The partnership will make it simpler and quicker for SSP’s brokers to check whether individuals or companies appear on the major national and international sanctions lists, plus any user-defined lists. As the solution will be available to the whole of SSP’s broker base, both personal lines and commercial lines brokers will benefit from an easier way to ensure that, for example, directors are not banned from running certain companies.
With the regulatory framework becoming ever more demanding, Sanctions Checker provides a full audit trail of all the searches conducted, so brokers will be able to demonstrate they have proportionate systems and controls in place.
Ron Atkinson, Distribution Director at SSP said: “I am really excited that this partnership will reduce the compliance burden on our whole broker base by enabling them to carry out fast and effective sanctions checks against all the required databases.
“We met with various companies, and chose Northdoor due to its proven track record for this type of work.”
AJ Thompson, Chief Operating Officer at Northdoor said: “We are delighted that SSP has decided to integrate our Sanctions Checker solution into its application.
“Working with SSP will provide us with the opportunity to work with a large number of high-quality brokers through a single partner. This will open up a much bigger customer base for Northdoor’s Sanction Checker solution while working with an award-winning organisation in SSP.”