Itello and AMF have signed a contract under which Itello will deliver and implement their standard system Inca. This is the outcome of a comprehensive procurement process that AMF has gone through which has included several suppliers.

This collaboration will guarantee AMF’s continued ability to offer their policy-holders among the lowest fees in the market. It also aligns well with Itello’s ambition to offer the players in the savings market the most efficient IT platform from both the operations and development perspectives.

”Inca meets the high demands we have on a modern system that covers our needs for a long time to come. They are also a partner with deep knowledge of the market in which we operate” says Robert Schuman, CIO at AMF. ”We are of course very pleased to have been chosen as a supplier for AMF. This is a long-term strategic effort for AMF and we have been working hard together since last summer to lay a solid ground for our parthership”, says Hans von Knorring, Managing Director at Itello.

Inca
Inca is a proven insurance system based on standardised business processes. It provides automated support for administration of pensions savings, unit-linked funds and insurances. Inca is designed for en ever-changing market and constitutes a cost-efficient alternative to developing in-house systems. Inca is continually being adapted to new requirements, e.g. those resulting from changes in regulation. As of today Inca is in use at Swedbank Försäkring AB, Aktiv Försäkringsadministration i Stockholm AB, Nordea Liv & Pension Försäkring Sverige AB (Nordea Liv & Pension), Nordnet Pensionsförsäkring AB (Nordnet Pension) and Moderna Försäkringar Liv AB (Moderna Liv & Pension).


For more information, please contact Hans von Knorring, +46(8) 508 922 00 or hans.von.knorring@itello.se