Overview
Vermeg is a financial software provider serving insurance carriers, banks, and capital markets firms across 40+ countries. The company delivers core administration platforms for life and pension, health and protection, and P&C insurance segments, alongside collateral management and post-trade processing solutions for banking institutions.
The company's insurance portfolio includes Solife, a life insurance administration system, and Soliam, a portfolio management core, along with enrollment and group insurance platforms. Solutions are delivered as enterprise-grade software to major financial institutions and insurers, and Vermeg dedicates approximately 30% of its workforce to research and development. SOC 2 Type II certification (audited by EY UK) underpins its security posture.
Founded in Tunisia in 1993 and restructured in Amsterdam in 2002, Vermeg has grown to approximately 1,600-1,700 employees serving 160+ clients including 24+ central banks. The company received PE backing from Charterhouse Capital Partners in 2020. In April 2026, Tarak Achich (former Euronext executive) was appointed Group CEO, while founder Badreddine Ouali transitioned to Chairman of the Supervisory Board. In November 2024, Vermeg divested its RegTech division (Agile) to Regnology to focus on collateral management and insurance solutions.
Products & Services
Solife
Life insurance administration system for policy lifecycle management.
Key Features
- Policy administration for life and pension products
- Lifecycle management from issuance through claims
- Supports individual and group life insurance
Target Users: Life and pension carriers
Soliam
Portfolio management core for insurance asset management.
Key Features
- Insurance portfolio management
- Asset allocation and reporting
- Integration with core insurance systems
Target Users: Life and pension carriers, asset managers within insurance groups
Group Insurance Member Enrolment
Group insurance enrollment platform for employee benefits administration.
Key Features
- Digital enrollment workflows for group schemes
- Member data management
- Integration with HR and payroll systems
Target Users: Group benefits carriers, TPAs
Individual Health & Protection Insurance
Platform for individual health and protection product administration.
Key Features
- Individual health product lifecycle management
- Protection insurance administration
- Policyholder management
Target Users: Health and protection carriers
Collective Health & Protection Insurance
Group health and protection insurance administration.
Key Features
- Collective scheme management
- Group member administration
- Claims and benefit processing
Target Users: Group health carriers
Digital Commercial Agreement
Commercial insurance digital enrollment platform.
Key Features
- Digital onboarding for commercial policies
- Agreement workflow automation
- Integration with core policy systems
Target Users: Commercial insurance carriers
Money For Life
Lifecycle wealth management solution.
Key Features
- Wealth accumulation and decumulation products
- Policyholder-facing lifecycle management
- Integration with pension and savings products
Target Users: Life and pension carriers
Colline
Collateral management platform for capital markets (non-insurance).
Key Features
- End-to-end collateral lifecycle management
- Regulatory margin compliance
- Multi-asset collateral optimization
Target Users: Banks, central banks, broker-dealers
Megara
Post-trade processing suite for capital markets (non-insurance).
Key Features
- Securities settlement and reconciliation
- Central bank operations support
- Central Banking Award 2025 winner
Target Users: Central banks, custodians, financial institutions
At a Glance
- Founded
- 1993
- Headquarters
- Amsterdam, Netherlands
- Employees
- 1000+
- Funding
- PE-Backed
Category & Focus
- Category
- Core Administration
- Subcategories
- Policy Administration Life Insurance Administration Portfolio Management Group Insurance Enrollment Claims Management
- Insurance Verticals
- Life & Annuity Health Group Benefits P&C Commercial
- Target Customers
- Carriers
Customers
- Allianz
- Zurich
- Ageas
- Bank of England
- Societe Generale
- Nordea
- Deutsche Bank
- ABN AMRO
- Santander
- State Street
- Northern Trust
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Last updated: 2026-05-18