CPP Group plc (LSE:CPP) has announced a major strategic pivot, concentrating its efforts exclusively on the growth of its Blink InsurTech platform. As part of this transition, the company has completed the sale of its CPP Turkey business for £4.6 million and is in active discussions regarding the potential divestment of CPP India. The move marks a significant shift in strategy aimed at streamlining operations, cutting costs, and reallocating capital toward Blink’s scalable, high-margin business model.

Proceeds from the asset sales will be reinvested into advancing Blink’s technology capabilities, supporting its commercial expansion, funding restructuring efforts, and bolstering working capital. CPP believes this strategic focus on Blink will better position the company for sustainable long-term growth in the InsurTech space, particularly within high-demand segments like travel disruption and cyber protection.

Despite continued financial challenges—including negative earnings and high leverage—CPP’s forward-looking strategy and shareholder backing provide a degree of optimism. Technical indicators suggest modest upward momentum, although valuation pressures persist due to underperformance in core financial metrics.

About CPP Group plc

CPP Group plc is a UK-based InsurTech company undergoing a strategic transformation to focus entirely on Blink, its technology-driven platform offering parametric insurance solutions. Blink targets fast-growing markets such as travel disruptions and cybersecurity, delivering real-time, automated insurance services. The company is shifting away from legacy operations to build a leaner, more innovative business model aligned with the evolving insurance landscape.