SH Pension migrates to cloud-based policy administration solution by Lumera partnering with Future Core Cloud
The new cloud-based solution enables SH Pension to leverage Lumera’s platform without the need for large capital investments or extensive customization work.
Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, partnering with Future Core Cloud, has signed a multi-year agreement with SH Pension, a provider of occupational pensions for the Swedish trade and retail industry.
Under the agreement, a SaaS solution based on the Lumera policy administration platform will replace SH Pension’s legacy administration applications. The new cloud-based solution enables SH Pension to leverage Lumera’s platform without the need for large capital investments or extensive customization work.
“We chose Lumera and Future Core Cloud (FCC) to get a standardized platform for our entire business. Working with FCC, we look forward to further streamlining our operations while enabling even better services for our customers and partners. With smooth implementation and convenient SaaS delivery, we will have a powerful, flexible solution to support our business and long-term growth,” says Annelie Helsing, CEO, SH Pension.
As part of their partner agreement with Lumera, Future Core Cloud will be responsible for the implementation project, managing the production environment, and providing additional services to SH Pension.
“We are very pleased with our collaboration with Future Core Cloud, which helps facilitate this solution for SH Pension. Our joint project demonstrates the power of Lumera’s partner strategy, inspiring and paving the way for future ventures. Building strong industry alliances is a success factor for Lumera, particularly when we are addressing new markets,” says Mats Lillienberg, Group CEO at Lumera.
With a background as a consulting company in the financial industry, Future Core Cloud combines industry experience from life and savings with solid software and Lumera platform expertise. The partnership with Lumera enables Future Core Cloud to offer a turnkey solution for mid-sized life insurers and occupational pension providers.
“We are proud to take our partnership with Lumera to the next level by delivering a future-proof platform to SH Pension. This will help them drive further digitization and at the same time constitutes a proven solution,” says Johan Modig, CEO, Future Core Cloud.
