SSP simplifies sanctions checking for brokers through Northdoor partnership

SSP has partnered with Northdoor to integrate the IT security specialist’s Sanctions Checker solution into its software. This will be Northdoor’s first software house integration.

The partnership will make it simpler and quicker for SSP’s brokers to check whether individuals or companies appear on the major national and international sanctions lists, plus any user-defined lists. As the solution will be available to the whole of SSP’s broker base, both personal lines and commercial lines brokers will benefit from an easier way to ensure that, for example, directors are not banned from running certain companies.

With the regulatory framework becoming ever more demanding, Sanctions Checker provides a full audit trail of all the searches conducted, so brokers will be able to demonstrate they have proportionate systems and controls in place.

Ron Atkinson, Distribution Director at SSP said:
“I am really excited that this partnership will reduce the compliance burden on our whole broker base by enabling them to carry out fast and effective sanctions checks against all the required databases.

“We met with various companies, and chose Northdoor due to its proven track record for this type of work.”

AJ Thompson, Chief Operating Officer at Northdoor said:
“We are delighted that SSP has decided to integrate our Sanctions Checker solution into its application.

“Working with SSP will provide us with the opportunity to work with a large number of high-quality brokers through a single partner. This will open up a much bigger customer base for Northdoor’s Sanction Checker solution while working with an award-winning organisation in SSP.”

SSP’s brokers to cover more commercial risks through Ark partnership

SSP has partnered with underwriting agency Ark Insurance Group (Ark) to expand the tradesman offering available to its brokers. The enhanced panel enables brokers to benefit from wider acceptance criteria, so they can write a greater spectrum of building and allied trade risks.

The Ark tradesman product covers 95% of trades, including those classified as high risk, such as roofing and hazardous locations. It also offers a very strong referral capability, with quotes for individuals with adverse financial histories provided on a referral basis.

A large number of builders have been affected by bankruptcy or CCJs, making it difficult for them to obtain cover. This product provides a route for SSP’s brokers to access that market, and so write business that they might otherwise have had to turn away.

SSP is also partnering with Ark on a number of other products, including commercial vehicle, home and landlords. All of these will be available for e-trade, further enhancing SSP’s strong reputation for e-trading business across numerous lines.

Ron Atkinson, Distribution Director at SSP said:
“Given the current market conditions, I am delighted to be expanding our tradesman panel to enable our brokers to write a wider spectrum of commercial risks.

“With a large number of risks quoted for on referral, brokers can offer their customers cover tailored to their individual needs, even if they have an adverse credit history or are self-employed.”

Rachel Gow, Managing Director at Ark Insurance Group said:
“I am pleased to have partnered with SSP for the distribution of a number of our products. Working with SSP enables us to trade with a large number of high quality brokers that we wouldn’t otherwise have access to, all through a single partner.”

Endsleigh moves to SSP

Endsleigh Insurance Services has entered into a five-year contract for the provision of SSP Broking to support its strategy and growth, and is now live with SSP’s core broking solution.

As the UK’s leading insurance provider for students, Endsleigh recognised the need for an agile platform to attract tech-savvy students and professionals, whilst also providing its customers with the right service to retain their business into the future.

With a deep understanding of the products and services Endsleigh needs to deliver to its customers, SSP will provide the broker with a complete solution that meets the business vision and requirements of its transformation programme. The first major phase is already complete with the final two phases due by this year end.

The solution, which is based on SSP’s digital insurance platform, allows customers to engage with their insurance provider in a way that is easy and convenient for them. Enabled by SSP Intelligent Quotes Hub, Endsleigh will also provide best-in-class risk selection and pricing, as well as fraud, validation and data enrichment.

Moving from its legacy system to SSP Broking will enable Endsleigh’s transition away from maintaining its own infrastructure and software, allowing it to focus on growing its business.

Adrian Coupland, Customer and Marketing Managing Director at SSP said:
“I am delighted to have extended our partnership with Endsleigh, and to have it join us as an SSP Broking customer.

“Our broking solution combines SSP’s 30 plus years’ experience of developing innovative broking technology with components from market-leading third party providers, and enables Endsleigh to compete more effectively in an evolving marketplace. It also demonstrates the broker’s progressive and forward-thinking approach to IT.”

Jeff Brinley, CEO at Endsleigh said:
“We are committed to providing our customers with value for money and a comprehensive range of products that meet their ongoing requirements.

