Skagi hf. provides various insurance products and services in Iceland. It operates through Insurance Operations, Insurance Investments, and Financial Services segments. The company offers property, marine and cargo, vehicle, general liability, accident and health, and life and health insurance, as well as foreign reinsurance products. It also provides family and home contents, home and real estate, sports and hobbies, travel, animal, bicycle, mountain sports and mountain hiking, golf, musical, special risk, and electric scooters insurance services. The company was formerly known as Vátryggingafélag Íslands hf. and changed its name to Skagi hf. in January 2025. Skagi hf. was founded in 1917 and is headquartered in Reykjavik, Iceland.