Newly founded New Zealand-based Ando Insurance Group has appointed SSP, the leading global provider of insurance technology systems, to implement its Pure Insurance solution.
SSP Pure Insurance is an easily implemented, flexible, end-to-end core insurance system solution, providing all the key components needed to manage an insurance operation, including policy administration, product development, claims management, finance, reinsurance and co-insurance as well as inbuilt document management, task management and business analytics.
Ando provides multi-lines insurance, challenging the traditional insurance company model with a new, simplified business approach, based on customer-centric technology, smart processes and an experienced team.
Created by former Lumley CEO John Lyon and a group of partners, and in conjunction with The Hollard Insurance Company Pty Ltd, Ando has the ability to simplify and streamline business for brokers and other partners to achieve greater efficiency and improved customer experience.
Paul Miller, SSP general manager, Asia Pacific, said SSP Pure Insurance will provide Ando with a modernised platform in line with its innovative and entrepreneurial business model.
“We are particularly excited to work on this project with Ando, which, as a new disruptive insurance company, complements SSP’s technology well,” Mr Miller said.
Ando COO, Dean Edwards, said being agile and focused, and without any legacy baggage, meant Ando was uniquely placed to take advantage of emerging trends in the industry, such as disruption to the traditional insurance value chain, and new distribution channels.
“SSP Pure Insurance equips us with the agility and flexibility to launch innovative and attractive personal and commercial products into the NZ market,” Mr Edwards said.
“As a fully scalable, web-enabled solution that can manage the entire business lifecycle from a single platform, SSP Pure Insurance aligns well with Ando’s disruptive business model,” Mr Edwards said.