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SPP – a part of Storebrand

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An entirely digital occupational plan

SPP operates in the occupational pension market in Sweden and offers a wide range of sustainable pension products for businesses and individuals. For a long time, they have worked purposefully to invest the savings in a more sustainable direction that shapes better pensions and a better world to retire in. 

The Challenge

For many years, SPP has strived to become Sweden's leading digital occupational pension company. In 2015, SPP concluded that as the Nordic Insurance market is on the way to be disrupted, the outcome of analysis has been clear. They needed to implement a new core platform, redefine its place in the ecosystem and be more accessible for partnerships. 

The Solution

SPP began its significant change and digitisation journey by replacing non-flexible and outdated IT systems with Itello’s policy administration system Inca. Through the migration of existing insurance policies to a common modern IT platform, SPP gained access to integrations and automated processes, as well as the very best prerequisites for building future business. In addition, higher level of IT management, better pre-conditions for compliance and a more predictable cost-structure was achieved.

With the digital solutions from Itello, SPP is able to create efficient digital dialogs with intermediates and corporate as well as private customers. Furthermore, efficient integrations with partners are possible. Overall, a cost efficient administration ready to drive SPPs sustainable business forward is in place!

The Result


  • With the help of a brand new IT platform and a battery of digital innovations, SPP has managed to achieve an increase in new sales of 34 % over the past year. This is in a market that grows about 2 % annually. 
  • Since  2015, the fees and administration result have seen a significant increase up to 61 %.
  • The digitization process has resulted in a total cost decrease of 10 %.
  • Winner of the category "Digital project of the year" at CIO Awards 2019. 
  • Increased efficiency and automation in processes and routines.
  • Accelerate new offers and launch them on the market.
  • Improved and simplified internal control and compliance.
  • Strengthened ability to work in the industry's increasingly complex digital value chain.
  • Cost efficiency by using standardised solutions and IT support.

SPP’s 8th migration in the Future Core transformation project

In 2015, SPP embarked upon its great automation and digitisation journey by replacing a fragmented IT platform, consisting of a number of antiquated and inflexible IT systems, with Inca.

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Trophy of the year

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Future ensured Mutual fund trading

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