SSP Establishes Strategic Partnership With NIIT Technologies to Drive Asian
SINGAPORE, November 11, 2013
SINGAPORE, November 11, 2013 /PRNewswire/ --
SSP, a leading global provider of general insurance technology solutions,
today announced that it has entered into an agreement with NIIT Technologies
Ltd. (NSE: NIITTECH), a leading global technology and professional service
delivery solutions organization. The relationship will see NIIT Technologies
provide the marketing sales support for SSP's best-of-breed core insurance
solutions across Asia.
With Asian insurance companies demonstrating a fast-growing appetite for next
generation insurance technologies to enable future growth and innovation, NIIT
will use its highly experienced sales and marketing professionals to help SSP
engage a larger customer base and support its expansion across Asia.
Since its inception, NIIT Technologies has provided knowledge-driven services
and enterprise solutions to insurers across Asia. By partnering with SSP, the
two companies will be able to provide a comprehensive set of insurance
technologies that enable insurers to achieve profitable growth by leveraging
underwriting and customer-led distribution capabilities and to realize
operating efficiencies and cost savings through the simplification of business
and IT operations.
Commenting on the partnership, Li-May Chew, Associate Director and Global
Insurance Analyst lead for IDC Financial Insights, stated: "The insurance
market is undergoing rapid change driven by consumer expectations, disruptive
technologies and regulation. Insurers are continuously looking for
opportunities to reduce risk and cost whilst seeking different ways to
generate further growth. In order to remain competitive, insurers across Asia
are increasingly focusing on the use of technology to help drive innovation
and efficiency, particularly when updating legacy systems, which is creating
immense opportunities for insurance solution providers."
Steve Lathrope, Managing Director, SSP Insurer Division, said: "We have
invested heavily to meet the significant growth opportunities across Asia and
are committed to growing our presence by delivering innovative insurance
solutions to insurers. This new relationship provides a great opportunity for
us to leverage our existing footprint and NIIT Technologies' extensive
knowledge to expand our business within this high-growth market. We look
forward to working closely with NIIT Technologies over the coming years."
Arvind Mehrotra, President - Asia Pacific NIIT Technologies, said: "SSP's
market leading insurance products and services will enable both companies to
benefit from the significant opportunities in the Asian market. This
partnership will help strengthen our existing presence in the market and
increase our footprint."
SSP is the global technology company with unrivalled expertise across the
entire general insurance supply chain - shaping a better industry. With the
greatest knowledge, talent and technology in our market, we bring value to
every client engagement.
• Knowledge: 25 years' experience
• Talent: 700+ of the most talented IT professionals
• Technology: The broadest range of capabilities
There is nobody better equipped to deliver business capabilities that improve
performance, facilitate greater distribution and enhance customer experience
for the best return. For more information please visit
About NIIT Technologies
NIIT Technologies is a leading IT solutions organization, servicing customers
in North America, Europe, Asia and Australia. It offers services in
Application Development and Maintenance, Managed Services, IP Asset or
Platform Solutions, and Business Process Outsourcing to organizations in the
Financial Services, Travel & Transportation, Manufacturing/Distribution,
Healthcare and Government sectors. The Company adheres to major global
benchmarks and standards, having secured the ISO 9001:2000 certifications and
the ISO: 27001 Information Security Management accreditation. NIIT
Technologies also follows global standards of development. It has been
assessed at Level 5 of SEI CMMi version 1.2. NIIT Technologies Business
Process Outsourcing conforms to the highest quality standards such as COPC and
Six Sigma. Its data centre operations are assessed at the international ISO
20000 IT management standards. For more information, please visit
For information about SSP, please call Dan Fletcher on +44(0)121-779-8334 /
+44(0)7920-078349 or email email@example.com .
For information about NIIT, please call Garima Saini on +91-120-7119030 or
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