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Daily Insurance Industry News
Sunday 21st of January 2018
May 18, 2010

MMA launches SME offering on SSP

by Gill Montia

Story link: MMA launches SME offering on SSP

MMA Insurance has announced that its Master Tradesman and Offices & Surgeries products are now available via the SSP platform.

The launch aims to provide brokers with the most efficient way of working with the company, while also enhancing MMA’s commercial lines offering available via electronic trading.

The firm’s commercial director, Derek Plummer, comments: “The common trading platform from SSP offers quicker and easier placing for these Micro SME products and a guaranteed full quote detailing all covers and terms.”

He adds: “We hope to add further SME package products, such as our Property Owners and Shops products to the platform in the near future.”

In related news, Defaqto is warning that price comparison websites have their sights set on the SME market.

With home and motor insurance already well covered, aggregators are keen to explore new areas of coverage and according to Defaqto’s insight analyst, Mike Powell, SME commercial insurance is ripe for such expansion.

The financial analyst’s research also reveals that 43% of intermediary insurers do not produce online quotations for SME insurance and would therefore have to make “significant investments” to address a challenge.

 

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