Watchstone Group is a holding company with technology at its core.

Our businesses offer leading technology solutions primarily to the insurance, automotive and healthcare industries.

While we have a diverse portfolio, our operating businesses are unified by a set of shared commercial principles:

■We seek to anticipate change and we have the agility to exploit the dynamism of customer behaviour
■We invest in the people and technologies that will drive innovation and success in our markets
■We promote in-depth sector knowledge and experience as the starting point of value creation, and
■We strive for efficiency across our businesses through the optimal allocation of resources and good governance

                   

NEWS

26th Jan 2018 Pre-close trading update
11th May 2017 Prospective claim by Slater and Gordon
05th May 2017 Report and Accounts for the year ended 31 December 2016
27th Apr 2017 Preliminary results for the year ended 31 December 2016

VIDEO/AUDIO/PRESENTATIONS

May 2017 2016 Annual Report and Accounts
Jun 2016 Presentation-Results for the six months ended 30 June 2016
27th May Watchstone Audio Webcast-Financial Results
27th Jan Watchstone Group Outline Strategy

EVENTS

The 2017 Commercial Vehicle Show (CV Show)25th-27th April -UK (Hubio)
The Strategic Claims conference2nd March-UK (Hubio)
2017 Insurance-Canada.ca Technology Conference28th February-Canada (Hubio)
NRF's Annual Convention & EXPO (Retail's BIG Show)15th-17th January-USA (Tech Mahindra-Bronze sponsors/exhibitor)
2017 Commercial Vehicle Show25th-27th April-UK (Hubio Fleet-exhibitor)

WEBSITES




LINKS TO DEDICATED PAGES

pt Health
ingenie Updated 2nd June
Innocare Updated 2nd June

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 23 August 2018.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Polygon Global Partners LLP---------------------10,600,000----------------------23.02%
Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Sand Grove Capital Management LLP-----------5,179,279-----------------------11.25%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,248,093----------------------4.88%

Subtotal------------------------------------------28,832,756---------------------62.63%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------463,158-------------------------1.01%

Current total shares in issue 46,038,333 as at 23 August 2018 with none being held as treasury and 1.86% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

https://www.watchstonegroup.com/investors/shareholder-information/

********************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 21 September 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Polygon Global Partners LLP---------------------8,016,599----------------------17.41%
Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,248,093----------------------4.88%

Subtotal-------------------------------------------24,225,292--------------------52.63%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------515,658-------------------------1..13%

Current total shares in issue 46,038,333 as at 21 September 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

***********************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 31 August 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Polygon Global Partners LLP---------------------7,384,034----------------------16.04%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,248,093----------------------4.88%

Subtotal-------------------------------------------24,225,292--------------------52.63%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------515,658-------------------------1..13%

Current total shares in issue 46,038,333 as at 31 August 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
*********************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 31 July 2017

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Polygon Global Partners LLP---------------------6,930,269----------------------15.05%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,248,093----------------------4.88%

Subtotal-------------------------------------------23,771,527--------------------51.64%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------515,658-------------------------1..13%

Current total shares in issue 46,038,333 as at 31 July 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
*******************************************************

Shareholder information
The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 8 June 2017.

The shareholder information was updated yesterday but they have not altered the date as yet!

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Polygon Global Partners LLP---------------------6,564,379----------------------14.26%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------23,477,484--------------------51.01%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------515,658-------------------------1..13%

Current total shares in issue 46,038,333 as at 8 June 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
********************************************************
Shareholder information
The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 8 June 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Polygon Global Partners LLP---------------------6,000,000----------------------13.03%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------22,913,105--------------------49.77%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 8 June 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
**********************************************************

Shareholder information
The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 26 May 2017.


Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,412,190----------------------16.10%
Polygon Global Partners LLP---------------------5,625,000----------------------12.22%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------22,061,577--------------------47.92%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 26 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

**************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 16 May 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,446,581----------------------14.00%
Polygon Global Partners LLP---------------------5,625,000----------------------12.22%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------21,095,968--------------------45.82%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 16 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
***************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 16 May 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,446,581----------------------14.00%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------20,867,927--------------------45.35%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 16 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
******************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 15 May 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------20,867,927--------------------45.33%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 15 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 12 May 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,471,638-----------------------7.54%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal------------------------------------------20,551,784----------------------44.64%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 12 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
*********************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 20 April 2017
.
Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Sand Grove Capital Management LLP-----------3,471,638-----------------------7.54%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
Polygon Global Partners LLP----------------------2,356,709----------------------5.12%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%


Subtotal------------------------------------------19,807,816----------------------43.02%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 20 April 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
*******************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 13 March 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Sand Grove Capital Management LLP-----------3,471,638-----------------------7.54%
M&G Investments (Prudential)-------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%


Subtotal------------------------------------------17,451,107----------------------37.91%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 13 March 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
****************************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 07 November 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------5,541,978----------------------12.04%
Deutsche Bank AG-------------------------------3,471,638-----------------------7.54%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP---------------2,307,438-----------------------5.01%


Subtotal------------------------------------------14,237,720----------------------30.93%


Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 07 November 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

*************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 18 August 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------5,139,560----------------------11.16%
Deutsche Bank AG-------------------------------3,466,883-----------------------7.53%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------16,135,930----------------------35.05%

Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

************************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 07 July 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------5,139,560----------------------11.16%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------12,669,047----------------------27.52%

Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

***************************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 23 June 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------4,895,099----------------------10.63%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------12,424,586----------------------26.99%

Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

***********************************************************

Shareholder information


The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 02 June 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------4,001,335-----------------------8.69%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------11,530,822----------------------25.05%


Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

*****************************************************
Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 24 May 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------4,001,335-----------------------8.69%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------9,223,384 ----------------------20.04%


Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

*****************************************************

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 15 January 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

M&G Investments (Prudential)------------------2,916,666-----------------------6.35%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.02%
Beach Point Capital Management LLP-----------2,243,186-----------------------4.88%

Subtotal------------------------------------------7,465,235 ----------------------16.24%


Current total shares in issue 45,963,333 as at 15 January 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).


Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

**************************************************************

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 21 December 2015.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

M&G Investments (Prudential)------------------2,916,666-----------------------6.42%
Beach Point Capital Management LLP-----------2,243,186-----------------------5.04%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.03%

Subtotal------------------------------------------7,465,235 ----------------------16.49%

Current total shares in issue 45,822,708 as at 21 December 2015 with none being held as treasury and 2.15% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------115,658-------------------less than 0.26%

**************************************************************

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 27 November 2015.

Major shareholder information

Name---------------------------------------No. of Shares-------------------% Holding

M&G Investments (Prudential)------------29,166,666---------------------- 6.42%
Beach Point Capital Management LLP----22,431,859-----------------------5.04%

Subtotal------------------------------------51,598,525-----------------------11.46%


Current total shares in issue 454,317,992 as at 27 November 2015 with none being held as treasury and 2.15% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

David Currie---------------------------------1950-----------------------less than 0.01%

Subtotal--------------------------------------1950-----------------------less than 0.01%

Hubio

Hubio provides integrated solutions to help organizations in the insurance and automotive sectors increase efficiency, reduce claims, build customer engagement and enable usage-based personalization.

Through the innovative use of telematics, UBI, mobile, gamification and enterprise technologies, Hubio is bringing new levels of data-driven insights to the insurance and automotive industries, while challenging and redefining established business models.

Hubio was formed to be a best-in-class solutions provider, bringing together several industry-leading technology and service businesses. As one organization, we are uniquely placed to deliver and support true end-to-end solutions.

Social Media

twitter- Hubio Group
twitter- Hubio Automotive
twitter- Hubio Insurance
twitter- Hubio Fleet
********************************************************
December 2015
The Himex, QETS and QSI companies will be brought together to form Hubio, a new brand combining our B2B, insurance focused, technology businesses. Hubio will operate under one management, offering integrated solutions for customers in the insurance, auto, and related sectors.

Hubio’s technologies will enable and empower our customers to achieve greater consumer engagement and improved profitability. This technology portfolio ranges from consumer apps, through to OBD and box based telematics to award winning claims software.

Hubio will be launched in January 2016 and, until then, Himex, QETS and QSI will continue to operate under their existing brands.

pt Health

pt Health is a national healthcare company that owns and operates physical rehabilitation clinics across Canada. From large cities to small communities, pt Health takes pride in delivering quality services in a compassionate and patient-centred atmosphere that is focused on providing recovery solutions for our patients.

Richard King to return to helm of Ingenie

http://www.insurancetimes.co.uk/richard-king-to-return-to-helm-of-ingenie/1416608.article

Dear clients,

IG has been notified that on the 18th December 2015 Watchstone Group PLC will be paying a Return of Capital of 90 pence per share followed by a 1 for 10 stock consolidation. Clients are reminded that if they have non-guaranteed stops on their positions these are not adjusted for any Return of Capital. Therefore, you may wish to adjust your stops accordingly.

Please note that this information may be subject to change at any time.

ingenie


ingenie is an insurance brand focused on helping young drivers get on the road safely and affordably. Using telematics technology, ingenie gives its community feedback, advice and discounts to help them improve their driving skills and stay safe. The company was recently named Telematics Champion of the Year by the Insurance Times.





***********************************************
23rd May 2016 Launching: The ingenie Parent Manifesto
20th Apr 2016 ingenie published latest research on British driving behaviour
***********************************************
ingenie launches Parent Manifesto for learner drivers
June 2, 2016/in Company News

Last week, ingenie announced its Parent Manifesto, a robust series of activities that aims to educate parents on how to get more involved when their child is learning to drive, in order to complement the learning process and promote safer driving amongst young people. The manifesto will be made up of five stages released over the next few months – with each stage aiming to educate parents on another way they can help their child drive safely and save money.

The first of those, First Gear, encourages parents to be aware of just how influential they can be on their child’s driving style, before their child is even old enough to start lessons. ingenie surveyed one thousand 10 to 16-year-olds on their parents’ driving habits, and filmed 10-year-old James and 13-year-old Tania to investigate the driving behaviour they have learned from their parents.

When asked to do an impression of his dad driving, James talks on his mobile phone and then beeps the horn aggressively and shouts out the window, seemingly intimidating other drivers. Meanwhile, Tania says when her mum is driving: “She’s putting her lipstick on, looking at her phone.” Both sets of parents, who were watching the live interview, expressed their shock at their kids’ impression of their conduct and how much they were taking in on journeys. The full interview can be found here: https://www.ingenie.com/parents-guide/first-gear-drive-how-you-want-your-child-to-drive

Richard King, ingenie CEO, said: “The results reveal that we are teaching children bad driving habits long before they start lessons and subsequently pass their test. Parents need to understand the importance of setting a good example behind the wheel and be aware of the amount of information that children absorb. How we drive as parents ultimately influences how safely our children will drive in the future.”

The next four gears in the Parent Manifesto will be released over the coming months – bringing to life ingenie’s advice to parents:

Parent Manifesto – Five Gears

First Gear: Demonstrate good road safety and attitude in your own driving, even while children are small.

Second Gear: Begin talking about road safety early and start hazard perception brain training before teenagers turn 17.

Third Gear: Be involved in choosing the right driving instructor. Parents should be part of a team: learner, instructor and parent.

Fourth Gear: Help with private practice to provide real-life experience of driving at different times of day, in traffic and in poor weather. It takes an average of 47 hours of lessons and 20 hours of private practice to pass.

Fifth Gear: Keep up the conversation about road safety beyond the test pass. Telematics, or black box insurance, monitors driving trends and provides regular driving feedback, in turn rewarding good driving by reducing the cost of insurance.

The aim of the Parent Manifesto is to educate parents on how important they are in the learning process. This belief is also supported by the Driving Standards Agency, which has stated that the average learner now needs around 47 hours with an instructor and a further 20 hours’ additional practice on the roads – where a parent’s input is vital.

For more information about ingenie’s Parent Manifesto, visit https://www.ingenie.com/parents-guide/category/ingenie-parent-manifesto

****A reminder****

Planned suspension of trading commencing 16 December 2015

Due to the gap between the record dates for the Return of Capital and the Consolidation, and because of the likely impact of the outcome of the Court Hearing on the share price of the Company, there is a risk of confusion in the market and volatility in the share price of the Company between the date of the Court Hearing and the Consolidation becoming effective. As a result, the Company has been granted its request that its Ordinary Shares be suspended from 7:30 am on Wednesday, 16 December 2015 (being the date of the Court Hearing) until the market opening on Monday, 21 December 2015 (“Suspension”).

The Suspension has been requested because:

1.the Court Hearing will take place during trading hours on Wednesday, 16 December 2015 and the Company is under an obligation to ensure that the market is updated in an orderly fashion which will not be possible where there is a Court hearing. The Company will, of course, announce the results of the Court Hearing without delay; and

2.if approved, due to legal filing requirements, in the absence of the Suspension, the Ordinary Shares would trade ex-entitlement to the Return of Capital (90p per Ordinary Share) for one trading day prior to the Consolidation becoming effect. In the absence of the Suspension, there was considered a risk of excessive volatility on Thursday, 17 December 2015 and, in particular, on Friday, 18 December 2015.

Assuming the Court approves the Reduction of Capital and Return of Capital, shareholders will receive 90p per Ordinary Share in cash and the Company would expect the Ordinary Shares to devalue by 90 pence per Ordinary Share before the 1 for 10 Consolidation takes place. Once the Consolidation takes effect on Monday, 21 December 2015, and without taking account of any other market movement in the value of the Ordinary Shares, the Consolidated Ordinary Shares will re-admit with a value per share of ten times the devalued price per Ordinary Share, with each Shareholder holding a tenth of his or her previous number of Ordinary Shares in the Company.

In the event that the Company’s proposals are rejected by the Court, the Company will request that its Ordinary Shares re-commence trading at the opening of the market on Thursday, 17 December 2015 and the Consolidation will not take place.

Should the Court hearing be adjourned, the Company will consult with Peel Hunt, its Nominated Adviser, as to whether to request trading in its Ordinary Shares should re-commence upon the decision of the Court following the adjournment or with immediate effect.


Suspension commences 7:30 a.m. on Wednesday 16 December 2015

http://www.watchstonegroup.com/results-of-general-meeting/

Temporary trading suspension

TEMPORARY SUSPENSION OF TRADING ON AIM

WATCHSTONE GROUP PLC

At the request of the company trading on AIM for the under-mentioned securities has been temporarily suspended from 16/12/2015 7:30am, pending an announcement

ORDINARY SHARES OF 15P EACH, FULLY PAID (BMTS9H8) (GB00BMTS9H89)

16 December 2015
Watchstone Group plc

("Watchstone" or the "Company")


Reduction of Capital and Return of Capital

The Company announces that the High Court of Justice in England and Wales has made an order approving the reduction of the Company's share capital under the Companies Act 2006. Details of the Reduction of Capital were set out in the circular to shareholders dated 9 November 2015 and the proposal was approved by shareholders at the General Meeting held on 26 November 2015. The order of the Court will be filed with Companies House on 18 December 2015, and the Reduction of Capital will become effective upon registration on the same day. The Return of Capital will also become effective on 18 December 2015.

Following approval of the Reduction of Capital and the Return of Capital and following shareholder approval of the Consolidation proposed at the General Meeting, the Consolidation will take place on 21 December 2015.

As planned and previously announced, trading in the Company's shares will remain temporarily suspended until the market opening on Monday, 21 December 2015. Upon the Consolidation taking place the existing Ordinary Shares of 1 pence each with ISIN GB00BMTS9H89 will be become Consolidated Ordinary Shares of 10 pence each with the new ISIN GB00BYNBFN51. The Consolidated Ordinary Shares will continue to trade on the AIM of the London Stock Exchange upon the suspension being lifted.

Updated Timetable of Events

Return of Capital Record Date-----------------------------------------------------------------6:00 p.m. on Thursday 17 December 2015

Registration of Court Order and Effective Date of Return of Capital-------------------------Friday 18 December 2015

Consolidation Record Date---------------------------------------------------------------------6:00 p.m. on Friday 18 December 2015

Suspension ends, Share Consolidation Effective and Consolidated Ordinary
Shares commence trading ex-entitlement to Return of Capital------------------------------8:00 a.m. on Monday 21 December 2015

Dispatch of cheques to Shareholders or Shareholders’ CREST accounts credited
(as appropriate) in respect of Return of Capital entitlements--------------------------------On or around 31 December 2015

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 21 December 2015.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

M&G Investments (Prudential)------------------2,916,666-----------------------6.42%
Beach Point Capital Management LLP-----------2,243,186-----------------------5.04%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.03%

Subtotal------------------------------------------7,465,235 ----------------------16.49%

Current total shares in issue 45,822,708 as at 21 December 2015 with none being held as treasury and 2.15% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950-------------------less than 0.01%

Subtotal---------------------------------------115,658-------------------less than 0.26%

http://www.watchstonegroup.com/investors/shareholder-information/

Director/PDMR Shareholding

Cheers, didn't see that...........

30 December 2015
Watchstone Group plc


Director/PDMR Shareholding

The Company was notified that Richard Rose (Non-executive Chairman) today acquired 100,000 ordinary shares of 10 pence each ("Ordinary Shares") at an average price of 257.879 pence per Ordinary Share.

http://www.moneyam.com/action/news/showArticle?id=5184362

Decided to plough mine back in......

Dispatch of cheques to Shareholders or Shareholders’ CREST accounts credited
(as appropriate) in respect of Return of Capital entitlements--------------------------------On or around 31 December 2015

For info - My money is now in my account.

I think I should have put my money back in too! For the sake of shareholders I won't buy any more just yet, the sp will tank if I do!

Disposal

Cheers skinny, looks like MAM haven't automated the News for WTG at least on the 'stockwatch' screen!

8 January 2016
Watchstone Group plc
("Watchstone" or the "Company" or the "Group"))

Disposal/Related Party Transaction

Watchstone (LON:WTG) announces that as part of a programme of actions to strategically focus the Group on its key growth areas, it has disposed of the Group's property and maintenance services businesses. The Company's subsidiary Brand Extension (UK) Limited ("BEL") has entered into an agreement to dispose of the entire issued share capital of B.E. Insulated (UK) Limited ("BEI") and Carbon Reduction Company (UK) Limited ("CRC") for a nominal consideration of £1 to The BE Smart Group Limited (a company owned by Ben Williams, a statutory director of BEI and CRC) ("Agreement"). Following the completion of this Agreement, the Group will cease to operate directly in the property and maintenance services sector.

BEI is predominantly a property insulation supply and installation business and CRC is a provider of property maintenance services. Since acquisition, the performance of both BEI and CRC has been below expectations due to recent unforeseeable changes to the market and, as a result, have been loss making. The businesses operate in markets where unexpected changes to government legislation in the funding of green, solar and other initiatives have substantially impacted trading and, in the view of the Board, the likely ongoing performance and prospects of the businesses.

The terms of the Agreement reflect the on-going cash losses and investment requirements of BEI and CRC. In deciding to dispose of these businesses for nominal consideration over closing them, the Directors were mindful, in particular, of BEI and CRC's 62 employees, its creditors and other liabilities.

The Board believes that the disposal will save the Company between £1.5 million to £2.0 million on an annualised basis. For BEI and CRC and their staff, it will allow the businesses to operate under a more appropriate ownership structure.

Taking all these factors into account, the Directors have concluded that the disposal is in the best interests of all stakeholders.

The Agreement is a related party transaction pursuant to the AIM Rules for Companies as Ben Williams is a director of BEI and CRC.

For the period ended 30 September 2014, the profits of BEI and CRC were approximately £1 million. BEL acquired the 50% of the issued share capital it did not own in BEI and the entire issued share capital of CRC from Ben Williams in March 2015.

The Directors consider, having consulted with the Company's nominated adviser, Peel Hunt LLP, that the terms of the Agreement are fair and reasonable insofar as the Company's shareholders are concerned. The Agreement does not impact the historic warranties and indemnities given by Ben Williams in March 2015 in respect of the acquisition of 50% of BEI and the entire share capital of CRC.

The Group is expected to recognise an overall loss on disposal of approximately £4.2 million for the year ended 31 December 2015, some £4.3 million of this will comprise goodwill which has already been impaired in the first half of 2015 with the balance of approximately £0.1 million representing a small net profit on disposal of the remaining net assets disposed of.

Indro Mukerjee, Group Chief Executive Officer, said: "The strong focus on quickly addressing losses is central to our work and we've been making good progress overall. We've acted with integrity and speed to realise significant cost savings, while removing liabilities and enabling us to continue with the further work on the transformation of Watchstone"

http://www.moneyam.com/action/news/showArticle?id=5189308

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 15 January 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

M&G Investments (Prudential)------------------2,916,666-----------------------6.35%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.02%
Beach Point Capital Management LLP-----------2,243,186-----------------------4.88%

Subtotal------------------------------------------7,465,235 ----------------------16.24%


Current total shares in issue 45,963,333 as at 15 January 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).


Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

http://www.watchstonegroup.com/investors/shareholder-information/

Hubio

Hubio provides integrated solutions to help organizations in the insurance and automotive sectors increase efficiency, reduce claims, build customer engagement and enable usage-based personalization.

