LB Forsikring is a member-owned insurance company, consisting of the insurance groups Lærerstandens Brandforsikring, Runa Forsikring, Bauta Forsikring, and LB Forsikring til PFA. Together, they have just over 400,000 members who are collectively securing each other. This community-oriented approach is why LB Forsikring is referred to as an insurance community. Being member-owned means that the money works for the benefit of the entire community, with no one profiting from covering for each other. They also share profits and risks, making it a collective effort. Founded in1880, LB Forsikring is currently the third-largest insurance company in the Danish private market. They employ over 750 dedicated professionals and offer a wide range of private insurances, including home, contents, car, accident, travel, and business insurances. The company operates in the finance, financial services, and insurance industries. In terms of current investment details, there is no publicly available information on the last investment or the investors involved for LB Forsikring. This indicates that there may not have been recent significant external funding or noteworthy investment events.
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