Establishing TIA Technology A/S
In 1996, 3 members of the original task force, Peter Schrøder, Hans Agerlin Petersen and Lars Lorentzen, decided on a management buyout of the solution from the insurance company and established the company TIA Technology A/S. All 3 founders are still with TIA today where they continue to support the development of the TIA Solution.
This three man, 9 customers company grew rapidly and by 2007 had grown to 25 employees and 37 customers. At this point, fresh capital from a private equity firm, Dansk Kapitalanlæg, opened new avenues of growth.
20 years of organic growth
What began as an innovative solution by three farsighted colleagues in a major Nordic insurance company to assist in administering insurance policies, has grown over the years. This group of early adopters of the TIA Solution has grown into a community of over 50 insurance companies spanning the globe and registering more than 30,000 daily users.