Old Mutual stays ahead of the market with SSP’s insurance platform
SSP is delighted to announce that Old Mutual, the largest insurer in the Zimbabwean territory, will be extending its long-standing relationship of over 26 years and upgrading to the new SSP Insurance Platform.
Old Mutual evaluated the market prior to making its selection to ensure that any new application would provide the right level of support for its digital transformation programme. Of particular importance was the ability to seamlessly integrate with third party providers to ensure that its customers were able to receive the best possible service.
The SSP Insurance Platform was chosen as it is a cloud hosted solution and will ultimately allow complete self-sufficiency when building new insurance products. Old Mutual will soon be developing its own products with minimal assistance from SSP giving them the speed to market and agility that are so important in today’s market. As the solution is hosted within the Amazon Web Services cloud, it also benefits from the highest levels of reliability and security.
Fungura Shepherd, Managing Director for Old Mutual Insurance commented: “Old Mutual had carried out a strong evaluation to ensure the software solution we chose provided all the features required by the business – and more. The SSP Insurance Platform does that for us, we are now excited to progress and grow the business further using the system, building multiple high-quality products, including Motor and Household, which will benefit the market greatly.”
Old Mutual strives to continue to drive growth within the Zimbabwean market, with business value to provide and partake in agile innovation that makes a difference. This joint venture is in full support of this ethos, deploying an economical and contemporary solution which transforms a historic approach.
Leslie Muthen, African Territory Head at SSP said: “With Old Mutual having been customers of SSP for many years now, it is inspiring to see that we are developing and becoming more digitally intuitive alongside them. The SSP Insurance Platform will provide a feature-packed system, offering innovative functions to allow for the development and launch of exciting new products into new markets. The solution will also be hosted within the Amazon Web Services cloud, befitting from its robust and reliable infrastructure and services.”
Authored by SSP
The SSP Difference:
As the leading global supplier of technology systems and software for the insurance industry, our role is to help insurers and brokers operate more efficient businesses.
We achieve this in a number of ways, so whether you are looking for a world-class policy administration system or innovative, market-leading tools for rating and combatting application fraud, we’ve got it covered.
With a highly motivated, experienced and talented workforce, we’ve been shaping the face of insurance technology for well over 30 years. We pride ourselves on developing enduring and successful relationships with our customers, and our solutions underpin some of the most well-known and respected insurance organisations worldwide, such as Legal & General, Direct Line Group, Endsleigh Insurance Services and Zurich.
As a business, we continually strive to be the best we can be and we are committed to helping our customers achieve the same. Our commitment to innovation and customer service means that as markets change and insurance businesses become more agile, so do we and so do our solutions.
So, whether you’re a global insurer or an MGA, a high street broker or a start-up with a smart new idea, we can be trusted to support you on your journey, whatever the destination.
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