The story
Founded by Hamish Ogston in 1980.1
Formation
The Company was founded by Hamish Ogston on 14 April 1980 as a provider of card protection insurance. It acquired its Homecare Insurance and Mobile Phone Insurance businesses in 2001, Metris Enhancement Services in 2003 and Leapfrog Group in 2009.
Having listed on the London Stock Exchange in March 2010, CPP moved to Alternative Investment Market in February 2015.
Sir Richard Douglas Lapthorne, Nicholas Ian Cooper and Mark William Hamlin joined CPP on 5 May 2016 replacing the previous board after a 'General Meeting' was requested by shareholder, Schroder Investment Management Limited.
In March 2017, CPP acquired Blink Innovation: the only InsureTech business in the FCA's prestigious 'Project Innovate' sandbox.
Acquisitions and growth
In September 2019, CPP Group UK, part of CPP Group Plc, acquired the insurance broker, Business & Domestic Insurance Services (B&D) from Motorway Direct Plc.
In September 2018 CPP Group announced an investment in the Indian business process management (BPM) company, Globiva. CPP invested £2m for a 61% stake in the business.
In June 2018 CPP Group announced the acquisition of Valeos, a specialist consultancy providing value-added services and products to companies in the insurance sector. Valeos was founded by CEO David Ross in Yorkshire in 2014.
In March 2018 CPP Group announced a £1.2m investment to take a shareholding in the cyber risk start up KYND. In January 2022 KYND announced that it secured £3.25m of investment from Business Growth Capital (also known as the British Growth Fund).
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In March 2017 CPP Group acquired Blink Innovation, an insurtech start-up within the travel insurance industry. In November 2020, Blink Parametric was included in the InsurTech100 list.
Delisting
In July 2026, the company announced plans to delisted from the Alternative Investment Market and to go privateto support the growth of Blink Parametric.
From Wikipedia’s article on CPP Group, shared under CC BY-SA 4.0.3