An increasing pace of change in the European Life and Pensions industry



A word from our CEO:

2021 was an eventful year and we clearly feel that the pace of change in the European Life and Pensions industry is increasing, as we continue our strategic initiative to enter new markets.

As previously communicated, we are adding a new development center in Hanoi, to accelerate product development and support our development teams in Stockholm and Umeå. We have just hired a developer who will be Lumera’s first employee in Vietnam.

Over the years, Lumera has supported customers’ migrations from multiple bespoke legacy systems to our policy administration environment. By migrating legacy product portfolios and policies to a modern platform, life insurance companies can substantially reduce costs, while improving customer service. Check out our latest Pulse survey focusing on Administration costs and find out what drives the need to control and reduce costs in the European Life and Pensions industry.

As you know, Lumera has made it our mission to support safe and pragmatic, yet fast and efficient transformation. In this newsletter, we share our latest videos about Digitalization and Business agility, two key enablers for transformation.

On March 17, we are attending the Pensioen Pro conference in Amsterdam, the annual event that brings together thought leaders and decision-makers in the Dutch pensions industry. We’re very excited to share our experiences and lessons learned from the Scandinavian market during an expert session, as Dutch pension funds are facing the transition from Defined Benefit to Defined Contribution, to address growing legal and social requirements.

We are also pleased to be hosting the Lumera Morning Insights webinar in April, which covers Migration. This will feature interesting guest speakers and panel discussions. Stay tuned for the detailed agenda!

Mats Lillienberg, CEO, Lumera

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