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.
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.
Customer centric
Cutting edge digital end to end journey built round the customer
Fast
From onboarding to claims payout, the process is fast, easy and simple. With seamless and integrated end to end solution
Straight forward
Good coverage, where the terms and conditions are simple to understand
Competitive
Digital model that enables lower cost, and highly selective targeting and pricing
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.
Our history, so far
Nord acquires Pronans Forsikring AS in Norway, securing sales expertise and distribution power.
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.
Nilsson
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
Myhrstad
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
Arneberg
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.
Mikkelsen
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
65.127.174 shares indirectly via Strategic Investments
Williksen
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
6.971.932 shares indirectly via Vikna Holding AS
Larsen
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
1.771.544 shares indirectly via Steian Invest
Settevik
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
1.181.548 shares indirectly via Skaidi