“As our legacy system was constraining our ability to fully deliver on these objectives, we needed a complete solution for our future trading, and that’s what SSP’s core broking solution provides. The results SSP has helped us deliver so far have been positive and enabled us to grow the business, and are testament to its understanding of our business vision and requirements.”

SSP Broking

SSP creates new efficiencies with integration of iPipeline’s SolutionBuilder

SSP, a global provider of technology systems and solutions across the entire insurance industry, has integrated iPipeline‘s award-winning SolutionBuilder® quote and apply system with its next generation financial services software, SSP Adviser. SSP is offering this industry innovation to its customer base to accelerate and simplify quoting, applying, analysis, illustrations and product comparison reporting all at the point of sale.

With a simplified and responsive user interface, SolutionBuilder enables advisers to easily compare both single and multi-benefit products, such as term assurance, life and critical illness all on one screen. This ensures advisers can quickly identify the right protection for their client’s needs.

Integrating this functionality with the modern web-based SSP Adviser client and policy management solution enables SSP’s customers to gain increased efficiencies at point of sale. The integration saves time by pre-populating client data to streamline the quote request, as well as facilitating the analysis in SolutionBuilder and automatically bringing back key facts illustrations (KFIs), comparison reports and illustrations to support the recommendation. It also sets up the policy proposal and details of the expected commissions due, allowing advisers to achieve greater efficiency across the whole process.

Whilst the analysis is done in SolutionBuilder with quotes available for up to 90 days, the quote, product and comparison details are brought back into SSP Adviser, allowing the documents to be retrieved with ease of access.

Adrian Coupland, Customer and Marketing Managing Director at SSP said:
“I am really excited by the additional capabilities SSP can offer its existing and new customers through this partnership with iPipeline. Our customers are the heart of SSP, and this is the first of a number of exciting initiatives we have planned to ensure they get the most out of their SSP Adviser solution.”

Paul Yates, Product Strategy Director at iPipeline said:
“We are delighted to have integrated SolutionBuilder with SSP Adviser in a partnership that allows advisers to service simple and complex protection needs effectively across single and multi-benefit solutions. We believe bringing new and innovative technology enhancements to advisers’ processes are a key component to help grow their protection business. SolutionBuilder is an example of this, as evidenced by a 28% increase in protection business via iPipeline during 2017.”

SSP Adviser

Former MIB head chooses SSP for new venture

PEX Insure, the managing general agent (MGA) founded by Byron Shepherd, has chosen two separate SSP platforms to distribute its insurance products. Shepherd was formerly one of the heads of the Motor Insurers’ Bureau (MIB), responsible for services including MyLicence and the NCD database.

The MGA has chosen SSP Pure Broking to retail standard motor cover, with further products to follow. In addition, as PEX Insure has its own delegated authority, it has also signed up to wholesale insurance products through SSP’s brokers.

These wholesale products – including motor excess protection, guaranteed car hire and vehicle breakdown – will be made available via SSP’s commercial e-trading platform.

Ron Atkinson, Distribution Director at SSP said:
“I am delighted that, after working with various software houses at MIB, Byron has chosen to partner with SSP for his new venture and to adopt multiple platforms.”

Byron Shepherd, CEO at PEX Insure said:
“I know Ron and Adrian Coupland [SSP’s Customer and Marketing Managing Director] very well from my work at MIB. If I need to call them, I can, and they get things done.

“It’s important to be able to speak to the key decision-makers quickly. Ron answers the phone and gets on with what needs to be done. You don’t get that with other software houses.”

Keychoice and RAC extend relationship with specialist products

Keychoice, the insurance distribution business owned by SSP, is pleased to announce the extension of its long-term relationship with the RAC for a further five years. This will see the RAC continue as its exclusive breakdown partner until early 2024.

The new deal underlines Keychoice’s commitment to nurturing longstanding partnerships with market-leading brands, and the development of additional products through these partners to drive further benefit and value for its members.

Following the success of RAC car, van and bike breakdown, Keychoice is broadening its members’ product portfolio with the introduction of five specialist breakdown products, as well as RAC motor legal expenses and RAC top-up loss insurance.

