We've signed up to SSP Intuition...

...giving us the ability to make even better-informed pricing decisions tailored to each risk.

Posted on 10th August 2020
SSP_Motor Enrichment Enhancements

We’re pleased to announce we’ve recently signed up to the market-leading solution, SSP Intuition. Powered by Amazon Web Services (AWS), SSP Intuition is SSP’s centralised risk selection and rating data lake, providing access to more than one billion quotes and quote responses.

Through SSP Intuition, we will be able to access the invaluable insight that the solution delivers, giving us the ability to make even better-informed pricing decisions tailored to each risk.

When using SSP Intuition, our teams can derive real-time results through access to quote performance data across the entire SSP broker community. With data from over one billion intermediated quotes and quote responses across private motor, commercial vehicle, motorbike and household, the solution allows for confident business decisions to be made through data enrichment.

The data solution allows us to assess our position within the market, with pinpoint laser accuracy, highlighting any potential gaps or pitfalls across all lines of business.

Our Director of Personal Lines Underwriting, Glyn Hughes, said, “Being one of the UK’s largest car insurers, we look to constantly evolve our processes to ensure we stay ahead of the game and continue to offer competitive rates to the market. SSP Intuition lets us do this with ease, providing the detailed insight we need. We look forward to supporting our brokers to be more competitive through the use of this solution seeing how our business continues to excel as we benefit from this solution.”

Ron Atkinson, Distribution Director at SSP said, “Our daily interactions with both brokers and insurers have enabled us to amass data from over 1 billion intermediated quotes along with details of quote returns and sales which, when anonymised and structured, provide insurers with insights never before possible. The insights show market trends along with their own product and scheme performance. They have the ability to analyse the impact of rating changes by rating factor, to uncover potential gaps in their rating and across multiple product lines. We are delighted to have developed SSP Intuition in association with AWS and look forward to demonstrating the capabilities available.”

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