In a significant development for the insurance sector, Just has announced its partnership with Sapiens International Corporation N.V. to utilize Sapiens’ Insurance Platform for Life & Pensions. This collaboration, revealed on March 17, 2026, aims to modernize Just’s systems and support its growth in the UK retirement market.
Just has managed over £27 billion of customers’ retirement savings and has facilitated the release of more than £7 billion from properties for its clients. The integration of Sapiens’ platform is expected to enhance Just’s operational efficiency, allowing for better customer onboarding and seamless integration with third-party partners.
Tom Evans, Managing Director Retail at Just, emphasized the importance of this partnership, stating, “Sapiens’ solutions allow us to onboard new customers efficiently, integrate seamlessly with third-party partners, digitise the customer experience, and support our continued innovation of new products and services.” This strategic move is part of Just’s broader objective to sustain growth in the competitive retirement market.
In a related development, Oaktree Capital Management has announced its acquisition of a controlling stake in Atlantic Coast Life Insurance Company. This acquisition is part of Oaktree’s strategy to invest in insurance companies during periods of market dislocation or transition. Patrick C. George, senior vice president of global opportunities at Oaktree, remarked, “Our planned acquisition of Atlantic Coast Life is the latest in a series of insurance investments where we partner with companies during a period of market dislocation or transition.” Oaktree currently manages total assets of approximately £223 billion.
Additionally, The Institutes have launched the Associates in Insurance AI (AIAI) designation, aimed at equipping insurance professionals with practical skills in artificial intelligence. The program includes courses on AI fundamentals and enhancing the insurance value chain with AI, with access to online courses lasting 12 months. Adam Carmichael, president of The Institutes Knowledge Group, noted, “AI can certainly help bring about efficiencies across the insurance value chain, but we also want to make sure that it does not do things like introduce unintentional bias or create data privacy risks.”
These developments reflect a broader trend in the insurance industry towards modernization and the integration of technology to improve customer experience and operational efficiency.
