Key Company Facts

Our business at a glance

• SSP is the premier provider of IT solutions to the global insurance & financial services industries with more than 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 800 people support customers from headquarters in Halifax & offices in Birmingham, the South of England, Northern Ireland, the Republic of Ireland, Denmark, South Africa, Australia, New Zealand, Kenya, India & the United States.