Folksam Tech Stack

Nordic insurance leader modernizing legacy mainframe and claims infrastructure

Insurance Stockholm 1,001–5,000 employees Founded 1908 Partnership

Folksam is Sweden's largest insurer by market penetration, with ~3,900 employees and customer ownership. The tech stack reveals a company mid-migration from COBOL/IBM Z/CICS mainframe systems toward cloud-native infrastructure (Azure, Kubernetes, OpenShift, Kafka). Active projects span platform consolidation (idit migration), claims digitization, and finance transformation—a pattern typical of large financial institutions shedding legacy monoliths. The hiring surge in engineering (8 roles) and adoption of Kafka signal acceleration in building cloud-based, event-driven systems to replace Pega Cloud.

Tech Stack 39 technologies

Core StackLinux OpenShift .NET SQL Server React JavaScript Azure DevOps Java Kafka NGINX Crossplane Kubernetes GitLab ArgoCD AWS COBOL IBM Z CICS DB2 SQL Azure ITIL CSS SCSS HTML Spring Boot Red Hat Pega GCP Adobe Campaign+6 more

AdoptingKafka Adobe Experience Cloud

ReplacingPega Cloud

What Folksam Is Building

◆Challenges

Migrating legacy system to cloud
Migrating legacy mainframe to new platform
Maintaining legacy system
Effective data governance implementation
Transformation of finance function
Migrating insurance systems
Migrating to new technologies
Digitalizing claims processing
Automation of claims processing
Requirements analysis process improvement

▲Active Projects

Migrating to idit platform
Developing new insurance solutions
Migrating lumera to azure
Enhancing lumera integration processes
Transformation of finance function
Development of data catalog
System migration projects
Digital claims processing platform
Automation of claims processing
Integration with internal and external systems

Hiring Activity

Accelerating20 roles · 10 in 30d

Department

Engineering

Construction

Data

Ops

Sales

Actuarial

Finance

Insurance

Seniority

Senior

Mid

Junior

Manager

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About Folksam

Folksam is a customer-owned insurance mutual founded in 1908 and headquartered in Stockholm. The company provides insurance products, pension savings, and investment management services across Sweden, with nearly half of Swedish adults holding Folksam policies. As one of Sweden's largest capital managers, Folksam also invests in traffic safety research and sustainability initiatives. The organization operates through multiple subsidiaries and serves clients both directly and through employer-sponsored pension programs, making it a complex, multi-product financial services platform.

HeadquartersStockholm

Company Size1,001–5,000 employees

Founded1908

Hiring MarketsSweden

Frequently Asked Questions

What tech stack does Folksam use?

Folksam's core systems run on COBOL, IBM Z mainframes, and CICS, alongside modern cloud (Azure, AWS, GCP), Kubernetes, and React frontends. Adopting Adobe Experience Cloud and Kafka; replacing Pega Cloud.

What is Folksam working on?

Key projects include migration to an idit platform, claims digitization and automation, migrating Lumera systems to Azure, developing a data catalog, and transformation of the finance function.