SSP appoints new chairman

Insurance technology solutions provider SSP has announced the appointment of Nick Discombe as non-executive chairman.

Discombe has been a non-executive director of the company for the past three years.

He brings extensive experience supporting global technology businesses and will help the board and management team, under chief executive officer Laurence Walker, to continue driving SSP’s growth. 

His appointment follows a transformation programme that repositions the business following eight acquisitions.

During the last three years SSP has invested in bringing new products to market, developing its secure private cloud and overhauling its service offerings.

The business has continued to build on its footprint in Africa and Asia-Pacific, markets where there continues to be significant growth potential for the company. 

SSP chief executive Laurence Walker said: “The board and I are delighted that Nick has agreed to step up to the non-executive chairman role. His extensive experience in the IT sector means he is ideally qualified to assist the business through the next phase of its development.

“The demand for our solutions continues to be strong, particularly in our international markets where insurers continue to be constrained by multiple legacy systems which will need to be replaced. Nick’s experience will ensure we capitalise on these opportunities and continue to deliver a market beating combination of innovation and service for our customers.”

Discombe said: “SSP is a great business, with world-class insurance technology. We’ve made excellent progress in transforming the business and our continued focus on creating success for our customers has put us in a very strong position.

“We have a talented and experienced management team in place and I’m looking forward to helping them realise the tremendous potential the company has.”

Discombe was previously CEO of US based Witness Systems, where he led its cash sale for approximately $1bn in June 2007. Prior to Witness Systems he spent five years as chief executive of Eyretel and he oversaw the successful completion of its IPO on the London Stock Exchange.