SSP
Checking the price is right for insurance
Emma Ann Hughes examines how to prove the price is right of cover for different segments of consumers and observes it requires a whole lot more than just knowing the cost of delivering insurance products and services.
Hughub CEO and former SSP director Jonathan Davey retires
CEO of Hughub and former SSP director Jonathan Davey has retired after a 36-year career.
SSP in a ‘process’ to rebuild trust with clients
Following a data breach in November 2022, as well as other disruptions over the past few years, SSP has been investing in its security measures and is currently in a process to rebuild trust within the industry
UK motor broker launches; Ardonagh’s management reshuffle; Polaris’s £1.5m investment
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Ransomware gets the headlines, but it is not the top cyber exposure says CFC’s Nelson
CFC Underwriting’s cyber development leader, Lindsey Nelson says that while media interest in ransomware remains high, it is not the most frequent exposure seen in the SME cyber space.
How do you solve a problem like cyber?
News Editor's View: With high profile breaches becoming more and more common, is the industry well positioned to help small businesses with the growing threat of cyber attacks?
Zurich Japan hit by data breach with 750,000 users’ info stolen
Zurich has confirmed that it has suffered a data breach where 757,463 users have had their data stolen.
SSP no longer listed on ransom group's site
Software house SSP is no longer listed as under ransom by the Lockbit group after its ransom was reduced down from $7m to $2m.
SSP hit by cyber security breach and $7m ransomware demand
Software house SSP has suffered a cyber security breach by the Lockbit ransomware group, affecting its internal network and systems.
Stubben Edge and Helodrium join forces; Specialty MGA UK launches in London; PIB appoints group CFO
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
FCA fines JLT £7.8m; Acrisure acquires Russell Scanlan; Clear Group buys Pro Aktive; Howden Group creates start-up hub and Instanda raises $45m
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Briefing: 10 insurtech start-ups to watch in 2022
For a seventh year running, Post content director Jonathan Swift scans the insurtech space and identifies a host of up-and-coming businesses potentially worth watching over the next 12 months and beyond.
SSP 'communicating' with brokers after disruption
Software house SSP has confirmed that an incident that left some brokers unable to log in on Wednesday has been fixed.
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.
Loss making SSP reveals financial struggles ahead of sale
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.
SSP users hopeful of investment as takeover nears completion
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 adds Liz Latter as CCO after Mike Keating exit
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.
Insurance tech firms confident of full service during coronavirus pandemic
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.
British Insurance Awards at 25: The judges reflect on the changing market
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…
SSP redundancies to be finalised ‘before Christmas’
Software house SSP expects to have finalised its restructuring consultation before Christmas.
UK General weighs up direct options and targets 20% of income
Exclusive: UK General is close to launching its first personal lines product on a software house and is exploring its options for direct distribution.