Insurance, healthcare, and technology group establishes new Mayfair London HQ

Insurance, healthcare, and pension fund technology specialist, Alula Technologies, has confirmed that it has established headquarters in London at Devonshire House, 1 Mayfair Place.

The business is backed by ROX Equity Partners, who began the creation of the group in July 2022 and followed it with the acquisition of SilverBridge and subsequently the HealthCloud platform later in the year (both South Africa based).

That was followed in 2023 by the acquisition of Ovation, the employee benefits platform and Let’s Compare, a comparative insurance quoting portal. Alula aims to transform the insurance, pension fund and healthcare industries with technologies that enhance the way businesses understand and service their customers.

Alula Technologies CEO, Lee Kuyper, commented: “Alula Technologies is a global technology group, providing clients in the insurance, healthcare and pension fund industries with technologies to help them better understand risk and improve customer experiences.

“We integrate rich data insights with modern technologies to unlock efficiencies and drive better decision-making. As we continue to establish and enhance our presence in various markets, we also aim to add significant value to the financial services industry in the UK.

“By locating in the heart of London, we are ideally positioned to create and develop relationships with our key stakeholders in the UK and across the globe, as we expand our offering.’

Alula provides one-to-many connections into the ecosystems of health, financial and other consumer data gathered from external data sets, providing a 360-degree view of the consumer enabling unique risk insights for product development, onboarding and engagement.

It also provides modular solutions that can be integrated into existing systems without complete replacement, offers data commercialisation strategies and has multi-language capabilities.

Lee concluded: “Our success has been achieved through adopting a partner mindset, delivering value to our clients through ROI to their bottom line. We have been offering our world-class technology solutions to the financial services industry since 1995, with over 60 clients spanning 16 countries.

“With operations here in the UK, Southern Africa and the UAE, we have the experience to understand challenges our clients face in regions across the world. Our approach is to improve our clients’ business by embracing digital transformation to make various areas of the business more productive and aligned towards competing in a digital world.”

By Matthew Neville – Senior Correspondent, Bdaily

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