Gjensidige Forsikring ASA

Changes in Gjensidige's Group Management

Gjensidige Forsikring ASA will make changes in its Group Management effective

from 1 June 2020.

René Fløystøl, who is in charge of E-commerce and digital channels in the

Private segment, will assume the position as Executive Vice President for

Private. He will replace Sigurd Austin who left the company in April this year.

Tor Erik Silset will be the new EVP for Technology and Infrastructure. He will

replace Kaare Østgaard, who moves to the new position as Project director with

responsibility for the company's group projects. Tor Erik Silset comes from the

position as leader of Property Liability Nordic in the Analytics, Product and

Price-area (APP). He is also APP country manager in Denmark.

-These are important contributions to organisational renewal and dynamics,

enabling us to handle the rapid changes in our environment in the best possible

way to deliver on our strategy, says CEO Helge Leiro Baastad.

Gjensidige's Group Management will consist of:

· Helge Leiro Baastad, CEO

· Jostein Amdal, CFO

· René Fløystøl, EVP Private

· Lars Gøran Bjerklund, EVP Commercial

· Catharina Hellerud, EVP Analytics, Product and Price

· Aysegul Cin, EVP Sweden

· Mats C. Gottschalk, EVP Denmark

· Janne Merethe Flessum, EVP Communication and Shared Services

· Jørgen Ringdal, EVP Organisation and HR

· Tor Erik Silset, EVP Technology and Infrastructure

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