Two market leaders join forces: Tryg and ABAX initiate innovative collaboration
The insurance market has stayed unchanged for years. Price models and adjustments have been made on a general basis to standardise the products. Through access to innovative mobility solutions and data analytics the industry is facing a big change.
To be at the forefront of this development, Tryg, the Nordic region's largest insurance company and ABAX, the Nordic region's largest telematics company, enter into a strategic collaboration. Together they will develop completely new, data-driven insurance solutions, which give the customer a safer, easier, and more sustainable everyday life in the future. ABAX and Tryg will by their collaboration use existing technology in new ways and combine the companies' expertise, to create new products that will redefine how we look at insurance.
For more information contact Morten Strand, CEO ABAX, email@example.com
ABAX is one of the largest tech companies with solutions for mileage claim, tool tracking, and equipment control with over 500.000 tracked units all over the world.
Tryg is Scandinavia’s largest insurance company with 7.000 employees and 5,3 million customers.