Liferay, a provider of open source web portal, has announced that it is providing a new online pension portal for Germany's HanseMerkur24 Life Insurance.

The HanseMerkur’s website will offer a guaranteed state promoted private-pension program in Germany with the lower contribution. Liferay Portal was selected for its scalability and high availability, which allows the RiesterMeister site to handle over 50,000 page impressions at peak time.

Horst Karaschewski, head of R&D at HanseMerkur, said: We have not had any downtime or other performance issues. I am thankful to Liferay for the product and for their fantastic professional services team that helped with end-to-end development.