Through the innovative use of telematics, UBI, mobile, gamification and enterprise technologies, Hubio is bringing new levels of data-driven insights to the insurance and automotive industries, while challenging and redefining established business models.

Hubio was formed to be a best-in-class solutions provider, bringing together several industry-leading technology and service businesses. As one organization, we are uniquely placed to deliver and support true end-to-end solutions.

Are there any profit projections?

At just over £100m market capital, their cash and near cash is double that!

I bought at 95.5p before Christmas.........After the 90p return my 45p investment is now WOW!

Watchstone Group Outline Strategy (Video)
27th January 2016

THE FUTURE OF AUTO INSURANCE:
DRIVEN BY INSIGHT

http://hubio.com/hub-content/uploads/2016/01/Hubio_Infographic_Insurance_final.pdf

Disposal/Related Party Transaction


Watchstone (LON:WTG) announces that as part of its continuing programme of actions to strategically focus the Group on key growth areas, it has entered into an agreement to dispose of the entire issued share capital of Quintica Holdings Limited ("Quintica"), a reseller and integrator of software to the telecoms industries, to Quintica International Holdings Inc ("QIH") (a company owned by Charles Osburn, a statutory director of Quintica) for approximately £1.35 million (the "Agreement"). In addition, Watchstone will be entitled to additional consideration in the event that Quintica is disposed of (in whole or part) by QIH in the year following completion of the transaction.

For the year ended 31 December 2015, Quintica recorded an unaudited loss before tax of approximately £1.9 million (2014: £2.1 million loss).

Following a review of the business by the Board, it was concluded that Quintica was non core, as it does not fit with the Group's current strategy and focus and due to its historical performance and associated cash funding requirements. Against that backdrop, the Board believes a disposal is in the best interest of the Group.

Under the Agreement, the Group will receive £1 million cash (£500,000 payable immediately and £500,000 due by 1 January 2017), plus the repayment of intra-company debt of US$500,000 (approximately £350,000).

The Agreement is a related party transaction pursuant to the AIM Rules for Companies as Charles Osburn is a director of Quintica.

The Board considers, having consulted with the Company's nominated adviser, Peel Hunt LLP, that the terms of the Agreement are fair and reasonable insofar as the Company's shareholders are concerned.

When Quintica was acquired in September 2012, the consideration was largely satisfied in Ordinary Shares in the Company, giving rise to goodwill of £5.9 million. The Group is expected to recognise an overall loss on the disposal of Quintica of approximately £5.7 million for the year ended 31 December 2015, due to goodwill impairment. This impairment would have been recognised irrespective of the disposal.

Telematics policies grow in popularity by 40%
14th March 2016

The British Insurance Brokers' Association has reported a 40% rise in the number of telematics policies. The news arrives on the same day we hear rumblings about a potential rise in Insurance Premium Tax - yes, the same IPT that was raised by 3.5% back in November 2015.

Thumbs up for the rise of telematics

It's happening. Well - it's actually happened. Telematics is now a mainstream choice for young drivers. With the number of drivers insuring with a black box rising by 40% in the last year overall, older drivers are clearly beginning to realise they can benefit too.

When we were thinking up ingenie, we were faced with quite a few raised eyebrows. Nearly 5 years after launching the brand, I think those have turned into raised glasses. We were right: telematics is the best way to get more affordable insurance. All you have to do is drive properly - so simple.

From the latest figures, ingenie now has around a 10% share of the telematics market, and we've reduced the risk of crashing in our growing community by 40% compared with national average. We're incredibly proud of those numbers.

https://www.ingenie.com/blog/2016/03/telematics-policies-grow-in-popularity-by-40

http://www.autoexpress.co.uk/car-news/consumer-news/94860/uk-sees-40-rise-in-black-box-telematics-car-insurance-policies

http://moneyfacts.co.uk/news/car-insurance/growth-in-telematics-car-insurance-policies/

Pretty sure this never got flagged up on 'Stockwatch' yesterday:

21 March 2016
Watchstone Group plc

Management Incentive and Retention Plan

Watchstone (LON:WTG) announces that it has implemented a new management incentive and retention plan ("Plan"), adopted by the Board on the recommendation of the Company's Remuneration Committee following independent external advice and consultation with major shareholders. Grants under the Plan have been made to a number of key executives none of whom are members of the Company's Remuneration Committee ("Participants"). The Board (excluding any Participants) believes that the Plan is in the best interests of the Company and its shareholders.

Richard Rose, Non-executive Chairman said; "After taking extensive advice and following consultation with shareholders, we have designed an executive incentive plan that is rooted in the creation of value for all shareholders. The Plan recognises the Group's complex history and its diverse nature following the disposal of the Professional Services Division. Against this backdrop, the Board decided to implement a cash-based scheme, focussed on delivering growth in the value of the Company's operating businesses going forward without penalising, or enhancing returns for, management in respect of historic matters. Accordingly, the Board will not grant share options to the Participants."

http://www.moneyam.com/action/news/showArticle?id=5250175

**************************************************

InnoCare Launched as First of Its Kind Technology-Enabled Clinic Management Software Platform and Business Process Services
April 04, 2016 06:00 AM Eastern Daylight Time

HAMILTON, Ontario--(BUSINESS WIRE)--Watchstone Group plc (“Watchstone”) is pleased to announce the launch of InnoCare Ltd. (www.innocare.ca) (“InnoCare”) which is being spun out of Watchstone’s leading Canadian physiotherapy business, pt Healthcare Solutions Corp (“pt Health”).


“We have invested heavily in the development of our clinic management platform and we’ve proven its success in pt Health’s clinics. We can now bring to market the most comprehensive clinic management suite of solutions to the wider healthcare market across Canada and North America.”

InnoCare’s proprietary clinic management software platform and call centre customer service operations combined with its established industry expertise will enable clinic owners to transform patient experience and operate more efficient and productive practices in the growing North American healthcare market.

InnoCare has developed a range of cloud based, software as a service products as well as business process outsourcing modules, which include:

• Advanced online booking and client self-booking options that are proven to drive lead generation and increase client satisfaction;
• Data analytics and intelligent reporting capability to support patient treatment, enhance practice management, and provide objective visibility into business operation;
• Optimized schedule management tools, allowing clinics to more effectively fill excess capacity;
• Call centre operations that increase communication with clients and clinicians by extending personalized customer service hours to 90 hours per week; and
• Billing and payroll services that reduce administrative requirements significantly, creating operational efficiencies and better financial control.

A tailored package of services is available to suit individual clinicians as well as larger practices. These modular products are mobile enabled, fully configurable, and this will enable them to rapidly enhance their clinic operations and scale their practices.

InnoCare’s proven technology already powers 230 clinics across Canada treating 5,000 patients each day and delivering a 96% patient satisfaction score.

InnoCare will now develop customers throughout the healthcare industry (physiotherapists, opticians, doctors and other clinic types) across both Canada and the USA.

"Technology innovation is changing the way healthcare is delivered and how the industry optimizes their operations. Cloud based platforms allow clinics of all types to deliver a more connected, personalized and improved customer experience. Such optimization tools will give partner clinics significant competitive advantage in this evolving marketplace”. says Wayne Ingram, Managing Director, Slalom Consulting Canada, a leading Customer Experience and Technology Consultancy.

Heather Shantora, CEO of InnoCare said: “We have invested heavily in the development of our clinic management platform and we’ve proven its success in pt Health’s clinics. We can now bring to market the most comprehensive clinic management suite of solutions to the wider healthcare market across Canada and North America.”

Indro Mukerjee, Group CEO of Watchstone said: “The launch of InnoCare as a separate company will allow it the freedom to maximize the vast opportunity in the healthcare technology market whilst pt Health continues to do what it does best – serving patients and customers. Under Heather’s leadership, we are building one of the largest physiotherapy businesses in Canada and now make our market leading healthcare technology platform available to the wider market across North America. Our pt Health clinics will continue to deliver front line services to patients and will remain a trusted provider to thousands of consumers each day.”

http://www.businesswire.com/news/financialpost/20160404005365/en/InnoCare-Launched-Kind-Technology-Enabled-Clinic-Management-Software

Statement re Share Price Movement

Watchstone (LON:WTG) notes the recent share price rise and can confirm that the Company has recently received a draft and highly conditional, non-cash proposal from a private company (the "Draft Proposal") for all of the assets (but excluding the actual and contingent liabilities) of the Group. The Board has rejected the Draft Proposal as being unworkeable but the correspondence may or may not lead to a further proposal being made to the Company.

The Company will provide more information as and when appropriate.

There is a new (new to me anyway) section on the WTG homepage 'Latest News & Updates' which was updated 7th April giving details on InnoCare Ltd, Hubio, Business Advisory Service and ingenie:

http://www.watchstonegroup.com/

InnoCare

Leveraging research, resources, and substantial experience in clinic management, InnoCare is an innovative health tech company that provides software as a service and business process outsourcing for clinic owners. InnoCare’s proprietory clinic management software platform and call centre customer service operations combined with its established industry expertise enables clinic owners to transform patient experience and operate more efficient and productive practices in the growing North American healthcare market.

****************************************************
InnoCare attends Canadian Physiotherapy Association Congress
June 2, 2016/in Company News by watchstonegroup


InnoCare was a featured exhibitor at the highly anticipated Canadian Physiotherapy Association (CPA) Congress that took place from May 26 – 28 in Victoria, British Columbia. CPA is the largest professional physiotherapy association in Canada, with over 14,000 members who are all rehabilitation professionals dedicated to the health, mobility and fitness of Canadians.

The event, which was attended by over 1,000 practising physiotherapists from every province in Canada, was an ideal setting for the team to meet clients and showcase InnoCare Software.

InnoCare CEO, Heather Shantora, also spoke with delegates at the event about the future of technology in healthcare and the evolution of patient care in the digital age.





****************************************************

InnoCare showcases innovative clinic management technology solutions at the OPA InterAction conference
April 20, 2016



InnoCare marked the end of an exciting national launch week with a highly successful debut at the Ontario Physiotherapy Association (OPA) InterAction conference from 9-10th April in Toronto, Canada. The OPA is responsible for implementing innovation and strategic direction for the profession of physiotherapy in the province of Ontario.

Exhibiting for an audience of hundreds of practicing physiotherapists in the private and public sector, InnoCare’s complete practice management solution – which includes proprietary cloud-based practice management software and a comprehensive suite of back office administration services – emerged as a clear market enabler.

Already used in 230 clinics across Canada, InnoCare is transforming how independent clinic owners approach practice management. “InnoCare allows clinicians to effortlessly streamline clinic operations so that they can focus on their patients”, says Heather Shantora, CEO of InnoCare. “We’re the first company in Canada to do this and we’re looking forward to bringing InnoCare to market.”

InnoCare will be an exhibitor at the Canadian Physiotherapy Association conference in British Columbia from 26–28th May.

For more information on InnoCare, please visit www.innocare.ca

InnoCare CEO Heather Shantora speaks at technology innovation event
May 4, 2016 in Company News


InnoCare CEO Heather Shantora attended RehabTO technology innovation and collaboration event at Ryerson University in Toronto.

Heather spoke to a large audience of health practitioners, independent clinic owners, and health technology advocates at the RehabTO “Meet Up” event at Ryerson University’s DMZ facility. Ryerson’s DMZ facility is Canada’s largest university based business incubator for emerging tech companies, ranking first in North America and third in the world. The RehabTO event was an ideal setting for Heather to connect directly with a large group of stakeholders and for the InnoCare new business team to demo and showcase InnoCare Software.

InnoCare is the first Canadian company to provide clinic owners with the ability to focus solely on patient care. By providing call centre services and removing the burden of administrative functions such as billing, payroll, marketing, and HR, InnoCare’s business outsource offerings enhance customer service and improve the patient experience.

In particular, InnoCare Software’s unique integrations with health and motor vehicle insurance carrier billing portals were met with enthusiasm by attendees. As the only software platform with these billing integrations in Canada, InnoCare is emerging as a clear market leader with a strong and unique value proposition for clinic owners in the Canadian rehabilitation market.

For more information on InnoCare, please visit www.innocare.ca

ingenie attends third annual Young Driver Focus forum
May 4, 2016 in Company News

ingenie attended the Young Driver Focus forum recently held at the RAC club in central London. This was a very well attended event with over 200 delegates from local councils, road safety charities, driver behaviour psychologists, researchers, major players in telematics insurance and the emergency services. ingenie CEO Richard King took part in a 20 minute Q&A session with Nick Rawlings of Road Safety GB during which he dispelled a number of myths around telematics.

Read ingenie’s blog here

To find out more about ingenie, please visit www.ingenie.com

Hubio provides insight at the TU-Automotive Connected Car Insurance event
May 4, 2016 in Company News


Hubio’s presence at this leading European connected car insurance event recently held in London has received positive feedback from both delegates and organisers alike.

The event was well attended by the automotive insurance sector, with around 400 people present as Watchstone Group plc CEO, Indro Mukerjee, made his keynote speech on telematics’ move from disruptor to enabler.

Matteo Carbone, Principal, Bain & Company, moderated the technology and innovation panel, IoT is redefining every industry. Indro was joined on the stage by Jacques Amselem, Head of IoT, Allianz and Roberto Polli, Head of Insurance Telematics, Vodafone Automotive.

For more information on Indro’s keynote speech and coverage of the event, visit TU-Automotive’s website.

For more information on Hubio, please visit www.hubio.com

You got high hopes for these Banjo ? .

VICTIM, I got badly burnt from QPP so 'high hopes' indeed!

Watchstone do appear to be heading in the right direction, restructuring into a company with clear goals but still early days possibly?

I've only got a small number , after the special divi thing got my money back .

Highlighting the Canada launch last month:

InnoCare clinic management suite launched in Canada
May 11, 2016

The UK-based Watchstone Group recently announced the launch of InnoCare Ltd., a spin-off out of Watchstone’s leading Canadian physiotherapy business, pt Healthcare Solutions Corp (pt Health) based in Hamilton. InnoCare’s proprietary clinic management software platform and call centre customer service operations, combined with its established industry expertise will enable clinic owners to transform patient experience and operate more efficient and productive practices in the growing North American healthcare market.

Heather Shantora (pictured), CEO of InnoCare said: “We have invested heavily in the development of our clinic management platform and we’ve proven its success in pt Health’s clinics. We can now bring to market the most comprehensive clinic management suite of solutions to the wider healthcare market across Canada and North America.”

A tailored package of services is available to suit individual clinicians as well as larger practices. These modular products are mobile enabled, fully configurable, and this will enable them to rapidly enhance their clinic operations and scale their practices.

InnoCare’s proven technology already powers 230 clinics across Canada treating 5,000 patients each day and delivering a 96% patient satisfaction score.

InnoCare will now develop customers throughout the healthcare industry (physiotherapists, opticians, doctors and other clinic types) across both Canada and the USA.

InnoCare has developed a range of cloud-based, software as a service products as well as business process outsourcing modules, which include:

• Advanced online booking and client self-booking options that are proven to drive lead generation and increase client satisfaction;

• Data analytics and intelligent reporting capability to support patient treatment, enhance practice management, and provide objective visibility into business operation;

• Optimized schedule management tools, allowing clinics to more effectively fill excess capacity;

• Call centre operations that increase communication with clients and clinicians by extending personalized customer service hours to 90 hours per week; and

• Billing and payroll services that reduce administrative requirements significantly, creating operational efficiencies and better financial control.

“Technology innovation is changing the way healthcare is delivered and how the industry optimizes their operations.

Cloud-based platforms allow clinics of all types to deliver a more connected, personalized and improved customer experience. Such optimization tools will give partner clinics significant competitive advantage in this evolving marketplace,” says Wayne Ingram, managing director of Slalom Consulting Canada, a leading customer experience and technology consultancy.

Hubio CEO to chair TINtech conference
May 20, 2016/in Company News

At Hubio we are focused on enabling a technology and data-led future for insurance and automotive sectors. We will be showcasing our solutions at TINtech, the UK’s leading insurance technology strategy conference.

Watchstone Group plc & Hubio CEO, Indro Mukerjee, will be chairing the event, where the hot topics will include InsurTech and human versus digital in the changing insurance landscape.

The conference will take place on 14 June at Grand Connaught Rooms, London.

For more information on the programme and scope of the event, visit TINtech’s website.

For more information on Hubio, please visit www.hubio.com

Connected Car Platform | Hubio
Published on May 23, 2016


Hubio's Automotive Solutions deliver meaningful consumer engagement and interaction – with telematics-based services for connecting vehicles and driver community development.

For the first time ever, Post's hugely-popular conferences - Motor Claims and Insurance Telematics will come together under one roof for one super charged event designed to address the challenges shaping motor insurance in 2016 and beyond.

Post's Motor Insurance World taking place on 25 May at the Double Tree Hilton Hotel in Milton Keynes, is an exciting new event that fuses up to the minute content from the industry's leading speakers with a bustling exhibition space for inspiring innovation.

Committed to serving our insurer community, this event will cover motor claims, underwriting and insurance telematics to provide delegates with a one-stop shop for all things motor.

If you attend just one motor event this year, make it this one!

http://www.motorinsuranceworld.co.uk/

hubio sharing a stand with Tech Mahindra:



https://twitter.com/louiserobertson

EDIT:

Hubio Insurance ‏@hubioinsurance · 2h hours ago

Our Insurance Strategy Director, @_NeilThomson is at #PostMotor. Chat to him on @tech_mahindra 's stand about #UBI

https://twitter.com/hubioinsurance

Usage-based insurance (UBI) product demo | Hubio
Published on May 25, 2016

Hubio’s end-to-end insurance technology solutions are changing the game for insurers and automotive organisations. Watch to see how our modular solutions would work for you.

Business Advisory Service Ltd (BAS) is one of the UK’s largest energy switching brokerages and employs over 280 energy experts in the UK and South Africa.

Since 2006, we have helped more than 35,000 UK businesses switch their energy providers and saved a total of £42 million. We provide a range of energy, water and waste services and work closely with the UK’s top providers to find the most cost effective solutions to our clients and secure the best rates available on the market.


*****************************************************


TELCA 2016 Business Person of the Year shortlist (The Energy Live Consultancy Awards)

Energy Live News is pleased to announce the shortlist for Business Person of the Year. The following people have been shortlisted:

Nick Proctor, Amber Energy

Chris Shaw, Business Advisory Service

Kelly Ivison, Exchange Utility

Emily Groves, Indigo Swan

Peter Kirkham, Smart Utility Management

Gerard Duggan, Utilitrack

James Longley, Utility Bidder

Graham Cooke, Zenergi

The winner will be announced on 30th June at the awards ceremony held at the Honourable Artillery Company.

http://www.energylivenews.com/telca-2016-shortlist/

Hubio, the usage based insurance technology company owned by Watchstone Group has teamed up with Indian carmaker Mahindra to offer telematics-based insurance services.

http://www.newslocker.com/en-uk/profession/insurance/ex-quindell-unit-hubio-teams-up-with-indian-carmaker-mahindra/view/

SEE POST 41

27 May 2016
Watchstone Group plc
("Watchstone" or the "Company" or the "Group")

Results for the year ended 31 December 2015

Watchstone (AIM:WTG.L) today announces its results for the year ended 31 December 2015, a period of radical change for the Group.

Financial summary:

· Underlying* business revenues steady at £58.3m (2014: £56.5m)

· Underlying EBITDA loss of £16.1m (2014: loss of £16.8m)

· Disposal of the Professional Services Division generated a profit of £494.3m

· Impairment of goodwill and other intangible and non-cash assets - total charge of £113.5m (2014: £129.1m). Further details of the impairments can be found in notes 6 and 7 to the financial information in this announcement

· Total profit after tax £274.9m (2014: loss of £374.5m)

· Group net assets (excluding contingent liabilities) of £137.1m representing approximately 297 pence per share following capital return of £411.9m

· Group cash at 31 December 2015 of £103.2m including £97.6m in the Company. Group cash of £93.1m (unaudited) as at 20 May 2016 including cash in the Company of £86.9m (unaudited) with a further £50.0m (unaudited) in escrow.

