18 June 2018
SSP simplifies sanctions checking for brokers
through Northdoor partnership
SSP has partnered with Northdoor to integrate the IT security specialist’s Sanctions Checker solution into its software. This will be Northdoor’s first software house integration.
The partnership will make it simpler and quicker for SSP’s brokers to check whether individuals or companies appear on the major national and international sanctions lists, plus any user-defined lists.
As the solution will be available to the whole of SSP’s broker base, both personal lines and commercial lines brokers will benefit from an easier way to ensure that, for example, directors are not banned from running certain companies.
With the regulatory framework becoming ever more demanding, Sanctions Checker provides a full audit trail of all the searches conducted, so brokers will be able to demonstrate they have proportionate systems and controls in place.
Ron Atkinson, Distribution Director at SSP said:
“I am really excited that this partnership will reduce the compliance burden on our whole broker base by enabling them to carry out fast and effective sanctions checks against all the required databases. “We met with various companies, and chose Northdoor due to its proven track record for this type of work.”
AJ Thompson, Chief Operating Officer at Northdoor said:
“We are delighted that SSP has decided to integrate our Sanctions Checker solution into its application. Working with SSP will provide us with the opportunity to work with a large number of high-quality brokers through a single partner. This will open up a much bigger customer base for Northdoor’s Sanction Checker solution while working with an award-winning organisation in SSP.”
SSP is a global provider of technology systems and solutions across the entire insurance industry, using our expertise to enable our customers to transform their business and increase their profitability. SSP provides core technology solutions, distribution and trading capability, advanced analytics and solution delivery. We work with 8 of the top 10 UK insurers, 4 of the top 10 global insurers and over 40% of UK brokers. Our unique position in the market, including the largest market share of UK e-trading, enables us to provide leading data insight and unrivalled distribution. With over 30 years’ experience, our knowledge, talent and technology capabilities deliver innovative results that make us the partner of choice for our customers.
Northdoor plc is a leading provider of integrated information technology solutions. Its services encompass consultancy, application development, enterprise infrastructure and IT support and managed services. Originally founded in 1989 to serve the London Market, Northdoor has extended its expertise in insurance and banking to wider sectors, such as media, retail and property, with services now reaching over 400 businesses. Northdoor has a collaborative and high-touch customer care approach in delivering tailored solutions that help clients to achieve their business objectives.