Evitec Solutions
Policy administration software for Nordic Life & Annuity and Property & Casualty insurers
Overview
Evitec Solutions is a Finnish software provider offering policy administration and core systems for Life & Annuity and Property & Casualty insurers, banks, and pension funds across the Nordic region. Founded in 1992 and headquartered in Espoo, Finland, the company has built deep expertise in Nordic financial sector regulatory requirements and data needs over more than three decades of operations.
The platform covers the full L&A lifecycle -- Life Savings (unit-linked, capital redemption), Life Risk (personal risk and combined savings-risk products), Life Claims, and Life Payments -- alongside core P&C policy administration. Delivery includes cloud services, on-premise options, and professional consulting, with an API-based integration layer for connecting to existing systems and digital service portals. The company also offers customer engagement, AI services, and data analytics capabilities under its broader product portfolio.
Evitec serves major Nordic financial institutions including OP, Handelsbanken, Lansforsakringar, ELO, and Fennia. The company reported EUR 36M in revenue for 2024 and employs 300+ staff across seven Nordic locations. Volpi Capital, a London-based private equity firm, acquired Evitec in November 2020. In early 2026, the company expanded its product offering through the acquisition of Rohea Software Oy, adding sales and customer engagement tools.
Products & Services
Evitec Solutions Life
Core policy administration platform for life and annuity insurers covering savings, risk, claims, and payments.
Key Features
- Life Savings: unit-linked instruments, base rate, and capital redemption products with inheritance management
- Life Risk: personal risk cover and combined savings-risk product support
- Life Claims: claims automation and management for life insurance portfolios
- Life Payments: incoming/outgoing money management and investment management
Target Users: Life & Annuity carriers and pension funds in the Nordic region
Evitec Solutions Property & Casualty
Core P&C policy administration system for general insurance lines.
Key Features
- Policy lifecycle management for personal and commercial lines
- Integration with Nordic regulatory frameworks
- Modular architecture for incremental adoption
Target Users: P&C carriers in the Nordic region
Evitec Solutions Pace
Customer engagement platform for banks and insurers.
Key Features
- Connects company strategy to customer interactions
- Designed for both banking and insurance use cases
- Rohea Software Oy capabilities integrated (2026)
Target Users: Banks and insurers seeking digital customer engagement
Professional Services
Key Features
- AI Services & Training
- Cloud Services
- Expert Service & Consultancy
- Data & Analytics
- IT Operations
- Tailored Solutions
Target Users: Nordic financial institutions requiring specialist implementation and support
At a Glance
- Founded
- 1992
- Headquarters
- Espoo, Finland
- Employees
- 201-500
- Funding
- PE-Backed
Category & Focus
- Category
- Core Administration
- Subcategories
- Policy Administration Claims Management Life & Annuity Systems
- Insurance Verticals
- Life & Annuity P&C Commercial P&C Personal
- Target Customers
- Carriers
Customers
- OP (Finnish banking group)
- Handelsbanken (Nordic banking group)
- Lansforsakringar (Swedish insurance company)
- ELO (Finnish pension fund)
- Fennia (Finnish insurance company)
- Saastopankki (Finnish bank)
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Last updated: 2026-06-25