Lumera enters UK life insurance market via acquisition

Acquired insurtech Ai-London

Hemma Visavadia
clock • 1 min read
Lumera enters UK life insurance market via acquisition

Swedish life and pension insurtech Lumera, has entered the UK market after acquiring Ai-London for an undisclosed amount.

Founded in 1992, Ai-London is an insurtech which operates an AI-driven, open and configurable platform for life and pension providers. Through the acquisition, Ai-London and its team will join Lumera and help support its strategic objectives for expanding into new markets and adding more technology to its portfolio. Mats Lillienberg, chief executive of Lumera said that entering the UK is an "essential part of our European expansion strategy and doing so by joining forces with Ai-London ...

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