SSP, a leading global provider of general insurance technology solutions, has had a bumper 12 months, signing up eight new clients and receiving significant praise in the recently published Celent reports on policy administration systems.
The reports rated SSP’s core insurance products (SSP Pure and SSP Select Insurance) in terms of technology and functionality, stating that: “Any insurer with a complex modernisation requirement would do well to consider SSP Select Insurance.”
SSP has invested heavily in developing its innovative SSP Select Insurance product to support the need for insurers to become more agile through digitalisation of their operations, improving customer experience and realising efficiencies. This has been recognised by insurers selecting SSP solutions and the Celent rankings.
SSP Pure Insurance’s technology ranking reflected its status as a more mature platform. The stability associated with this makes it a very popular product with SSP’s customers, as does the amount of functionality provided. This functionality was recognised by Celent, which described the product as “modern” and said that the continued investment from SSP was evident in the feedback and technology modernisation. In addition, with clients across Africa, Asia-Pacific and in Europe, SSP Pure Insurance is “clearly flexible and suited to multiple markets”.
Stephen Lathrope, Managing Director of SSP’s Insurer Division, said “The growth in SSP’s customer base and positive Celent rankings reflect our commitment to continuously enhance our solutions, and provide insurers with the tools and solutions they need to enable future growth and innovation. With Celent also ranking SSP against its peers in terms of the service provided, based on customer interviews, the positive feedback provided demonstrates the confidence insurers have in the solutions we provide.”
These new business wins for SSP Insurer Division are in addition to new client contracts and customer upgrades in both SSP’s Broker Division and Financial Services Division. SSP has also recently announced a number of insurers, such as Covéa and Sabre, signing up for their whole-of-market telematics solution.