Compensation Center TVK turns 100
In 2020, the Workers’ Compensation Center celebrated its centennial anniversary. The Finnish Federation of Accident Insurance Institutions was founded on 27 March 1920 in Helsinki. The name was later changed to the Federation of Accident Insurance Institutions and, in early 2016, to the Finnish Workers’ Compensation Center.
The Finnish Federation of Accident Insurance Institutions was founded in 1920 by Finnish insurance companies offering occupational accident insurance. The new federation was tasked with monitoring developments in accident insurance legislation, representing its member institutions in shared issues within the industry, and harmonising the procedures for handling insurance claims across member institutions.
The Workers’ Compensation Center celebrates a century of work - 125 years of insuring Finns against accidents at work | News published on 27 March 2020
Past decades at the Workers’ Compensation Center
The Workers’ Compensation Center is the statutory co-operation body of Finnish workers’ compensation insurance. Its main task is to co-ordinate the implementation of workers’ compensation insurance.
The 100-year-old TVK is by far the oldest insurance sector organisation in Finland, and only a few insurance companies are older than the Center. The six insurance institutions that founded the Center continue as members but operate under different names than a hundred years ago.
Workers’ compensation insurance has long traditions in Finland that go as far back as 1895. At that time, efforts were launched to consciously improve the position of those members of society disadvantaged through no fault of their own, guided by examples set elsewhere in Europe at the time. It is our oldest form of social security. Still, up until Finland’s independence, activity remained fairly limited and only a small part of the country was aware of the insurance’s existence.