Review of the year: February 2018

Review of the Year 2017 - February

The shortest month of the year kicked off with brokers complaining about SSP, early reports of Allianz expressing interest in buying XL Group, InsurTech start-ups and GDPR.

We take a look at the top five stories that got brokers talking in February 2018.

Brokers “resigned” as more SSP problems hit users 
Brokers confirmed that they had been experiencing outages and “intermittent issues” with the SSP Pure platform for the past four weeks. Ian Mantel, director at Manor Insurance Services, explained that he had been unable to access the system for three hours, adding: “Luckily my staff had manged not to be kicked out, but the system was so slow it was taking them

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April with Iprism and Ark to follow and more promised in 2024.

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller, buying out previous co-investor private equity house Cinven.

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