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Logo of Lumera

Lumera

byLumera
in Life Insurance Policy Administration Systems, Europe
4.0

Overview

Product Information on Lumera

Updated 13th October 2025

What is Lumera?

Lumera is a software designed for the management and administration of life and pension insurance products. It automates policy administration, premium collection, claims processing, and regulatory reporting. The software facilitates integration with third-party systems and supports digital transformation strategies by enabling flexible configuration of insurance products and workflows. Lumera addresses business challenges related to compliance, operational efficiency, and legacy system modernization by providing tools to streamline administrative processes and support accurate data management across various insurance portfolios.

Lumera Pricing

Lumera software utilizes a subscription-based pricing model which is typically based on factors such as the scope of modules selected, number of users or policies managed, and integration requirements. Pricing details may be customized according to client needs, often quoted upon request, and may include fees for initial implementation, ongoing support, and upgrades.

Overall experience with Lumera

IT-chef
50M - 250M USD, Insurance (except health)
FAVORABLE

“Reliable partner and a stable product”

4.0
Oct 8, 2021
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.
There are no reviews in this category.
CRITICAL

About Company

Company Description

Updated 7th December 2023

The company, recognized as a crucial player in the insurtech sphere, is dedicated to advocating for and initiative continuous digital transformations specifically within the life and pensions industry. The primary business challenge it addresses involves facilitating a seamless transition to a digital environment for firms operating in these sectors.

Company Details

Updated 26th February 2025
Company type
Private
Year Founded
2003
Head office location
Stockholm, Sweden
Number of employees
201 - 500
Annual Revenue
<50M USD
Website
https://www.lumera.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

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Peer Discussions

Lumera Reviews and Ratings

4.0

(8 Ratings)

Rating Distribution

5 Star
25%
4 Star
75%
3 Star
0%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • IT-chef
    50M-1B USD
    Insurance (except health)
    Review Source

    Reliable partner and a stable product

    4.0
    Oct 8, 2021
    My overall experience is very good. It is a stable product, and reliable staff. The arcitechture has to be modernized, because it is not cloud native.
  • IT-chef
    50M-1B USD
    Insurance (except health)
    Review Source

    Reliable partner and a stable product

    4.0
    Oct 8, 2021
    My overall experience is very good. It is a stable product, and reliable staff. The arcitechture has to be modernized, because it is not cloud native.
  • Read All 8 Reviews

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Recommended Gartner Insights

  • Critical Capabilities for Life Insurance Policy Administration Systems, Europe
  • Magic Quadrant for Life Insurance Policy Administration Systems, Europe
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Reviewer Insights for: Lumera
Performance of Lumera Across Market Features

Lumera Likes & Dislikes

Like

The products stability. The reliable staff. Knowledge in swedish rules.

Like

The products stability. The reliable staff. Knowledge in swedish rules.

Like

The products stability. The reliable staff. Knowledge in swedish rules.