Overview

SSP Pure Insurance is highly configurable to fit with your business. What's more, you can configure things yourself. You don’t need to rely on SSP or in-house IT specialists to create your bespoke system.

This self-sufficiency delivers greater agility & lower costs because working with SSP Pure Insurance enables you to bring new products to market more quickly & cheaply than ever before. The inherent workload delivers streamlined administration.

This solution can be deployed through tailored portals & capability for different user communities… all underpinned by the wealth of functionality on offer. This enhances the service provided by insurers, whilst reducing the cost of administration & support.

SSP Pure Insurance is based on the latest Microsoft technology (.Net 3.5), making it robust, scalable & future-proof. This means its ideal for both start-ups & established businesses whose legacy systems are holding them back.

Better still, SSP Pure Insurance never stands still. We have a ‘roadmap’ of planned future developments & upgrades are taken care of quickly & easily… without you losing any of the work you’ve done yourself.

Our roadmap is influenced by the extensive community of insurance organisations, across the globe, that rely on SSP Pure Insurance as their core platform. With over 50 deployments, SSP Pure Insurance can rightly claim to be one of the market leaders.

SSP Pure Insurance can be delivered as a SaaS hosted solution – capitalising on the extensive investment in an SSP owned, dedicated hosting centre. This means that clients needn’t worry about infrastructure. They can then focus on business opportunities rather than the challenges of operating IT.

SSP Pure Insurance key benefits according to user groups include:

• Not on a mainframe
• .net architecture
• “Out of the box” system
• Low entry cost
• Completeness
• Speed to market for new products
• Reduced reliance on IT specialists
• Future-proof
• Highly configurable
• User interface structure

“SSP Pure Insurance gives us far greater agility whilst reducing our operating costs & simplifying our infrastructure.”
(A top 10 Australian Insurer)

SSP Pure Insurance Web Services

The SSP Pure Insurance SOA Web Service Layer exposes all key functionality for insurers. This enables insurers to have straight-through processing from broker systems (or any external messaging) for personal & commercial lines business.

SSP Pure Insurance has empowered insurers to achieve ‘over 60% straight through processing’ for transactions. This is achieved through SSP Pure Insurance SOA Web Services which facilitates controlled interaction between the outside world & SSP Pure Insurance functionality.

The Web Service Layer validates data on the way in & equally rejects data that fails the validation for any reason. This reassures the insurer that the data integrity is maintained at all times. It also reduces any testing to a fraction of the normal time associated with legacy systems.

Published standard web services can be called which removes the need to bespoke development for systems integration. The Web Service Layer is fully documented, again supporting SSP’s ethos of ‘self-sufficiency’ & ‘agility’. The insurer can use the services as, & when, they require.

SSP provides a Data Transfer Utility tool that populates SSP Pure Insurance via the Web Service Layer. This validates the data on the way in… reducing risk & cost due to the upfront data validation & reduced testing overhead.

“80% by volume, 50% by GWP of our business is now transacted through the web & goes straight into SSP Pure Insurance without manual intervention.” (A significant UK insurer)

SSP Pure Insurance Portals

Tailored web portals for Staff Users, Brokers, TPA’s, Claims Service Providers & Consumers -reflecting the different characteristics, requirements & skill set of each user type.

SSP Pure Insurance is tailored web portals offer highly customisable user interfaces, promoting ‘self-sufficiency’ & ‘agility.’ Quite simply, they make doing business online far easier with full control over the look & feel of what your user’s access daily.

Our portals enable you to devolve processing to your brokers & claims service providers- reducing costs & administration overheads, & enabling you to improve service to the customer.

The white labelling & branding options provide a different set of screens & imagery to your broker & TPA users… multiple portals are supported with ease.

SSP Pure Insurance is accessed simply through an ordinary web browser & you can use it from any global location that has a broadband connection. Streamline processing enables policies & claims to be completed rapidly & removes the processing steps you don’t need. It liberates you from being constrained by inflexible legacy technology!

You can manage your web traffic with a suite of workflow, usability & customer journey trackers-with full security management capability for all types of users… ensuring access to data is controlled as necessary.

“We have achieved a conversion rate of over 30% for policies transacted online.” (A major UK Bancassurer)

xBuilder Toolkit

User-friendly tools designed for use by business users rather than IT specialists, for building insurance products, enabling full ‘self-sufficiency’ & ‘agility’.

Rates & rules can be maintained & updated in multi-dimensional Excel spreadsheet tables for ease of use. Just import the changes into SSP Pure Insurance, when required & date effective & version-controlled changes are made automatically.

The ‘drag & drop’ intuitive screen designer makes interface changes easy & maintainable by business users as, & when, required. You also only have to configure products once for use across any channel to market (Call Centre, Consumer Internet, Broker Extranet.) This reduces maintenance overheads & provides consistency of approach.

Rates changes are possible every few minutes by using the ‘dynamic pricing’ facility, so you get more of the business you want & less of the business you don’t want.

Documents can be created & maintained by the customer using Microsoft Word & you can format them however you want. These can be branded separately for both internal or third party use. You can also embed condition statements & attach digital signatures as, & when, required.

Secure digital ‘green’ delivery of documents is supported with SSP Pure Insurance, saving money & providing better security than more traditional delivery means. You can also track when the customer has downloaded & printed the policy documents & automatically remind them when they haven’t – substantially reducing document-fulfilment costs.

“It would have taken over 6 months to get a product to market with our old legacy system. With SSP Pure Insurance we’ve managed to launch a brand new product in 2 weeks.” (A market leading SSP Pure Insurance client in Asia Pacific)

Management Information Systems

Key Underwriting, Claims & Finance Reports are available out of the box with SSP Pure Insurance so you don’t have to build them yourself… including Balance Sheet, Trial Balance, Income Statements, Aged Debtors & Earned/Unearned Premium reporting.

Reports can be easily exported to Excel, Word, PFF, HTML etc & emailed directly to the Customer, Broker, Reinsurer, Carrier & TPA – improving service & saving money. SSP Pure Insurance’s open architecture, together with fully documented data dictionary, means that management information can be extracted using all common reporting solutions, including the ones you use already. You can set your own key performance indicators & measure your performance against them through a web -based dashboard & staff, brokers, partners & suppliers can each have their own individual dashboard.

Data warehouse can host data from multiple environments other than SSP Pure Insurance, including General Ledger, CRM, Workflow & HR databases. The solution also provides an option for storage of legacy data, as part of data migration strategies. SSP Pure Insurance acts as a single source of the truth, so you can easily spot peaks & troughs in performance & identify early warning signs where further development or progress is needed.