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SSP

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United Kingdom

Founded in

2002 (23 Years)

Founded

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1.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know SSP

    SSP is a provider of general insurance technology solutions, operating in more than 50 countries across the UK, continental Europe, Asia Pacific, Africa and USA. It serves over 1,000 insurance brokers as well as over 160 insurers, including 20 of the world’s largest insurers. With more than 30 years’ experience and industry expertise, SSP develops and implements technology solutions and back-office systems that enable their customers to reduce the cost of their operations, increase distribution and create a better customer experience – improving profitability and effectiveness. Having end-to-end visibility from consumers through to insurers, SSP is uniquely positioned to understand the challenges their customers face and provide significant industry insight across the entire value chain. SSP’s broking technology processes transactions worth over £5 billion gross written premiums and over 1.1 billion internet insurance quotes annually. SSP works with you to develop the system and solution that you want. By helping you define your requirements, SSP map the journey and build the solution for you.

    Industry

    • Financial InsurancePRIMARY
    • Technology Software Development

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