Quinity and Actuera to continue under joint international ownership: Keylane

Starting today, software specialists Actuera and Quinity are combining their
strengths in a joint group with the new name of Keylane. This represents the
next step in the international growth ambitions of both companies, namely to
become one of the leading players in Europe with flexible standard software
for the core processes of the insurance and pension sector. The two
companies will, however, continue operating in the Dutch market under their
own name.

“Actuera and Quinity complement each other very well and have the same
customer-focused vision. This further integration will enable us to secure a
solid position in the European market more quickly. Keylane is our roadmap
for achieving this ambition”, says Ralf Timmer, CEO of Quinity.

Quinity supplies standard software for insurance companies and is market
leader in the Netherlands. This company set itself apart with its solid software
platform, exceptionally high level of customer satisfaction, and a strong
implementation track record.

Actuera is also market leader in the Netherlands, but in the area of software
for pension funds and third-party administrators. Ronald Kasteel, CEO of
Actuera, comments, “We both consider the customer’s customer to then
implement the most efficient solution. We work with proven standard software
developed in-house, which enables us to provide our clients with significant
efficiency advantages and allows them to introduce modern pension products
into the market more quickly. That has always been important, but the
pension market is more dynamic today than ever before.”

Waterland Private Equity (Waterland), a private equity company from
Bussum, has a majority interest in both Actuera and Quinity, and supports
accelerated growth through the use of its own international network and
financial strength. Keylane will give further shape to the company’s
international strategy through autonomous growth and, when relevant,

Ronald Kasteel, Jan van Reenen and Ralf Timmer together form the Board of
Directors of Keylane.