The future-ready defined contribution pension system
If your defined contribution pension system isn’t making your members happier, your administration costs lower, your revenue per policy higher and innovation easier, it’s holding you back.
The Lumera platform maximises the value your workplace pension schemes deliver — for your members and for your business.
Lumera’s defined contribution pension platform was specifically designed to handle the dynamics of group pension and protection schemes as efficiently as possible.
Most policy administration systems treat group schemes as a single entity. We handle hierarchies and objects at a more granular level, so it’s fast and simple to configure offers and communications for individual members, while also managing the wider scheme.
The result is that it’s as easy to manage your schemes at the group level as it is to provide tailored experiences for every member.
You can even combine pension and insurance offerings into a seamless bundle (across defined contribution, defined benefit, hybrid and group protection) to support innovative and personalised offers for your customers.
Built for flexibility and personalisation from the ground up
Hyper-automation to spend more time creating value
Our pension platform was developed to compete in the extreme efficiency and price pressure of the Swedish market.
Where other policy administration systems retrofit automation to manual processes, the Lumera Platform uses APIs and true straight-through processing to automate everything as a default — even for the most complex administration tasks.
Spend less time stuck in day-to-day policy management, and more time building the future of your business — by improving customer relationships and developing innovative offerings.
Administer every scheme with one platform
Lumera is an endlessly flexible administration platform, which means you can consolidate every legacy system and administration process into a unified, automated solution.
Our platform uses a flexible, API-first framework that can easily adapt to the different structures, rules and regulations of different schemes.
So instead of using multiple systems to manage every scheme you operate, you can automate the administration of everything from one place — from contributions and benefits calculations to claims processing.
Integrated mutual fund trading
Lumera’s flexibility means you can consolidate more than legacy administration systems — we also support fund trading, so you can offer a broader range of investments to your members while reducing system complexity.
Our platform automates trade execution and automatically nets all trades across internal and external funds to maximise cost-efficiency and ensure seamless interactions with banking systems.
SaaS-like flexibility that keeps growing with you
When you become a Lumera client, you instantly start benefiting from our shared delivery model.
We develop and update our policy administration platform continuously using a shared code-base — so whenever we solve a problem or create custom configurations for a client, those enhancements are available to everyone.
Likewise, when new regulatory requirements reach the market, it means we only need to adapt our technology once before rolling out the changes for every user.
Our clients
Our clients represent the entire range of companies in the Life and Pensions industry.
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