* Underlying includes ptHealth, Hubio, Ingenie, BAS, Maine Finance and Central

Operational highlights:

· Disposal of the Professional Services Division for £645m plus deferred contingent consideration completed in May 2015

· Court approved capital return of 90 pence per ordinary share completed in December 2015

· New Group CEO and Board in place which has brought stability and started to rebuild investor confidence

· Substantial work completed and on-going to simplify the Group, reduce the Group's losses and build the platform to deliver the best possible shareholder value from all the Group's operational and other assets

· Clear strategy and plan for all Group businesses - energetically pursuing opportunities and robustly dealing with challenges

Current trading (unaudited):

· Overall trading is in line with expectations with some good momentum in ptHealth, ingenie and BAS

· ptHealth has had a solid start to the year

o Unaudited revenue of £6.6m in Q1 2016 (an increase of 4.4% vs. Q1 2015 (excluding exchange rate fluctuations) from a reduced number of clinics)

o Average revenue per clinic up 12% in Q1 2016 compared to the same period in 2015

o Assessment and treatment numbers have increased by 11% and 7% respectively during the same period

o Launch of InnoCare as a spin out of ptHealth

· ingenie performing strongly in Q1 2016

o Gross Written Premium up 23% to £20.7m in Q1 2016 (Q1 2015: £16.8m)

o Policies written up 19% to 10,706 in Q1 2016 (Q1 2015: 8,985)

o Approximately 39,700 policies in force at 31 March 2016 (31 March 2015: 34,515)

· Hubio stable but historic growth expectations proven to be unrealistic- business being reshaped in line with market opportunities

o Unaudited Q1 2016 revenue of £4.3m (Q1 2015: £4.1m)

o Active devices as at 30 April 2016 was 38,631, 77% more than at 30 April 2015 this was largely recovering from technical issues with a large customer in the US

· BAS is now cash generative whilst work continues to improve Maine Finance and quotesupermarket.com

o Unaudited BAS revenues for Q1 2016 of £0.8m, an increase of 21% on the same period in 2015 and the business is now cash generative

o Unaudited Q1 2016 total revenue for Maine Finance and quotesupermarket.com was £0.4m (Q1 2015: £0.5m)

http://www.moneyam.com/action/news/showArticle?id=5349631

Results for the year ended 31 December 2015 (continued)

Indro Mukerjee, Group Chief Executive Officer said: "Even taking the legacy, non-operational matters to one side, the Group I joined in September 2015 was disproportionately complex and needed operational improvement. At the same time, I have found a number of good examples of advanced technology capabilities; capable people; and healthy market positions across our operating companies.

I believe we have made strong progress towards our key objectives in the last three quarters and there is demonstrable momentum in our ptHealth/InnoCare, ingenie and BAS businesses with a strong determination to continue to set Hubio and Maine Finance/QSM on paths to maximise their potential."

Richard Rose, Non-executive Chairman said: "I am very pleased with the significant progress the Group has made over the course of the last twelve months. The new Board has successfully refocused the Group's strategic priorities while drawing a line under the past by working tirelessly to deliver the highest standards of corporate governance.

The sale of our legal services business and the significant return of value to investors marked the start of rebuilding shareholder confidence and we are confident of continuing to deliver value. Watchstone now has solid foundations on which to build further and the Board and the management team are committed to maximising the potential of the remaining businesses."

The Annual Report and Accounts for the year ended 31 December 2015, Notice of the Annual General Meeting ("AGM") and a Form of Proxy will be posted to registered shareholders.

The AGM is to be held at 10.00am on 30 June 2016 at Plaza Suites 1 - 3, 200 Westminster Bridge Road, London SE1 7UT. Following the AGM, there will be a product demonstration and showcase from the Group's companies.

These results have been extracted from the Annual Report and Accounts for the year ended 31 December 2015, a full version of which is available at www.watchstonegroup.com/investors.

http://www.moneyam.com/action/news/showArticle?id=5349631

From the WTG website:

Announcement

Report

Presentation


Webcast/Video

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 24 May 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------4,001,335-----------------------8.69%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------9,223,384 ----------------------20.04%


Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

http://www.watchstonegroup.com/investors/shareholder-information/

Hubio takes expert soundings

Hubio launched earlier this year. As part of our strategic development Hubio has been active in consulting with, and showcasing our products to, a number of leading consultants and analysts in a bid to capture their expertise and understand the zeitgeist in the sectors we operate in.

This learning mindset has led to some important insights into the marketplace today. These have enabled us to adapt and add to our solutions and products in a way that accurately reflects and meets the needs of our customers and sets the scene for our continued relevance and preparedness for the future.

Previously, the research and consulting firm Celent outlined a scenario whereby the market for auto insurance could shrink dramatically as a result of improved road safety through telematics, anti-collision technologies and driverless cars. Celent’s Jamie MacGregor recently remarked: “Today, this scenario is fast becoming a reality. Insurance carriers operating in this market need a cost effective solution that is able to flex with demand, offer insight around driver behaviour, and deliver a compelling driver proposition. In launching Hubio, the Watchstone Group has created a technology services company to focus on navigating the change ahead.”

Paul Anderson of Gartner, a leading technology research and advisory company, commented: “Through a strategic partnership with Gartner, Hubio is able to align their solutions to market demands now and in the future by inspiring their development teams to conceive breakthrough ideas. Strategic decisions are validated to determine where Hubio should go next from a product, geography and market perspective.”

Participating in industry events and mixing with our peers and competitors is another avenue Hubio is exploiting to further our knowledge and increase our visibility.

Indro Mukerjee, CEO, Watchstone Group PLC, has spoken about Hubio at a number of events, as have senior colleagues. Our participation in public forums has provided us with a valuable platform for the presentation and exchange of ideas in this fast-moving and fast-changing landscape. Andrew Pym, Head of Insurance, TU-Automotive, confirmed this, saying: “It is clear that Hubio understands the need for insurers to be prepared for change. Indro has positioned Hubio to bring new, flexible, technology equipped for the future changing demands of the industry.”


Through our presence, be that as keynote speakers, panellists or delegates, we have established relevant relationships with other players, allowing for a frank and valuable interchange of ideas as evidenced in the words of William Hawkins of KBW: “Indro’s presentation at KBW’s European insurance technology conference was thought-provoking and inspiring. We think there is everything to play for between incumbents and newcomers to the insurance value chain. Hubio was presented as a model that blends industry and technology expertise to partner with insurers to win in the new industry landscape.”

Hubio continues to explore and adapt whilst partnering with our customers to deliver outstanding service and an unparalleled consumer experience, anticipating future needs. Nurturing our existing relationships and forging new ones – with customers, partners, thought leaders and experts – will be an integral part of our ongoing journey.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Dialectic Capital Management, LP taken 2,307,438 (5.012%)

http://www.moneyam.com/action/news/showArticle?id=5353288

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 02 June 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------4,001,335-----------------------8.69%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------11,530,822----------------------25.05%


Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

http://www.watchstonegroup.com/investors/shareholder-information/

News & Updates

The future of managing claims

There’s no secret about what consumers want from their insurance providers: rapid, efficient service tailored to individual needs. However they also want the lowest possible premiums, so insurers have traditionally had to strike a balance between investing in customer service resource and keeping prices low.

That was in the past. New technology offers insurers the opportunity to provide customers with levels of service that would have been unimaginable just five years ago.

What customers will expect from insurers

Modern consumers have higher expectations of responsiveness from their insurers. The impact of the digital world including social media, online commerce and the continued growth in smartphone usage means that people want to be able to carry out a task when they wish and in the manner they wish. Delays and being kept on hold are less and less acceptable in this ‘always-on’ environment.

Claims handling in the future

Imagine being available for your customers whenever and wherever they need you, without delay. Today’s claims teams are always racing to improve effectiveness and efficiency: whether it’s answering calls, entering claim details or assessing settlement options, if claim volumes are high then response times will suffer.

Telematics enable insurers to know about customers’ road accidents the instant they occur. The customer can use an app to select a local repairer to attend the scene or call a breakdown service. The system will log the location of the incident, weather conditions and other important information. If the incident is much more serious and the customer is not responsive, the system can even call the emergency services to attend the scene.

Meanwhile, claims will also be processed more smoothly because the customer will be able to input details and engage with the insurer directly through a web app on their personal device or mobile. If the customer prefers to provide information by telephone, a call script can be generated in response to the information already gathered about the incident.

Insurers are already embracing the added value that telematics has to offer. According to a recent study by the British Insurance Brokers’ Association (BIBA), the number of live telematics-based motor insurance policies have increased by 40% in just one year.

How Hubio can help

Using our award-winning claims technology, Hubio’s products allow customers to report and track their own claims easily via the web. For customers, this provides the instant engagement they want, while for insurers it reduces inbound call traffic and cuts operating costs. Our speed of implementation proves to be a real plus, particularly due to the rapid ‘Return on Investment’ received as a response.

In addition, Hubio systems offer excellent control and overview for insurers. Systems can be trialled and deployed rapidly and regulatory performance can be monitored at the click of a button. Claims handling staff are freed to concentrate on using their skills to negotiate claims settlement and deliver excellent customer service rather than inputting data, improving overall job satisfaction. You will also have a system with in-built analytics reporting which can give you invaluable information about emerging trends.

Today’s insurance industry is more complex than ever, with multiple platforms and technologies. Our built-in configurability empowers your business users to adapt and modify the way they work as the market changes around them, while our digital and omni-channel functionality ensures maximum efficiency along the way.

Come and say hello

Why not catch up with Hubio at the TINtech Insurance Network Technology Conference on 14 June 2016? We’ll be on stand 25 in the Grand Connaught Rooms, London and would love to talk to you about how telematics can improve your customer service.

Three ways usage-based insurance (UBI) can improve underwriting accuracy

Underwriting is evolving. Traditionally, insurance risks have been calculated on accident rates, driving records, vehicle type, postcode and age. Customer expectations are now shifting. They are looking for more personalised premiums that are based specifically on their driving behaviour, not just generic sector information. The time for a more insightful, real-time and accurate assessment of drivers is upon us. ‘Pay As You Drive’ is out – ‘Pay How You Drive’ is in.

According to research by the British Insurance Brokers’ Association (BIBA), the number of live telematics-based motor insurance policies, including black box policies, in January 2016 had increased by 40% compared to the previous year. Uptake is accelerating, so what are the risks of sticking with tradition?

Non-UBI strategies perpetuate inaccurate underwriting performance, administration inefficiencies, claims leakage and even heighten the chance for fraudulent claims. Legacy technology is not only stifling agility and responsiveness of claims teams, but it is also slowing down decision-making and impacting customer service. In turn, this leads to poor customer retention and dwindling loyalty.

What’s more, regulatory regimes are so rigorous, this can leave insurers prone to reputational damage if they do not have robust systems and process-based safeguards in place.

3 ways UBI boosts underwriting accuracy

There are numerous ways in which UBI improves underwriting accuracy, but three of the most important are…

1.Full transparency of premium breakdowns

UBI data enables you to see and show exactly what customer behaviours and factors are affecting the premium and what may cause it to fluctuate.

2.Onscreen pricing

By having a clear understanding of customer behaviour, insurers can help them to realise the risks so they can buy the most appropriate – and most proportionate – cover for their circumstances. When it comes to premium prices, think ‘one size fits me’ not ‘one size fits all’.

3.Real-time rate changes

The provision of real-time rate changes allows underwriters to base premium on actual risk, instead of on generic, average risk. Accuracy is all about precision, and timeliness plays a huge part in this. UBI enables you to immediately see where rates are changing so you can manage them more effectively.

How else does UBI help?

UBI provides insurers with the perfect reason to engage regularly with their customer base. This unprecedented level of interaction has the ability to transform the relationship from necessity to one of mutual benefit, which in turn encourages the purchase of additional services and products at the point of need.

UBI is also a driver for accident reduction. According to research by RAC Business, more than half (52%) of the 500 UK businesses surveyed revealed the use of black box technology had resulted in a reduced number of collisions, while 58% had witnessed a decrease in speeding incidents and fines. Businesses are benefitting from UBI in other areas too, with more than two fifths (43%) saying their duty of care policies were supported by the use of telematics, and more than one in 10 (11%) revealed the installation of telematics had decreased insurance premiums.

We’re taking UBI to the next level, enabling true end-to-end UBI via easy integration of driver connectivity and telematics to your administration systems. This provides you with full control of the data needed for your underwriting needs.

Looking to the future

Nielsen predicts that 90% of new cars will have on-board telematics technology as a standard by 2020. Going forward, the integration costs that are currently associated with telematics will drop even further. And as partnerships with telecom providers develop, telematics will advance to include additional functionality, such as geo-location, roadside assistance and vehicle diagnostics – all factors that will help drive underwriting accuracy even further.

2020 is also predicted to be a year of connectivity, with 20.8billion connected devices estimated by the end of the year – the equivalent of more than 2 devices for every human on earth. Cars are no exception, and with these connected cars will come built-in insurance monitoring and young driver behaviour tracking. Our infographic highlights this in more detail.

At Hubio, our core enterprise insurance suite (EIS) and usage-based insurance solutions can be implemented rapidly, allowing you as an underwriter to successfully compete both in today’s and tomorrow’s world. Our insurance software solutions enable you to streamline your processes, from policies to billing and rating, with integrated business intelligence and insurance analytics.

Want to learn more?

Come and chat more to the Hubio team about how UBI can have a positive effect on underwriting accuracy at the TINtech Insurance Network Technology Conference on 14 June 2016. We’ll be in the Grand Connaught Rooms, London and will be happy to discuss the benefits of UBI.

Interview: Indro Mukerjee, Watchstone (Part 1)
By Jonathan Swift | Interview | 1 June 2016


Against the backdrop of legal action and a fraud investigation, Jonathan Swift finds out how Indro Mukerjee is burying the Quindell past and focusing on the future.

Indro Mukerjee loves a sporting analogy. Indeed he loves analogies of all types.

Within minutes of the interview starting, the Watchstone CEO is belying his intellectual exterior by simulating how football goalkeepers play up for the cameras by making easy saves look harder as the Post photographer takes aim with his lens.

An avid Arsenal fan, Mukerjee continues to pepper the discussion with plenty of other comparisons to illustrate how he intends to turn the technology company formerly known as Quindell around, against a backdrop that includes the threat of legal action from disgruntled shareholders, a Serious Fraud Office investigation and media interest out of proportion to the size of the AIM-listed firm.

Asked why he took up a position in September 2015 that many may deem a poisoned chalice, Mukerjee responds: “When you open a quiz book, do you start at the beginning and work your way up to the more challenging tests? Or do you go to the end and look at the hardest thing first? I have a tendency to do the latter; so I like things that are quite challenging, and this fell into this category.”

The Watchstone board also played a significant role. Despite having only heard of the firm days before meeting chairman Richard Rose, and then digesting the full gory detail of the now infamous report by Gotham City Research, when he was introduced to the executive he says he felt an immediate connection.

“I had finished spinning out another company [splitting Plastic Logic into two firms, one focused on technology, the other manufacturing] and was looking to do something completely different. But a contact of a contact told me Quindell was running a process, and that I should talk to Richard.

“Of course, I was originally sceptical, and became more sceptical when I did the further reading – but I liked him a lot, felt he would be an excellent chairman and was inspired by the work he’d already done. I then met the rest of the board and was very impressed with them and the agenda that they had started too.”

http://postlive.dev.incisive.pro.pugpig.com/2016/06/01/interview-indro-mukerjee-watchstone/

Interview: Indro Mukerjee, Watchstone (Part 2)
By Jonathan Swift | Interview | 1 June 2016

Refocus on technology

When Mukerjee succeeded Robert Fielding as CEO, Watchstone had already disposed of its legal services division to Australian firm Slater & Gordon, and although it had refocused on its technology based properties, the firm was still mired in a run of bad press with its brand [then Quindell] frequently prefixed with words like ‘beleaguered’ and ‘troubled’.

However, contrary to external impressions, what struck him, was that the operational people within the business far from being low on morale, were up for the challenge of reviving the fortunes of the company, rather than being encumbered by the weight of the Quindell legacy.

“There definitely needed to be some repositioning and repurposing of some of the people here; but at the same time, it should be said that there was a lot of energy that made me excited about the potential. And the things they are doing now, they could do before I came, so all this stuff did not materialise because I am a software engineer,” Mukerjee adds, gearing up to launch into full analogy mode again.

“My role is to be the guy with the broom in a curling team that goes in front of the stone and sweeps away the stuff that prevents it from finding its target; and so I am chief broom sweeper, but they are the ones who have the brains and the know-how. I just have to give them the confidence to get where we need to succeed.”

When Mukerjee talks about the ‘stuff’ it is doing now, in insurance terms he is referring to the launch of its new brand Hubio earlier this year, which bought together three existing businesses IT-Freedom, Himex and Iter8 in Canada to create a business specialising in usage-based insurance and telematics.

He has also assembled a team to run the business, including former IT-Freedom director Andrew Passfield as chief product officer, who was already part of the business, and head of Automotive Andrew Betteley and insurance strategy director Neil Thomson, who are new to the business having joined from Autologic Diagnostics and SSP respectively.

Mukerjee says the Hubio team understand the “eco-system of the digital insurer” and how if insurers do not take steps to encourage “continuous engagement” with their customers from renewal to claim – and everything in between and after – they could find non-incumbents such as telcos eating their lunch.

“What we know is that there are non-insurers, that through their superior customer engagement techniques are entering the insurance market, including it as an offering alongside their other services,” he adds.

“So it is up to insurers to make sure that they don’t get caught out by [competitors] encroaching on their space, but to solidify themselves and work out how to broaden into other [complementary] spaces.”


Data analytics is very much the “new battleground,” in the telematics and UBI space, according to Mukerjee, who notes hardware fixed into a car is preferable in terms of data quality, while mobile has a distinct advantage in terms of price.

“Hardware is good for certain niches, such as young drivers, because of the larger premiums, but in the mass market it will [gravitate to] mobile phones, so the challenge is to ensure the data that you collect from a mobile phone is better than someone else’s.”

As such Mukerjee is confident Hubio has the tools to help insurers by offering them an end-to-end solution where customers can quote and buy, engage and even claim – on one mobile-compatible platform. And what’s more you can install it quickly, with the firm already recording implementation times of 15 weeks for the likes of Zenith and ERS, down to seven for the RAC. Timescales that are likely to prick the ears in many boardrooms.

“[Insurance] is a market where the technology is made more complicated than it needs to be and is often called a disruptor. But we are working to try and make technology easier to understand, which is why I prefer the term enabler,” Mukerjee continues.

http://postlive.dev.incisive.pro.pugpig.com/2016/06/01/interview-indro-mukerjee-watchstone/

Interview: Indro Mukerjee, Watchstone (Part 3)
By Jonathan Swift | Interview | 1 June 2016

Confusing market

“This is a massively confusing market for customers, trying to understand a catalogue of different technology suppliers that are all making claims about what they can do,” claims Mukerjee.

“Sometimes their products overlap, or the language is different, but through my insurance induction [Mukerjee admits he did not even know who his motor and household insurer were before taking the role] I have had the privilege to meet a lot of important figures, including CEOs. And when you talk to them they confirm that trying to navigate through the market and understand the suppliers is difficult.”

Within his wider insurance portfolio, Mukerjee also inherited a consumer brand in telematics insurer Ingenie; for which he has already bought back its founder Richard King, less than a year after he stepped down.

Despite its consumer leanings, Mukerjee says that it remains an integral part of the group, and one which he particularly keen to mine for intellectual property that it can repurpose and potentially market to other clients in much the same way Watchstone has done with Innocare – which spun out of its Canadian physiotherapy arm PT Health.

“Within Ingenie there are some very interesting technologies, which we use to drive the service that we offer its customers. And so in a similar way to how we have taken out core technologies in the healthcare business we are looking at how we could do the same with Ingenie.”

These include how Ingenie uses data extracted from over 200 rules covering driver behaviours from breaking to accelerating to draw conclusions.

One thing Quindell became known for in the past was the volume of regulatory news service announcements and updates it used to release containing varying degrees of detail. Under Mukerjee though, the business will operate in a wholly different way.

“RNS announcements are obligatory pieces of information that you share because you are a listed company. It is not a press release, it is not a piece of marketing. We need to be a company that separates those things and what we do with our RNSs is what we need to do to satisfy our obligations.”

http://postlive.dev.incisive.pro.pugpig.com/2016/06/01/interview-indro-mukerjee-watchstone/

Is this the longest page in MoneyAm history banjo .

Interview: Indro Mukerjee, Watchstone (Part 4)
By Jonathan Swift | Interview | 1 June 2016

SFO investigation

On Watchstone, which is the first listed firm Mukerjee has worked for, despite doing an initial public offering with Video Logic in 1994, he adds: “We will be very strict on that. We are not going to start blowing hot air or pump loads of stuff into the market, because what happens is people might believe you once, but you do it a couple of times and you begin to irritate them. You have to be straight with them.”

Mukerjee is very focused on the operational businesses within Watchstone [he is the launch CEO of Hubio for instance], but he admits as group CEO he cannot ignore the fact that there is an ongoing SFO investigation into its historic [pre-November 2014] ‘business and accounting practices’; while law firm Legal Friend continues to build up evidence for a class action.



“They are what they are and we just have to deal with them. And when the press has covered them to be honest it is has been entirely understandable, as it is an interesting story. We live in a free society and so we should not be surprised,” Mukerjee says. “It is occasionally a bit hysterical, but is only one aspect of the company.”

Having worked with private equity, Mukerjee is used to getting a return on investments; and despite its recent troubles, Watchstone is already garnering some attention from potential acquisition partners, which is testimony to the work of the current executive. Indeed in April it rejected an offer – touted to come from Tantalum Corporation, a rival insurance technology business, with the firm rumoured to still maintain an interest despite the rebuttal.

“What you have to remember as someone in my position is that you are the servant of the shareholders. So if they want the journey to stop at any point that is up to them. And if someone makes an offer that the shareholders are satisfied with, then we will partner with them and everyone will be happy,” Mukerjee reflects.

“As to how long that will or won’t be is not something I know; but I have a particular vision regarding the operational work that I am doing with these businesses and I know what I want to do.

