For more than 20 years, the innovation behind the Tia Solutions has contributed to and shaped the path of the global insurance industry. The first E.R. diagrams of the Tia Solutions were drawn back in 1986, when a Danish insurer had international ambitions and tasked its developers with designing an insurance solution with open architecture, flexibility, scalability, solidity, upgradeability and, of course, a modern look-and-feel. Designed by insurance professionals for insurance professionals, one of the world’s very first InsurTech companies was born.
In the 90s, the original developers performed a management buy-out and established Tia Technology in 1997. Tia Technology was acquired by the Swedish equity fund EQT in June 2014. Backed by EQT, we have a strong platform for continuing our journey, growing the expansion worldwide and investing massively in R&D. Our achievements have been honoured with three consecutive XCelent Awards for serving the largest customer base in EMEA.
Since 1997, Tia has provided open and flexible software to insurers all over the world. Every day we draw strength from our more than 20 years of hands-on industry knowledge to service our 67 customers across five continents. In a not-so-distant future, we look forward to welcoming our 200th colleague, who – if we run the numbers – will probably be a software developer or implementation consultant. 78% of us are, you see.
Regardless of what project we’ve been involved with, we have a zero-failure implementation rate. That’s a 100% success rate, if you’re a glass-half-full type. More than 30,000 insurance professionals from all over the world use the Tia Solution, daily. In total, our systems handle more than 20 million insurance policies, equal to a book of business exceeding €6bn in Gross Written Premium.
Tia exists to help insurers grow. That is our mission.
To succeed we must build a scalable solution that is fit for our different customer segments and create a strong community of customers and partners alike.
We strive to be the preferred vendor for insurers who want the simplest, most intelligent insurance platform. This is our vision. It helps us set a direction for both long-term strategies and day-to-day business.
Our values shape our way of working and help us define and reach our targets:
Vagn Sørensen has vast experience from the software and insurance industry through his roles as Chairman of Automic, as well as Chairman of KMD and Codan (subsidiary to RSA). With comprehensive board experience from a number of multinational companies, including Chairman positions at FLSmidth, TDC and Scandic, Vagn brings with him extensive industry knowledge and experience.
Sabine VanderLinden is the CEO of Startupbootcamp InsurTech, Europe’s leading early-stage and independent accelerator for insurance technology startups. Sabine is also a Partner at Rainmaking. Sabine VanderLinden cultivates the expertise of leading insurers, investors and mentors to bring the innovation of startups to market within a three-month period.
Simon Lee is the former Group Chief Executive of RSA Insurance (2011-2013). Prior to this, he worked as regional CEO at RSA (2003-2011), as well as Chairman of Codan and Trygg-Hansa. He is also a non-executive director of Mutual and Federal (listed on JSE) and AIM listed Conister Trust. Simon contributes with significant sector knowledge and an international customer perspective.
Jonas Persson is Chairman of the Board at Sitecore and StormGeo. He is also a board member of EQT-owned company Automic. He has held numerous leadership positions within Microsoft, most recently as CEO of Microsoft Sweden. Jonas also has vast experience working with software R&D and cloud-enabled solutions.
Jakob Holmen Kraglund is a member of the Tia board and has extensive management and operational experience within IT and professional services. He previously served as CEO of Cambio Healthcare Systems, a leading Nordic provider of software and IT services. Jakob has also served as CEO of Traen, a leading Danish provider of software and IT services for Case and Document Management, and as Country Managing Director of Accenture.
Filip Bredinger is EQT Partners’ representative and has been with EQT Partners since September 2013. Prior to this, he worked within Mergers & Acquisitions at Morgan Stanley in London. Filip has experience from technology-related transactions and board experience from Coromatic.
Rikke Kjær-Nielsen is a Partner at EQT Partners. She has also worked as a Director at EQT Partners and for The Royal Bank of Scotland (previously Alfred Berg ABN AMRO) in the department for Mergers & Acquisitions. Rikke has significant experience from the technology sector, having worked on the acquisition of StormGeo.
Christian Kromann has more than 16 years of experience running Fintech industry businesses. Christian's diverse background gives him not only a deep understanding of how to lead a software company, but also great insight into the needs of complex insurance organisations, including the market and regulatory challenges they face.
David Lyager Schøndorff has extensive experience within several finance and change management disciplines. David came to Tia from a successful career at TORM and Dong Energy (now Ørsted). He played a key role in re-establishing TORM as the world's leading product tanker company and in DONG Energy's consolidation of the Danish energy sector.
Anders S. Rosenbeck is a senior business technologist and leader. He has 22 years of solutions selling and project management experience, within insurance and asset management. Anders holds an M.Sc. in Engineering and a B.Sc. in Economics and has been leading teams since 1996.
Carsten Vraa-Jensen has extensive experience within the insurance industry. He comes from a position as Claims Director at Codan/RSA Denmark. Before that, he was CEO at Falck Travelcare for a period of five years. With a focus on developing customer-focused digital solutions, Carsten is going to ensure Tia’s further growth by strengthening international sales and positioning efforts.
Flemming Louw-Reimer throughout his professional career, Flemming has been developing mission-critical business solutions. In his role as Senior VP for R&D, he oversees the development and support of the Tia Solution. Earlier in his career, he was responsible for the development of solutions for the utility industry, public government, as well as the ERP solution Microsoft Dynamics AX.
Ida Sparrevohn is an experienced HR professional with management experience, business acumen and a proven track record working in the software industry. Ida has a background of working for KMD and IBM. Her area of expertise lies within creating organisational results through people development, leadership execution, and process improvement.
Martin Damm has more than 20 years’ experience in the Scandinavian insurance industry from Danish insurer Alka and as CFO of our implementation partner Assurator (now a part of Tia). Throughout his career, Martin has run several successful Tia implementations, always with the firm goal of reducing TCO and risk for customers.
Thomas Illum is a passionate computer scientist and visionary architect with almost 20 years of IT consulting experience. He spent several years working for Accenture prior to co-founding Assurator in 2006 and Insurance Cloud in 2012. With an excellent track record for insurance implementations over the last 17 years, he has in-depth knowledge of the architecture and design of powerful solutions for insurance processing.