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Thipara

Portfolio administration and run-off management services for life insurers in the DACH region

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Overview

Thipara is a policy administration and run-off portfolio management platform for life and annuity carriers in Germany, Austria, Switzerland, and Liechtenstein. The platform is designed specifically for insurers holding closed or non-core life insurance portfolios who seek to modernize administration without divesting the underlying business.

The platform combines cloud infrastructure with insurance-specific software to deliver four service modules: end-to-end policy administration, cloud-based portfolio management, technical legacy migration, and consulting including actuarial and capital management support. Built on IBM cloud infrastructure and msg life software, Thipara operates as a shared-services model -- clients retain portfolio ownership while outsourcing administration to a specialized platform.

Thipara was established as a joint venture between ERGO and IBM, with msg life as the software provider and MEAG supporting asset management services. At launch, ERGO migrated more than six million contracts from its own subsidiary companies onto the platform. IBM transitioned from general contractor to IT platform operator in 2024.

Products & Services

Portfolio Administration Platform

Cloud-based platform for managing closed and run-off life insurance portfolios. Covers policy administration, contract processing, and portfolio monitoring for portfolios in run-off. Supports both private occupational pensions (pAV) and company occupational pensions (bAV).

Key Features

  • End-to-end policy lifecycle administration for closed portfolios
  • Cloud-hosted processing via IBM infrastructure
  • Portfolio monitoring and reporting

Target Users: Life insurance carriers with closed or run-off portfolios

Legacy Migration Services

Technical migration service for moving contracts from incumbent legacy systems to the Thipara platform. Provides a structured transition path for carriers seeking to modernize administration without operational disruption.

Key Features

  • Contract data migration from legacy policy administration systems
  • Integration with msg life insurance software
  • Migration project management and validation

Target Users: Carriers with legacy system debt in run-off portfolios

Consulting Services

Advisory and professional services covering actuarial analysis, capital management guidance, and portfolio transition planning across all project phases.

Key Features

  • Actuarial support for run-off portfolios
  • Capital management and regulatory guidance
  • End-to-end transition planning

Target Users: CFOs and actuarial teams at carriers evaluating run-off outsourcing

At a Glance

Founded
2022
Headquarters
Germany

Category & Focus

Category
Core Administration
Subcategories
Run-off Portfolio Management Policy Administration Legacy System Migration
Insurance Verticals
Life & Annuity
Target Customers
Carriers

Customers

  • ERGO Life Insurance (6 million contracts migrated to platform)
  • Munich Re subsidiary (450,000 contracts migrated)

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Last updated: 2026-07-30