Storebrand selects Keylane for P&C core modernization

Norwegian insurer Storebrand has signed a ten-year agreement with insurance software provider Keylane to move more than one million policies across approximately 60 property and casualty products onto its Axon platform.

Once fully deployed, Axon will support quoting, policy administration and financial handling. Storebrand selected Keylane following a competitive process involving international and local providers, citing its insurance expertise and the platform’s configuration capabilities.

The agreement expands Keylane’s presence in Norway, where Axon is already used by another insurer. Keylane says it has completed more than 25 P&C migrations involving over 15 million policies.

Axon’s architecture and APIs are also designed to support AI integration using policy and product data. Keylane’s recently launched Automate platform offers tools for governed, auditable AI workflows, although the announcement did not specify whether Storebrand will adopt it.