Nord Insuretech Group AB – Business Update Q3 2025
Sustained growth and strengthened position following the completed share issue
Nord Insuretech Group AB reports continued growth in distributed insurance premiums (GWP), portfolio volume and number of active policies in the third quarter of 2025. The group continues to deliver on its strategy of building scalable digital distribution across its brands and partners.
Key highlights Q3 2025
- Gross Written Premium (GWP) for the quarter amounted to 14.0 MSEK, representing an increase of 8 % from Q2 2025 (13.0 MSEK) and 312 % compared to the same period last year (3.4 MSEK). Despite July and August being traditionally slower months due to the Nordic summer season, sales performance remained strong throughout the quarter.
- Total insurance portfolio grew to 52,3 MSEK at the end of September, compared to 44,1 MSEK at the end of Q2 — an increase of 19 % quarter-on-quarter.
- Number of active policies reached 5620, up from 5170 in Q2, representing 9 % growth in just one quarter.
- Partner-driven sales channels continued to strengthen, including Instabank, CoverMe, Nord and Tesla Owners Club initiatives.
“The third quarter once again demonstrates the scalability of our model and the strength of our distribution network. Achieving strong growth during the Nordic summer period, when activity typically slows, underlines the robustness of our platform and partner channels. We now enter the final quarter of the year with solid momentum and a strengthened position following the recent share issue with MNK Group and other investors,”
says Jan Petter Myhrstad, CEO of Nord Insuretech Group AB.
Capital and strategic development
Following the recently completed share issue, Nord Insuretech Group has entered a new phase of growth with a stronger capital base and aligned strategic focus. The proceeds are being used to accelerate product development, enhance the group’s digital platform and support further expansion in the Nordic market — as outlined in the H1 2025 report.
Outlook
The company remains focused on sustainable and profitable growth through scalable distribution, efficient partner onboarding and disciplined portfolio management. Priorities for Q4 include onboarding of new distribution partners and expanding the Nord Forsikring and CoverMe product lines.
This business update is provided for transparency and does not constitute a regulated interim report under NGM’s reporting requirements. The next formal reporting occasion will be the Year-end Report for the period 1 July – 31 December 2025.