Gjensidige is a Norwegian insurance company organised as a mutual insurance company. Though the company has roots back to 1689 when the fire treasury at Nes was founded. Gjensidige in its present form was founded in 2003 when the insurance division of Gjensidige NOR was not made part of the merger with Den norske Bank. Gjensidige is a self-owning institution with a marked share of 32,1% of the Norwegian insurance marked and has its headquarters in Oslo, Norway. The company has 176 branches and 1.5 million customers. Gjensidige has subsidiaries in Denmark, Sweden and The Baltics