Keychoice’s broking community has shared that their customers have asked for more commercially-orientated RAC breakdown and motoring products. To meet this demand, brokers who are Keychoice members will be able to offer cover for taxi, motorhome, minibus, courier vehicle and taxi minibus breakdowns. This includes recovery of the vehicle to a single destination anywhere in the UK and onward travel if the vehicle can’t be repaired at the roadside.

With RAC top-up loss insurance, if a customer’s vehicle is written off, they will be paid 25% on top of their insurer’s settlement figure. This additional payment helps to top-up any shortfall in the price paid for the vehicle versus its current market value. This is particularly pertinent for self-employed individuals, for whom their vehicle is their business.

Ron Atkinson, Distribution Director at SSP said:
“I’m delighted to have extended our partnership with the RAC, which is testament to the strong relationship we’ve already built up.

“Keychoice members are set to have access to a total of ten products from a leading brand with an excellent reputation and customer service, and we have a number of other ancillary products in the pipeline. As a result, brokers will have the flexibility and functionality to keep their customers on the road, both for pleasure and business.”

Richard Fuller, Head of Partnerships at the RAC said:
“SSP is a trusted strategic partner, so it’s great to be able to announce a new long-term arrangement with its Keychoice distribution business.

“Keychoice enables us to connect with hundreds of high street brokers at once, all of whom can offer their customers more tailored motor cover. My team and I look forward to working with Keychoice to develop, in partnership, innovative new products that continue to deliver value to its brokers and their customers.”

Ageas becomes latest SSP partner for Flood Re

Ageas has become the latest insurer to partner with SSP to provide Flood Re policies through the broker channel.

The UK government launched Flood Re to increase the availability of affordable home insurance for the estimated 350,000 households in flood risk areas, who tend to be subject to higher premiums and excesses. The scheme backed almost 130,000 policies in its first year.

With each of Ageas’s three home products being backed by the Flood Re scheme, at-risk House Guard, House Guard Prestige and House Guard Tenants Contents policyholders will all be able to benefit from affordable premiums and lower excesses dependent on their individual circumstances.

SSP connects to the Flood Re Property Data Hub to capture the council tax band and other relevant risk data. This is fed into SSP’s centralised rating, pricing and quotation solution, SSP Intelligent Quotes Hub, enabling the Flood Re premium to be considered with other risk factors in determining the overall home insurance price Ageas offers each at-risk customer.

Adrian Coupland, Customer and Marketing Managing Director at SSP said:
“I am delighted that Ageas has joined SSP’s Flood Re panel. Having another insurer on the panel provides at-risk policyholders with a wider range of Flood Re-backed policies to choose from, enabling these homeowners to shop around for the most suitable cover through the intermediated channel.”

Francois-Xavier Boisseau, Chief Executive Officer at Ageas said:
“As an original member of the Flood Re scheme, we understand the importance of a multi-distribution strategy to ensure all customers on all channels can access these policies.

“Our partnership with SSP means Flood Re-backed policies are now more widely available for the thousands of at-risk customers who insure their properties through a broker.”

Liz Mitchell, founder of insurtech start-up broker Flood Assist Insurance said:
“As a specialist flood insurance broker using the SSP platform, I am thrilled that Ageas has joined the panel of insurers. The great cover and first class claims service means I am so excited to have them on board.”

Keychoice partners with LV= for new specialist vehicle offering

Keychoice, the insurance distribution business owned by SSP, has partnered with LV= to provide exclusive access for brokers looking to place specialist vehicle business with the insurer.

Whether driven by the engineering, aesthetics or noise of their cars, owners of specialist vehicles have a passion that goes beyond the usual commute from A to B. Expanding the Keychoice product range with the insurance scheme from LV= means members can now place the niche business of these vehicle enthusiasts and access a new lucrative market.

LV=’s Highway KC Specialist Vehicle product provides cover for classic cars and motorhomes, including referrals for American cars, modified vehicles and ex-military vehicles — all of which require specialist insurance.

Ron Atkinson, Distribution Director at SSP said:
“Everything we do is aimed at improving life for our members, so I’m delighted they can now benefit from the dedicated underwriting knowledge and expertise required for this specialist scheme business.”

Michael Lawrence, Personal Lines Director at LV= said:
“We are pleased to be delivering specialist vehicle cover through Keychoice, which enables us to reach out to 500 traditional high street brokers in one fell swoop. This partnership provides a single point of access for all brokers to address the insurance needs of vehicle enthusiasts which might otherwise have been overlooked.”