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Our focus areas

We focus on competence, efficiency and sound underwriting of core classes of business, including Hull & Machinery and Loss of Hire.

We operate as part of the Nordic and European marine market.

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About us

S Insurance AS was founded in 2015 and is authorised and regulated by Norway’s financial supervisory authority “Finanstilsynet”.

  • We underwrite both marine insurance and reinsurance business following well reputed leaders
  • We work with First Class “A” rated Insurers and Reinsurers
  • We represent our insurers throughout the European Market for clients primarily domiciled within Europe

Our vision

  • Be The Preferred Marine Underwriting Agency
marine insurance


23.05.24 – S Insurance gears up for continued growth with new board

The new board provides the marine insurance agency with important expertise and experience in key strategic areas. On the 23rd of May, S Insurance appointed a new board of directors.

– This is an important milestone in our company’s history, says Managing Director Marianne Engelsen Hals.

Since the start in 2015, S Insurance has grown to become a relevant and trusted player in the marine insurance market in the Nordic region and Europe.

– The new board gives us a solid foundation to continue our growth journey, says Gary Sangedal, founder and majority shareholder

Read more about it: new board of directors

01.12.22 –
We are pleased to announce that Morten F. Basthus has been appointed as Chief Underwriting Officer of S Insurance AS as of 01.12.2022.

He joins us from Skuld Marine Agency AS, where he held the position as Senior Vice President Head of Underwriting Oslo, Hull.

Morten’s extensive experience and knowledge of the market will further develop our underwriting team and product offering and we are excited to welcome 2023 with him on our team!

06.09.22 – We are pleased to announce that with effect from July 2022 we are representing Brace Underwriting Limited at Lloyd’s of London under Consortium 9642. Brace will support and complement our Marine plan for the next few years. Our focus continues to be on Marine Hull, Loss of Hire, War, Cargo and Special Risks.

07.12.2021 – We are delighted to announce that with effect from 1/1/2022 S Insurance AS has been accepted as member of Cefor.

Cefor is the Nordic Association of Marine Insurers. More information can be found on

“A multi-carrier agency with state-of-the-art business management systems and an experienced, client focused team.”
Gary Sangedal — Director of Capacity Management

Contact us

    S Insurance AS

    Telephone: +47 975 19 858

    Statsminister Michelsens vei 38
    5230 Bergen, Norway