Nord Insuretech Group ABNGM: NORDIG

Nord Insuretech Group signs LOI to acquire Sum-it

· Issued by Nord Insuretech Group AB

Summary by 6ix AI

Nord Insuretech Group AB, a Nordic insurance technology group, has signed a non-binding letter of intent (an early, preliminary agreement) to acquire Sum-it AS, a Norwegian insurance distributor.

Key details

  • The deal would combine the digital purchasing platform of Digisure, Nord Insuretech Group's operating subsidiary, with Sum-it's personal customer relationships. The company says the aim is to offer customers a choice of fully digital purchasing or personal advice, with a broader product range.
  • The company says Digisure and Sum-it together would be one of the largest distribution partners of Eir Försäkring AB in Norway, with a combined insurance portfolio in excess of NOK 200 million.
  • Sum-it's product range covers vehicle, property and leisure insurance.
  • Nord Insuretech Group is listed on NGM, a stock exchange in Stockholm.

What’s still pending

  • The letter of intent is non-binding.
  • The transaction is subject to satisfactory completion of due diligence (the buyer's detailed review of the business).
  • The transaction is subject to the signing of a definitive share purchase agreement.
  • The transaction is subject to customary closing conditions.

6ix AI wrote this summary from the release below and checked it against the release.

Nord Insuretech Group AB ("the Company") has signed a non-binding Letter of Intent (LOI) to acquire Sum-it AS, a Norwegian insurance distributor with a broad product portfolio and strong customer satisfaction.

The acquisition brings together the digital purchasing solution of Digisure, the Company's operating subsidiary, with Sum-it's personal customer relationships. Together, the aim is to offer customers a choice, a fully digital purchasing experience for those who prefer it, and personal advice for those who want it, backed by a broader product offering.

"This is an exciting pairing of two companies. Digisure's digital platform and Sum-it's loyal customer base and personal relationships position us to reinvent the customer experience for insurance products, both digitally and personally," says Kim Mikkelsen, Chairman of Nord Insuretech Group AB.

Together, Digisure and Sum-it will be one of the largest distribution partners of Eir Försäkring AB in Norway, with a combined insurance portfolio in excess of NOK 200 million.

"Joining forces with Digisure is very exciting. Combining Digisure's technology with our shared insurance provider and vision gives us the momentum to grow faster and more sustainably," says Jan Hugo Schenkel, CEO of Sum-it.

The transaction remains subject to satisfactory completion of due diligence, and execution of a definitive Share Purchase Agreement, and customary closing conditions. Further updates will be provided as the process progresses.

About Sum-it AS
Sum-it is a Norwegian insurance distributor with a broad product portfolio spanning vehicle, property and leisure insurance, recognised for high customer satisfaction and strong customer relationships.

About Nord Insuretech Group AB
Nord Insuretech Group is a Nordic insurance technology group that, through a proprietary digital platform, enables partners to distribute insurance products to their customers. The Group primarily operates as an insurance intermediary through Norwegian subsidiaries and offers both white-label solutions and fully digital customer journeys. The company is listed on NGM in Stockholm.

For further information about the company, please visit www.nordinsuretechgroup.se.

Contacts
For more information, please contact:
Kim Mikkelsen, Chairman of the Board, Nord Insuretech Group AB 
Mail: ir@nordinsuretechgroup.se

This information is information that Nord Insuretech Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-09-23 22:30 CEST.

Attachments
Nord Insuretech Group signs LOI to acquire Sum-it

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