History and values

Nexum Insurance Technologies was established in Riga, Latvia, in 2000. From day one, the overriding aim of the company is a highly compelling, leading-edge IT solutions to businesses from right across the insurance industry sector and beyond. Boasting a team of award winning professionals, each with extensive knowledge of insurance related processes and bespoke application development, the company cooperates with some of the major financial groups present in Scandinavia and the Baltic States (Länsförsäkringar AB, Swedbank, RSA Group, Unicredit Bank and Finansportalen), as well as far beyond.


Nexum IT mission is to create a team of people that likes a process of achieving excellent results. Specialists at Nexum IT combine their deep understanding of customer needs with outstanding industry know-how and best technologies to reach considerably improved business results. The main values are service quality and customer satisfaction.

Our value proposition:

  • We provide business process consulting for optimisation and reengineering in financial services
  • We create IT solutions for the finance industry that dramatically lower administrative costs and increase productivity by automating all processes that do not add value
  • We deliver easy-administration solutions for daily operations management for insurance and bancassurance companies