SSP, a leading global provider of insurance technology systems, has partnered with Ravenswood IT (RWITL), a leading independent general insurance software specialist, to enable insurers to accelerate their technology upgrade programs.
This partnership with RWITL provides a flexible resource pool of project management and business consulting expertise to facilitate timely and quality implementation of SSP’s Pure Insurance technology system.
SSP software solutions are flexible end-to-end core insurance systems for all lines of business, providing a modern platform in a single solution including modules such as policy administration, claims management, full life cycle policy management and product development.
In addition to providing resource expertise, RWITL provides exclusive components as part of its Digital Insurance Fulfilment suite such as user experience, product definition, enterprise integration, data migration and management information.
Paul Miller, Head of Territory (Asia Pacific) at SSP said: "Our exciting strategic partnership with RWITL demonstrates SSP's commitment to providing innovative digital solutions at an accelerated pace.
"With costly and inflexible legacy systems proving a real constraint on the industry, quicker implementation enables insurers to be truly competitive in their markets and achieve ongoing growth," Mr Miller said.
Paul Williamson, Asia Pacific Managing Director at Ravenswood IT said: “We are pleased to form a strategic partnership with SSP. The partnership with SSP is an integral part of the strategic cooperation with software vendors. Combining RWITL’s implementation expertise with SSP’s PURE product offerings will provide effective low-cost implementation services with modern fully functioning insurance software solutions.”
SSP has based its model on using best of breed component providers such as Temenos, to provide customers with quality system implementation and operation. This model saves insurers from trying to source and manage all the system implementation components separately, leaving them to concentrate on what they do best - serving their customers with insurance.
Over the last two years, SSP has implemented SSP Pure Insurance for eight new customers in Australia/New Zealand, including Capricorn, CBL, RACTI and ANDO. RWITL has successfully implemented nine SSP Pure and Sirius for Insurance sites over the last nine years. This partnership will facilitate the implementation of future customer projects.