Icen Risk launches tax liability insurance offering in the Nordics

Leading transactional risk insurer expands European footprint with dedicated Nordic tax practice

LONDON, 21 September 2026 - Icen Risk ("Icen"), a leading transactional risk insurer, today announces the launch of its tax liability insurance offering in the Nordics, marking a further strategic expansion of its specialist insurance platform across Europe.

To lead the new practice, Icen has appointed Oskar Bonér, who will be based in Stockholm and support clients and brokers across the Nordic region. Oskar joins from PwC Sweden, where he was a Senior Manager specialising in cross-border M&A transactions. He brings more than a decade of international tax experience advising corporates, financial sponsors and investors on complex tax matters.

The launch comes amid growing demand for specialist tax liability insurance solutions across the Nordics and forms part of Icen's broader strategy to deepen its presence in key European markets while providing clients with specialist solutions to navigate increasingly complex transactional, regulatory and tax environments. It also reflects the firm's continued investment in its underwriting capabilities following Zurich Insurance Group's strategic equity investment in the business in April 2025.

The announcement follows a period of significant growth for Icen. Over the past 12 months, the firm has strengthened its international platform through its expansion into North America and the launch of a dedicated contingent risk insurance team, further enhancing its ability to support clients and brokers across an increasingly diverse range of transactional, legal and tax risks.

Dawn Bhoma, Managing Principal of Icen Risk, commented:

"Our tax liability insurance team has experienced exceptional growth over the past 12 months, driven by increasing market adoption of the product and strong demand for specialist underwriting expertise. Clients and brokers continue to value our combination of stable capacity, technically focused but commercially minded underwriting, and a proactive approach to claims handling."

"The Nordics represent an important market for us and we are delighted to welcome Oskar to the team. His deep technical knowledge, regional expertise and strong reputation in the market will be invaluable as we continue to expand our tax offering internationally."

Robert Brown, Managing Principal of Icen Risk, added:

"We have seen a significant increase in tax insurance opportunities across the Nordic region in recent years, reflecting the growing sophistication of dealmaking activity and the increasing use of insurance as a risk management tool."

"Establishing a dedicated Nordic tax liability practice enables us to provide clients with local expertise backed by Icen's pan-European platform, creative underwriting approach and market-leading service standards."

Oskar Bonér commented:

"Icen has established itself as one of the most respected and innovative specialists in the tax liability insurance market. The business combines technical excellence with an entrepreneurial mindset and a genuine commitment to delivering solutions for clients and brokers."

"I am excited to join at such a dynamic stage of its growth and look forward to helping build the firm's presence in the Nordics while further developing a best-in-class tax insurance offering for the region."

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