A solid quarter lining up for further growth

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30/03/2023

A word from our CEO

For Lumera, 2023 is off to an exciting start in all our markets. During the first quarter, we have welcomed many colleagues, most notably the AxyWare team in Utrecht – following our acquisition now known as Lumera Netherlands.

The latest addition to our executive team is Chief Financial Officer Jonas Alfredson, who joined us in February. His expertise and experience from guiding software businesses to successful growth will be key to Lumera as we are aiming for new markets.

We have also announced an exciting addition to our offering: the Lumera dashboard, a new concept designed to enable users to work in a more data-driven fashion. The dashboard provides an overview of key data and quick access to relevant sections in the system related to the data.

Well aware that AI is on everyone’s lips these days, I must restate our belief that AI and automation holds great promise for Life and Pensions providers. Here you can take part of practical artificial intelligence solutions that will help optimize your core business operations.

Always eager to learn about our customers’ agenda, we invited 2,100 European Life and Pensions professionals to offer their views on AI and the potential they see for this rising technology in their industry. You find the detailed report from the Lumera pulse survey here.

For more on the same topic, stay tuned for the next Lumera Morning Insights webinar “AI in the Life and Pensions industry” on April 18, where we outline best practices on how to do AI in L&P. We will also share our experiences from real-life AI projects we have led and implemented.

Since we teamed up with AxyWare, we have already heard significant good news. Lumera was recently selected by the Wolters Kluwer pensions fund to modernize their policy administration, including support for the new WTP pension scheme. We have also signed an agreement to provide a SaaS solution to Bpf HiBiN, a pension fund serving the building material trade.

At Lumera, we asked ourselves how we best can help Dutch pension funds managers a smooth transition to the new pension contract. A cornerstone in our response is the Digital Twin, which entails a parallel operation where the old and the new schemes can run side by side.

These customer wins testify to the strength of Lumera’s offering for the Netherlands, as we have made a convincing case that we can ensure a smooth transition to the new pension system. To further explore the Dutch pension reform, and to take part of our experiences, read this new article.

While the leading indicators are telling us to prepare for more financial turmoil ahead, we are optimistic about the future. We help Life and Pensions providers manage change – whether driven by digitalization, regulation or system reforms.

Mats Lillienberg
CEO, Lumera

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