About Nord Insuretech Group

The company

Nord Insuretech Group is a disruptor in the Nordic insurance market with a state of the art technical platform and business model. The company will deliver its services through partners who can then sell various insurance products to end customers in an efficient manner via the company’s digital platform.

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Business Concept

The company’s business concept is to deliver insurance products to partners using an adaptable digital platform. The partners in turn have a large customer or member base where different insurance products are delivered in the relevant channel and customer journey. Nord Insuretech Group will be an intermediary that can deliver both complete digital solutions and white-label solutions where its own platform is at the center – both towards consumers and businesses.

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Customer centric

Cutting edge digital end to end journey built round the customer

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Fast

From onboarding to claims payout, the process is fast, easy and simple. With seamless and integrated end to end solution

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Straight forward

Good coverage, where the terms and conditions are simple to understand

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Competitive

Digital model that enables lower cost, and highly selective targeting and pricing

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Where are we today?

Nord Insuretech Group already has Nordic agreements with different partners – both towards the consumer market and the business market that are being developed and implemented subsequently.

The company will continue to work with new sales to new customers at the same time as the existing agreements have the potential to become large.

Initially, the company starts in Norway as this is the company’s home market. The company currently has customers in Norway and Sweden, but there are already future plans for rollouts in the rest of the Nordic region.

Digital platform

Nord Insuretech Group’s digital platform consists of three main components, where all solutions are cloud-based.

→ Core insurance system
→ Robot solution for onboarding customers
→ Data and analysis platform

All three components deliver modern technology that is efficiently scaled. The standard software is provided by subcontractors and is then adapted and configured according to the Company’s needs.

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Our history, so far

2020
Hudya acquires Prosjekt Duo AS and changes its name to Nord Insuretech Group AB.
2021
Nord Insuretech Group is listed on Nasdaq on January 11.

Nord acquires Pronans Forsikring AS in Norway, securing sales expertise and distribution power.
2022
Nord signs an LOI (Letter of Intent) with Accelerant to offer its own developed corporate insurance products to our distribution partners.
2023
Nord launches its own first corporate insurance products in the Norwegian market.

Nord Insuretech Group acquires Digisure AS, securing an attractive platform and distribution power for private insurance products.

Management team

Get to know our experienced management team with background from relevant industries, distribution, digitization and partner-based companies - and with the ability to create strong growth.

Sofia
Nilsson
CEO

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Jan Petter
Myhrstad
COO

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Rune
Arneberg
CBDO

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Sofia
Nilsson
CEO (chief executive officer)
Employed since

Sofia has been employed at Nord since 2021

Education

MSc in Economics, Stockholm University and Bachelor of Political Science, Swedish National Defense College

Previous assignments

Leading finance positions both as a consultant and employee in roles such as CFO, Head of Accounting, Head of group control, and consolidated accounting manager at major companies such as Epiroc and Länsförsäkringar as well as international startups such as Kinneviksbacked BIMA and SkimSafe

Holdings in the Company

4,802 shares

Jan Petter
Myhrstad
COO (Chief Operations Office)
Employed since

Jan Petter has been employed as COO since 2023.

Education

Undergraduate degree in law from the University of Oslo.

Previous roles

With 20 years of experience in the insurance industry, Jan Petter has held various leading positions, including COO at Digisure AS and EVP at Insr ASA (publ).

Holdings in the company

1.824.000 shares indirectly via Pinseeker AS

Rune
Arneberg
CBDO (Chief Business Development Officer)
Employed since

Rune has been employed as CBDO since December 2023.

Education

BI Norwegian Business School.

Previous roles

Rune holds over 30 years of experience in the Scandinavian insurance market, Rune is a tech-oriented insurance specialist and a serial entrepreneur. He has founded and scaled several insurance start-ups, such as Digisure AS, Vardia Insurance Group ASA, and White Label Insurance ASA, achieving three successful exits, including one IPO.

Holdings in the company

6.817.120 shares indirectly via Villenik AS

Board

Nord Insuretech Group's board members is a broadly composed and competent group with experience from technology, digitization, capitalization, IPO, globalization, communication, leadership, distribution, strategic partnerships, Lean management and consulting.

Kim Mikkelsen
Kim
Mikkelsen
Chairman

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Ivar S.
Williksen
Deputy chairman

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Stein Ole Larsen
Stein Ole
Larsen
Board member

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Ole Morten
Settevik
Board member

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Kim Mikkelsen
Kim
Mikkelsen
Chairman
Relation to the Company and its management

Independent

Relation to major shareholders

Independent

Board member since

2020

Education

HD finance from Copenhagen Business School

Other ongoing assignments

Founder of Strategic Investments, Owner of Strategic Capital Aps

Previous assignments

Head of mortage risk at SEB, Director RBS Greenwich Capital, Head of Fixed Income at UBS

Holdings in the Company

41.000.000 shares indirectly via Strategic Investments

Ivar S.
Williksen
Deputy Chairman of the Board
Relation to the Company and its management

Dependent

Relation to major shareholders

Independent

Board member since

2019

Education

Maritime Nautical Degree, Trondheim Maritime College, Trondheim

Other ongoing assignments

President and Chairman of the Board of Vikna Holding AS. Chairman of the Board of WinWin Seafood ASA and Viknaslipen AS. Board member of Norsk Fisketransport AS, NTS Shipping AS and NTS Management AS

Previous assignments

President and Chairman of the Board of Vardia Insurance Group ASA, Vardia Forsikring AS, Vardia Agencies AS and Vardia Forsikringsagentur AS. Board member of Midt-Norsk Havbruk AS and Vardia Forsäkring AB

Holdings in the Company

6,617,807 shares indirectly via Vikna Holding AS

Stein Ole Larsen
Stein Ole
Larsen
Board member
Relation to the Company and its management

Independent

Relation to major shareholders

Independent

Board member since

2020

Education

Master of Science Finance and International Marketing from the Norwegian Academy of Commerce

Other ongoing assignments

Founder and CEO of Norexeco

Previous assignments

President of Eika Gruppen, Bank2, Odal Sparebank and Eidsberg Sparebank. Chairman of the Board of Eika Finans and BRAbank. Board member of EnterCard

Holdings in the Company

1,231,417 shares indirectly via Steian Invest

Ole Morten
Settevik
Board member
Relation to the Company and its management

Dependent

Relation to major shareholders

Independent

Board member since

2019

Education

B.Sc. Econ and M.Sc. Econ, Copenhagen Business School, Copenhagen

Other ongoing assignments

Working Chairman of the Board No Isolation AS, Oslo

Previous assignments

CEO Advania Norge AS and Bluegarden Norge AS, General Manager for Microsoft Norge AS

Holdings in the Company

1,689,279 shares indirectly via Skaidi