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Lumera acquires ITM to grow presence in UK market

ITM adds substantial UK customer base, key competence and consultancy resources. Stockholm, July 1, 2024 – Lumera, a leading insurtech company dedicated to the digital transformation of the European Life and Pensions industry, has entered an agreement to acquire ITM, an independent provider of data management and technology solutions serving the UK Life and Pensions markets. A major step in Lumera’s international growth strategy and the largest acquisition to date, ITM adds significant presence and capabilities to accelerate growth in the UK Policy Administration Systems (PAS) market.

Pension fund Bpf HiBiN completes transition of policy administration to Lumera AxyLife

Pension fund Bpf HiBiN successfully migrates to Lumera AxyLife in 10 months, modernizing and automating its policy administration. Stockholm, March 6, 2024 – Lumera, a leading insurtech company dedicated to the digital transformation of the Life and Pensions industry, has achieved a major milestone in the implementation project with the pension fund Bpf HiBiN serving the building material trade in the Netherlands.In 2023, Bpf HiBiN selected AxyLife, a SaaS solution provided by Lumera, for its new pension administration system. The implementation project reached a major milestone within

Lumera extends Nordnet partnership to address the Finnish insurance savings market

Nordnet continues to build on Lumera's platform when entering the insurance market in Finland, now launching a SIP insurance savings account offering. The business partnership between the companies now extends to four Nordic countries.Stockholm, November 7, 2023 – Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, has extended its partnership with Nordnet, the leading Nordic digital savings and investment bank. Building on its present implementation of Lumera’s policy administration platform, Nordnet now enters the

Lumera selected by Bpf HiBiN to provide SaaS policy administration platform

Sector pension fund Bpf HiBiN selects Lumera AxyLife to modernize and automate its policy administration. Digital Twin strategy will facilitate transition to future WTP pensions scheme. Stockholm, March 28, 2023 – Lumera, a leading insurtech company dedicated to the digital transformation of the Life and Pensions industry, has signed an agreement to provide a SaaS policy administration solution to Bpf HiBiN, a self-administered sector pension fund serving the building material trade in the Netherlands.Following evaluation of several options, Bpf HiBiN selected Lumera AxyLife as their

Wolters Kluwer pensions fund implements Lumera solution to modernize administration and prepare for major reform

Lumera selected by Wolters Kluwer to provide a modern policy administration solution, including support for the new WTP pension scheme.  Stockholm, March 21, 2023 – Lumera, a leading insurtech company dedicated to the digital transformation of the Life and Pensions industry, announces the successful implementation of a new policy administration solution for the Stichting Pensioenfonds Wolters Kluwer Nederland (SPWKN). SPWKN is a pension fund for Dutch employees and pensioners of Wolters Kluwer (EURONEXT: WKL), a global leader in professional information, software solutions, and services

Lumera appoints Jonas Alfredson as Chief Financial Officer

Stockholm, January 17, 2023 – Lumera, a leading software company dedicated to the digital transformation of the European Life and Pensions industry, has appointed Jonas Alfredson as Chief Financial Officer (CFO). Jonas was recruited to Lumera from Outpost24, a cybersecurity vendor, where he has held the CFO position since 2016. He brings a wealth of financial management experience from public, private, and private equity owned companies, including CFO assignments with software company Episerver and investment company Bure Equity. Jonas is joining Lumera on February 13.“It’s my pleasure to

Lumera acquires AxyWare to solidify commitment to Dutch market

Lumera strengthens its commitment to the Dutch Life and Pensions market with the strategic acquisition of systems provider AxyWare. Stockholm, December 22, 2022 – Lumera, a leading software company dedicated to the digital transformation of the European Life and Pensions industry, has acquired AxyWare, a well-established systems provider to Dutch pension funds, pension fund administrators, and life insurers. Based in Utrecht, AxyWare is a privately held company with 30 employees.With its flexible administration software, AxyWare actively supports implementation of the Dutch pension

Lumera selected by HAYAH to deliver fully digitalized insurance platform

Digital insurance pioneer HAYAH partners with Lumera to co-create their next-generation platform, including AI-powered policy administration.Stockholm, December 6, 2022 – Lumera, a leading insurtech company dedicated to the digital transformation of the international Life and Pensions industry, has entered an agreement with HAYAH Insurance Company to deliver a next-generation, AI-powered insurance solution. Based in the United Arab Emirates, HAYAH is the Middle East region’s first fully digitalized insurer, specializing in life, medical and savings. HAYAH is adopting a range of Lumera

Vita, Life insurance company, d.d., selects Lumera* as strategic AI & automation partner

Slovenian bank insurance leader Vita, Life insurance company, d.d. (Vita) has launched a major initiative to modernize its policy administration, now extending the partnership with Lumera Ltd, formerly Airas, to implement AI-driven automation technology across the life, health and accident insurance products value chain. Stockholm, September 19, 2022 – Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, has entered an agreement with Vita to deliver AI-driven automation for a significant part of Vita's claims handling

Vita, Life insurance company, d.d., selects Lumera* as strategic AI & automation partner

Slovenian bank insurance leader Vita, Life insurance company, d.d. (Vita) has launched a major initiative to modernize its policy administration, now extending the partnership with Lumera Ltd, formerly Airas, to implement AI-driven automation technology across the life, health and accident insurance products value chain. Stockholm, September 19, 2022 – Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, has entered an agreement with Vita to deliver AI-driven automation for a significant part of Vita's claims handling

Lumera acquires and invests in Ai-London for continued European expansion

Strategic acquisition will be instrumental for expansion to the UK and Ireland markets, while investing in Ai-London’s vision to create the world’s first AI-powered PAS and adding award-winning digital engagement to Lumera’s policy administration environment. Stockholm, May 25, 2022 – Lumera, a leading insurtech company dedicated to the digital transformation of the European Life and Pensions industry, has entered an agreement to acquire Ai-London, insurtech experts in delivering AI-driven, open and configurable platforms to life and pension providers.With the transaction completed, Ai-

Lumera acquires and invests in Ai-London for continued European expansion

Strategic acquisition will be instrumental for expansion to the UK and Ireland markets, while investing in Ai-London’s vision to create the world’s first AI-powered PAS and adding award-winning digital engagement to Lumera’s policy administration environment. Stockholm, May 25, 2022 – Lumera, a leading insurtech company dedicated to the digital transformation of the European Life and Pensions industry, has entered an agreement to acquire Ai-London, insurtech experts in delivering AI-driven, open and configurable platforms to life and pension providers.With the transaction completed, Ai-

Nordnet partners with Itello to address new market emerging from Norway’s EPK pension reform.

.Itello provides extensive support to Nordnet’s initiative to enter Norway’s pension market by means of a groundbreaking EPK services offering.Oslo, February 15, 2021 – Nordnet, the leading Nordic digital savings and investment bank has extended their implementation of Inca, Itello’s policy administration system, to underpin its service offering addressing Norway’s newly introduced Egen pensjonskonto (EPK). EPK enables some 1.5 million private sector employees in Norway to manage their pension savings more practically using online services, while providing greater freedom of choice both

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