“I also know what success will feel like; and what we need to do in terms of that focus. And, in the meantime, if something happens then it happens.”


http://postlive.dev.incisive.pro.pugpig.com/2016/06/01/interview-indro-mukerjee-watchstone/

and from 27th May 2016:

Watchstone CEO asks the insurance industry for ‘level playing field’
By Stephanie Denton | News | 27 May 2016

Watchstone CEO Indro Mukerjee has urged the insurance industry to give the group formerly known as Quindell a ‘chance’ and let it move away from its history.

Speaking to Post following the release of the firm’s 2015 results and his first resulting period Mukerjee, pictured, said: “Going forward people will tar us with the brush of the past but I would like the chance of the market looking at us a sincere business that is not acting inappropriately. We’d like a level playing field to engage that way. I am really determined to make this work.”

He added: “I joined in September last year with my eyes open and this was not my first job. What I have found is sincere and capable people but there are also challenges.”

Mukerjee feels the firm is already a very different company and claimed these results are “a starting point” for him.

Those challenges include an ongoing Serious Fraud Office investigation, which the firm said in its results it continues to cooperate fully with and is now the only regulatory enquiry to which the company is subject.

Watchstone Group reported a £16.1m loss of pre-tax earnings for the year ended 31 December 2015 and Mukerjee said in his CEO statement: “Our focus has been on the simultaneous aims of reducing the group’s unsustainable losses while creating a platform to achieve the best possible value and performance from our operating businesses.”

The firm reported £7.6m of annualised losses have been “eliminated” to date with the total expected to be in excess of £13.5m by the end of 2016.

Speaking to Post Mark Williams, Watchstone group finance director, said: “Broadly speaking the 2015 results is as expected. Last year we had enormous restructuring, the sale of business and the change of CEO, and we didn’t expect to do anything significant in 2015.

“We took actions to stop losses where needed and the results were as expected. We put anchors in to stop losses and that included disposing of business and reducing our cost base in business. This started in 2015 and is continuing. We now plan to move into positive earnings and growth.”

Also included in the full year 2015 results Watchstone revealed its recently launched insurance technology business Hubio had unaudited quarter one revenue of £4.3m. Mukerjee admits in this area the business had “poor market connections” partly due to “past reputational issues within the insurance sector and partly due to financial constraints”.

As a consequence of these challenges Mukerjee said the sales and commercial pipeline was “weak” across all product lines and that the number of active devices was “not where it should be”.

However, he added: “We believe this is a solid market going forward and we have faith in it – growth is slower than predicted but we do believe it is the place to be. We are confidence about having technology that is relevant to the market and where the market is going. Hubio is already well developed technology and the insurance sector is trying to connect more with its customer. This is still a stigma purchase and insurers are looking for the technology to connect.”

Targeting growth in this area Mukerjee said the firm would be launching Hubio Fleet targeting small to medium sized fleets of five to 100 vehicles and it would be working on opportunities with dealerships and motoring organisations. He added that the firm is positive about usage based insurance stating this is the “area of greatest unfulfilled hope for Hubio to date”.

Regarding the Ingenie telematics based business, which reported unaudited revenue of £3.5m for Q1 2016, up 34% Mukerjee said the decision had been taken last year to energise the brand with a greater focus on market including smart social media and radio campaigns. Ingenie works with a panel of insurers including Ageas, RSA, Covea and LV.

Mukerjee said Ingenie would be using its technology, which includes the ability to host data, process journey information, perform advanced server side analytics and driver scoring algorithms, to create a white label proposition which can be licensed to multiple third party brands/insurers that wish to create their own young driver telematics offering.

http://postlive.dev.incisive.pro.pugpig.com/2016/05/27/watchstone-ceo-asks-the-insurance-industry-for-level-playing-field/

Usage based insurance (UBI): a game-changer for insurers

Telematics is here to stay. This transformational technology has the ability to change every aspect of the insurance value chain as we know it – and the innovation has already started. This train shows no signs of stopping, so it’s time to get on board…

So just how popular is this type of insurance?

According to a report by IHS Automotive, the number of consumer subscribers to UBI will reach 142 million globally by 2023, up from nearly 12 million in 2015. Currently, the US – the largest car insurance market in the world – leads the way with 5 million UBI policyholders in 2015, with markets in Italy and the UK coming in at a distant second and third. Activity continues to grow in France, Germany and Spain but unfamiliarity with the product and privacy concerns – especially in Germany – are still inhibiting its growth from a niche-like solution.

One particular area of growth for UBI is that of connected cars, which by nature will be synced with telematics, behaviour and insurance tracking, vehicle health and diagnostics.

The benefits of UBI

Through its use of real-time information on both where and, now crucially, how someone has driven, UBI offers numerous benefits to insurers and customers alike.

For consumers, it offers them the chance to have a direct impact on the price of their insurance premium. It will also provide faster accident assistance and support should an incident occur. However, research has shown that the use of telematics actually drives down the number of accidents as well as their severity.

For insurers, UBI means improved risk selection, reduced claim handling costs by around 55%, efficient fraud detection and ever-increasing customer interaction – which, in turn, will help boost both retention and brand loyalty.

Our end-to-end UBI solution with EIS (Enterprise Insurance Solution) provides actionable insights on your customer and their vehicle, which enables insurers to support relevant customer engagement, positioning your organisation as the driver’s trusted companion – a powerful value-add which has not before been possible. This collection of data, analytics and vehicle diagnostics works together to keep your brand front-of-mind, whilst encouraging safer driver behaviour thus reducing the risk of claims.

Who’s driving adoption?

Perhaps unsurprisingly, it’s millennials, the digital natives, who have been at the forefront of UBI adoption. Recent research by Towers Watson revealed millennials were more willing to participate in UBI by downloading a new app or using an existing one when compared to other age groups, with 92% versus 81% and 88% versus 81%, respectively. What’s more, the research revealed that 72% of this digitally-savvy generation actually prefer this type of insurance to traditional premium calculator factors, such as location and age.

What are the potential problems facing insurers?

While the UK may have one of the most mature UBI markets in Europe, it is believed they currently account for only 2-3% of motor insurance policies. One of the biggest obstacles insurers face is overcoming consumer privacy and data ownership concerns. While technological advancements are generally seen in a positive light, there will be questions to be answered in terms of how data is collected and shared.

While younger drivers are incentivised by the premium savings, not all consumer groups see this as a motivation to switch. In order to increase further UBI adoption, insurers must appeal to all consumer groups by offering more personalised and innovative services and offers such as vehicle health and diagnostics. Only then will we begin to see mass adoption, soaring customer retention and a real change in the insurance game.

Find out more

Why not come and chat through the potential issues, and opportunities, that UBI raises with the Hubio team? We’ll be at the TINtech Insurance Network Technology Conference on 14 June 2016.

ingenie’s data technology at the core of ANWB Road Safety Initiative in the Netherlands
June 13, 2016/in Company News


ingenie has signed a 5 year licence agreement with ANWB, The Royal Dutch Touring Club that takes a substantial step towards improving road safety in the Netherlands.

Developed with its insurance subsidiary, Unigarant, ANWB’s Safe Driving Scheme will reward safer drivers with much more affordable insurance with discounts of up to 30%.

ingenie’s suite of data analytics and advanced algorithms developed over millions of driver miles have already been customised for the Dutch market for ANWB as part of a pre-launch pilot. This technology is core to the proposition, providing a clear picture of how the customer is driving, which is delivered via a smartphone based app to drivers. Customers receive a driving score and regular advice and feedback on how they can improve their driving behaviour. Good driving is rewarded with quarterly discounts of up to 30% over the year.

ingenie will provide its scoring, analytics, process design and telematics technology expertise, whilst Unigarant will provide all the insurance administration for ANWB’s insurance brand.

Cara Hurlock, Chief Customer Officer of ingenie’s B2B division, said: “Our experience in the UK market shows that relevant and engaging feedback together with a financial incentive improves driver behaviour and reduces the frequency of accidents. This scheme, is a significant step forward in improving road safety through the development of the mass market in telematics products.”

Frits van Bruggen, ANWB CEO said: “In building our capability, we were conscious that we had to have a credible partner, whose industry experience could accurately monitor and communicate driver behaviour. This measurement and conclusion will have a direct not only on road safety but an impact on the premiums drivers pay for their insurance. We are confident that ingenie base algorithms are the strongest in the Industry today.”

Watchstone Group plc CEO Indro Mukerjee added: “We are delighted that ANWB has chosen ingenie’s technology and business model as the core enabler for its new telematics-led Safe Driving Scheme and we look forward to helping ANWB grow this new business line.”

To find out more about ANWB’s Safe Driving Scheme, delivered using ingenie’s technology, please visit their website.

To find out more about ingenie, please visit www.ingenie.com.

14 June 2016
Watchstone Group plc
("Watchstone" or the "Company" or the "Group")

Approval of the Settlement of Navseeker litigation

Further to its announcement on 5 March 2015, Watchstone (LON:WTG) confirms that it has now received the approval of the Court of Chancery of the State of Delaware USA ("Court"), in respect of the settlement of litigation in respect of Navseeker Inc ("Navseeker"), a subsidiary of Hubio Solutions Limited (formerly Himex Limited)("HSL"). HSL is a wholly owned subsidiary of the Company.

The approval of the Court concludes the agreement of terms with the Plaintiffs for the settlement of litigation (Laurence Baker, et al. v. Hassan Sadiq, et al. and NavSeeker, Inc. C.A. No. 9464-VCL, Court of Chancery of the State of Delaware USA)("Litigation") and the associated acquisition of 11.67 per cent. of Navseeker not already held by the Company. The settlement has been made without admission of liability. The Company has been advised that the Plaintiffs' claims had no merit and the Litigation was being strenuously defended. However, given the alternative of an expensive and protracted continuation of US based litigation, the Board has determined that settlement is the best course of action in the circumstances. Notwithstanding the Board's belief in the strength of its defence to the Litigation, its outcome would still have been subject to the usual uncertainty that is an inherent part of any civil litigation.

Given the time that has elapsed since the provisional agreement of the settlement detailed on 5 March 2015 ("Proposed Settlement"), the Company has agreed, and the Court has approved, to a change to the Proposed Settlement. The Company will now settle the Litigation and acquire the shares in Navseeker held by the Plaintiffs and any other participating minority shareholder for a total contribution from the Company, HSL and/or the Individual Defendants and/or their insurance carriers of US$2.75 million in cash and will not now issue any shares in the Company as part settlement ("Approved Settlement").

Instead of issuing 684,770 pre-consolidation new ordinary shares of 15p each with accrued capital return proceeds of approximately £616,293 ("Settlement Shares") pursuant to the Proposed Settlement, the Approved Settlement replaces the issue of the Settlement Shares with an increase of US$1 million in cash (included in the US$2.75 million in cash detailed above).

http://otp.investis.com/clients/uk/watchstone_group/rns/regulatory-story.aspx?cid=1338&newsid=740215

From today at the TINtech event:

Hubio Group ‏@hubiogroup · 12 hours ago

Today's the day! Our CEO, Indro Mukerjee, is about to take the stage to open this year's conference

Hubio Group ‏@hubiogroup · 4 hours ago

#TINtech Indro Mukerjee, CEO Watchstone Group plc chairs today's final panel #insurtech @Aon_plc @HiscoxUK @MerttsR




twitter- Hubio Insurance
twitter- Hubio Group
twitter- Hubio Automotive

Industry appears ready to embrace InsurTech at TINtech 2016

TINtech 2016 was an unmissable event for us at Hubio. Usage-Based Insurance (UBI) and enterprise technologies are at the heart of our solutions, meaning that the key themes of the day were highly relevant and topical. As such, it was a privilege for us to actively participate in this year’s conference, with our CEO, Indro Mukerjee, chairing the opening keynotes and closing panel sessions and our Insurance Strategy Director, Neil Thomson chairing the panel discussion on The ‘Internet of Things’ Revolution.

The day’s discussions around how technology is driving strategic change in the industry and enabling business processes were attended by some 300 senior insurance executives, instilling confidence in our understanding that the market is ready to address and embrace the transformations that are becoming inevitable.

The challenge of IoT

It was inspiring to see some excellent interaction from attendees, particularly during the Internet of Things (IoT) debate, chaired by our very own Neil Thomson, who said:

“The challenge of IoT is understanding the consumer proposition.”

This is something we take seriously at Hubio and have worked hard to achieve. Prioritising the needs and behaviours of consumers is of increasing importance for the market, which stood out for us at the conference. Attendees were undoubtedly intrigued by the industry fast becoming able to connect more and more with its customers on levels which have not been previously achievable, in a way that isn’t instrusive and brings value to the customer.

That’s why we have created our Enterprise Insurance Suite (EIS) – a modular, easy to integrate insurance software that is designed to help you better connect with your customers.

Once you have tackled this question of understanding consumer propositions, the next is how IoT can empower your solutions. In a market of increasing connectivity, opportunities are constantly arising to enhance the collaboration between consumer, broker, agents and regulatory agencies. On this point, visitors to our stand on the day were keen to find out more about our insurance management system, with some fantastic discussions around our connected incident management capabilities.

Proactively embracing change

In addition to the questions raised at our stand, the conference itself was filled with thought-provoking debates and productive questions from an engaged audience, which we found reassuring.

Hubio CEO, Indro Mukerjee commented: “I was struck by how the industry is proactively embracing change, with an enlightened and not enforced approach. Vibrant discussions arose around the fact that many companies in the industry have learned to instinctively handle mixed mode relationships – being partners one minute and competitors another.”

The lasting impression of the day was the strong feeling of an industry determined to change and action faster – implement faster, succeed faster, fail then correct faster and generally learn faster.

We would like to thank the presenters, panel members, organisers and all participants who helped to make this a successful and useful event.

TINtech conference 2016 – “Insurance an industry ripe for change”
June 21, 2016 in Company News

Indro Mukerjee, Watchstone Group plc CEO, chaired the 2016 TINtech conference.

With some 300 senior insurance executives gathered to hear about how technology is driving strategic change in the industry and enabling business processes, it was an opportunity for the Hubio team to engage face-to-face with key stakeholders and influencers from the industry.

Read our CEO’s summary here.

Might as well highlight the The Insurance Network article too:

Chairman’s summary from Indro Mukerjee, CEO, Watchstone Group plc

It was a privilege to participate in this year’s TINtech conference and all the more so to chair the opening keynotes and closing panel sessions. With some 300 senior insurance executives gathered to hear about how technology is driving strategic change in the industry and enabling business processes, it was a really valuable to be invited to do this as a relative newcomer to the industry.



There were some 25 expert speakers and panellists and, with some excellent interaction from attendees, a number of thought provoking debates were sparked. These ranged from the revolution through digital technologies, to how the London Market would be transformed all the way to the industry being able to connect more and more with its customers.

I was struck by how the industry is proactively embracing change, with an enlightened and not enforced approach. Vibrant discussions arose around the fact that many companies in the industry have learned to instinctively handle mixed mode relationships – being partners one minute and competitors another. It was also pleasing as to how open people were to talk about their challenges.

My lasting impression of the day was the strong feeling of an industry determined to change and action faster – implement faster, succeed faster, fail then correct faster and generally learn faster.

I would like to thank the presenters, panel members, organisers and all participants who helped to make this a successful and useful event.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

BEACH POINT CAPITAL MANAGEMENT LP increased their holding from
4,388,824 to 4,895,099 (10.68%), completed 22 JUNE 2016.

http://www.moneyam.com/action/news/showArticle?id=5365967

Feature in The Insurance Post June 2016 – “The Enabler”

Indro Mukerjee, Watchstone Group plc CEO, is on the cover of this month’s Insurance Post Magazine. His interview with editor Jonathan Swift is featured in the magazine and online.



Read the interview on Post Online here.

or from Post 51 onwards

Broker Forecast - Peel Hunt issues a broker note on Watchstone Group Plc
30 June 2016 | 08:20am

StockMarketWire.com - Peel Hunt today reaffirms its buy investment rating on Watchstone Group Plc [LON:WTG] and raised its price target to 315p (from 250p).

http://www.stockmarketwire.com/article/5369742/Broker-Forecast-Peel-Hunt-issues-a-broker-note-on-Watchstone-Group-Plc.html

http://www.hl.co.uk/shares/shares-search-results/w/watchstone-group-plc-ordinary-10p/broker-forecasts

Forgot it was the AGM today:

Annual General Meeting: 10:00 am on 30 June 2016

http://www.watchstonegroup.com/wp-content/uploads/2016/05/Final-Notice-of-Annual-General-Meeting.pdf

MAM news service (cough!) is playing up again.......

30 June 2016
Watchstone Group plc
("Watchstone" or the "Company" or the "Group")

Result of AGM


Watchstone (LON:WTG) announces that all resolutions at its Annual General Meeting, held earlier today, were duly passed.

http://www.moneyam.com/action/news/showArticle?id=5370101

Reminder of tonight's award event:



TELCA 2016 Business Person of the Year shortlist (The Energy Live Consultancy Awards)

Energy Live News is pleased to announce the shortlist for Business Person of the Year. The following people have been shortlisted:

Nick Proctor, Amber Energy

Chris Shaw, Business Advisory Service

Kelly Ivison, Exchange Utility-Winner

Emily Groves, Indigo Swan

Peter Kirkham, Smart Utility Management

Gerard Duggan, Utilitrack

James Longley, Utility Bidder

Graham Cooke, Zenergi

The winner will be announced on 30th June at the awards ceremony held at the Honourable Artillery Company.

http://www.energylivenews.com/telca-2016-shortlist/

https://twitter.com/hashtag/TELCA2016?src=hash&ref_src=twsrc%5Etfw

**********************************************
Energy Live News ‏@EnergyLiveNews · 46m46 minutes ago @16:20 01/07/2016

The Business Person of the Year award went to the wonderful Kelly Ivison from @ExchangeUtility Congratulations!
***************************************************

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 23 June 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------4,895,099----------------------10.63%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------12,424,586----------------------26.99%

Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

http://www.watchstonegroup.com/investors/shareholder-information/

AGM 2016 product and business showcase
July 6, 2016/in Company News

On Thursday 30 June 2016, we held our Annual General Meeting at which all resolutions proposed were duly passed. Our product and business showcase held immediately after the AGM provided further interest and value to the attendees.

The event gave us the perfect opportunity to showcase our businesses’ greatest assets, our people and our products, and to connect with our shareholders. Employees from ptHealth/InnoCare, ingenie, Business Advisory Service (BAS) and Hubio presented their respective technologies in an interactive event.

PICTURES FROM LINK AT BOP (or here)


Heather Shantora, ptHealth and InnoCare CEO, engaged enthusiastically with shareholders and discussed the opportunities to simplify and digitise clinic administration through the InnoCare software and the continual improvements the clinic business is making.

Representing ingenie was Mark Sterritt who showcased the platform that underpins ingenie’s telematics offering. Since launch in 2011, the brand has grown a policyholder base of approx. 40,000 young drivers, collected 600 million miles of driving data, amassed deep expertise and built models with 200 algorithms to deliver a successful usage-based insurance program. Our recently launched B2B proposition has already won a five-year contract with ANWB, the Royal Dutch Touring Club, as its first customer.

From Hubio, Andrew Betteley, Neil Thomson and Louise Robertson were present to demonstrate a beta version of the fleet dashboard, the connected car platform and discuss our Enterprise Insurance Suite activities. Following on from the TU Auto and TINtech conferences and increased marketing activities, Hubio is increasing its profile in the industry and becoming a more established brand having initiated extensive discussions with potential customers.

Andy Blake from BAS described our energy brokerage business which provides added value energy procurement and consultancy services and he also showcased the OpenView platform. OpenView allows UK companies to run multiple energy tenders by inviting suppliers to tender for their gas and power within an agreed live “auction” window.

The level of interaction and interest generated around our businesses was very encouraging. At the core of our businesses are people and products and we are pleased to have been able to share the development of both with our shareholders.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

BEACH POINT CAPITAL MANAGEMENT LP have increased from 5,059,560 to 5,139,560 which equates to 11.16%, completed 05 JULY 2016.

http://www.iii.co.uk/research/LSE:WTG/news/item/2027264/holdings-company?context=LSE:WTG

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 07 July 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------5,139,560----------------------11.16%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------12,669,047----------------------27.52%

Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

http://www.watchstonegroup.com/investors/shareholder-information/

General news relating to the hubio/Mahindra collaboration:

Mahindra to develop range of autonomous electric vehicles
by Sam Sheehan
5 July 2016
http://www.autocar.co.uk/car-news/industry/mahindra-develop-range-autonomous-electric-vehicles

Port in a Storm
July 7, 2016

For many Canadian insurers, particularly for mutuals, it all started on the farm. Mutuals, and even insurers focused on other markets, count farm insurance as an important part of their businesses.

However, over the years, as the country urbanized, and as other insurance markets grew, farm insurance shrunk in numbers and in priority.

While automobiles, new homes and new businesses have increased over time, the number of farms has decreased. This has had an impact on investments in insurance technology, with broker connectivity and portal solutions provider Hubio reporting that farm business has received less new technology than the more commoditized personal lines products, in which automation could be more easily replicated.

