CPP Group at a glance
CPPGroup Plc is an AIM listed assistance company that creates and delivers innovative, revenue-adding products for our clients, and makes bad days better for millions of consumers globally.
We operate across three core businesses; Blink Parametric (a global InsurTech business based in Ireland), CPP India and CPP Turkey.
Our parametric platform, customisable product range, insurance partnerships, servicing capabilities and distribution expertise combine to enhance customer experiences, remove complexity, reduce costs and deliver added profit and revenue for our clients. Through this we create and share value with our stakeholders.
Full year 2022 performance highlights
We’re pleased to report another strong performance that demonstrates the resilience of the CPP business and supports our future ambitions.
*2022 full year results (figures in brackets represent year-on-year change)
We have 11.4 million customers and counting. We continue to explore new opportunities by growing our client base in CPP India, CPP Turkey and Blink Parametric.
Blink Parametric’s strong partnerships and market-leading services in the Travel Disruption sector offers strong potential for medium-term value creation.
Our products bring our clients ancillary revenue streams and profit, not to mention enhanced customer loyalty.
Renewed focus on growth businesses and accelerated withdrawal from Legacy businesses will increase the sustainability of profits. The implementation of the Change Management Programme will lower the cost of delivery and benefit margins.
A robust cash position together with expected future cash flows from our core businesses will provide the resources to deliver the Change Management Programme, and invest further in both Blink Parametric and the new Indian IT platform.
We’ll migrate away from our declining Legacy operations to a global InsurTech business, led by Blink Parametric and supported by CPP India and CPP Turkey. This will see us create a simpler business, with all units contributing to growth and improving returns for shareholders.