GREECE: Aegean Insurance to collaborate with Tieto to accelerate innovation in local insurance market

28 March 2019 — Cosmin CONCEATU
Greece-based Aegean Insurance will start using the Finland-based Tieto "Insurance-in-a-Box" platform to become a leading innovator in the Greek insurance market.

"Aegean Insurance wants to be the forerunner of innovation in Greek insurance business. The ambition is to leverage technology to support changing consumer needs. The open ecosystem approach and the modularity of the Insurance-in-a-Box solution fit our needs perfectly," declared Manolis HARALAMBIS, Managing Director of Aegean Insurance.

"Aegean Insurance focuses on creating innovative services and delivering a great customer experience, so we are proud that our Insurance-in-a-Box platform will be the engine behind the next phase in its growth. Aegean Insurance is our first customer in Southern Europe, and we are excited to have the opportunity to help further develop this market," said Christian SEGERSVEN, Executive Vice President and Head of Financial Services at Tieto.

Tieto is a Nordic software and services company, focused on data-driven innovations for large organizations. Aegean Insurance is part of m2 Insurance Group, an ecosystem of custom-designed insurance services; the group is focused on research, development and design of modern technologies for risk management (e.g. underwriting, claims handling).

Tieto's Insurance-in-a-Box platform allows businesses to access a powerful network of partners within its ecosystem, to deliver new products via modular and "plug and play" services. Both companies expect to transform Aegean Insurance into an industry vector for the market.

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