Protector Forsikring (PROT) Investor presentation summary

Strategic vision and targets

• Pursues cost and quality leadership, profitable growth, and aims for a top 3 position in chosen segments.

• Focuses on unique relationships, best-in-class decision-making, and cost-effective solutions.

• Operates exclusively through broker distribution, targeting public sector, commercial, and affinity markets.

• Values include credibility, innovation, openness, boldness, and commitment.

Performance culture and disciplined growth

• Emphasizes a culture of discipline, teamwork, and recruitment of the right people to drive performance.

• Maintains a guiding principle of ROE ≥ 20% and long-term combined ratio target of 90-92%.

• Achieved organic growth from 0 to over NOK 10bn in annual premiums since 2004.

• Expands by replicating its business model in new markets, with future growth focused outside Norway.

Market expansion and competitive positioning

• Operations span Norway, Sweden, Denmark, Finland, the UK, and soon France.

• Prioritizes new markets based on size, data availability, broking dynamics, and market situation.

• Achieved top 3 positions in brokered insurance segments, especially in Nordic and UK public sectors.