For the Record: Ardonagh’s Australian M&A push; Axa in Co-op Bank tie-up; Rock diversifies with new MGA and SSP takeover gets FCA greenlight
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
SSP made an after tax loss of £115m in the 18 months to 30 September 2019 and breached its banking covenants in March 2020, the business has revealed ahead of its takeover by Canadian firm Constellation Software.
Users have expressed hope that SSP’s expected takeover by Canadian-listed Constellation Software will lead to investment in the technology company as it exits private equity ownership.
Qlaims has appointed Liz Latter as chief commercial officer following Mike Keating’s departure to take up the post of managing director of the Managing General Agents’ Association.
All insurance technology suppliers contacted by Post are confident their business continuity plans will maintain a full service for insurer and broker clients as the UK increasingly moves to remote working due to the ongoing Covid-19 crisis.
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…
Software house SSP expects to have finalised its restructuring consultation before Christmas.
Exclusive: UK General is close to launching its first personal lines product on a software house and is exploring its options for direct distribution.
SSP users are facing a fresh wave of issues this morning following problems with the platform on Friday.
Islands Insurance Group has left SSP for rival provider Open GI, after a fresh round of outages at the software platform.
My name is Stephanie Denton and I am a social media voyeur.
The outage to SSP servers that affected more than 300 brokers cost the software firm £289,000, according to company results.
The industry’s tech gurus gathered this afternoon for Post’s annual Digital Insurance Awards. The winners are listed below:
Legal & General has partnered with SSP to develop a quoting process which uses big data to provide customers with a home insurance quote in 90 seconds.
SSP has appointed Steve Lathrope as its CEO, replacing co-founder Laurence Walker in the role.
Technologies such as driverless cars, telematics and the connected home are changing the world of insurance, with the need for more modularisation of coverages, and components that can be used in different ways to suit particular niches and markets. Dean…
Post journalists have been recognised for their outstanding work in three categories at the British Insurance Brokers' Association Awards 2017.
Broking software provider SSP has launched a replacement product for its Pure platform.
Being a digital insurer isn’t about the aptitude but the attitude. This was the conclusion of a roundtable I chaired recently for Post, in conjunction with SSP.
At a time when regulation and taxes are weighing heavily on their operations, brokers find they have to adapt to the digital age. At a Post roundtable, in association with SSP, they discussed how they can leverage new technologies to better serve their…
SSP has successfully completed and passed the British Insurance Brokers’ Association’s Broker Supplier Resilience Assessment visit.
Brokers faced a day of intermittent service on the SSP platform yesterday, in a fault which the software house says has now been fixed.
Insurance has traditionally been considered a grudge purchase, driven by the legal requirements for cover and a desire for financial protection. Indeed, 41% of respondents in a Consumer Intelligence poll said they thought of insurance as "a necessary…
Brokers that moved from SSP to a rival software house have spoken about their reasons for leaving.