OB:GJFInsurance
Does Gjensidige’s CoreSuite Write-Off Reveal Shifts in Digital Strategy or Broader Ambitions for OB:GJF?
Gjensidige Pensjonsforsikring announced that it has discontinued its CoreSuite core-IT system after determining the platform no longer meets evolving business requirements, leading to a NOK400 million pre-tax impact on the Group's pension business profit in Q3 2025.
This decision will not affect the Group's eligible own funds or its dividend capacity under Solvency II, as these metrics exclude intangible assets from their calculations.
We'll explore how the discontinued CoreSuite project and...