Company profile: Nordic Insurance Software
1.1 - Company Overview
Company description
- Provider of insurance software and coverage, offering NIS for Claims & Assistance for automated claims processing and medical assistance case management with fraud management, multi-lingual support, and integrated provider networks; NIS for Policy Sales & Administration for multi-channel policy management with client administration, broker management, and task automation; plus travel, expatriate, health, and dental insurance.
Products and services
- NIS for Policy Sales & Administration: A modular system that manages insurance policies across multiple channels, featuring client administration, broker management, and task automation for efficient policy lifecycle control
- NIS for Claims & Assistance: An enterprise-grade platform for automated claims processing and medical assistance case management, incorporating fraud management, multi-lingual support, and integrated provider networks to streamline adjudication and care coordination
- Travel Insurance: Policy-based coverage for individuals and families before, during, and after travel, structured to cover pre-trip, in-trip, and post-trip periods throughout itineraries
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Nordic Insurance Software
Ontellus
HQ: United States
Website
- Description: Provider of records retrieval and claims management solutions for custodians, insurance carriers, self-insured corporations, and law firms, leveraging decades of experience and cutting-edge technology to help reduce costs, inform decisions, and accelerate claims resolution; the nation’s largest privately held records retrieval provider delivering impactful, client-centric services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Yodil
HQ: United States
Website
- Description: Provider of business intelligence (BI), management and operational reporting, and data analytics to the insurance industry, marrying deep insurance knowledge with rich content, adaptable technology, and flexible report-delivery options, and normalizing data from disparate source systems by standardizing formats and definitions.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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Groundspeed
HQ: United States
Website
- Description: Provider of a machine learning and AI-powered platform that accelerates commercial insurance performance by converting submissions, loss runs, exposure schedules, and policy documents into actionable data. Services include document ingestion, AI data labeling, automated enrichment, submission prep, triage, and transparent delivery for underwriters to lower costs and identify profitable pools of risk.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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ISCS
HQ: United States
Website
- Description: Provider of software and services to the property and casualty (P&C) insurance industry, offering the SurePower Innovation modern enterprise suite, supported by the right technologies, talented people, and field-proven processes to drive business success.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Agency Matrix
HQ: United States
Website
- Description: Provider of insurance agency management system solutions that enable management of book of business, staff, and office from anywhere. Offerings include TurboRater for Websites, a mobile-first platform to compare existing policies against hundreds of national carriers with a customizable quoting interface, and Sales Cloud solutions for Personal Lines, Employee Benefits, and Commercial Lines.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Agency Matrix company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Nordic Insurance Software
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Nordic Insurance Software
2.2 - Growth funds investing in similar companies to Nordic Insurance Software
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4 - Top valuation comps for Nordic Insurance Software
4.2 - Public trading comparable groups for Nordic Insurance Software
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