Insurer profile

ADB Gjensidige

ADB Gjensidige · Lithuania

Founded 1993Vilnius, LithuaniaLast verified Sep 27, 2026

Overview

ADB Gjensidige is a non-life insurer headquartered in Vilnius with branches in Latvia and Estonia, rooted in the Lithuanian insurer formerly known as PZU Lietuva (rebranded to ADB Gjensidige in 2016 after its 2015 acquisition by Norwegian Gjensidige Forsikring). On January 2, 2026, ERGO International AG completed its acquisition of ADB Gjensidige from Gjensidige Forsikring ASA, making Gjensidige and ERGO sister companies within the ERGO Group in the Baltics. Since April 29, 2026, Gjensidige has stopped selling its own products to new customers and instead began distributing ERGO insurance products, and on June 29, 2026 the Estonian FSA approved a cross-border merger of ERGO Insurance SE with ADB Gjensidige. The Gjensidige brand is expected to disappear from the Baltic market by the end of 2026, with the gjensidige.lt website scheduled to go offline by the end of October 2026 as services move to ERGO.

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Company details

Parent group
ERGO International AG (formerly Gjensidige Forsikring ASA)
Regulator
Bank of Lithuania (Lietuvos bankas)
Phone
+370 5 272 1626
Official website

Regulatory updates

ADB Gjensidige is registered with the Bank of Lithuania as a Lithuanian insurance undertaking (company code: 110057869, address: Zalgirio g. 90, LT-09303, Vilnius). On January 2, 2026, ERGO International AG completed its acquisition of ADB Gjensidige after receiving all required regulatory and competition approvals in Lithuania, Latvia, and Estonia, with Gjensidige and ERGO becoming sister companies within the ERGO group. From April 29, 2026, Gjensidige stopped offering its own insurance products for new contracts and began distributing ERGO products instead. On May 4, 2026, Gjensidige transferred its rights and obligations under road carriers' civil liability insurance contracts to the insurer "If". On June 29, 2026, the Estonian Financial Supervision Authority approved a cross-border merger of ERGO Insurance SE with ADB Gjensidige; after completion, Gjensidige's business will continue under ERGO's insurance licence, operating through ERGO's Lithuanian and Latvian branches. The merger is expected to be completed by the end of 2026, at which point the Gjensidige brand will be phased out and the gjensidige.lt website will be taken offline (planned for end of October 2026), with customer services moving to ERGO's website and customer service lines.

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