Farms have historically not received the same level of technology investment, Hubio notes. As a result, farms and agribusiness customers can face slower processing times to get new business quotes, incur delays in getting answers to their insurance questions, experience lags in updating their policies and renewals, and may see potential inaccuracies as a result of human errors.

***Full article from link below***

Hubio ranked second in new global UBI study of leading global telematics service providers

We are excited to have been named by PTOLEMUS Consulting Group as a leading global telematics service provider, ranking second in their dongle category and 3rd in Worldwide OBD dongle UBI Supplier.

PTOLEMUS used data and insight from the UBI Global Study, launched earlier this year, to calculate their UBI Supplier Rankings. The industry reference document comes with a Global Supplier and Markets Handbook, profiling the strengths and weaknesses of 38 telematics service providers, 14 technology providers and 16 mobile UBI service providers.

The rankings were built from a large variety of market-specific criteria across each distinct supplier category. The list of criteria is detailed in the ranking presentation, available to download here.

Thomas Hallauer, Research Director at PTOLEMUS commented: “The current market evolution confirms PTOLEMUS’ prediction of a growing diversity of devices used to collect driving and accident data, which creates opportunities, notably in the nascent smartphone UBI market.”

Device- and platform- agnostic UBI

We have developed our Hubio telematics platform such that it is capable of capturing and processing data points from any connected measuring device including OBD dongles, fixed black boxes and smartphone applications. This enables us to offer flexible telematics solutions with advanced driver behaviour analytics to insurers, so that they can configure the most appropriate UBI solution for their target market.

The very same robust and scalable core technology has been further developed into the Hubio Fleet solution, due to be released in Q3 2016. This platform uses OBD dongles and fixed black boxes to provide commercial vehicle fleet operators real-time location data across their fleet. We are also extending the same driver behaviour analysis that has been successful in UBI to Fleet, enabling operators to measure and coach their drivers to effectively reduce risks and improve fleet performance.

“This growing diversity of devices means the Hubio offering of a device- and platform- agnostic UBI solution is especially significant,” says Andrew Betteley, Hubio’s CTO of Connected Car. “Hubio solutions can be integrated with common databases and computer systems, making it ideal for the requirements of small, midsize and large insurers.”

Compete in a challenging market

Our UBI solutions create further opportunities for an insurer to effectively compete in an increasingly challenging market. Insurers wishing to run the solution as a pilot project can gain immediate telematics experience supported by our customer service team.

The solution is available to auto insurers, rental car companies, leasing companies, telematics service providers, telecommunication providers and telematics hardware providers.

“The PTOLEMUS study recognises that Hubio builds market-leading UBI solutions enabled by an unsurpassed global team that combines the talents of renowned insurance experts with the industry’s brightest technology innovators“, says Indro Mukerjee, CEO of Watchstone Group plc and founding CEO of Hubio.

Watch our video below to find out more about our end-to-end UBI solution:

Telematics Insurance for Taxi Drivers

Save up to 20% on your premium!

Careful driving could save you up to 20% on your taxi insurance with Fare Cover’s telematics policy.

Also commonly known as “black box” insurance, telematics allows you to earn a reduction in your premium by demonstrating that you’re a good driver.

Our telematics policy is ideal for newly qualified and inner city taxi drivers, who might find it more difficult to get competitively priced insurance. Young taxi drivers could also save money with this type of policy.

How it works

•A Hubio black box (the telematics device) is fitted into your vehicle, as well as a dash-cam, which can help to determine fault in the event of a claim. Both of these are FREE.
•The black box provides feedback about your vehicle's mileage, the type of roads you drive on and what time of day you drive. It also records data about how you drive, for example your speed, acceleration and braking
•Want to know how you're doing? You can view the driving data provided by Hubio via an online portal or free smartphone app.
•All the feedback will affect your premium at renewal; if the data shows you are a safe and competent driver, you could save up to 20% on your premium.

Why it makes sense

High mileage; inner city driving; newly badged: these risk factors and others are often stumbling blocks when it comes to finding cheaper taxi insurance. A telematics policy enables you to level the playing field a little – prove what a safe driver you are and reap the rewards!

Olympics losers can impact Road Safety

Andrew Betteley, Chief Technology Officer – Connected Car Hubio & Daniel Fisher, Head of Data Science – Connected Car Hubio

I knew when I joined Hubio I was joining an intelligent bunch but I am in awe of the insightful predictions from our Data Architect Team Lead by Dan Fisher. Rather than a crystal ball our team have worked on a hypothesis on how Olympic events and outcomes may influence both driving behaviour and vehicle crashes. The US Superbowl provides a good comparative event for study, as it attracts over 150 million engaged viewers across the globe and is repeated on an annual basis.

Hubio Telematics Data during the 2016 Super Bowl

The Hubio telematics data analysis here focused on braking and acceleration events, comparing percentage difference between Super Bowl Sunday to the immediately preceding and subsequent Sundays in 2016.

Braking and acceleration drop by 10-20% during the Super Bowl and whilst there is television coverage, the average trip speed increases. These findings are presumably due to far fewer people being on the road, leading to reduced congestion and thus faster average speed and a reduced need to brake and accelerate in an erratic manner.

Fatal Car Accidents on Super Bowl Sunday

Focussing upon fatal accidents on Super Bowl Sunday in 2014, NHTSA data shows there were 82 fatal accidents, 44 of which were attributed to alcohol which is 54% of the total fatalities. This is in comparison with other Sundays in 2014, where the average number of alcohol-related fatal car accidents is 24.

Similarly, there were 91 fatal accidents recorded during Super Bowl Sunday 2013. Of these, 45 were related to alcohol, which is around 49% of the total fatalities. This compares with an average of 26 alcohol-related fatal car accidents on Sundays in 2013.

Fatal accidents in 2014 and 2013 on Super Bowl Sunday are shown in a geo-map below, no significant pattern was found for fatal accidents and is included only for completeness.

2013
2014

This data irrefutably indicates that the combination of alcohol and Super Bowl Sunday plays a role in fatal accidents across the US, although we don’t doubt that other factors also contribute.

Car Accidents on Superbowl Sunday

In California, there were 294 fatal and injury crashes on Super Bowl Sunday from 2009 through 2013, versus 166 for comparable other Sundays. In Los Angeles, there were 77 fatal and injury crashes on Super Bowl Sundays versus 49 on other Sundays. Similarly, there were 40 in San Diego County on Super Bowl Sundays versus 18 on the comparable Sundays.

Analysis shows that less than half of all crashes on Super Bowl Sundays can be attributed to alcohol. Other factors include driver fatigue, which could be attributed to the late hour of the games finishing, or a combination of distraction, frustration and disappointment due to the scores.

Accidents on Superbowl Sunday for Disappointed Fans

In a radical and significant study, the New England Journal of Medicine noted that the largest increase in non-fatal accident rate occurred in the home states of the losing team, where the number of crashes increased by 68% for all 27 analysed Super Bowls. In stark contrast, accidents rose only 6% in the winner’s state.

Hubio Telematics Driving Data was analysed from Super Bowl Sunday for the losing state from 2013-2016 and shows a 5-7% increase in negative driving behaviour. Negative driving behaviour includes drivers who are hard braking, hard accelerating and excessively speeding – behaviours well documented as being indicative and predictive of a driver who is going to crash.

Rio Olympics 2016 – let’s hope we are on a winning streak

Clearly from our teams analysis is a relationship between losing on both driving behaviour and the likelihood of a driver car crash. If your team, player or athlete loses, you are more likely to drive poorly thus having a higher chance of causing a car crash.

Hubio Adaptive learning models and predictive analytics within the Hubio platform get to “know” the connected driver and seamlessly predict when there is a problem and when one or more of these factors are being exhibited. Hubio is able to analyse a driving pattern in real-time, detect when something is out of the ordinary for the known driver, and react accordingly.

The Telematics-enabled Connected Car is predictive and is able to analyse driving behaviour in real-time within the context of a global sporting events. Based on the analysis, the connected car platform can dynamically trigger an intervention event, reinforcing positive behaviour and eliminating negative behaviour.

Quite simply, the disappointed fan is far more likely to drive badly and crash than a fan celebrating a memorable victory!




Social Media

twitter- Hubio Automotive
twitter- Hubio Insurance
twitter- Hubio Group

18 August 2016

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


Deutsche Bank AG increased from Below reportable threshold (<3%) to 3,455,190 (7.51%)

http://otp.investis.com/clients/uk/watchstone_group/rns/regulatory-story.aspx?cid=1338&newsid=774954

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 18 August 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------5,139,560----------------------11.16%
Deutsche Bank AG-------------------------------3,466,883-----------------------7.53%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.01%


Subtotal------------------------------------------16,135,930----------------------35.05%

Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

http://www.watchstonegroup.com/investors/shareholder-information/

Impact of telematics on personnel in the spotlight
23/08/2016

Vehicle telematics has its roots in the HGV sector but, in more recent years, has become an increasingly popular tool for LCV fleets and is also starting to find its way into company cars.

Telematics systems monitor the location of vehicles and the way they are being driven to deliver a raft of essential operational real-time information to fleet decision-makers that enables them to take action to improve business efficiency, ensure legislative compliance and cut costs.


At the Commercial Fleet Van & Truck event, Andrew Betteley, Hubio, connected car chief technology officer, will share his knowledge on telematics for fleet with an emphasis on safety and driver behaviour.

Telematics devices installed to monitor fleet driver behaviour are a powerful tool for managing performance and improving safety.

Telematics data provides not only a fleet manager but also a driver with feedback which could reduce the potential for accidents and speeding fines.


Betteley, who joined Hubio earlier this year, will discuss the importance of the style, media, amount and timing of feedback to drivers to improve safety levels. He will also touch on the ‘Hawthorne’ effect on how behaviour changes when it is observed and monitored.

As a result of monitoring speeding and harsh braking a fleet will benefit not only from a reduction in speeding incidents and accidents but also from improved fuel efficiencies - savings are reported to be in the region of 15% - and thus financial savings.

However, rolling out driver monitoring impacts on personnel issues. Therefore, the session will also cover the importance of driver education and providing an amnesty period at the beginning of the implementation period.

Hubio, a member of the Watchstone Group, has safety in its heritage through its ingenie young driver insurance and Road Angel propositions.

The session will also include a live demonstration of the Hubio Fleet solution and the results of Hubio Fleet customer testing. Session attendees will be given the opportunity to sign up for a trial of Hubio Fleet and take home their OBD (On Board Diagnostics) device.

Hubio Fleet is one of six best practice partners featured at Commercial Fleet Van & Truck, further details on the sessions can be found at https://vanandtruck.commercialfleet.org/for-visitors/fleets-informed-best-practice-sessions

Fleet operators can register for their free place at Commercial Fleet Van & Truck by visiting www.commercialfleetvanandtruck.co.uk




and

3 ways ERS Insurance Group is performing better with Hubio

At Hubio, we are all about our customers’ success. We recognise that organisations in the insurance and automotive sectors are focused on four key areas: increasing efficiency, reducing claims, building customer engagement and enabling usage-based personalisation. Our integrated solutions make this possible.

But don’t just take our word for it. Hear what our client ERS, a Lloyd’s underwriting business (Syndicate 218) which has been a leading specialist motor insurer for more than 60 years, has to say:

Delivering business critical change

Tim Yorke was appointed Chief Operating Officer at ERS in June 2013 and is a key member of their management team. He is the main sponsor for the implementation of the Hubio solutions including the migration of all their legacy data onto Hubio.

“When Aquiline acquired ERS, the transformation of the legacy IT applications and infrastructure was central to the task of getting the business back to profitability and fulfilling its potential. We recognised that this would be a major undertaking, especially since we had relatively short timescales in which to achieve the development, deployment and data migration phases of the project. We chose Hubio to deliver this business critical change.

All IT projects are complex and difficult at times, and ours has been no exception, however the project has maintained momentum, and we’ve delivered our transformation in just over 2 years, including migration. This was vital as it allowed us to migrate all systems to Hubio and decommission our previous costly infrastructure.

The bottom line difference

The bottom line difference is that Hubio has allowed us to halve our run rate when it comes to IT spend. The full system overhaul will pay us back within two years given these savings.

In addition to this, Hubio has helped our business perform better in three key areas:

1. Our speed to market for new products is now much faster than before, moving from months to weeks, which makes us more nimble and competitive.

2. Our ability to integrate everything from brokers, to new books of business, to claims supply chain vendors has vastly improved allowing a single process to run the whole claims process and saving money with more automation.

3. We are able to be much more flexible as the business develops, because of the modular nature of the Hubio system and the underlying architecture.

Overall Hubio is helping us make our data work harder and is fundamental to our efforts in improving the bottom line of the business.”

An excellent working relationship

Our Client Services Director, Lynette Slater, shares our Hubio perspective on the project:

“We enjoy an excellent working relationship with ERS, assisting them with their major transformation programme.

ERS’s decision in selecting the Hubio Enterprise Insurance Solutions was based on its rich functionality, speed of deployment and user-driven configuration and management.

The programme included the ability to deliver benefits early through providing a collaborative approach where ERS was able to closely track and monitor the project and functional delivery, thereby mitigating any potential risks. The implementation phase included the migration of their historic policy and claims data, enabling ERS to be completely free of its legacy systems.

The Hubio solutions have worked well, not only providing ERS with the technology to support their desire to overhaul their business processes in a focussed timeframe, but also for the future where the business community become the masters of their own destiny. We continue to work closely with ERS as they contribute to and benefit from the on-going R&D applied to all the Hubio solutions.”

Hubio to speak at Connected Car Forum

The Connected Car Insurance USA forum arrives this week (September 7th-8th) at the Radisson Aqua Blu Hotel in Chicago, and Hubio, as a leader in Connected Car technology, is again playing a major role. With the number of internet-connected vehicles skyrocketing, this year’s conference focus on the development of consumer-centric insurance solutions around connected mobility is more relevant than ever.

Impact on the bottom line

Joe Armeni, our SVP of Business Development & Insurance Solutions is speaking on a panel session entitled “Tune Insurance to the Fleet Beat” which explores the positive impact telematics can have on a fleet’s bottom line and how insurers can leverage UBI to enhance their value proposition in commercial lines. As a technology provider of telematics applications for fleet, Hubio brings experience of unlocking insights within the connected car ecosystem to the conversation. Joe highlights that, “… I’ll look to explore ways that insurers can add value to the fleets they insure and at the same time improve bottom line performance through better risk selection, improved rate segmentation and reduced loss costs.”

Beyond our Commercial Lines telematics offerings, Hubio continues to provide market leading end-to-end telematics solutions in support of the Personal Lines market segment. Hubio has deployed UBI programs for 3 of the top 20 Personal Lines insurers in the US. Our UBI solution includes a comprehensive logistics infrastructure and flexible platform, multiple data capture options including a smartphone only program, advanced crash detection reporting, a young driver program and more . Armed with our in-house insurance expertise, insurers can access the untapped opportunities in the UBI market and build a successful UBI program with Hubio.

Our CEO, Indro Mukerjee delivered his keynote speech about telematics’ move from disruptor to enabler at the Connected Car Insurance conference in Europe earlier this year. We believe that the key to enablement is to create a proposition that appeals to the consumers and that includes providing effective, flexible, technology toolkits that enrich the customer experience. Watch his full address:

https://www.youtube.com/watch?v=qZruU6k1FWE

Want to find out more?

Contact us and learn more about our proven usage-based insurance solutions. If you are attending Connected Car Insurance USA, let’s arrange a face to face meeting, coffee’s on us!

Highlighting the video (shown in last post) from the Connected Car Insurance Europe 2016 (April 2016)

https://www.youtube.com/watch?v=qZruU6k1FWE

Insurers are managing claims better with Hubio’s advanced claims system

The insurance industry is changing fast and managing claims is an increasingly relentless challenge. From mitigating claims indemnity and controlling operational cost to providing excellent customer satisfaction, it’s not always easy to maintain operational efficiency alongside strong financial performance and market-leading customer service.

We understand these challenges better than any other provider. Our Hubio ICE Claims system is designed by claims people, for claims people. It’s the most implemented claims management system in the UK and is the most technologically advanced claims system in EMEA, having been accredited with the XCelent Advanced Technology Award.

The future of managing claims

New innovative technology offers insurers the opportunity to provide customers with levels of service that would have been unimaginable just five years ago. Customers have different expectations nowadays in this digital world, and insurers have a new range of needs to meet.

How can we help?

Insurers need to drive up profitable growth and deliver excellent customer satisfaction in a fast, effective and cost-saving way. Hubio ICE Claims tackles your critical requirements head on and our speed of implementation is the quickest in the market. We acknowledge that insurers have 4 key requirements:

1. Excellent customer engagement
Our use of advanced portals, apps and all other communication methods converts the claims process into a proactive experience with shorter claims cycles. Insurers and customers can interact using their preferred method of engagement and by providing timely updates, significantly increase customer satisfaction and reduce the need to constantly chase for information.

2. Reducing your costs
A rapid return on investment is vital for reducing your combined operating ratio. We drive down costs by improving productivity through streamlined processes, automation and via our collaboration with external parties to reduce delays. Our configurable workflow management tools provide you with a best of breed template but allow you to easily self-customise processes and practices and deploy them with no system downtime.

3. Keeping you compliant
We take compliance as seriously as you do, which is why we’ve built in robust systems and process-based safeguards to protect insurers from reputational damage.

4. Future-proofing your business
Our modern state of the art platform ensures you’re ready for tomorrow’s world as well as today’s. We are a leading player in the global usage-based insurance market and our platform is fully ‘IoT’ enabled. We have already deployed our system supporting “connected cars” in a live environment and can support the emerging connected ecosystems of the future.

The way forward is a more efficient, effective and integrated use of technology and data. That’s why we created Hubio’s Enterprise Insurance Suite (EIS) – a more advanced and connected insurance software solution, designed for 21st century challenges.

As part of EIS, Hubio ICE Claims is a complete end-to-end solution, offering straight-through processing and delivering rapid time-to-market. We describe it as a functionally-rich claims management system which covers the end to end claims process – from customer self-serve quote & buy portals to mid-term adjustments and claims progress tracking.

How does EIS work in practice?

Tim Yorke, COO at our client ERS, the largest motor syndicate at Lloyd’s, says EIS has helped his business perform better in three key areas.

Our advanced insurance suite has improved their speed to market for new products rapidly, they have been able to save money with more automation through the ability to integrate everything from brokers to new business to claims supply chain vendors, and they are able to be much more flexible as their business grows thanks to the modular nature and vast data analytics of the Hubio system.

Want to know more?

Choose fast, advanced and cost-effective insurance solutions with Hubio. Click here to learn more about our Enterprise Insurance Suite.

9th September 2016, Blackpool, UK – Business Advisory Service, one of the UK’s leading Energy Consultancies, has announced that it has won the contract to provide energy consultancy services to support the management of the new public sector framework which is operated by Vertas Group Ltd, the facility management arm for Suffolk County Council.

The framework will provide energy related services including procurement and data management to be delivered to a portfolio of customers ranging from schools, health centres and local councils. This contract secures Business Advisory Service’s position as a major supplier to the public sector, with the company managing all of the gas and electricity purchased under the programme over the next few years.

BAS were engaged to support Vertas Global Ltd in creating a portfolio and procurement management platform that provides the framework with transparency of the energy markets and total visibility portfolio of thousands of electricity and gas meters.

BAS were selected due to their extensive knowledge of managing flexible energy procurement and the management of large energy portfolios. Coupled with BAS unique Openview energy management platform, this solution will prove attractive to all public sector organisations across the country.

Commenting on the announcement, Andy Blake, Business Advisory Service’s Commercial Director said: “Vertas will now be operating the leading framework in the country due to its flexibility in delivering multiple energy procurement and data management services. We are absolutely delighted to be partnering with them – and are excited about public sector opportunities.”

On why BAS was chosen, Head of Energy for Vertas, Lisa Galbraith said: “BAS has the experience and expertise necessary to manage large energy portfolios and bring a full suite of energy services for the benefit of our customers.”

Energy forms an integral part of every public building in the country and in recent years, delivered energy prices have been increasing significantly, putting even greater pressure on local authority budgets. In addition, public sector purchasing through the traditional frameworks has meant that once committed, there has been little control over the prices they receive or the service levels they enjoy. The BAS/Vertas managed framework for Suffolk County Council enables the portfolio to have more flexibility in securing competitive energy prices, receive exceptional customer service and be able to access a full suite of energy related services for years to come.

16 September 2016
Watchstone Group plc

Results for the six months ended 30 June 2016

Watchstone (AIM:WTG.L) today announces its results for the six months ended 30 June 2016.

