Press Release

Morten Steiner appointed new CEO of Insurance Business Applications (IBA)

12th May 2022


Morten Steiner appointed new CEO of Insurance Business Applications (IBA)

IBA today announces that Morten Steiner has been appointed as CEO of IBA with immediate effect. He succeeds Michael Koehn Milland, who continues as an investor.

Since January 2019, Morten served as CIO of PFA Pension, Denmark. Morten has significant experience within the insurance industry and is endorsed for his insurance technology knowledge, following his more than 25 years within the consultancy and software industry, including positions as partner in Accenture, as well as senior executive positions and CEO roles at TIA Technology, Avanade, and Edlund A/S.

I am pleased to welcome Morten to IBA as CEO. Morten will, along with the strong management team we have in place, be a vital part of strengthening our strategic focus on landing new customers & expanding existing across the world. We experience that one  of the biggest issues for many insurers and MGAs is lack of speed-to-value creation when it comes to launch of new products, partnerships and business models. The combination of IBSuite’s strong technological and functional rich platform, the IBA team and Mortens Industry insight and proven leadership will enable IBA to deliver exactly this to the market – fulfilling the need to accelerate digitalization and speed to market” said Niels Mortensen, Chairman, IBA.

I would also like to thank Michael, who has done a tremendous effort leading IBSuite to be a front runner in the world of cloud-native insurance platform. Michaels leadership has been instrumental for the success of IBA for more than 5 years. We wish him all the best in his future endeavors.”

For more information visit: www.ibapplications.com

IBA at social media: LinkedIn | Facebook



Karina Buch, karina.buch@ibapplications.com


About IBA

IBA provides a proven end-2-end core platform that takes care of the insurers immediate need to liberate themselves from the rigid and inefficient legacy technology, avoid building technical debt, stay current and compliant and be able to launch new products and business models fast. IBA has standardized its platform to work across languages, currencies, and different cultures, where integration is simple and easy and never a matter of hard-coding. IBSuite doesn’t stand in the way of integrating to the many developing ecosystems and Insurtech companies. IBSuite promotes any future development.

Founded originally in Denmark and with offices around the World, IBA is a true believer in being a global citizen with local presence.