The Nordben Group is owned by BenCo Insurance Holding B.V. and Storebrand Life holds 89.96% of BenCo's Ordinary Shares.
Storebrand Life, which is part of the Storebrand Group, is one of Norway's largest life insurance companies and co-operates with us in respect of the Norwegian Market. The Storebrand Group also offers investment management, mutual funds and banking to the Norwegian market.
The Storebrand Group also includes SPP Pension & Forsakring AB. (publ) one of the leading pension and life insurance companies in Sweden. SPP is an important business partner for the Nordben Group and co-operates with us in respect of the Swedish Market.
In Finland, we work with the minority shareholder of BenCo, Mandatum Life. Mandatum Life is market leader in the Finnish group pension and savings arena. In addition Mandatum Life provide a wide range of life and insurance products as well as basic coverage in case of death, disability and medical treatment. Mandatum Life is part of the Sampo Group.
Nordben is a member of two insurance networks which provide employee benefit services to multinational companies.
The International Group Program (IGP), a division of John Hancock U.S.A., was founded in 1967 and operates in 65 countries. Each network partner offers a high degree of expertise in the provision of group insurance solutions.
The Insurope Network of independent life insurance companies is represented in over 80 countries and has been providing employee benefit services to multinational companies for over 40 years.
Nordben has products that can be included in an IGP or Insurope account for either reporting or pooling purposes. For more information on the concept of multinational pooling click here.