The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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are you referring to this:
We are thrilled to announce that CPP Group have just reached a milestone, with over 10 million customers worldwide!
Nice bit of positive news, just need to make money now
About 17% down at one stage today now 7% up. Clearly taken down to allow a £10k but go through and take out a few stops. Clearly a case of taking off the poor to give to the rich and easily done on a share with low liquidity.
I guess when they are no longer filling their boots little by little.
Morley ..BLINK CELEBRATES ITS DEBUT IN THE INSURTECH100 FOR 2019 - this is all good -- hopefully - but when is the share - gonna rise to where it should be???
BLINK CELEBRATES ITS DEBUT IN THE INSURTECH100 FOR 2019
CPPGroup Plc ("CPP") is pleased to announce that its InsurTech business, Blink, has made it onto The INSURTECH100. The INSURTECH100 is an annual list of the world's most innovative InsurTech companies that are solving significant industry problems, generating cost saving or efficiency improvements within insurance as selected by a panel of analysts and industry experts.
Blink is a market leader in parametric insurance product innovation, transforming its clients' complex offerings into superior service experiences with simple, intuitive, online products. The company partners globally with insurance and financial services companies, driving innovation in Asia, Europe and North America.
Blink has made it onto the list amidst strong competition in an industry which is growing at speed and where new players are joining weekly.
According to FinTech Global, the InsurTech industry has seen huge growth in the last two years as insurance companies grapple with the challenges of digital transformation and new demands from customers. Nearly $10 billion has been invested in InsurTech companies since the beginning of 2017.
CPP acquired Blink in March 2017, supporting its growth from a start-up entity to the pioneering InsurTech business it is today.
Jason Walsh, Group CEO of CPP, commented:
"We are delighted that our InsurTech business, Blink, has been recognised in this way. We identified the significant potential that Blink had to transform the core travel insurance market back in 2017 and this recognition is a testament to the exceptional work done by our talented Blink team in parametric insurance product innovation. "
A full list of The INSURTECH100 can be found at http://www.TheInsurTech100.com. More detailed information about the companies is available to download in a research pdf on the website.
For more information, please visit: www.FinTech.Global
The directors would probably have known about this insurance launch a few months ago when they all bought more shares
in the company so they obviously feel it is going to be a winner!!
CPP LAUNCHES SME CYBER INSURANCE PRODUCT TO UK MARKET
CPPGroup Plc ("CPP"), has today announced the launch of a new Cyber Insurance product in to the UK market, specifically designed to protect SMEs. The policy is offered by CPP Secure, the organisation's UK insurance arm, and is available on the Acturis platform.
The Cyber Insurance policy is the first product launch by the UK business since its recent entry into the insurance broker market, following the acquisition of broker Business & Domestic Insurance Services.
More than half of malware attack victims are classed as small businesses. The new Cyber Insurance policy from CPP will provide affordable, accessible full cover to organisations with revenues up to £20 million. It also includes an extensive range of services such as direct access to a 24/7 helpline, free antivirus software, and cloud-hosted backup storage. Should an incident occur, the policy provides access to a specialist IT forensic company to investigate what data has been compromised. Public relations support will also be available to mitigate against any potential reputational damage.
The new product has been launched on the industry-specific Acturis platform, used by more than 20,000 insurers and brokers. It is available on the platform for stand-alone sale or as a product bought alongside other insurance.
https://www.lse.co.uk/rns/CPP/business-update-v5gxudszdugx8ld.html
Pretty good RNS
I just topped up £5k at 5.5p! Funnily was going to do it yesterday but thought this was a slowwww burner!!!! Hope I’m wrong
I was surprised there was no comment the other day when the sp was 24% up. 40% up at moment it seems something is afoot.
Main buys are in blocks of 150k or 300k in volume
why?
Something must be happening, I can’t buy any at the moment!!
looks like he is coining it in to decimate the share price,what a joke..
https://uk.finance.yahoo.com/news/cppgroup-plcs-lon-cpp-ceo-090620495.html
CPP ACQUIRES BUSINESS & DOMESTIC BOOK AS IT MOVES INTO THE UK INSURANCE BROKER MARKET
CPPGroup Plc ("CPP" or "the Group") the partner focused, global product and services company, is today announcing it has acquired the UK insurance broker, Business & Domestic Insurance Services (B&D). The acquisition is a major move for CPP, as it launches into the UK insurance broker market.
B&D is one of the largest providers of added value insurance products in the UK. Its products are sold exclusively through the insurance broker channel, and are designed to enhance commercial, domestic, and small business insurance ranges.
The deal will ultimately see CPP take on the administration of over 160,000 policies, written across a portfolio of niche products; including excess protection, total loss protection, legal expenses, and brown and white goods warranty.
The acquisition forms a key part of CPP's UK growth plans and will considerably broaden the Company's range of partnerships, enabling it to add value to insurers, brokers, and end customers.
CPP has acquired the B&D business from Motorway Direct Plc, one of the UK's largest suppliers of insurance products to the automotive industry. B&D's two co-founders Chris U'Dell and Linda U'Dell will be joining CPP as part of the acquisition.
Commenting on the acquisition, Jason Walsh CEO of CPP said:
"I am delighted to announce this acquisition which confirms our strategic focus on rebuilding our presence in the UK market. B&D is a market leader in the ancillary product field, with an array of long-standing partner relationships and a great range of innovative products. We look forward to building the business further by combining CPP's technology capabilities with Chris and Linda's proven product expertise."
Excellent, positive news but still no movement.
Best of
CPP has been advised that Non-Executive Director, Tim Elliott, has purchased a total of 150,000 ordinary shares of 1 pence each in the Group (the "Ordinary Shares"). Following the purchase, Tim Elliott has a total beneficial interest in 325,000 Ordinary Shares, representing approximately 0.038% of the issued share capital of the Group.
Price(s) and volume(s)
4.65 pence 150,000
Are all the millions of profits being wasted on? anyone know
nobody likes the word loss
Rests seem ok? Thought we’d see a bit of action here today