Aktia launches SCOR’s Velogica in Finland, opening a new chapter in automated underwriting

SCOR Digital Solutions is proud to announce the successful launch of Velogica, our cloud-based automated underwriting solution, with our strategic partner Aktia Life Insurance in Finland.

Built on SCOR’s proprietary risk expertise and powered by dynamic questionnaires, predictive models, and a robust rules engine, Velogica is designed to deliver real-time, data-driven decisions across the Life & Health insurance value chain, enabling insurers to streamline policy issuance, enhance decision quality, and scale with agility.

This new milestone with Aktia marks a significant advancement in our shared commitment to digital innovation, operational excellence, and customer-centric transformation in life insurance.

While the solution was initially soft launched in January 2025 and has already received strong endorsement from Aktia Life Insurance’s distribution and underwriting teams, Velogica is now fully live across Aktia Life Insurance’s operations in Finland, supporting all life insurance products in the country. The implementation follows a seamless integration and collaborative development process, and reflects our joint ambition to deliver fast, reliable, and data-driven underwriting decisions.

Aktia Life Insurance is planning to extend Velogica’s use to additional distribution channels and product lines in the coming months, further enhancing its digital offering.

Ville Niiranen, Acting Managing Director of Aktia Life Insurance, comments: “Our goal is to enable easier access to risk insurance and deliver an excellent customer experience to drive growth. Through our collaboration, we have established a high-quality and transparent underwriting process that is already well developed. Together, we continue to further adopt SCOR Digital Solution’s platform to suit the Nordic market, and we are very pleased with how the partnership has begun.”

Fredrik Lannsjö, Head of Nordics at SCOR L&H, adds: “At SCOR, we always value the opportunity to grow together with our clients. By working closely in partnership, we can create more efficient processes and drive business development that benefits all parties. Our collaboration with Aktia is a great example of how we can jointly deliver innovative solutions that enhance the customer experience and future-proof our operations.”

We thank the Aktia Life Insurance teams for their collaboration and commitment throughout this journey. Together, we are shaping the future of digital underwriting in the Nordic market.

About Aktia Life Insurance Ltd                
As part of the Aktia Group, Aktia Life Insurance Ltd is a company responsible for the production of customer friendly life insurance solutions. Aktia Life Insurance Ltd has a long and extensive experience of life insurance activities in Finland. The company has approximately 100,000 private and corporate customers and several partners in the finance sector. They currently employ about 70 people.

About the Aktia Group
Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 850 people around Finland. Aktia's gross assets under management (AuM) on 30 June 2025 amounted to EUR 15.9 billion, and the balance sheet total was EUR 12.2 billion. Aktia's shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com

About SCOR Digital Solutions
SCOR Digital Solutions is SCOR Life & Health’s digital solutions platform. Drawing on strong technological foundations, it combines SCOR’s industry-recognized expertise and data capabilities to help our clients navigate through and capitalize on the future of automated underwriting and claims solutions, maximizing market potential globally, driving better financial and operational performance, and delivering the best possible customer experience. SCOR Digital Solutions | SCOR

For more information or partnership inquiries, please contact us at contact@scordigitalsolutions.com