Lumera, a leading insurtech company dedicated to the digital transformation of the European Life and Pensions industry, has entered an agreement with SEB Pension & Insurance to deliver a new policy administration platform. Through an implementation project over the coming years, SEB will phase out legacy, mainly in-house developed business applications, while migrating to the standardized Lumera Core platform.
A new customer, SEB Pension & Insurance is a leader in pension and life insurance in Sweden, including occupational pensions, endowment and life insurance. For SEB Pension & Insurance, the key objective of this initiative is enabling streamlined business processes throughout the value chain while future-proofing its offering and IT architecture.
“We are honored to win the trust of SEB Pension and Insurance to provide the solutions they need to address their market with enhanced agility. The standardized Lumera Core, together with our proven delivery model, will help create the right conditions for SEB to achieve their objectives for this modernization initiative,” says Jonas Alfredson, CEO of Lumera.
About Lumera
Lumera is dedicated to the digital transformation of the European Life and Pensions industry. As insurtech innovators, we provide technology solutions covering policy administration, data management and migration to a broad, blue-chip client base. We also combine our tech and industry expertise to offer a comprehensive range of specialist services, tailored for each local market.
The Prudent Revolution is our mission – bridging technology and partnership to navigate the fastest, safest path through complex change for L&P providers.
Based in Stockholm, Lumera has significant presence with offices in the United Kingdom, the Netherlands, Norway, Sweden, India and Vietnam. The company is majority owned by Monterro, the leading software investor in the Nordic region.
