MGA Arkel adds its Adapt product to SSP

Arkel, a specialist property and leisure underwriting MGA, has expanded its distribution channels through a new deal with software house SSP.

The move will see Arkel’s household insurance product, Adapt, join SSP’s broker platforms. 

Arkel, which is part of Atec group which trades as Ceta, detailed that Adapt enables brokers to write both standard and non-standard risks for all types of property such as unoccupied, holiday home, business use from home and many others all through one product.  

Speed
Adapt is an EDI (electronic data interchange) product, which the provider said allows faster and more efficient data exchange between platform and underwriting that better serves the broker. 

Arkel chief underwriting officer, Kris Lee, commented: “We are delighted to be partnering with SSP who have extensive reach in the broker market. This forms part of our overall strategy of distribution expansion and we expect to be able to announce further partnerships in the coming weeks.

“We understand customer needs and have designed our product to be able to ‘Adapt’ to their needs in these uncertain times. Introducing products that are easy to use and flexible is key for our brokers and their customers.” 

Development
According to Arkel it has worked with sister broker Ceta for the past two years in order to develop its product offering for the broker market.

It has also recently begun expanding into third party distribution and is currently in development with a range of broker partners and software houses. 

Ron Atkinson, distribution director at SSP, which was bought earlier this year by Volaris Group, added: “The partnership enables our users to offer cover for a range of standard and non-standard properties that mainstream insurers often lack the specialist knowledge to quote for effectively.

“This is another important step in our commitment to enable our broker users to trade efficiently and provide the best possible service to their customers.” 

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