After the capital injection - Pensure launches venture
Pensure, Investment after capital injection, 2020-11-02
Last spring, the insurance technology company Pensure raised SEK 5.6 million in a rights issue to launch its future venture. The capital injection has been used for key recruitments and the development of a new website to be launched on the second of November. Meanwhile, the Corona pandemic has made Pensure's offer more urgent than ever.
- The pace at which society is digitalising right now makes our solution even more attractive than when we founded Pensure, and we are noticing an increased interest," says Mikael Claesson, CEO of Pensure.
With three new hires and a stable cash position, Pensure is ready to take the next step as a company. On the second of November, the Stockholm-based insuretech company will launch its new website, which will make it even easier for companies in Sweden to take out and manage their occupational pensions. Pensure has been developing its digital platform for the past two years and, in addition to listening to customer feedback for the beta version, has used the long experience within the company to shape the offering and interface.
- I have worked in the pensions industry for over 30 years, including being CEO of three different pension companies. Over the years I have discovered things that I think have been wrong and unfair, but Pensure will change that. It should be easy to take out an occupational pension at low fees. You should not have to make an appointment at the bank, but we are available around the clock with digital advisors present, says Mikael Claesson.
Same benefits as large companies
Through tough negotiations with partners and the digitalisation of all processes, Pensure is able to offer occupational pensions with a discount on the underlying funds and the absence of any kind of insurance fees. These are benefits that larger companies with collective agreements have long been able to offer their employees through pension procurement, but that smaller companies have been without in the past. One of the companies that has already tried using the Pensure digital platform is the consultancy TechFactory.
- The benefits are many, but the most important for us was the simplicity, agility and overview their digital platform gives us. Another very big advantage is that we always felt that we were close to support and if we needed to ask questions. It feels familiar even though it's digital," says Fredrik Cederborg, CEO of TechFactory.
Strong and growing interest
The Corona pandemic has meant difficult adjustments for many companies, but also that the digitalisation of society has accelerated. As a result of these developments, interest in Pensure's services has increased further in recent months and the company has high expectations for the autumn.
- I am very pleased with the recruitments we have made. We have brought in very competent people and are now a senior team with a lot of experience in the industry. The team and the new website make me more confident than ever with our offering and look forward to taking it to market for real," concludes Mikael Claesson.
Read more about Pensure here.
The idea of Pensure is based on making the complicated simple. We don't think customers prefer sitting in long meetings with the bank or having to wade through piles of forms, instead we've created a format to meet the customers of the future on their terms. Pensure has developed a digital, affordable and sustainable occupational pension with the same security as the bank or insurance company. As a Pensure customer, your occupational pension is taken out with the pension company SPP.