Lumera platform selected by SEB Pension & Insurance
Lumera assigned by new customer SEB to help future-proof its policy administration.
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 Lumera 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.