Länsförsäkringar Bank and Länsförsäkringar Hypotek have received a reprimand from the IMY regarding an issue from 2021

In June 2021, Länsförsäkringar reported itself to the Swedish Authority for Privacy Protection, IMY, concerning a possible breach of the general data protection regulation. Several companies, including Länsförsäkringar Bank and Länsförsäkringar Hypotek, have today received a reprimand from the IMY because what did occur was considered a minor violation.

As Länsförsäkringar has earlier conveyed in a press release on 9 June 2021, among other companies, Länsförsäkringar Bank and Länsförsäkringar Hypotek have been involved in a case with the IMY relating to a personal data incident that had occurred the same year. This stemmed from having had a feature, ”advanced matching”, turned on due to a handling error. The feature was immediately turned off upon discovery.

”We of course took the incident seriously already in 2021, and we have since taken measures to prevent it from happening again.”, says Sven Eggefalk, President of Länsförsäkringar Bank.

The companies that received a reprimand are the following:

Länsförsäkringar AB (publ), Länsförsäkringar Bank AB (publ), Länsförsäkringar Hypotek AB (publ), Länsförsäkringar Fondliv Försäkrings AB (publ), Länsförsäkringar Gruppliv Försäkrings AB (publ) as well as the 23 regional insurance companies within LF Alliance.

Link to the press release from 9 June 2021 (in Swedish)

Link to Länsförsäkringar’s press room (in Swedish)

Link to press Länsförsäkaringar's press room (in english)

For further information, please contact:

Sven Eggefalk, President Länsförsäkringar Bank AB, telephone +46 588 414 37, +46 70 240 47 04

Andreas Larsson, Head of Investor Relations, Länsförsäkringar Bank AB, telephone +46 720 843634

Press contact, telephone +46 8 588 418 50