SSP plans organisational restructure to streamline service

SSP has announced that it is restructuring to streamline how it serves the insurance market in the UK and Ireland and internationally.

The move will see the software provider operate as two separate business entities from 1 July 2026.

SSP UK and Ireland, led by Martyn Mathews, will focus on serving brokers, insurers and MGAs across the UK and Ireland, with growth targeted through strategic M&A and expansion into emerging segments such as the MGA market.

Meanwhile, SSP Worldwide, led by Stuart Redfearn, will serve markets across APAC, Africa, North America and the Caribbean, continuing SSP’s focus on product development and expansion in underserved territories.

‘Grow faster’

Mathews said the move ”will enable SSP to innovate and grow faster, supported by the financial backing of Volaris and the wider Vencora group”.

Volaris acquired SSP in 2021, with Mathews saying SSP has ”undergone significant transformation and achieved strong financial and product development progress” since the deal.

“This planned restructure will allow us to operate with greater focus in our respective markets, bringing us closer to customers and enabling us to target growth opportunities more effectively,” he added.

“In the UK and Ireland, this includes expanding our support for the MGA market, continuing to strengthen our relationships with brokers and insurers and accelerating innovation through mergers and acquisitions.”