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Nord Insuretech Group to acquire Sum-it AS

PRIVATESep 24, 2026about 2 hours ago

Acquiring Company

Nord Insuretech Group AB

Acquired Company

Sum-it AS

StockholmNorwayFinancial ServicesInsurtechInsuranceInsurance

Description

Nord Insuretech Group AB has signed a non-binding Letter of Intent to acquire Sum-it AS, a Norwegian insurance distributor. The acquisition aims to combine Digisure's digital platform with Sum-it's customer relationships for a better insurance experience. Both companies look to create one of the largest distribution partnerships in Norway. The transaction is subject to due diligence and customary closing conditions.

Company Information

Company

Nord Insuretech Group AB

Location

Stockholm, Stockholm County, Sweden

About

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

Fundz sees it the moment Nord Insuretech Group AB makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for Nord Insuretech Group AB's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Sum-it AS?

Sum-it AS was acquired by Nord Insuretech Group AB, based in Stockholm. The deal was reported on September 24, 2026. Nord Insuretech Group is a Nordic insurance technology group that enables partners to distribute insurance products through a proprietary digital platform. Nord Insuretech Group AB is privately held and operates in Financial Services.

When did Nord Insuretech Group AB acquire Sum-it AS?

Nord Insuretech Group AB's acquisition of Sum-it AS was reported on September 24, 2026. Nord Insuretech Group AB has signed a non-binding Letter of Intent to acquire Sum-it AS, a Norwegian insurance distributor. The acquisition aims to combine Digisure's digital platform with Sum-it's customer relationships for a better insurance experience. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sum-it AS do?

Sum-it is a Norwegian insurance distributor known for its broad product portfolio spanning vehicle, property, and leisure insurance. It is recognised for high customer satisfaction and strong customer relationships. It is privately held, operating in Insurance, and is based in Norway.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.