Stockholm, March 15, 2021 – Itello, working in partnership with Future Core Cloud, has signed a multiyear contract with PP Pension, a mutual occupational pension association for the Swedish media and information industry. PP Pension will migrate to Itello’s policy administration platform using the cloud-based Itello Live offering.
Provided as a turnkey Software-as-a-Service (SaaS) solution, PP Pension will benefit from Itello’s platform without the need for capital investments, extensive customization, on-premise IT operations or internal support teams. The Itello Live solution will replace PP Pension’s existing policy administration system.
“We went with Itello to benefit from the most fully-featured platform for our core business applications that we could find. With efficient implementation and convenient SaaS delivery, we get a powerful, yet balanced solution designed for our long-term needs. We also have great confidence in Future Core Cloud and their migration capabilities,” says Kjell Norling, CEO, PP Pension.
Within the framework of its partner agreement with Itello, Future Core Cloud will manage the implementation project as well as the production environment and service delivery to PP Pension over several years.
“We are very pleased to work with Future Core Cloud to serve PP Pension and their clients. This project is a milestone for our partner strategy and will certainly inspire our future ventures. As we are reaching into new markets, strong partnerships will be a key success factor for Itello,” says Mats Lillienberg, CEO, Itello.
With a background as financial industry consultants, Future Core Cloud combines extensive industry experience from life insurance and pensions with solid expertise in Itello’s policy administration platform. Through the partnership with Itello, Future Core Cloud offers turnkey Itello Live solutions to mid-market life insurers and pension associations.
“We are thrilled to take our partnership with Itello to the next level, delivering a future-proof platform to PP Pension to help drive their further digitalization, as well as a proven solution to support their clients,” says Johan Modig, CEO, Future Core Cloud.
For more information, please contact:
Kjell Norling, CEO: +46 8 729 90 90, firstname.lastname@example.org
Mats Lillienberg, CEO: +46 70 848 81 87, email@example.com Christine Blinke, CMO: +46 73 668 60 08,firstname.lastname@example.org
Future Core Cloud:
Johan Modig, CEO: +46 70 583 28 08, email@example.com
About PP Pension:
PP Pension, founded 1882, is a Swedish occupational pension association. PP Pension was founded by the Swedish Publicists Support Association by the Publicist Club with the aim of managing the members’ pension capital. PP Pension operates within the media and information industry and is a mutual occupational pension association, i.e. All returns are shared with savers through discounted fees. www.pppension.se
Itello is the insurtech company committed to the digital transformation of the life and pensions industry. We help L&P providers undertake the safest path through digital transformation, anchored around our specialized Policy Administration Environment products. www.itello.se
About Future Core Cloud:
Future Core Cloud is part of the group Future Core Fintech Consulting, founded in 2017, delivers IT and consulting services to the financial industry, with an emphasis on players in life insurance. Future Core Fintech Consulting’s employees have extensive experience in the life insurance area and in Itello’s business system Inca. For more information: www.fcfconsulting.se