Safeture and UK partner SPS sign deal to support insurance market

Safeture AB (publ) today announced it signed a deal with global risk management consultancy Special Projects and Services Limited (SPS) to support the insurance market.

The minimum initial contract value for Safeture is 162 000 EUR over the next five years.

“It’s great that Safeture is able to work with SPS on this project”, said Magnus Hultman, CEO of Safeture. “We were happy to extend our relationship with SPS in September and this project is a perfect example of how our two companies can pull together to support insurance customers. We look forward to further develop our partnership with SPS which we hope will generate additional similar projects”.

“Working closely with Safeture to create a new assistance product is fantastic and shows how the two companies can innovate together,” said Simon Sawyer, Chief Operating Officer at SPS. “We’ll have more details on the project and how we aim to support the market early next year.”

Safeture signed a three-year partnership extension with SPS in September, providing a joining of services where clients can continue benefiting from Safeture’s technology and have the option of incorporating physical monitoring and response services from SPS. This provides our clients with the added value of direct access to the SPS Global Response Centre, management of the Safeture platform, pro-active monitoring, incident management, a virtual crisis room, and as a Lloyds of London approved evacuation provider, global evacuation capabilities. In the last year, the partnership has earned Safeture 840 000 USD. The partnership began in early 2020 and has been extended to 2026.

“This is a great example of our partnership strategy of joining forces with global partners to provide our users with a constantly expanding platform,” said Magnus Hultman, CEO of Safeture.

For additional information, visit www.safeture.com or contact:

Safeture CEO Magnus Hultman: +46 706 00 81 66.  Magnus.hultman@safeture.com

Safeture (founded in 2009) is a Software as a Service (SaaS) company based in Sweden.
The company offers a complete cloud-based platform designed to manage employee safety and risk/crisis management. Through world-leading technology and innovative solutions, Safeture helps companies and organizations to protect what matters most – their employees. Safeture corporations the ability to effectively automate safety and security while seamlessly integrating the software to become a natural part of their internal processes.
The Safeture share is listed on NASDAQ First North Growth Market Stockholm (ticker: SFTR). Erik Penser Bank AB is the Certified Adviser. Ph: +46 8-463 83 00 E-mail: certifiedadviser@penser.se