Email: Password:
Forgot Password

News Archive

Back to List Back to list
Previous Article Next Article

Launch of new broking platform

14 Jul 2017

Insurance brokers in New Zealand this week got their first look at a new broking platform from UK based insurance software company SSP, claimed to be a complete solution for the digital age. The move follows SSP completing migration of its hosting for New Zealand customers from the UK to Australia and the announcement of the new software in the UK in June.

SSP’s chief technology officer, visiting Auckland for the launch, told Computerworld NZ that the company has about 50 broking customers and a number of insurers in New Zealand using its software. He said New Zealand was the company’s main market outside the UK.

“We are creating a digital insurance platform that gives brokers the capability to do self service to their customers; quote and buy if they wish and centralised generation of digital content: documents, emails, SMS social media feeds.”

He said first customer for the new platform would go live in the UK in September and it would be delivered to New Zealand customers from early 2018.

Gaut said SSP had acquired a number of other insurance software companies over the years and the new product represented a combination of the functionality of these. “We have an insurance platform that has gone live in the UK with a couple of our customers, a large insurer and another broking organisers that delivers a supermarket’s insurance brand through the platform. We have taken components of that and created a broker variant, SSP Broking.”

According to SSP the product brings together its 30 plus years of experience in specialist broking technology with components from best-of-breed third party providers. “SSP Broking works for all brokers in all channels, which is a key differentiator in an area where SSP has seen its competitors fragment and focus on opposite ends of the market,” SSP claims.

It says SSP Broking comprises: a core broking technology platform that processes over £5bn ($NZ8.9b) worth of premiums and over a billion quotes annually; an intuitive user experience platform proven across the financial services sector; a workflow management system to help optimise business processes; the SSP Intelligent Quotes Hub centralised product rating, pricing and quotation solution; a best-of-breed communications module for complete control of all customer communications.

SSP entered the New Zealand market in 2006 by acquiring Sirius Datasure, a company that had its origins in Multipac, launched in 1983 and that became the most popular policy and accounts software package for New Zealand insurance brokers.

 

 - Computerworld New Zealand

Previous Article Next Article

 

Professional IQ

Professional IQ College

Workshops, Online courses, webinars and Qualifications. For upcoming events         click here


Latest Papers:

Closing the Gap - Insuring your business against evolving cyber threats

iNavigator iNavigator Media Center
Provides access to a wide range of industry related media resources


Covernote Cover Note
IBANZ quarterly magazine for the latest on the intermediated insurance market.


Gary's Blog Gary's Blog
Comment on current issues.




© Copyright IBANZ, all rights reserved. Private information collected for this website is governed by our Privacy Policy. Read our Terms & Conditions
Powered by streamSWEET CMS