The financial consultancy company NORTH has acquired the businesses Erhvervsforsikring Danmark and Assurance Partner.
Erhvervsforsikring Danmark is an insurance intermediary for small and medium-sized businesses. Since 2008, the business has established a nationwide portfolio of corporate clients based on an industry-wide agreement and special agreements for cooperative housing and owners’ associations, real estate companies and builders.
Assurance Partners specialises in insurances for housing associations and real estate companies. Since 2008, the business has established a strong presence within advisory services relating to insurance needs and solutions for cooperative housing and owners’ associations, real estate companies, property managers and lawyers.
NORTH was founded in 2021 as a partnership between Contea, Jysk Pension, FinPro and Staus. In that connection, Accura advised the private equity fund Polaris on the acquisition of the four businesses and the establishment of NORTH. NORTH currently has 135 employees and is Denmark’s leading independent consultancy company within indemnity insurance, pension, financial procurement and mortgage credit.
With the acquisitions of Erhvervsforsikring Danmark and Assurance Partner, NORTH extends its position as a market leader and expands the customer base to more than 5,500 companies.
Accura advised NORTH and Polaris in connection with the two transactions.