Financial summary:

· Underlying* business revenues improved to £31.9m (2015: £28.8m)

· Underlying EBITDA loss before capitalisation of development expenditure £6.9m (2015: £13.8m)

· Underlying EBITDA loss after capitalisation of development expenditure £6.7m (2015: £10.2m)

· Total loss before tax £8.2m (2015: loss of £32.3m)

· Group net assets £130.6m (as at 31 December 2015: £137.1m)

· Group cash at 30 June 2016 of £93.8m (£89.3m as at 31 August 2016), with a further £50.0m in escrow

* Underlying includes ptHealth, Hubio, Ingenie, BAS, Maine Finance and Central

Operational highlights:

· Substantial work completed and on-going to simplify the Group including closure and disposals of loss-making businesses; underpinned by work to position the Group to deliver shareholder value from its assets

· Continued momentum in ptHealth and ingenie

· ingenie signed its first white label licence with ANWB, The Royal Dutch Touring Club

· Resolved long standing Navseeker litigation

http://www.moneyam.com/action/news/showArticle?id=5415954

Peel Hunt Buy 184.00 315.00 290.00 Retains

19 September 2016
Watchstone Group plc

Response to announcement by Slater & Gordon Limited

Watchstone Group plc (LON:WTG) notes the announcement by Slater and Gordon Limited (ASX: SGH) advising that it and/or Slater and Gordon (UK) 1 Ltd (together "SGH") intend to bring a claim against Watchstone arising from SGH UK's purchase of the Company's Professional Services Division in May 2015 ("SGH Announcement").

Watchstone confirms that it has today received preliminary correspondence on behalf of SGH notifying it of a purported claim. The Company does not believe that there are grounds for a claim to be brought and will defend it robustly.

Watchstone conducted a professional and transparent disposal process of the Professional Services Division assisted and advised by leading specialists. In addition, Watchstone allowed SGH the opportunity to complete an extensive and detailed due diligence process with the assistance and advice of a similarly specialist team.
Watchstone notes reference in the SGH Announcement to the escrow account containing £50.0m of the original purchase consideration for the acquisition ("Warranty Escrow") due for release to Watchstone on 29 November 2016.

Following 29 November 2016, monies will be released to Watchstone from the Warranty Escrow unless, inter alia, Watchstone receives an opinion of a senior independent barrister stating that a given claim is more likely to succeed than not ("Opinion"). The Opinion will also quantify what such claim, if successfully brought against Watchstone, would be valued at and this amount would then be retained in the Warranty Escrow until the purported claim was resolved with any excess up to the £50.0m released to Watchstone. Prior to the giving of an Opinion, Watchstone will have the opportunity to make submissions in respect of such matters.

Watchstone will make further announcements in due course, as appropriate.

http://www.moneyam.com/action/news/showArticle?id=5416725

Hubio Fleet ‏@HubioFleet · 33 minutes ago  Millbrook Proving Ground

@VanAndTruckNews Andrew Betteley CTO @HubioFleet is talking telematics as a fleet safety tool Room 2 at 2pm





Also:

Social Media

twitter- Hubio Automotive
twitter- Hubio Insurance
twitter- Hubio Group


***********************************************************

And see POST 85 for further details of the event.

It's the official launch of the new section of Hubio:

Hubio Fleet ‏@HubioFleet · Sep 19
New Hubio Fleet #vehicletracking launched today. Find out more here: http://ow.ly/Dy47304kUN9 #hubiofleet #vanandtruck

https://twitter.com/HubioFleet

And a couple of new videos:

…Hubio Fleet: Who we are
•36 views
•1 day ago




…Hubio Fleet: Real-time fleet tracking
•94 views
•1 day ago

New tracker aimed at fleets of all sizes
September 19, 2016

A brand-new fleet tracker has launched today, from telematics and usage-based insurance (UBI) technology company Hubio.

Providing driver behaviour and vehicle insight for both small and large fleets, the technology is suitable for businesses operating a few vehicles as well as bigger operators.

Hubio Fleet offers two solutions, an ‘OBD plugin’ box which is connected to the vehicle’s on-board diagnostics port (OBD port) and a ‘black box’ which must be professionally installed.

Fleet tracker

The OBD plugin is a simple installation – it takes under a minute to fit the plugin to the on-board diagnostics port. The obvious benefit here is that it can be used with different vehicles. By using GPS and accelerometers the technology can provide data on driver behaviour like braking and acceleration.

This data is relayed back to the fleet manager having been processed by Hubio’s driver safety scoring algorithms. These algorithms generate a score for each driver, indicating which (if any) drivers need additional training. The information can be accessed from any internet-enabled device using an online dashboard.



Another useful feature is job scheduling. Hubio Fleet is designed to make this easy with simple geofence setup – it’s as simple as drawing the geofence on a Google map, with no complicated co-ordinates required. The tracker has been developed in response to customer feedback – operators called for easy ordering, prompt supply, excellent service and a clear interface.

Andrew Betteley, chief technology officer for connected car at Hubio said: “With Hubio Fleet we are now moving towards digital driver coaching. Our competitors fail in several areas, such as having complex contracts, poor telephone service and the price advertised is rarely the price paid. With Hubio Fleet we have addressed all of these issues and have a fleet tracking offering that allows fleet managers and owner-operators to truly find ways of operating more efficiently.”

Fleet operators

Are you a fleet operator? Take a look at VanMan’s fantastic range of brand new vans. Why not give us a call and see how much we can help you save?! Call us on 0845 021 0111 or enquire online. We also have a Facebook page.

Launching our telematics tracking platform for fleet

Hubio Fleet has been developed working with existing Road Angel Fleet customers to produce a simple, low-cost vehicle tracking solution built on our proven telematics platform. The Hubio Fleet Manager platform is designed to improve driving behaviour, lower the cost of fleet operation, increase productivity and minimise vehicle wear and tear.

Safety is at the forefront of our values and we believe that educating drivers on how to improve their driving style should be simple, non-intrusive and effective. Our driving analytics have been tested and perfected from our experience in insurance to deliver real change so that we can truly improve driver behaviour, one driver at a time.

Hubio Fleet’s reliable vehicle tracking system offers simplicity from day one – an easy plug-and-play OBD device and a simple-to-use interface. Our excellent service and support team are on hand so that fleet managers can immediately unlock the value of live tracking at the best price on the market.

Addressing the needs of the commercial vehicle market

Our Chief Technology Officer for Connected Car, Andrew Betteley spoke directly to fleet managers and owner-operators prior to developing Hubio Fleet. He discovered they were looking for; an easy way to order the unit, a prompt supply, excellent service and a simple-to-use interface. He commented: “With Hubio Fleet, we have addressed all of these issues and have a fleet tracking system that allows fleet managers and owner-operators to truly find ways of operating more efficiently.”


Hubio Fleet is aimed at both small business owners who run a number of cars or vans as well as larger firms with hundreds of vehicles on their books. Two tracking devices are on offer from Hubio Fleet – an OBD plugin that is plugged directly into a vehicle’s on-board diagnostics port (OBD port) by the user and a black box that is professionally fitted and located out of sight.

A fleet manager or owner-operator can see at a glance how ‘safely’ their fleet is performing by looking at a traffic-light-coloured Fleet Safety indicator. As a result of monitoring speed, harsh braking, cornering, and acceleration, a company can benefit from fewer accidents, lower maintenance costs and fuel savings of up to 15%.

As Chief Marketing Officer, Louise Robertson explains: “Ultimately, fleet managers are looking for real-time tracking to improve efficiency and lower their operating costs. Our simple online dashboard, which can be accessed from any web-enabled device, moves the industry closer to changing the perception of fleet management software to a service that is easy to use and fast to implement.”

Watch the video below to get a full overview of how Hubio Fleet works:



">

Hubio Insurance ‏@hubioinsurance 47 minutes ago

COO of @ERSmotor, @TimYorke has been named Tech Champion of the year at @InsuranceTimes_ #ITTechAwards Congrats Tim!

https://twitter.com/hashtag/ITTechAwards?src=hash

Business Advisory Service shortlisted for Third Party Intermediary of the Year in the 2016 Energy Awards

September 26, 2016

Business Advisory Service, one of the UK’s leading independent Energy Consultancies, has been shortlisted for the Energy Awards 2016 in the ‘Third Party Intermediary of the Year’ category.

In the last 12 months, Business Advisory Service has experienced success in securing competitive energy contracts on behalf of UK businesses.  Its unique energy management platform, OpenView and strong customer support have helped it win more customers which has fuelled growth for the company.

In announcing Business Advisory Service as a finalist, the organisers congratulated the company’s success within this hotly contested sector.

Commenting on the announcement, Chris Shaw, CEO of Business Advisory Service, said “The Energy Awards are recognised within the industry as being one of the most coveted in the UK. To be a finalist is not just an honour, but a recognition of the dedication, investment and commitment Business Advisory Service has made to delivering first class energy consultancy services to UK businesses.”

To find out more about BAS, please visit www.businessadvisoryservice.co.uk

WTG news now showing on Stockwatch!

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Deutsche Bank AG sold resulting in a holding of less than 3% from about 7%

http://www.moneyam.com/action/news/showArticle?id=5365967

General interest:

Charting is on its way!
October 12, 2016 | Software | By: Kerrie-Ann Bernard

The biggest thing since InnoCare Software is on its way--Charting! 

Beautiful, intuitive, and designed just for you; InnoCare Charting is a breath of fresh air. Whether you're a physiotherapist, chiropractor, or massage therapist, InnoCare Charting is designed just for you. 

Follow us on LinkedIn and Twitter and stay tuned for more details!

Hubio Insurance ‏@hubioinsurance 13 hours ago

We're looking forward to the digital #insurance event of the year! We'll be there with our partner @Tech_mahindra #Wakeupinsurance

https://twitter.com/hashtag/wakeupinsurance?src=hash

Hubio is attending Guidewire Connections 2016


Having recently joined the Guidewire PartnerConnect program, we are excited to be attending our first Guidewire User Conference – Connections 2016 in San Francisco on October 24th-27th.

The conference brings together insurance companies who use Guidewire applications as well as representatives from technology suppliers such as Hubio, who provide solutions that complement and enhance the Guidewire core offerings.

Faster, smarter, easier for insurance carriers

This partnership enables Guidewire and Hubio to work together in two distinct areas:

The first addresses insurance carriers’ needs to complete their regulatory filing requirements using a pre-built accelerator integrating Guidewire PolicyCenter and ClaimCenter with Hubio’s reporting solution.

The second enables carriers to deploy Hubio’s award-winning telematics program through the development of a pre-built accelerator to integrate Hubio’s UBI solution with Guidewire PolicyCenter.

Integrating core insurance systems with the outside world is one of Hubio’s strengths, and we’re excited to be able to help Guidewire customers in North America develop faster, cost-effective, more complete solutions. We’re developing pre-built accelerators that will take Hubio’s proven technology and integrate it with Guidewire, to give insurance customers a tried and tested solution.

The first accelerator will provide measurable improvements to previous practices, and deliver insurers higher degrees of accuracy, completeness and reliability. As the accelerator is pre-built, and vetted by both Guidewire and Hubio, customers can rest easy that it delivers exactly as promised.

Talk to us at Guidewire Connections 2016

Phil Henville, who heads our Hubio Canada Group, and David Gallagher of our sales team, will be attending the conference. Why not get in touch and schedule a meeting? We’d love to talk to you about growth opportunities with this partnership and how we can make your life easier!

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

BEACH POINT CAPITAL MANAGEMENT LP increased their holding on 28 OCTOBER 2016 from 5,506,978 to 5,541,978 (12.04%)

http://www.moneyam.com/action/news/showArticle?id=5441010

    

How can Hubio help Guidewire Customers?

As a new Guidewire Solutions partner, we recently attended the Guidewire Connections 2016 conference in San Francisco, California. Everyone we met wanted us to explain what it meant to be a Guidewire partner, and how it could help them.

So what does it mean to be an insurance solution partner?

Alongside our core insurance solutions, we also have award-winning modular solutions that can surround core platforms and work to enhance their capabilities, making life easier and smooth for insurers. Our solutions empower insurers to drive their business growth and work effectively with third-party core solutions like Guidewire’s Insurance suite.

As a result, Hubio sought partnerships, so that these products and services could be used with other vendors. We recently partnered with Guidewire to develop pre-built accelerator solutions for two products – Regulatory Statistical Reporting and Usage Based Insurance (UBI) solutions.


1. Regulatory Statistical Reporting:

Hubio has developed the number one solution for the Canadian market that works with core Policy and Claims systems, and transforms and manages the data to meet regulatory statistical reporting obligations. As market leader, the Hubio solution is proven, reduces risk, and allows insurers to focus on other core activities. Collaborating with Guidewire, Hubio is developing an accelerator that works with native Guidewire code to ensure accurate, timely, fast reporting. With the integration to Guidewire’s platform complete, customers need only worry about the data transfer to the third party system, something Hubio understands completely.

2. Usage Based Insurance:
Having been recognised by PTOLEMUS as a top global telematics provider, we are working with Guidewire to develop an accelerator that enables insurers with Guidewire PolicyCenter to take advantage of Hubio’s award-winning telematics platform.


Telematics is transforming the insurance industry

During his keynote speech at Guidewire Connections, David Stevens, Chief Executive Officer at Admiral hailed telematics as a game changer. He has already seen the impact of telematics data on pricing models and claims experience with Admiral’s UBI program and said: “Never have I come across anything as fundamentally transformative as this.” At Hubio, we understand that this technology has the ability to change every aspect of the insurance value chain as we know it – read our analysis here: Usage based insurance (UBI): a game-changer for insurers

Partnerships help us grow
At the conference, Marcus Ryu, CEO at Guidewire highlighted the importance of partnerships for Guidewire and Hubio is very excited to be working with them to develop solutions that help insurers better meet their needs. The partnership currently applies for North America customers but we have already gained interest from global insurers for broader coverage so watch this space!

If you want to learn more, why not get in touch? We’ll explain how the Hubio – Guidewire accelerators can provide enormous value to almost every insurance carrier. Contact us today.

17:27

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Deutsche Bank AG increased their holding from below Notifiable Threshold and now have 3,471,638 (7.54%)

http://www.moneyam.com/action/news/showArticle?id=5444275

1ST CENTRAL extends its partnership with Hubio
November 14, 2016

1ST CENTRAL Insurance has extended its commitment to Hubio’s claims platform, ICE Claims, with a new agreement.

1ST CENTRAL has partnered with Hubio to provide ICE Claims and ICE Intelligence in support of its end to end claims operations since its launch in 2008. Hubio has continued to support their business with their ongoing goals of increased efficiency, better customer communication and overall cost management. Since its go-live, 1ST CENTRAL has implemented 9 Hubio ICE upgrades, with the most recent being in September 2016.

Speaking of its recent upgrade to ICE Claims, Glen Marr, Claims and Counter Fraud Director at 1ST CENTRAL commented: “I want to compliment Hubio upon how well our most recent ICE upgrade was delivered. It once again demonstrated how everyone in both organisations works well together across our projects.  We continue to take upgrades from Hubio year on year as new functionality comes into the application that we can benefit from.”

Lynette Slater, Client Services Director at Hubio said: “We have a longstanding relationship with 1ST CENTRAL, and are delighted that they have confirmed their ongoing commitment to working with Hubio with this agreement. ICE Claims gives 1ST CENTRAL the tools to achieve the automation and efficiencies needed in today’s high expectation, high availability environment.  We look forward to working further with 1ST CENTRAL to leverage the benefits of Hubio’s technology.”
For more information about the partnership, please visit www.hubio.com/1st-central-extends-partnership-hubio

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 07 November 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------5,541,978----------------------12.04%
Deutsche Bank AG-------------------------------3,471,638-----------------------7.54%
M&G Investments (Prudential)------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP---------------2,307,438-----------------------5.01%


Subtotal------------------------------------------14,237,720----------------------30.93%

Current total shares in issue 46,038,333 as at 24 May 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 07 November 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

With our updated image comes an updated website! Follow the link below to see all of the services we offer!
bas-energy.co.uk

5 hours ago

We're proud to launch #BAS Energy; a rebrand initiative that puts more resources at your disposal! Find out more at: bas-energy.co.uk

3 days ago

Hubio Insurance ‏@hubioinsurance
6 minutes ago

Who's at the Digital Insurance Awards today? Hubio's @Hubio_Andrew and @_NeilThomson are here - come say hello! #wakeupinsurance





Edit:

Tech Mahindra are one of the sponsors

and

Digital Insurance Company of the Year/ The Digital Champion Award

Aviva ***winner***
BGL Group
Ingenie

This has been released internationally and without embargo on RNS and will appear at 7am in the UK.

Watchstone Group plc

("Watchstone" or the "Group")

Retention of warranty escrow monies


Watchstone Group plc (LON:WTG) notes the announcement by Slater and Gordon Limited (ASX: SGH) that it has obtained an opinion from an independent barrister in respect of the warranty escrow relating to the sale of the Professional Services Division in May 2015 ("Opinion").

Watchstone has received a copy of the Opinion, which states that a warranty claim presented by Slater and Gordon Limited and/or Slater and Gordon (UK) 1 Ltd (together "SGH") has on balance a prospect of success and that, if successful, such claim would be likely to have a value of £53m. Accordingly, £50m is to be retained in the warranty escrow account until the warranty claim is resolved.

The Opinion is solely for the purpose of determining whether the warranty escrow may be released to Watchstone at this time. It does not pre-judge the outcome of any legal proceedings. Watchstone remains satisfied that the warranty claim has no merit and will defend it robustly if proceedings are brought.

During the process leading to the Opinion, Watchstone had no right to require disclosure of key evidence in the possession of SGH which would be relevant to the merits and quantum of the warranty claim. Watchstone believes this evidence will be available to it in the event that SGH issues proceedings and it intends to seek disclosure of such information at the earliest possible opportunity.

Capital return

Watchstone will now not proceed with its further capital return to shareholders until the warranty claim detailed above is resolved.

Balance sheet update

As at 25 November 2016, Watchstone had cash of £83.1m (excluding the Warranty Escrow).

Watchstone will make further announcements in due course, as appropriate.

Watchstone Defers Further Return Until Slater & Gordon Claim Resolved
Alliance News 30 November, 2016 | 8:12AM

LONDON (Alliance News) - Watchstone Group PLC Wednesday said it will not proceed with its planned further capital return until a warranty claim with Slater & Gordon Ltd is resolved.

Watchstone noted an announcement from Slater & Gordon detailing an opinion from an independent barrister in relation to the warranty claim Slater & Gordon is pursuing against Watchstone in regards to its GBP637.0 million deal in March 2015 to acquire the professional services arm of Quindell, the controversial firm which morphed into Watchstone in late 2015.

The opinion states that the warranty claim presented by Slater & Gordon has "on balance a prospect of success", and if successful, would likely have a value of GBP53.0 million.

As a result, Watchstone said GBP50.0 million is to be retained in the warranty escrow account until the warranty claim is resolved.

The company stressed that the opinion does not pre-judge the outcome of any legal proceeds, and that it remains satisfied that the warranty claim has no merit, and it will defend it "robustly" if proceedings are brought.

Watchstone had been planning to return the GBP50.0 million to shareholders after it was released from the warranty escrow account, having already returned GBP411.9 million to shareholders after the sale to Slater & Gordon, but said Wednesday it will not proceed with this until the claim is resolved.

Shares in Watchstone were down 12% at 167.00 pence Wednesday morning, shortly after market open.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

http://www.morningstar.co.uk/uk/news/AN_1480493561517088900/watchstone-defers-further-return-until-slater--gordon-claim-resolved.aspx

Video: ERS insurtech success with Hubio



Following the change of control, ERS had a clear objective to replace their legacy IT platform with key requirements to support their turnaround business strategy. Hubio was chosen to deliver this business critical change. 3 years on since the first technology implementation, we talked to key executive members at ERS and Hubio.

A strong working relationship
Speaking on the relationship, Mark Bacon, Active Underwriter at ERS said: “The difference that I saw in this piece of work was the way Hubio embedded themselves into our underwriting team, to really understand our business, and designed a solution that met the needs of the business.”

Clear lines of communication were fundamental to resolve any issues quickly, “We very quickly built a strong working relationship with an open dialogue on all levels and worked with ERS to adapt our ways of working as the programme needed. Our people are committed and passionate about what they do and always keen to find the right solution for the customer”, added Lynette Slater, Client Services Director at Hubio.

Powerful policy and claims management software
Tim Yorke, Chief Operating Officer at ERS highlighted the cost reduction in IT spending, “Our IT is now cost effective in a way that it never was before. Our annual IT spend has dropped by more than 60%.”

The ERS insurance business is intermediated and transacted via EDI and broker presentation, and they had over 5000 schemes to consolidate. They wanted to manage their own products and schemes, be agile and responsive and not beholden on IT. We worked closely with ERS to ensure they used as much functionality as possible out of the box, using the configuration tools to adopt their processes and rules to the ICE capabilities. As a result, ERS were able to reduce their set up from around 5000 to 250 schemes.  The true configurability of our processing and rules puts control of the operations in the hands of the business and has shortened product implementation times to weeks.

“It [the insurance system] allows us to be so much more responsive to the needs of our brokers and customers so when we identify opportunities, we can assess them quickly and we can deliver solutions to meet those needs,” Mark said. “It enables what we want to do as a business.”

