

~SEK 3.3B

Structure

Mutual (since 2014)

Primary Focus

Pensions/savings; health growing

English Support

limited

Editorial Ratings

Svensk Forsakring: Established Brand(2024)

Rating: Revenue ~SEK 3.3B; growing health segment (max: Top)

70Svensk

Coverage Highlights

✓One of Sweden's oldest financial institutions (founded 1855)
✓Mutual since 2014 — owned by policyholders
✓Strong employer benefits packages
✓Integration of health with pension/savings
✓Revenue ~SEK 3.3 billion

Pros

✓Prestigious 170+ year brand
✓Strong employer benefits packages
✓Mutual ownership since 2014
✓Integration of health with pension/savings

Cons

✗Health insurance is secondary to pensions/savings
✗Primarily Swedish-language
✗Smaller health insurance book than competitors

Frequently Asked Questions

Does Skandia specialize in health insurance?

No. Skandia primarily focuses on pensions and savings, but is growing its health insurance offering through employer benefits and income protection products.

Is Skandia a mutual company?

Yes. Skandia became a mutual company in 2014, meaning it is now owned by its policyholders rather than external shareholders.

How old is Skandia?

Founded in 1855, Skandia is one of Sweden's oldest financial institutions with over 170 years of history.

Quick Summary

InsurerSkandia

Country🇸🇪 Sweden

Overall Score70/100

Satisfaction3.8/5

Members1.5M

Typestatutory

Founded1855

Other Insurers in Sweden

If P&C Insurance

private

/ 100

Lansforsakringar

statutory

75.7

/ 100

Euro Accident

private

/ 100

Folksam

statutory

65.3

/ 100

Trygg-Hansa

private

62.5

/ 100

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