Defined benefit solutions to create new value from old schemes
Transform defined benefit schemes into streamlined and value-generating assets with the Lumera platform. Automate manual tasks and enhance data quality to cut costs, drive compliance and deliver improved member experiences.
The Lumera platform is a set of ultra-flexible and scalable SaaS solutions to manage any combination of defined benefit, defined contribution, hybrid and group protection schemes in one system.
Unify every process, scheme and administration task into a single, modern platform that handles everything from member management and contributions to complex benefit calculations and claims.
Automate manual tasks, streamline compliance, and enhance data visibility across your entire pension and insurance footprint. Get the efficiency, transparency, and flexibility you need to adapt as your members’ needs evolve.
You don’t need separate defined benefit solutions for different schemes
Leave tech debt behind
Outdated technology can hold your defined benefit (DB) schemes back with inefficiencies and high maintenance costs.
With Lumera, you gain real-time insights, flexible integration capabilities, and a scalable solution that adapts as regulations change, ensuring your DB schemes are future-ready and cost-efficient.
Never replatform again
The Lumera platform makes migration easy, with pre-built connectors and templates to transform and migrate policy data from any legacy system to a modern and standardised format.
It’s also hyper-automated, ultra flexible and built to evolve with the changing needs of your business and your customers.
Streamline wind-down for closed defined benefit schemes
Handle legacy DB scheme obligations with more efficiency and fewer errors by automating tasks like member payments and understanding future liability management.
This enables you to focus on growing and maintaining your ongoing schemes while fulfilling your obligations to defined benefit scheme members.
Improve data quality for pension risk transfer readiness
Reduce risk during buy-in and buy-out transactions by ensuring that member records, benefits, and calculations are accurate and up-to-date.
The Lumera platform enables real-time data insights and automated checks to present accurate information confidently to insurers and regulators, simplifying risk transfer processes and safeguarding your scheme’s integrity during critical transitions.
Our clients
Our clients represent the entire range of companies in the Life and Pensions industry.
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