Taking advantage of new features with regular upgrades
Following completion of the ERS’ IT transformation & migration over 2 years, ERS have a strategy of taking advantage of Hubio’s quarterly product roadmap – implementing a minimum of 2 upgrades per year each for Policy and Claims software and working closely with Hubio to achieve best practice adoption for their business operations.

For those who love a good cycling analogy, Peter Smith, Claims Director at ERS takes the example of the Tour de France and the peloton, “With our system, we were off the back of the peloton by a good distance and we were really struggling.” Moving onto Hubio ICE Claims has got ERS back in the race.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

http://www.moneyam.com/action/news/showArticle?id=5463664

    

Hubio expands to support its 2017 growth objectives

Award-winning insurance software solutions provider Hubio has announced a significant expansion in its UK operations to support their 2017 growth objectives.

Paul Whiskin and Peter Newman have joined them in senior pre sales and business development roles.They both join from 1insurer where they held similar roles.

Both have previous experience of Hubio, having worked with Andrew Passfield, Hubio’s Chief Product Officer before.  Passfield said that having both back was a coup for Hubio given the other options they had and reinforced the quality of our solutions.

Neil Thomson, Strategic Sales Director at Hubio added: “We are delighted to boost the team with these new appointments. The wealth of experience and vast insurance industry knowledge they both bring are significant additions to Hubio, and will support our drive to grow significantly in 2017.

Whiskin and Newman themselves commented: “It is exciting to be back working with the team at Hubio.  The software solutions are impressive and have developed significantly in the past 3-4 years, especially when aligned with all the successful customer implementations for the Hubio ICE Claims, ICE Policy and ICE Analytics services.  We see great potential and are excited to be part of the team and cannot wait to get started.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

http://www.moneyam.com/action/news/showArticle?id=5466047

20 December 2016 
Watchstone Group plc
 
Change of registered office address
 
Watchstone Group plc (LON:WTG) announces that it has changed its registered office, with immediate effect to Third Floor, 21 Tower Street, London, England, WC2H 9NS.

http://www.moneyam.com/action/news/showArticle?id=5468541

General interest:

Tech Mahindra Hubio teamed up with them last year are exhibiting/sponsor at this years NRF Big Show:



Tech Mahindra Americas Inc

Booth # 625

Bronze Sponsor
Sponsor of the Tuesday Attendee Lunch

Tech Mahindra represents the new connected world, offering innovative and customer-centric IT services and solutions integrating technology with business.

Published on Jan 7, 2017

As CEO, Heather Shantora oversees all aspects of InnoCare, a Canadian healthcare market leader focused on the development of innovative healthcare technology designed to anticipate and respond to the growing needs of Canadian healthcare professionals and patients. https://innocare.ca

Can You Teach an Old Dog New Tricks?
January 9, 2017 | Software | By: Kerrie-Ann Bernard

By Heather Shantora, CEO

When healthcare professionals and their patients think of quality care, it’s likely that storing and charting patient information are among the last things on their minds. At first glance, it’s administrivia of the most basic kind. And while this formal documentation is integral to any healthcare practice, it is also laborious, time-consuming and often the invisible and under-appreciated efforts of an already stretched healthcare professional.

In an age where virtually every other industry has adopted technology to improve efficiencies and customer service, we seem to accept this administrative burden as of the price of modern healthcare. But should we? Can we teach old dogs new tricks when it comes to these tasks? We know there is a direct correlation between time spent on administrative tasks – such as managing charts and filling out paperwork – and a negative impact on patient care. Quite simply, there are only so many hours available in a day. More time spent on administration means less time available for patient needs.


We also know wait times are lengthy and seem to be increasing. Imagine being able to offer healthcare professionals even an extra hour a day to care for patients. That could translate into fitting in three more patients a day. The technology to allow our doctors to be more efficient and, therefore, treat more Canadians is available; but is our healthcare system ready for it?

The benefits to making these changes are clear. An openness to technological assistance is the gateway to easing the burden on our struggling healthcare system. Simply making it easier to capture and share patient information is an important element of alleviating our system’s chronic strains. Clinicians who embrace 21st century tools can benefit from a more satisfied patient, and facilitate higher levels of engagement between visits to the clinic, helping people achieve their healthcare goals.

Privacy concerns are often cited as a reason for a collective reluctance to go down this path. We need to ask ourselves if this a still a legitimate issue in an age when banking is almost completely automated and available to enhance the client experience without compromising privacy. Why can’t healthcare follow banking’s lead? Frankly, patients should demand this level of security, convenience, and consistency in their own healthcare purchases and experiences.

So, can you teach an old dog new tricks? If healthcare professionals are open to adopting technology as an integral part of their back-office solutions and Canadians are willing to accept a paradigm shift in how we approach our healthcare delivery strategy, then I firmly believe those old dogs will prevail in a tech-smart, patient-first healthcare system.
 
This post was originally published at What She Said.

The CV Show is the best attended, largest and the most comprehensive road transport and commercial vehicle event held in Britain, providing truck and van operators with far greater choice than any other exhibition serving this vital industry. The Show attracts close to 21,000 business visitors and its central location at the NEC Birmingham, ensures a truly nationwide attendance. For operators it is the annual meeting place and for sector suppliers the ultimate showcase for your products and services.

Hubio Fleet (Stand Number 4j130)
Website: www.hubiofleet.com

Description:
Hubio Fleet is a provider of simple, low-cost vehicle tracking designed to improve driving behaviour, lower the cost of fleet operation, increase productivity and minimise vehicle wear and tear. Our fleet management system is delivered by the teams from industry-leading telematics providers Road Angel Fleet and Hubio.

https://cvshow.com/a-to-z-exhibitor-list/?filter=H#toggle-id-13170

**************************************************************
**************************************************************

19 January 2017 
Watchstone Group plc
  
Pre-close trading update 
 
Watchstone Group plc (LON:WTG) today issues a pre-close trading update ahead of its results for the year ended 31 December 2016.
 
The Board announces that for the year ended 31 December 2016 overall trading results (unaudited) are expected to be in line with expectations 1.  Underlying EBITDA for 2017 is not expected to be positive due to the need for continued investment in new products and business lines as further discussed below.
 
Group cash and deposits stood at £81.3m at 31 December 2016 2.
 
Revenue (unaudited):
 
***See Link at BOP for Table*** 

2016 saw continued significant change for the Group, with management activities focussed on the operational objectives outlined to shareholders at the beginning of 2016: to deal with the Group's losses and to establish a platform to create shareholder value from the Group's businesses.
 
The sale or closure of non-core assets and restructuring resulted in the elimination of losses of over £14m on an annualised basis. Property Services and Quintica were sold, Maine Finance and Road Angel closed and a significant restructuring of Hubio was executed.
 
ptHealth and ingenie are now both profitable and growing.
 
Building on the strategy outlined in January 2016, a plan of action was created and is being executed for each of the businesses. In 2016, we launched Hubio, Hubio Fleet, InnoCare, BAS Corporate and developed ingenie's B2B technology platform.
 
Taking each of the operating businesses in turn:
 
Healthcare services:
 
ptHealth treated a record number of patients in 2016 and conducted a record number of patient assessments up 6% vs. 2015. All clinics that were loss making in 2015 have either been sold or were profitable during 2016.
 
InnoCare launched in Q2 2016 and has since been developing momentum, including growth in the network to 167 clinics from 152 clinics. From September 2016, investment in sales and business development has resulted in a substantial growth in its sales pipeline. InnoCare Charting, a market leading software tool to help clinicians be more efficient and so treat more patients was launched in November 2016. Whilst early signs are positive, it is too early to say how quickly sales will be delivered. The required investment in the InnoCare product and associated marketing will impact its earnings for the immediate future.
 
Hubio:
 
The Hubio brand was launched in January 2016 to bring together the insurance software parts of the Group and has since become a recognised brand in its sectors. By pulling three previously separate companies together under common management, we were able to better assess our capabilities and address our opportunities and challenges.
 
As previously outlined, the development of the usage based insurance (UBI) business has been disappointing and 2016 was a year of intensive work externally to understand and to better qualify market opportunities and internally to optimise and focus resources. As a result, we start 2017 with a significantly streamlined organisation and plan to launch an updated UBI proposition by the end of Q1 2017 which will combine the best elements of Hubio and ingenie's technology, intellectual property and business process capabilities.
 
Hubio Fleet was launched in September 2016 and has made an encouraging start successfully signing up customers on multi-year contracts. Investment in sales, operations and development means the business comes into 2017 with a strong pipeline of opportunities and an expectation of profitable growth during 2017.
 
Hubio EIS, our enterprise insurance solutions business,  was restructured during 2016 resulting in this unit returning to profitability by Q3 2016. Hubio EIS's solutions continue to receive industry and customer acclaim but the key focus remains new business and to this end, the sales pipeline is now at its strongest level in its history.
 
The Hubio business in Canada is re-focussing on its Iter8 insurance software platform. An exciting partnership with Guidewire Inc was announced in November 2016 and this has already resulted in a strong uplift in opportunities. The Farm Portal, which launched in 2016, has a solid pipeline which is expected to result in at least 2 new deals in 2017.
 
As noted in the results for the six months ended 30 June 2016, in respect of Hubio the Board determined that, in line with accounting standards and the practice of peers, all internal development expenditure will be expensed rather than capitalised until profitable product and service delivery is expected to be feasible and probable. This results in approximately £1.5m of additional expense included within EBITDA on an ongoing basis.
 
While significant progress has been made in dealing with the various opportunities and challenges across the Hubio businesses, it will be 2018 before we see profits or positive cash flows. However, the Board remains confident in the underlying technologies in Hubio, the associated significant market opportunities and the ability to see growth in 2017.
 
ingenie:
 
2016 was another successful year for ingenie with a 17% year on year increase in new business sales and a 22% increase of in force policies.  Significant improvements were also achieved in customer retention during the year. The business remains profitable and is expected to grow revenue further during 2017 through new product initiatives.
 
As previously detailed, our technology has been used to create a white label proposition which can be licensed to third party brands/insurers who wish to create their own telematics based offering. ingenie is looking to find further high quality partners like ANWB for this product offering.
 
BAS:
 
In 2016, BAS launched a division targeting larger corporate opportunities in addition to its traditional SME customers. The first major corporate customer was won (providing energy procurement services for Suffolk County Council) and a further pipeline has been developed. Total new business sales were a record and up approximately 30% vs. 2015 resulting in the revenue growth seen above. 2017 will be a year to build on the foundations laid during 2016. 
 
Central overheads and cash:
 
Group cash and deposits stood at £81.3m at 31 December 2016 2. Net cash outflows during the year of £21.9m have been kept below expectations with several matters being favourably resolved. Excluding restructuring and other non-recurring items, operating businesses consumed a net £3.3m. Also excluding non-recurring items, central spend (not including movements on creditors and provisions) was £9.5m. Overall spend on restructuring and other non-recurring items including businesses sold or closed and net of receipts was £9.1m.  There remain material provisions, primarily related to taxation, which are expected to be substantially resolved and settled during 2017.
 
2017 Outlook:
 
2017 will be another year of significant development for the Group. The continued reduction of losses and cash outflow will continue and the Board remains committed to maximise shareholder value and seek returns for these businesses in the most effective way and the Board will consider disposals where appropriate.
 
ptHealth and ingenie both continue to grow profitably. BAS is now demonstrating its capacity to be profitable and cash generative. Central costs will continue to be managed carefully at reduced levels consistent with the unresolved legacy matters and the needs of the organisation. The initiatives, restructuring and new launches in Hubio will now mean it will be 2018 before we see profits or positive cash flows for both Hubio and the Group as a whole. 
 
Indro Mukerjee, Group Chief Executive Officer said:
"We have made good progress in dealing with losses and those businesses that were not viable or non-core as well as developing profitable platforms in ptHealth, ingenie and BAS. Hubio, will take longer and we have restructured the businesses in that division appropriately. Our offerings remain relevant in segments that will see substantial growth in the next few years and we are focussed on building propositions for growing markets."
 
http://www.moneyam.com/action/news/showArticle?id=5482175

Hubio We're delighted that Hubio's Chief Operating Officer, Saleem Miyan will be joining the expert panel at TU-Automotive's UBI webinar tomorrow!(today) The experts from ptolemus, generalli and insurthebox will deliver their views on the future of connected motor insurance and tackle the topic of 'Can UBI tech form the basis for a suite of new motor insurance products?'
http://ow.ly/TnCe308lkYR

Hubio Fleet gains live traffic feature
By Natalie Middleton / 3 days ago

Hubio Fleet has added a live traffic display to the online dashboard for its tracking solution.



24/7 live tracking starts as soon as the ignition is turned on. Fleet managers can then see the location of their drivers in Google Maps as well as seeing what their drivers are seeing at any moment using Google Street View. This enables operators to quickly spot potential delays and re-direct drivers on new routes and even update their customers with a reason for a delay.

Hubio Fleet’s chief technology officer Andrew Betteley said: “We’ve added live traffic to our Live Map page as we continue to listen to feedback from fleet managers and owner/operators that are using Hubio Fleet.

“Live Traffic is overlaid onto the Live Map so that the fleet manager can see both where their vehicles are in real-time together with any congestion on the road networks at the same time.”

All journeys are recorded so that users can look back over trips to double check where drivers have been and how they have been driving.

Commenting on the new feature, Hubio Fleet customer Scott Cameron, the general manager of plumbing business McKerron & Milne Ltd which runs 12 vans, said: “The real-time tracking and live traffic information has really helped us allocate our vehicles more efficiently. Running a search enables us to quickly find the closest team to a particular location. We can check live traffic, redirect them if necessary, offering a quicker response and a greater level of service.”

Hubio Fleet is also offering a free 30-day trial of its OBD plugin tracker to businesses who run 10 or more vehicles, so they can learn how to use the dashboard and see the benefits of having the Hubio Fleet tracker fitted.

16 February 2017 
Watchstone Group plc
 
Issue of claim by Hubio Solutions Inc in respect of agreement with Aviva Canada Inc
 
Watchstone Group plc (LON:WTG) announces that its wholly owned subsidiary Hubio Solutions Inc ("Hubio Solutions"), a Canadian corporation, has issued a claim in the Ontario Superior Court of Justice against Aviva Canada Inc ("Aviva Canada") in respect of breach of contract and unpaid amounts due under an agreement entered into by the parties in October 2014 and announced on 21 October 2014 ("Agreement").
 
Aviva Canada has notified Hubio Solutions that it has issued a claim against Hubio Solutions and Ingenie (Canada) Inc (despite the fact that it was not party to the Agreement) in respect of this Agreement and otherwise.
 
Watchstone is confident in the strength of the Group's case and will defend any claim robustly. The Group is disappointed that having worked closely with Aviva Canada for many years, Aviva Canada has chosen not to fulfil its obligations under the Agreement or make the payments due as invoiced.
 
Watchstone will make further announcements in due course, as appropriate.

http://www.moneyam.com/action/news/showArticle?id=5497342

How portal adoption can accelerate your digital strategy #ICTC2017

Agent and Broker Portals are critical components in P&C insurers’ digital strategy. As insurers work to provide an enhanced digital experience across the entire distribution management life cycle, portals are at the centre of the experience.

While almost every insurer has an agent portal in place, we are seeing a rise in modernization as they now seek to replace and upgrade first generation technology that provided only a partial solution to their needs. As noted in EY’s whitepaper entitled Beyond the Agency Portal, “Agent portals have become a hot technology in P&C insurance circles after years of relative neglect.”

At the upcoming 2017 Insurance-Canada.ca Technology Conference on February 28th, Hubio’s Phil Henville, the Head of Canadian Operations, will speak on the topic in “What Lessons Can Broker-Based Insurers Draw From Direct Carriers?”. One of the key lessons pertains to the direct writer’s creation of a superior digital experience, anchored by a portal that responds to the needs of brokers, policyholders, and potential new customers.

What lessons can we learn from direct carriers?

In the North American market, independent agents and brokers have seen their market share steadily decrease over the past 20+ years as direct writers have invested heavily in their digital presence, and grown their market share.  Phil will expand on what are they doing right, and how insurers with an independent  broker or agent distribution channel can use technology to compete. He will explore how direct writers have created effective business processes that engage prospects, provide policyholders superior service, and offer the right policies to the right people at the right time and price.

Improve your digital experience

Digital insurance leaders are providing the broker channel with choices that fit with how producers, and CSR’s want to interact with them. This includes technology to handle uploads and downloads from their systems; the creation of staging and viewing areas for review and edit; and a user interface that is user-friendly, easily processed, refined and enhanced.

Our team will be exhibiting at the conference, ready to learn and discuss the importance of new portal technology. Come stop by and discover how Hubio is developing the next generation solution to deliver speed, integration, and an easy-to-use solution.

More than 70% of insurers are replacing or upgrading their portals in order to improve the ease of doing business for an agent [1] – stay ahead, speak to Hubio.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

http://www.moneyam.com/action/news/showArticle?id=5501004

Hubio will chair the Strategic Claims Panel at next week’s (this week's) Strategic Claims Conference

Our focus on building a digital, data-led future and technologies for the insurance sector means that The Strategic Claims conference is an event not to be missed for Hubio this year. Hubio is bringing new levels of data-driven insights to the insurance industry challenging and redefining established business models.

The conference will spark the debate on the challenge of developing an effective claims strategy which is becoming ever more complex – digital technologies and changing customer expectations have rapidly changed the insurance landscape whilst the pressure to reduce claims costs has intensified.

Neil Thomson, Strategic Sales Director at Hubio, will be chairing the Core Claims Systems session which will discuss that as technology and ‘digital’ continue to drive rapid changes, the question of what you do with claims legacy systems becomes ever more critical.  The panel examines the options, evaluates different approaches and aims to agree best practice for core system modernisation.

We will have exclusively available the pre-release Celent paper ‘The need for a Modern System’ authored by Craig Beattie, Senior Insurance Analyst. Our team will be able to demonstrate what a truly digital claims experience looks like, visit our stand.

The conference takes place on 2nd March at Etc. Venues, Fenchurch Place, London EC3M 4PB.

For more information on the programme and scope of the event, visit Strategic Claims website

Is this stock worth all this attention Banjo .

Hope so..........

“Insurers doing nothing with legacy claims systems is not an option” at Strategic Claims

“The insurance industry has an energy about it never experienced before” is how our team reflected upon last Thursday’s Strategic Claims Conference. It appears that there is a real appetite to change. As one speaker succinctly put it, legacy systems are around 18 years old; they were built to be robust and not for change.

Sarah Grayston, Head of Claims Transformation, RSA then summed it up perfectly by emphatically stating; “insurers doing nothing with legacy claims systems is not an option.”

The challenge for IT and Innovation departments is grappling with the emerging trends that this energy is creating, but having to work with existing systems to achieve the change without impacting day to day business, increasing costs or reducing staff morale.

The New Modern System

Working with Craig Beattie, Senior Insurance Analyst at IT specialist Research and Consultancy Practice Celent, we launched our Pre-Release Report – The Case for the New Modern System with the Conference delegates.

The report provides a case of there being several key trends impacting the insurance industry, to name just a few:

•How key trends such as the rise of the Internet of Things, the rise of AI and new ways of assembling software must drive changes in how insurers assemble their architecture?
•What new problems do these architectures solve and what old problems are solved in new ways?
•How is this new approach relevant to insurers now?
•More importantly, how does an insurer move in this direction?



The challenge of developing an effective claims strategy is becoming ever more complex – digital technologies and changing customer expectations have rapidly changed the insurance landscape whilst the pressure to reduce claims costs has intensified.

It draws the conclusion that now is the time for it to distinguish between its legacy technology architecture and look to create a new modern system, capable of rising to these new business challenges.

We at Hubio Enterprise Insurance understand this journey and are evolving our strategy and solution development to align with these constantly changing policy and claims environments. Our Hubio ICE Policy and ICE Claims suite fully supports the customer journey through every touchpoint, web, mobile and text, enabling insurers to fully engage with customers in the way they want to, increasing customer satisfaction and retention.

If you did not pick up a copy of our Pre-Release Report at Strategic Claims, we can send you an electronic version – email ann.smith@hubio.com in the first instance.

ingenie publishes 2017 Young Driver Report
March 2017/in Company News



Young driver insurance brand, ingenie, has released its 2017 Young Driver Report exploring the real world of 17 to 25-year-old drivers. Comprising ingenie’s telematics data, industry figures and opinions from the thousands-strong ingenie community, it covers topics ranging from crash rates to drug driving as well as the rising cost of motor insurance for young drivers in the UK.

The report comments on distracted driving, as the new driving laws with tougher penalties for drivers caught using their mobile phones came into force on 1 March. ingenie notes in the report, “Unfortunately, for young drivers, distraction is even more of a big deal. Young drivers don’t have a fully developed hazard perception centre in their brain until around 25, so newer drivers have to be actively concentrating at all times.”

A few interesting findings:

•ingenie’s average premium for a 17-year-old is £1,443 compared to an industry average of £2,112

•52% of young respondents said they either had a black box policy or were considering it

•58% of ingenie’s Twitter following said they never use their phone in the car

•The driving test pass rate is 50% and each retake adds a minimum of £206 to the cost of learning

•52% of young drivers told ingenie they thought they’d be fine to drive the day after smoking cannabis

•47% of ingenie’s survey respondents said they consider their parents as best friends

For the full analysis, read ingenie’s report. You can also find it for download on iTunes.

