Software provider linked to private equity investors.

Insurance software giant SSP is in sales talks with an unidentified financial buyer, it announced this week.

SSP, one of the biggest outfits in the market, has been linked with private equity backers.

In a statement to the Stock Exchange, prompted by a spike in its share price, it said the discussions were at an early stage and would not necessarily result in an offer. A spokesman added that there was no timetable for the completion of the talks.

One source suggested that American company Versata, which recently acquired Clear Technologies, could be a good fit.

The company is looking to buy insurance software businesses across the globe.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.