Lion of Africa extends relationship with SSP to support next phase of growth

SSP, a leading global provider of insurance technology, has today announced that it has extended its relationship with the Lion of Africa Insurance Company under the terms of a new five-year contract.

To ensure that it stays at the forefront of the rapidly changing insurance market and to support its ambitious growth strategy, Lion of Africa will upgrade to SSP's latest insurance administration solution, providing it with a modern, flexible, web-enabled solution that will allow the company to bring new products to market more rapidly and cost-effectively than ever before.

In addition to providing Lion of Africa with a greater ability to deliver new products and innovative services to customers, partners and brokers via the web, the solution will also ensure that it remains compliant with important initiatives like Solvency Assessment and Management (SAM). At the same time, the new solution will support the company's continued growth and diversification into new markets and distribution channels.

"We have a great relationship with SSP and the support and services they have provided are excellent. Over the last few years they have become a key business partner and with their knowledge and experience we are confident that SSP is better placed than any other provider to take Lion of Africa forward into our next phase of growth," says Adam Samie, Chief Executive Officer, Lion of Africa. "With new products and new distribution channels key to this growth, it is essential that we have the capability to build and amend products in-house and then get them to market quickly via multiple channels. The extension of our relationship with SSP will enable this and provide us with a great platform to develop our service offering to our customers, brokers and partners via the web."

"We have enjoyed a long partnership with Lion of Africa and are very pleased to have been selected to supply them with their next generation insurance administration solution. It's an exciting time for Lion of Africa as it enters the next phase of its growth and this is the perfect solution for it as it provides the agility and scalability to support all of their key business objectives, both now and in the future," says Rhys Collins, Head of African Operations at SSP. "With consumers and brokers becoming more demanding and the insurance market continuing to change rapidly, the ability to respond quickly to customer needs is a key priority for insurance companies.

The decision to extend their relationship with SSP will give Lion of Africa the tools they need to maintain a competitive edge, allowing it to access additional distribution channels and bring new products to market quickly.

We look forward to working closely with Lion of Africa for many years to come and supporting their future success."