Nordic Capital agrees minority stake in RiskPoint Group

The investment from Nordic Capital will help accelerate RiskPoint’s global growth ambitions.

  • RiskPoint Group is a global independent specialty insurance managing general underwriter
  • Nordic Capital’s experience within the financial services sector was a key factor in the deal
  • Retaining its independence and partnership-controlled business model was paramount to RiskPoint when finding an investor

Nordic Capital announced on Tuesday that is has reached an agreement to acquire a minority stake in RiskPoint Group.

RiskPoint is a global independent speciality insurance managing general underwriter (MGU) based in Copenhagen. The investment will help accelerate the group’s global growth plans. RiskPoint offers a range of traditional and niche insurance solutions within the areas of M&A, renewable energy, liabilities including financial lines and cyber, off-shore upstream, property and construction, and accident and health.

Jersey-headquartered Nordic Capital focuses on investments primarily in Northern Europe. It invests across financial services, healthcare, technology and selective investments are made in industrial and business services. It is investing via Fund X and Evolution Fund.

“RiskPoint Group provides a unique business model and a strong value proposition to selected markets globally,” said Christopher Ekdahl, managing director, Nordic Capital. “We are impressed by the team’s ability to grow and diversify the group in recent years and expand into strategically important new markets. Furthermore, Nordic Capital has a strong alignment with RiskPoint’s business philosophy and strategy and is very pleased to be partnering with RiskPoint to support the continued growth and its vision of being the underwriter of choice.”

Nordic Capital’s experience within the financial services sector was a key factor of the deal. RiskPoint’s desire to retain its independence and partnership-controlled business model was also paramount when finding the right investor.

“In our pursuit to provide service excellence and expand our geographic footprint, I am proud to partner with Nordic Capital to continue our journey as an independent MGU,” said Kenneth Nielsen, CEO of RiskPoint Group. “This partnership and the alignment between us are founded on the importance and value of our employees and will ensure that our unique company culture can flourish, now and in the future.”

The investment in RiskPoint will be made by Nordic Capital. RiskPoint’s founders and partner group will remain majority owners.