LB Forsikring A/S chooses Vitec Aloc as investment management system supplier

LB Forsikring has chosen Vitec Aloc’s investment management solution PORTMAN for management of LB Forsikring A/S’ investment assets.

Soli Preuthun, Chief Investment Officer, says that: “the choice fell on PORTMAN due to the flexible support for alternative investments, the generally wide instrument coverage and integration with LB’s ERP system. The goal is to support front-to-back office procedures efficiently.”

Furthermore, LB Forsikring attaches importance to the system being implemented as a collaboration between the parties and that it is performed in stages, so that LB Forsikring benefits quickly from PORTMAN and can take different modules into use on an ongoing basis.

Vitec Aloc’s PORTMAN solution is a scalable market-conform investment management platform, which offer the addition of different modules in line with changing needs and requirements in a dynamic market. The solution is supplied as Software-as-a-Service (SaaS) or as a local installation.

“Vitec Aloc looks forward to a long-term and mutually beneficial collaboration in which we welcome LB Forsikring into our customer group in Pension & Insurance,” says Mikkel Rahbek Brunse, CEO, Vitec Aloc A/S.

LB Forsikring A/S

LB Forsikring is a member-owned limited liability insurance company with more than 400,000 members, consisting of the insurance groups Lærerstandens Brandforsikring, Runa Forsikring, Bauta Forsikring and LB Forsikring til PFA.

LB Forsikring currently has more than 770 competent employees and is the third largest insurance company in the private market in Denmark.

About Vitec

Vitec Aloc is part of the group, Vitec Software Group, which is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. The Group's overall processes together with the employees' in-depth knowledge of the customer's local market enables continuous improvement and innovation. The 830 employees are based in Denmark, Finland, Norway and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,156 million in 2019. Find more at www.vitecsoftware.com.

LB Forsikring A/S

LB Forsikring is a member-owned limited liability insurance company with more than 400,000 members, consisting of the insurance groups Lærerstandens Brandforsikring, Runa Forsikring, Bauta Forsikring and LB Forsikring til PFA.

LB Forsikring currently has more than 770 competent employees and is the third largest insurance company in the private market in Denmark.

About Vitec

Vitec Aloc is part of the group, Vitec Software Group, which is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. The Group's overall processes together with the employees' in-depth knowledge of the customer's local market enables continuous improvement and innovation. The 830 employees are based in Denmark, Finland, Norway and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,156 million in 2019. Find more at www.vitecsoftware.com.

Need more information?

If you have any questions, or would like to know more, please contact Mikkel Rahbek Brunse, CEO, at +45 29997160 or send us an email.

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