Network Partner Profile

  • Danica Pension, established in November 1999, is a wholly-owned subsidiary of Danica Pension Denmark and part of the Danske Bank Group.
  • First Swedish company to allow full transfer of accrued reserves without penalties.
  • Specialises in pensions, employee benefit schemes and portfolio bonds within capital insurance and pension schemes.
  • Core competencies lie in unit-linked insurance business and portfolio bonds.
  • 5% market share in the Swedish life insurance market.
  • Danica Pension works with a small sales team and outsources a great part of consultancy work relating to its products to independent insurance and banking advisers. Alliances and white label solutions are the key ways of supporting customers.
  • Member of the Swiss Life Network since 2002.

Special Advantages

  • Competitive corporate pension schemes (using unit-linked funds and portfolio bonds).
  • Range of unit-linked funds selected by the fund advisor WASSUM.
  • Transferability of reserves.
  • Electronic administration system developed for large companies.
  • White label solutions such as Danica Inside for large companies.
  • Portfolio bond (product with extended investment possibilities), offered through Carnegie Bank, Mangold, Danske Bank, SIP Nordic, Coeli, Pensum, Garantum, Nordnet and AktieInvest.
  • “Think Nordic”, an employee benefit concept offering Danica’s Nordic clients economies of scale, tailor-made products, professional advice, centralised approach and simplified administration.

Coverages and Products

Types of Employee Benefits - Coverage available and poolable:

  • Waiver of Premiums (rider)
  • Survivors’ Pension (rider)

Types of Employee Benefits - Coverage available:

  • Old Age Pension (main cover)
  • Disability Pension (rider)
  • Endowment

Available Financial Products:

  • Company-Specific Portfolios
  • Large range of financial products through Portfolio Bonds