Ansvar contracts for new Digital Core Insurance Platform
Leading specialists in risk management and insurance solutions in the Care, Community, Faith, Education and Heritage sectors, Ansvar Insurance, has contracted with SSP for an “as a service” platform to run its core business.
Ansvar is upgrading from SSP’s Insure/ 90 platform to SSP’s new cloud-based insurance platform, SSP Digital Insurance.
SSP Digital Insurance is a browser-based platform, incorporating a suite of market-leading products, for insurers to manage their clients, policies, billing and claims.
The different components within the SSP platform include product development, pricing, policy administration, claims and advanced multi-channel user experience capabilities.
With pre-integrated components, the implementation time of the digital insurance platform is significantly reduced compared with more traditional solutions. Ansvar is aiming for their initial implementation to be complete by the end of 2019.
Building on the flexibility of the platform, the ANSVAR implementation will also include integration with the popular Sunrise broker exchange.
Paul Miller, General Manager APAC at SSP said: “We are pleased Ansvar has selected SSP as its partner to modernise its insurance offerings, upgrading from SSP’s i90 platform. Ansvar is SSP’s third Australian customer to select our digital insurance platform in the past 12 months. Insurers are increasingly looking for more agility and digital capabilities in their products, so they can respond rapidly to changing market conditions. SSP’s digital platform can be easily configured, which reduces the time and effort required to release new products and pricing changes.”
Warren Hutcheon, CEO of Ansvar said: “SSP Digital Insurance is a world class offering and fits well with our business. The digital capabilities of the platform will make it easier to do business with Ansvar, especially for Brokers. Key to our selection of SSP, was the strength of their local team and the alignment and understanding of our business.”
The SSP Digital Insurance platform is implemented, hosted and managed by SSP, a model that drives a low upfront investment, along with flexible and low cost of ownership.