Dansk Kaution to launch new enhanced online solution for companies operating in several countries.
Dansk Kaution, which is part of TrygVesta, now offers customers a new enhanced online solution primarily targeting Nordic businesses requiring guarantees in several different countries. The new online solution will initially be available in Norwegian, Swedish, Danish and English versions.
The online solution is a powerful tool which will be very helpful for individual businesses in managing their guarantee portfolios.
The new online solution streamlines guarantee provision processes and facilitates administration because it not only enables businesses to order their guarantees online, but also provides a greatly enhanced overview of their guarantee facilities.
Customers who have access to Dansk Kaution's online system can also access the entire product portfolio offered by Dansk Kaution irrespective of the country in which they wish to use Dansk Kaution solutions.
"The new platform, which is common for all the Nordic countries, is a key prerequisite for promoting our guarantee business in the Nordic region. It generates economies of scale, which will also benefit our customers, and it provides scope for further growth", says Mads Løgstrup, CEO of Dansk Kaution.
In line with TrygVesta's branding strategy, Dansk Kaution's products will be marketed in Norway and Finland under the name of TrygVesta Garanti and in Sweden under the name of Vesta Garanti.
Dansk Kaution launches the enhanced online system as part of its efforts to develop the Nordic guarantee market, supporting TrygVesta's strategy of being the leading peace-of-mind provider in the Nordic region.
Facts about Dansk Kaution TrygVesta Garanti is part of Dansk Kaution, a wholly-owned subsidiary of TrygVesta. The company guarantees its customers' performance under contracts signed and is the leading player within its field in the Nordic region. Its primary customers are contractors and contract manufacturers. The company uses reinsurance to provide substantial capacity for its customers. The company is marketed as TrygVesta Garanti outside the Nordic region. It has an A- rating from S&P.
Facts about TrygVesta TrygVesta, the second largest general insurer in the Nordic region, comprises Tryg, Denmark's largest general insurer, Vesta, Norway's third largest insurer, Norwegian Enter and Danish guarantee insurer Dansk Kaution. TrygVesta also has a rapidly growing branch in Finland, and Vesta Skadeförsäkring marks the Group's entry into the Swedish market. TrygVesta has about 3,700 employees and two million customers.
Further information Mads Løgstrup, CEO, Dansk Kaution, phone +45 44 20 39 30 Troels Rasmussen, CCO, TrygVesta, phone +45 44 20 30 70
