CPP office Leeds

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 2024 performance highlights

We’re pleased to report robust performance that demonstrates the resilience of the CPP business and supports our future ambitions.

£ 156.4 m
FY revenue (-10%)
£ 1.4 m
FY EBITDA (+7%)
£ 8.7 m
Net Funds (-43%)
+ 10 m
Customers

*Figures in brackets represent year-on-year change, 2023 comparatives restated to reflect Globiva, Italy, Spain as discontinued operations.

For more detail on our full year results visit our 2024 Annual Report and Accounts

Our potential

InsurTech

focus

 

Blink, the Group’s parametric InsurTech business, is making considerable progress providing Travel Disruption and Cyber solutions to 28 partners across 22 geographies. Blink increased ARR by 62% to £1.6 million. Blink’s solutions and strong roster of large global insurance companies provide an opportunity for rapid medium‑term value creation.

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Partnerships with global businesses

 

Blink’s technology solutions drive additional sales of partners’ core products, increase their average revenues, improve customer retention and reduce claims processing time and costs. These factors lead to multi-year contracts with 100% renewal rates which add to the reliability of Blink’s growing revenue streams and value accretion.

Purple waves
Simple, growth model from a lower cost base

 

A simplified structure has seen the business transform into a digitally focused business led by Blink, supported by CPP India and CPP Turkey. Non-core investments have been exited, including recent divestments of Globiva, KYND and CPP Italy. These actions increase the Group’s focus and resources to accelerate progress in Blink, which, with attractive economics to scale rapidly, will drive value creation.

Purple blocks
Established businesses in growth markets 

 

We have established businesses in India and Turkey. Both businesses have long-standing partnerships with major banks and non-banking financial companies where we provide products and services that bring them ancillary revenue streams, profit and customer loyalty. India is an exciting market, with a growing middle class and relatively strong GDP growth which will continue to fuel our addressable market.

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Our strategy

Our strategic reset in 2022 signified the start of a transformation process which focused on developing the organisational alignment and innovation required to deliver on our purpose of making a bad day better and our ambition to be a leading global provider of digital assistance products and solutions, led by Blink Parametric and supported by CPP India and CPP Turkey.

The successful execution of this transformation is now complete and provides us with a platform for accelerating sustainable growth for all our stakeholders.

Learn about our strategy

Purple and pink balloons
Meet the CPPGroup Plc Board and Executive Management Committee.
London cityscape
Strong governance protects our partners, customers, shareholders and performance.