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Itello builds on Microsoft Azure to lead the European Life & Pension industry into the cloud

By achieving IP Co-Sell partner status for Microsoft Azure, Itello extends the relationship with Microsoft, leading the way for cloud transition in the European Life & Pension (L&P) industry.

Stockholm, June 30, 2020 – Itello, a leading provider of business systems and digitalisation solutions for the life and pension industry , today announced that it is now a Microsoft IP Co-Sell Partner. This status enables Itello to collaborate globally with Microsoft sales and marketing organization, significantly increasing market reach.

With the recent introduction of Itello Live, Itello is leading the market by offering a true Software-as-a-Service (SaaS) solution for the European L&P industry – powered by Microsoft Azure cloud technology. As an eligible IP Co-Sell product, Itello Live will be listed on AppSource, Microsoft's cloud storefront.

Achieving Microsoft IP Co-Sell partner status is a significant milestone for Itello, confirming our cloud-first strategy which entails a solid commitment to the Microsoft Azure platform. Given Microsoft’s solid reputation of trust and compliance in the financial industry, Azure adds to our value proposition while offering the right capabilities for our cloud-centric product roadmap, and ultimately, for serving present and future customer needs.

Mats Lillienberg
CEO, Itello AB 

 The outstanding compliance credentials of Microsoft Azure was essential for Itello’s strategic choice of Microsoft as its cloud partner. Itello customers operate under strict regulatory requirements when it comes to transparency and security due to their vital societal importance. By levelling up the collaboration with Microsoft, Itello is now set to execute on its growth strategy and gently lead the European L&P industry through its digital transformation journey.

The L&P industry has entered a new era of accelerated digitalisation driven by higher consumer expectations and need for business agility and efficiency, while subject to continuously updated laws and regulations. To navigate this swiftly changing market landscape, L&P insurers are seeking a modern core application platform that not only ensures long-term stability, security and compliance, but also facilitates quick adaption to new markets and customer requirements. In this transition to a more data-centred and data-driven future, cloud technology is key.

About Itello
Itello is the insurtech company committed to the digital transformation of the life and pensions industry. We help L&P providers undertake the safest path through digital transformation, anchored around our specialized Policy Administration Environment products.

Follow Itello on social media: Twitter @ItelloAB, Facebook @Itello AB and LinkedIn @Itello AB.

For more information, please contact: 
Mats Lillienberg, CEO, Itello: +46 70 848 81 87, mats.lillienberg@itello.se

Summary of Core to the cloud – the digital transformation of the Life & Pension industry
It was a fully booked virtual event when Itello, together with our partners Microsoft and Accenture, invited representatives from the Life and Pension industry to join this exciting webinar. Please take part of the summary of the event and the speakers' presentations.
Meet Itello at Findig 2020, September 15, online at myonvent.com
Findig 2020 is coming to you, both as a digital event and a conference where people meet. Itello will be there, online at onvent.com and on location at the Norway Trade Fairs. We look forward to sharing our insights and answering your questions at this year’s Financial Industry's Digitisation Conference. See you there!
Core to the cloud – the Digital transformation of the Life & Pension industry
Join us on September 1st for a virtual event with our Partners Microsoft and Accenture where we address the new era the Life & Pension industry has entered of accelerated digitalisation driven by higher consumer expectations and need for business agility and efficiency!
  • June 30, 2020