# Solid Försäkringsaktiebolag > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/en/companies/solidförsäkringsaktiebolag). ## Overview Solid Försäkringsaktiebolag is a Swedish insurance company specializing in personal safety, product, and assistance insurance segments. The company has demonstrated strong financial performance, driven by profitable growth in its core segments. Solid Försäkring has been actively expanding its partnerships, particularly in the Swedish market, to enhance its product offerings and customer reach. The company is listed on Nasdaq Stockholm and continues to focus on strategic growth and operational efficiency. ## Products & services • Personal Safety Insurance • Product Insurance • Assistance Insurance • Payment Protection Insurance • Car Warranty Insurance - **Personal Safety** (40%) — Includes payment protection and personal accident insurance - **Product** (30%) — Covers insurance for consumer products - **Assistance** (30%) — Provides car warranty and roadside assistance insurance - Personal Safety Insurance - Product Insurance - Assistance Insurance - Payment Protection Insurance - Car Warranty Insurance ## Customers Solid Försäkring serves a diverse range of customers primarily in the Nordic region. Its customer base includes individuals seeking personal safety and payment protection insurance, as well as consumers purchasing product insurance for electronics and other goods. The company also caters to car owners through its assistance insurance offerings, including car warranty services. Solid Försäkring's strategic partnerships with retailers and automotive companies help it reach a broader audience and enhance its market penetration. - **Individuals** (primary) — Buy personal safety and payment protection insurance for security - **Retail Consumers** (secondary) — Purchase product insurance for electronics and goods - **Car Owners** (primary) — Use assistance insurance for warranties and roadside help - Individuals seeking personal safety and payment protection - Consumers purchasing product insurance for electronics - Car owners requiring warranty and roadside assistance - Retailers partnering for bundled insurance offerings - Automotive companies collaborating for warranty services ## Geography Solid Försäkring operates primarily in the Nordic region, with a strong presence in Sweden. The company recently divested its Swiss branch to focus on its core markets. Its strategic partnerships in Sweden have bolstered its market position, particularly in the personal safety segment. The company's geographic focus allows it to leverage regional expertise and maintain a competitive edge in its key markets. - Primary operations in the Nordic region, especially Sweden - Divested Swiss branch to concentrate on core markets - Strong market position in Sweden through strategic partnerships - Focus on regional expertise to maintain competitive advantage ## Strategy Solid Försäkring's strategy focuses on expanding its market presence through strategic partnerships and enhancing its product offerings. The company aims to drive growth in the personal safety and assistance segments, leveraging new partnerships in the Swedish market. It is also focused on improving operational efficiency and maintaining a strong financial position. The recent divestment of its Swiss branch aligns with its strategy to concentrate on core markets and optimize resource allocation. - **Expand strategic partnerships** (medium-term) — To enhance market presence and product offerings - **Focus on core markets** (short-term) — To optimize resource allocation and improve efficiency - Expand market presence through strategic partnerships - Enhance product offerings in personal safety and assistance - Drive growth in the Swedish market with new partnerships - Improve operational efficiency and financial stability - Focus on core markets by divesting non-core operations ## Risks Solid Försäkring faces several risks, including market competition and regulatory changes in the insurance industry. The divestment of its Swiss branch highlights the risk of non-core market exposure. Additionally, the company must manage risks related to investment portfolio fluctuations, which can impact financial results. The insurance sector's inherent risks, such as claim volatility and underwriting challenges, also pose potential threats to profitability. - **Market competition** [high] — Intense competition can pressure margins - **Regulatory changes** [medium] — Can affect operational compliance and costs - **Investment portfolio fluctuations** [high] — Affects financial results and stability - Intense market competition in the insurance industry - Regulatory changes affecting insurance operations - Exposure to non-core markets like Switzerland - Investment portfolio fluctuations impacting financial results - Claim volatility and underwriting challenges in insurance ## Accounting Solid Försäkring's financial statements are influenced by several critical accounting matters. Revenue recognition timing, particularly in insurance premium accounting, is crucial for accurate financial reporting. The company must also manage the seasonality of its insurance products, which can lead to quarterly fluctuations in revenue. Additionally, fair value measurements of financial instruments and investment portfolio valuations significantly impact reported earnings. The company adheres to IFRS standards, ensuring transparency and comparability in its financial disclosures. - **Revenue recognition timing** — high - **Fair value measurements** — medium - Revenue recognition timing in insurance premium accounting - Seasonality leading to quarterly revenue fluctuations - Fair value measurements of financial instruments - Investment portfolio valuations affecting reported earnings - Adherence to IFRS standards for transparency --- *Last updated: 2026-08-11T04:04:55.859630+00:00*