Lumera acquires Acuity to scale life and pensions services

By Vriti Gothi

Lumera, an InsurTech focused on digital transformation in the life and pensions sector, has agreed to acquire Acuity as part of a strategy to strengthen its footprint in the UK market and expand its capabilities in public sector pensions.

Acuity specialises in complex pensions and workforce reforms for public sector schemes. It works with some of the UK’s largest pension programmes, including the NHS and Civil Service Pension Schemes, as well as central government departments. The acquisition adds policy, programme delivery, and behavioural insight expertise to Lumera’s UK operations at a time when public sector pension schemes are facing growing regulatory complexity, technological modernisation pressures, and member engagement challenges.

Lumera said the transaction aligns with its broader ambition to build scale in strategically important markets while deepening its advisory and technology-led services for life and pensions providers. By combining Acuity’s consulting and programme management experience with Lumera’s digital platforms, the group aims to support large schemes navigating reform, administration modernisation and communications with members.]

“Joining forces with Acuity adds major new clients and capabilities, in line with our strategy to strengthen our foothold in strategically important sectors in key markets,” says Jonas Alfredson, CEO, Lumera Group. “Combining their proven expertise across health, central government and other public sector bodies, with our technology prowess will create new opportunities for further growth in the UK, enhance our client offering, help attract more clients, while reinforcing our commitment to being a trusted advisor to some of the biggest Life and Pensions providers across Europe.”

Acuity’s work spans change management programmes and evidence-led communications for public sector clients, with a focus on improving outcomes for pension schemes and their members. The firm’s integration is expected to broaden Lumera’s ability to support large-scale transformation projects that sit at the intersection of policy, technology and member behaviour.

Following the acquisition, Acuity will be integrated into Lumera’s UK organisation, taking the local workforce to around 165 employees. Financial terms of the deal were not disclosed.