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SSP becomes a member of the Managing General Agents’ Association (MGAA)

It’s an exciting start to the New Year for SSP, as they have signed up to become a member of the Managing General Agents’ Association (MGAA). Formed in 2011 as a not-for-profit organisation, the MGAA, and its board of directors and specialist committees focus 100% on shaping the future of delegated underwriting in the UK.

Managing General Agents (MGAs) are an important, established and fast-growing sector of the UK insurance industry. Over 300 MGAs currently underwrite over 10% of the UK’s £47 billion general insurance market premiums. MGAs deserve specific representation to lobby on their behalf, communicate their considerable benefits and drive best practice, and the association is there to fulfil this role.

“SSP values the importance of this growing sector and we are really looking forward to working with an association who represent and support the UK MGA market. It promises to be an exciting year with many MGAA events planned. It’s a great opportunity for us to network with likeminded companies and help UK underwriters with SSP’s innovative technology solutions.” Adrian Coupland, SSP’s Customer and Marketing Managing Director said.

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.”