Global insurance software provider SSP has won the right to replace Hobart-based RACT Insurance's legacy sotware platform.
RACT Insurance (RACTI) will implement SSP Pure Insurance and Dataract E5 Workflow to replace its existing legacy system which was developed internally by the company in the mid-1990s.
According to a company statement, this builds on a particularly strong year for SSP in Australasia.
Four out of eight new client wins this year have come from Australia and SSP now has 27 customers in Australia and New Zealand.
RACTI chief executive, Trent Sayers, said one of the reasons his company chose to work with SSP was because of the confidence gained from being part of a wider user community.
“On top of this, we expect to gain a number of significant advantages from the new system," he said.
"In addition to improved operational efficiency, the integration of, for example, our member system with a modern platform will enable us to deliver the flexibility and service that customers demand, both now and in the future.”
SSP managing director, Steve Lathrope, said the new platform would make it faster and easier for RACTI to add new functionality, respond to change and modify its processes in order to transform the business and deliver future growth.
SSP Pure Insurance is an end-to-end core insurance system for all lines of business, with modules including product development, policy administration and claims management.