cleversoft expands into APAC through Strategic Partnership with APACINSURTECH LTD
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cleversoft expands into APAC through Strategic Partnership with APACINSURTECH LTD

Munich, April 14, 2026 – The cleversoft group, the leading provider of cloud-based RegTech services for financial service providers, today announced a strategic reseller partnership with APACINSURTECH LTD, a Hong Kong based leading specialist in insurance digital transformation expanding cleversoft’s presence across the Asia Pacific region.

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The cleversoft group, the leading provider of cloud-based RegTech services for financial service providers, today announced a strategic reseller partnership with APACINSURTECH LTD, a Hong Kong based leading specialist in insurance digital transformation expanding cleversoft’s presence across the Asia Pacific region.

Under the agreement, APACINSURTECH LTD will resell and support cleversoft’s cloud native IFRS 17 Reporting Service across APAC. While the largest APAC markets such as Hong Kong, Japan and Singapore have already transitioned in 2023, several jurisdictions, such as India, Indonesia, Thailand, the Philippines and Taiwan, remain in active regulatory transition, creating continued demand for robust, scalable reporting solutions. 

cleversoft’s IFRS 17 Reporting Service is a modern and scalable SaaS solution deployed on Microsoft Azure, supporting the General Measurement Model (GMM), the Premium Allocation Approach (PAA) and the Variable Fee Approach (VFA) methodologies. It enables insurance companies to achieve regulatory compliance through a proven technology and framework, while reducing operational complexity and improving data quality.  As cleversoft’s regional partner, APACINSURTECH LTD will lead sales, distribution and local support, combining local market expertise with cleversoft’s established IFRS 17 Reporting Service.  

“APAC is one of the most active IFRS 17 implementation environments in the world right now. This partnership puts the right solution in front of the insurers who need it most – at exactly the right moment. APACINSURTECH LTD’s strong market knowledge and commitment to delivering high-quality solutions make an ideal partner”, said Erwin van Dixhoorn, Managing Director, cleversoft supervisory reporting.  

Peter Haslebacher, CEO of APACINSURTECH LTD, added: “cleversoft’s IFRS 17 Reporting Service, with integrated actuarial modeling, is particularly valuable for insurers still implementing IFRS 17 or looking for a cost-effective alternative to manual or temporary interim solutions. cleversoft brings two critical functions together in a single platform.” 

The partnership is effective immediately, with additional solution offerings expected to follow. 

About APACINSURTECH LTD 

APACINSURTECH, headquartered in Hong Kong, serves as cleversoft’s reseller partner across the Asia-Pacific region. Leveraging its extensive local expert network, the company supports major APAC markets with a full-service offering – from planning through go-live – alongside first-level operational support.