Lloyd’s is licensed in Norway to write all classes of business except credit, surety and term life and is best known locally as a market for marine and energy risks.

The Norwegian market is the 11th largest source of revenue for Lloyd’s globally and the premiums generated by Norwegian policyholders in 2008 amounted to approximately USD 258 million, 62 % of which is direct insurance and 38 % is reinsurance.

Lloyd’s Underwriters work closely with brokers and local underwriting agents (coverholders) and offer tailor-made insurance products for large risks.


Espen Komnaes

Espen Komnaes became the first Lloyd’s General Representative for Norway in 1988. As the General Representative, Espen handles compliance issues, protection of the Lloyd’s brand and other functions vital to Lloyd’s operation in Norway. In addition Espen gives general advice to Lloyd’s underwriters and brokers on legal matters.

Espen is the senior partner of Komnaes Braaten Skard, a small law firm in Oslo, specialising in insurance law. He was admitted to the Supreme Court in 2008 and has completed the arbitration training recommended by the Danish and Norwegian bar and law societies. Espen’s experience in insurance law goes back to 1990 and includes work on insurance claims issues related to major maritime catastrophes in Scandinavian waters.

Espen is the first point of contact for all questions regarding Lloyd’s activities in Norway.

Lloyd's representation
Espen Komnaes
Komnaes Braaten Skard DA
Lloyd's General Representative for Norway 
Stortingsgata 2 Pb. 1661 Vika,
N - 0120 Oslo

Tel: +47 22 42 27 00
Fax: +47 22 42 27 01
Email: espen.komnaes@sverdruplaw.no



Lloyd's Nordic Area Manager as well as General Representative for Sweden
Erik Börjesson, Lloyd's Nordic Area Manager. Erik was appointed in January 2008.

Cell phone + 46 705 39 99 82
Direct +46 8 545 255 41
Email: erik.borjesson@lloyds.com

Erik spent 16 years as an insurance broker, 12 of which were with Willis in Stockholm and Gothenburg. Before joining Lloyd’s, Erik was Senior Vice President, Head of Risk Management and Specialities at Marsh AB, Sweden. He graduated from Law School at the University of Uppsala and spent a year in Oslo at the Scandinavian Institute for Maritime Law studying maritime law, marine insurance and petroleum law.

Erik’s primary focus is on strengthening Lloyd's existing relationships, and developing new ones with insurance buyers in the Swedish and Nordic market.

Erik is responsible for Lloyd’s activities in the Nordic region including Sweden, Denmark, Norway and Finland. The premiums generated by Nordic policyholders in 2008 amounted to approximately USD 550 million, 63 % of which is direct insurance and 37% is reinsurance.