Key Company Facts
Our business at a glance
- SSP is the premier provider of IT solutions to the global insurance & financial services industries with almost 50,000 users in over 50 countries
- The largest share, by revenue, of the UK retail general insurance broker & intermediary systems market
- The largest installed base of general insurance systems in the UK
- Unique ‘carrier to consumer’ proposition, combined with the multiple distribution channels enabled by our systems, is not replicated by any other single competitor
- Since the management buy-in in 2002 SSP has had a consistent track record of revenue growth, with revenue more than doubling every three years. The business has recorded double-digit organic revenue growth every year, with the balance achieved through acquisitions
- High levels of customer retention - a number of customers have been with us for over 15 years & almost 60 per cent of sites have been users of SSP systems for more than eight years
- Strong customer base including 20 of the top 50 global insurers, 30 of the top 50 UK brokers & 4 of the top 10 UK financial advisers
- Our systems support an estimated £2.0 billion of UK personal lines gross written premium & £2.9 billion of UK commercial lines gross written premium
- Over 30 per cent of all UK full-cycle electronically traded business is transacted through SSP insurance solutions
- Two operating divisions: Broker & Insurer
- Our own affinity club of almost 900 intermediaries called KeyChoice. By aggregating the distribution capacity of these intermediaries, we are able to negotiate better commission & premium rates for our members from a selected group of insurers
- Over 750 people support customers from headquarters in Halifax & offices in Birmingham, the South of England, the Republic of Ireland, Denmark, South Africa, Australia, New Zealand, Kenya, India & the United States