In its quest to become a recognized leader and preferred provider of insurance services in Africa, Resolution Insurance Kenya has picked a global leader in insurance technology, SSP Pure Insurance to provide a new, robust and flexible IT system.
Resolution Insurance is an insurance cover brand for individuals and businesses in Kenya renown for innovative products such as HIV/AIDS and maternity covers.
The company will deploy SSP as a single, flexible, end-to-end core insurance solution across its operations in Kenya and Tanzania, where it recently expanded to following private equity investment, with local account management support from the Resolution Insurance Kenya office.
“We are targeting 100 per cent growth in Gross Written Premium (GWP) over the next five years. Although we originally launched as a healthcare insurer, general insurance will play a vital role in our growth plans by becoming the biggest element of the group, contributing around 60 percent of our GWP,” said Maryanne Mugo, Managing Director, Resolution Insurance, Tanzania.
This requires a proven, functionality-rich software platform designed for the short term insurance market which SSP Pure Insurance delivers.
SSP helps insurers to increase their profitability by providing general insurance and IFA software with an unrivalled view of the market. It has more than three decades experience providing solutions in the African insurance market.
It will provide Resolution with self-sufficiency and ability to deliver new products and schemes to meet its customers’ needs; and web-based portals that make it easier for brokers and consumers to do business with the insurer.
Steve Lathrope, Group Managing Director at SSP expressed his pleasure to be working with Resolution Insurance which shares SSP Pure Insurance’s commitment to delivering innovative and quality solutions to the industry.