JPMorgan Chase & Co. increased their holding:

2,324,492 to 2,777,918 (6.03%)

http://www.moneyam.com/action/news/showArticle?id=5517938

23 March 2017
 
Watchstone Group Plc
 
("Watchstone" or the "Company")
 
Director declaration
 
The Company announces in accordance with AIM Rule 17 of the AIM Rules for Companies, that it has been informed today by Richard Rose, the Non-Executive Chairman of the Company, that Blue Inc (UK) Limited, a private company of which Mr Rose is a director, entered into a company voluntary arrangement on 22 March 2017.

http://www.moneyam.com/action/news/showArticle?id=5517929
 

On the changing face of the insurance industry, with Celent

The insurance industry is evolving at a fast pace in the wake of challenges and opportunities put forward by changing customer demands, compliance requirements, proliferation of digital devices, enhanced connectivity, and others.

Hubio held an interview with Craig Beattie – Celent’s Senior Insurance Analyst – and created an exclusive report on the Case for a New Modern System.

The report addresses the key insurance technology questions:

•What key trends are driving digital insurance?

•How are these manifesting in insurance?

•What does this mean to the business case?

The Case for a New Modern System

In this report, Celent makes the case that there are seven trends impacting the insurance industry that both enable, and drive the need for, a new modern system at the heart of an insurer. Here we distinguish a new modern system from those that emerged over a decade ago.



These trends are enabling new propositions in the industry such as IoT enabled products, as well as new solutions to old problems with adaptive systems responding to partners and customers changing needs.

These new possibilities and capabilities require some thought to be given to the business case. The benefits covered in a similar report conducted by Celent, nearly 10 years ago (2008) still stand but new sources of benefits are presented making the case for a new modern system.

Celent describes the key differences between a modern system and a new modern system as capabilities in new delivery of the systems as well as the ability to incorporate small or micro-integrations with new services, new automatics techniques and new data.

Hubio Enterprise Insurance suite has the power of next-generation processing that digitises the way claims and policies are handled. Hubio can enable organisations to increase strategic capability, flex propositions to meet market demands and significantly reduce costs.

BAS Energy – Proud Supporter of Vertas Making the Difference Staff Awards 2017
March 2017



BAS Energy, having developed a partnership with Vertas Global Limited last year, were delighted to celebrate Verta’s Making the Difference Staff Awards 2017 this month. Our partnership began after securing the contract to manage the entire energy (electricity and gas) portfolio for Suffolk Country Council’s procurement framework for a minimum of 3 years last September. We continue to work closely with Vertas and were thrilled to join them in their celebration to honour the commitment and excellence of Vertas employees.

The award ceremony which was held at the Sir Bobby Robson Suite at Ipswich Town Football Club, was attended by 160 guests. We would like to congratulate all of the 2017 winners, including Jenny Love who won the Customer 1st award which was proudly sponsored by BAS Energy. Commenting on the Award, Andy Blake, BAS Energy’s Commercial Director said, “What makes these awards so special is that they reward the Staff members for their focus on positive customer experiences, which is embedded in the ethos at BAS Energy.”

Ian Surtees, Vertas Group Limited’s Chief Executive Officer commented, “Customers are our life blood. This award recognises a member of our Vertas team that has provided exceptional customer and/or client service over a sustained period of time and who has demonstrated a ‘customer first’ culture.”

“I’m delighted that our second Making the Difference Staff Awards ceremony was a huge success. My congratulations go to the winners and finalists of 2017.”

“This event provided the opportunity for us to recognise and celebrate our colleagues who consistently demonstrate excellent business practices and provide quality customer service within their role. These individuals strive to go above and beyond to ensure that their clients and customers have truly positive experiences with us.”

To see the full list of winners and to find out more information about the awards ceremony, visit https://www.vertas.co.uk/awards.

For more information about BAS Energy, please visit www.bas-energy.co.uk.

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 13 March 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Sand Grove Capital Management LLP-----------3,471,638-----------------------7.54%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%


Subtotal------------------------------------------17,451,107----------------------37.91%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 13 March 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
http://www.watchstonegroup.com/investors/shareholder-information/

Business benefits of Hubio Fleet to come under focus at CV Show
By Natalie Middleton / 2 days ago /

Telematics specialist Hubio Fleet is to provide an insight at the CV Show into how telematics can provide fleets with a safer and more efficient way to monitor their drivers.

Hubio Fleet is aimed at both SMEs to large corporate firms with hundreds of fleet vehicles and provides two trackers: an OBD plugin that plugs directly into a vehicle’s on-board diagnostics port (OBD port) and a larger black box that is professionally fitted and hidden out of sight.

Data from both devices is transmitted over the mobile phone network and users can then see exactly where their drivers are in real-time using a dashboard accessed through any web-enabled device with a username and password.

The Hubio stand at the CV Show will provide continual live demonstrations of Hubio Fleet and visitors will be able to find out how the platform can be used to monitor driver behaviour, draw geofences and create fleet reports. As a result, fleets can monitor instances of speeding, hard acceleration, cornering and braking not only to save money but also to educate drivers to improve their driving behaviour.

CV Show visitors can also make one-to-one bookings at www.hubiofleet.com/cv-show-2017.

Saskatchewan Mutual Insurance Company Goes Live with eDocs with Hubio, Obtaining CSIO Certification for Personal and Commercial Lines
April 2017/in Company News


Hubio, a provider of technology solutions for P&C insurers, is pleased to announce that Saskatchewan Mutual Insurance Company has obtained CSIO Certification for both Personal and Commercial Lines eDocs. They are now able to download Personal and Commercial Lines electronic documents to multiple broker management systems including Applied TAM/EPIC, Keal, CIMData, CSSI The Broker Workstation and PowerBroker.

Saskatchewan Mutual Insurance Company provides commercial, farm, personal property and liability insurance, as well as excess auto insurance. Exclusively broker-based, they have invested in a download solution in order to assist brokers in managing their customers’ needs. Now that CSIO has provided certification for Personal and Commercial Lines, Saskatchewan Mutual Insurance Company is now able to offer brokers eDoc capabilities across all their lines of business.

Laura Wiebe, President of Saskatchewan Mutual Insurance Company stated, “Over the past several years we have been making major investments to upgrade our technology, and promote broker ease-of-doing-business. We completed the upgrade to our enterprise system and now are able to deliver solutions to help our broker partners compete. eDocs download represents one element of our investment, and we are planning further efforts to ensure we remain competitive.”

Matina Kipouros, Vice President Underwriting & Marketing at Saskatchewan Mutual Insurance Company added, “Our team was able to take eDocs live quickly, and we are pleased with the effort from Hubio. They are a leader in broker connectivity technology, and we are very happy with the solution.”

The eDocs download meets CSIO standards and is CSIO certified. Catherine Smola, President & CEO at CSIO commented, “I am very pleased that Saskatchewan Mutual Insurance Company has successfully implemented an eDocs solution that follows CSIO standards, and provides eDocs for both Personal and Commercial lines of business.”

Hubio technology is in use in many eDocs projects across Canada. Hubio technology connects brokers with insurers to improve competitiveness, enhance policyholder satisfaction, and gain overall efficiencies.



About Saskatchewan Mutual Insurance Company

Saskatchewan Mutual Insurance Company is a federally licensed insurer operating successfully in Alberta, Saskatchewan and Manitoba. The Head Office is located in Saskatoon, with service offices in Calgary, Regina and Winnipeg. As a mutual property and casualty company, Saskatchewan Mutual Insurance is owned by its policyholders and its profits are reinvested to help keep premium rates low. The Company has remained successful over the years and has never lost sight of its primary objective set out in 1908 – to provide the best service it possibly could to its policyholders.

http://www.watchstonegroup.com/saskatchewan-mutual-insurance-company-goes-live-edocs-hubio/

Hearing Excellence Newest InnoCare Client
April 13, 2017 By: Kerrie-Ann Bernard

Hamilton, ON April 12, 2017-- InnoCare Ltd. announces a new partnership in the audiology industry. They have partnered with Hearing Excellence, a leader in the hearing test, hearing aid, and tinnitus management market. InnoCare now offers Connect, call answering service, to all six Hearing Excellence locations across the Greater Toronto Area.

Hearing Excellence offers a mix of hearing solutions, including the highest quality hearing aids from all leading manufacturers, assistive listening devices, ear and wax hygiene products, ear and noise protection products.

InnoCare Connect utilizes live agents specially trained to take calls from the medical sector. In addition, to call answering, the Connect service also includes direct booking, a secure online portal to retrieve messages, and extensive data.

InnoCare Connect is but another element of the excellent customer care Hearing Excellence offers each and every client. InnoCare is delighted to be working with Hearing Excellence to provide top-quality patient experiences. CEO Heather Shantora notes that “At InnoCare, we believe that the patient comes first. This expansion into the audiology industry is an exciting step for InnoCare as we continue to expand our capabilities across new healthcare sectors. Through our partnership with Hearing Excellence, InnoCare Connect will empower patients to take control of their care from their homes, at a time that suits their schedule.”

 
About Hearing Excellence

Founded by Sharad and Vineeta Ojha, Hearing Excellence is considered among the best in the audiology industry. All six locations have experienced clinicians on staff that offer expert knowledge on products and provide industry-leading care. In addition to products, Hearing Excellence offers expert services such as hearing tests and assessments, hearing aid care and repair, tinnitus management, earwax management, aural rehab, and more.

16:54 Watchstone Group PLC (WTG) - Holding(s) in Company-RNS

Polygon Global Partners LLP
Reade Eugene Griffith

Have taken a position 2,356,709 (5.119%)

http://www.moneyam.com/action/news/showArticle?id=5534690

Very interesting and informative interview with InnoCare CEO Heather Shantora

Interview: InnoCare CEO on Business News Network

April 2017/in Company News

InnoCare CEO Heather Shantora appeared live on Business News Network’s (BNN) Business Day AM, with co-hosts Amber Kanwar and Jon Erlichman.

As a Canadian healthcare market leader focused on the development of innovative technology, InnoCare provides propriety cloud-based practice management software and back office administrative support services to optimise clinic operations.

In the interview, Heather highlighted the inefficiencies in the delivery of healthcare in Canada and the role of technology in reducing the administrative burden on clinicians and improving access to care for patients. Heather also discussed the features of InnoCare’s newest digital charting app, focusing on its most innovative and market defining feature; insurance form auto-population.

Watch the full interview:

http://www.watchstonegroup.com/interview-innocare-ceo-business-news-network/

Dialectic Offshore, Ltd. reduced their holding dropping below 5%, this was reached
10th March 2017 but only announced today! lol

http://www.moneyam.com/action/news/showArticle?id=5534827

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 20 April 2017
.
Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Sand Grove Capital Management LLP-----------3,471,638-----------------------7.54%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
Polygon Global Partners LLP----------------------2,356,709----------------------5.12%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%
Dialectic Capital Management LP----------------2,307,438-----------------------5.01%


Subtotal------------------------------------------19,807,816----------------------43.02%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 20 April 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

Hubio Fleet announces new upgrades to vehicle tracking platform
April 2017/in Company News



Unveiling at the Commercial Vehicle Show at the NEC, Birmingham this week, Hubio Fleet showcases the addition of an integrated 3G camera, CAN Bus technology and mobile app to their offering. As well as fuel savings and measuring driver behaviour, fleet managers can now take advantage of real-time crash and incident notification, simplifying the insurance claims process.

The new 3G camera enables fleet manager and operators to watch video footage within minutes of a driving incident occurring, allowing immediate claim intervention with first notification of loss (FNOL), helping to minimise claims and protect drivers.

In addition, Hubio Fleet has also introduced a mobile phone app that both fleet managers and drivers can use. The app gives fleet managers full visibility of their vehicles and drivers from anywhere with mobile signal. Meanwhile the driver version of the app allows drivers to monitor themselves, giving them the opportunity to improve their driving performance without needing direct intervention from the fleet manager.

Hubio Fleet’s General Manager Russell Olive says:
“We have worked hard to significantly enhance and add features that we think will dramatically benefit fleet managers.

The addition of the camera not only helps understand driving incidents, but the footage can also be used in conjunction with harsh driving alerts allowing fleet managers to coach drivers that are putting the fleet at risk.

Add to that the powerful reporting insights and the option of the CAN Bus Black Box and fleet managers really do now have a powerful and easy-to-use way of getting the best from their fleets and their drivers.”

Hubio Fleet is exhibiting at the Commercial Vehicle Show at the NEC from 25th – 27th April 2017.

For more information about Hubio Fleet, please visit www.hubiofleet.com

Heather Shantora on The Bill Kelly Show

April 19, 2017 | Media Release | By: Kerrie-Ann Bernard

Hamilton, ON, April 19, 2017-- InnoCare CEO Heather Shantora joins Bill Kelly on the one-year anniversary of InnoCare Ltd to discuss how cooperation and collaboration are behind Hamilton's healthcare tech bubble and the role of technology in ensuring complete and seamless patient care for Canadians. Listen to the complete interview below!

27 April 2017 
Watchstone Group plc
 
Preliminary results for the year ended 31 December 2016

Watchstone (AIM:WTG.L) today announces its results for the year ended 31 December 2016.
 
Financial:

·     Underlying* business revenues increase to £60.7m (2015: £54.9m)
·     Total revenues rise to £63.8m (2015: £58.8m)
·     Underlying EBITDA**  loss of £9.8m (2015: loss of £15.1m)
·     Group Operating Loss of £20.9m (2015: £177.6m)
·     Total loss after tax of £69.1m (2015: profit of £274.9m) including £50.1m impairment of escrow receivable
·     Group net assets (excluding contingent liabilities) of £68.5m (2015: £137.1m) representing approximately 147 pence per share. Group reported net assets no longer includes the escrow receivable following impairment
·     Group cash and term deposits at 31 December 2016 of £81.2m (2015: £103.2m)
*Underlying includes Hubio, ingenie, Healthcare Services, BAS and Central
**EBITDA is Earnings Before Interest Tax Depreciation Amortisation and Impairments
Operational:
·     Group complexity reduced with disposal or closure of a number of loss making, cash consumptive businesses
·     Growth and profitability delivered in our largest businesses, ptHealth and ingenie
·     Reshaping of Hubio completed including substantial reduction of cash requirements and the launch of our new UBI proposition based on ingenie's leading IP
·     Plan to prepare all remaining businesses for potential divestment and establish new way of working with the substantially reduced central team / Board by the end of 2017
 
Current trading (unaudited):

·     Overall trading is in line with expectations with continued good momentum in ptHealth and ingenie
·     Unaudited underlying group revenue for Q1 2017 is up 4% vs. Q1 2016
·     Continued improvement in underlying EBITDA loss with expectation of significantly lower losses vs. 2016 reflecting the operating improvements made in 2016 and since
·     Unaudited overall group operating loss is an improvement of approximately 40% for Q1 2017 vs. Q1 2016
·     ptHealth has had a good start to the year
o  continued emphasis on clinic optimisation and InnoCare sales
o  unaudited revenue of £7.3m in Q1 2017 (an increase of approximately 11.5% vs. Q1 2016 (excluding exchange rate fluctuations)          
·     ingenie is performing well
o  taking advantage of the continued market opportunities seen in UK insurance telematics
o  unaudited revenue of £3.9m in Q1 2017 (an increase of approximately 11% vs. Q1 2016)
·     Smaller and more focused Hubio footprint with a clear strategy as explained in the Group Chief Executive's Update
·     BAS revenue is broadly in line with Q1 2016 and budget expectations
·     As at 21 April 2017, Group cash and term deposits was (unaudited) £71.8m
o  Cash outflows since year end reflect both typical settlement of outstanding 2016 invoices, staff bonuses and settlement of non-underlying liabilities. This rate of spend is not expected to be reflective of the trend for the full year
o  Group cash excludes escrow monies of £50.1m
 
 
Indro Mukerjee, Group Chief Executive Officer said: "After some 20 months with the Group, I can confidently say that, with the rather broad set of things to do, there has never been a dull moment. Our actions and improvements means the business has entered 2017 in a clearer and stronger position than in 2016. I believe that we will best serve our shareholders by realising the value of our operating businesses (through sale, merger/demerger or IPO) at the optimal time; by managing legacy matters in the most efficient manner; and then to return the maximum cash to shareholders at the earliest opportunity subject always to the need to ensure the interests of creditors are adequately safeguarded (including in respect of any contingent liabilities). As such, I have recommended, and the Board has agreed, a plan of action which will result in completing the phase I started back in September 2015 and which will move Watchstone into its next phase by the end of 2017. On a personal level, this will signify the end of my work with the Group. I have informed my colleagues of my intention to stand down as Group CEO and resign from the Board, both as of 31 December 2017."

Richard Rose, Non-executive Chairman said: "2016 was another busy year for Watchstone as we continued to work through operational and organisational change while dealing with a multitude of legacy legal and taxation matters. The Board has decided that all remaining businesses will now be prepared for divestment. In readiness for possible disposal, the companies will be shaped to operate more autonomously, with Watchstone taking a more strategic role rather than seeking to operate the businesses.   The timing for any potential divestment or any alternative strategic option will be determined with a view to maximising shareholder value. Under the leadership of Indro Mukerjee, we are now well placed to move to a much simpler and significantly reduced cost group structure by the end of 2017 at which point Indro's work to provide a strong and stable platform for Watchstone and its businesses to generate value for shareholders will be complete."

The Annual Report and Accounts for the year ended 31 December 2016 will be released by 5 May 2017 and posted to registered shareholders. Once published a full version will be available at www.watchstonegroup.com/investors.
 
The 2017 AGM will be held at 10.30am on 27 June 2017 at Vauxhall & Lambeth Suite - 2nd Floor, Park Plaza County Hall, 1 Addington St, Lambeth, London SE1 7RY. Notice of the Annual General Meeting ("AGM") and a Form of Proxy will be posted to registered shareholders in due course.

http://www.moneyam.com/action/news/showArticle?id=5538406

Are you flogging a dead horse here banjo , it just goes down and down , is it worth the effort .

VICTIM, It's not too much effort on my part to be fair and should be very interesting watching WTG evolve over the next year!

Broker Forecast - Peel Hunt issues a broker note on Watchstone Group Plc
BFN

Peel Hunt today reaffirms its buy investment rating on Watchstone Group Plc (LON:WTG) and cut its price target to 223p (from 290p).

http://www.moneyam.com/action/news/showArticle?id=5538700

5 May 2017 
Watchstone Group plc

Report and Accounts for the year ended 31 December 2016

Watchstone (AIM:WTG.L) announces that it has today published its Annual Report and Accounts for the year ended 31 December 2016 on the Group's website at http://www.watchstonegroup.com/investors/ along with the Group Finance Director's financial presentation and voiceover. Watchstone also announces that it will file its Accounts with Companies House today.
 
The Annual Report and Accounts for the year ended 31 December 2016 will be posted to registered shareholders.
 
The 2017 AGM will be held at 10.30am on 27 June 2017 at Vauxhall & Lambeth Suite - 2nd Floor, Park Plaza County Hall, 1 Addington St, Lambeth, London SE1 7RY. Notice of the Annual General Meeting ("AGM") and a Form of Proxy will be posted to registered shareholders in due course.

http://www.moneyam.com/action/news/showArticle?id=5543800

Reaction to the launch of Hubio Fleet’s upgraded platform and 3G camera

Returning from 3 days at the CV Show, we were thrilled by everyone’s feedback.
We were delighted to launch our upgraded platform and integrated 3G camera at this year’s Commercial Vehicle Show at the NEC in Birmingham. The show was a great opportunity to show off our latest products. Amongst the hundreds of exhibitors, Hubio Fleet stood front and centre demonstrating the rich new offering to Fleet Managers and Fleet operators over the 3 days.

With a 3G camera now part of the platform, Fleet Managers loved that they can now watch video footage within minutes of a driving incident occurring. This allows immediate claim intervention with first notification of loss (FNOL), helping to minimise claims and protect drivers.

The Hubio Fleet team in attendance was able to demonstrate the platform to a large number of visitors to the stand and we received excellent feedback, reaffirming that the upgraded platform was an ideal solution to businesses from a variety of industries.

Russell Olive, our General Manager says, “We have worked hard to significantly add features that we think will dramatically benefit fleet managers and it was brilliant bringing this to the CV Show.”

Russell and the rest of the Hubio Fleet team were able to demonstrate all the benefits of a 3G camera with integrated tracking to the 20,000 visitors at the show.  The team were also able to exhibit how Fleet Managers can now also fit a CAN Bus Black Box version of Hubio Fleet, providing accurate engine data such as over revving and PTO.
Visitors were excited by how easy it was to use the new mobile app. The app not only allows Fleet Managers to gain an overview of their fleet wherever they are, but the drivers can check their own driver score allowing them to proactively make changes to their driving behaviour.

Russell added, “It was great receiving such positive feedback on everything we brought to the CV Show. We are already looking forward to next year.”

11 May 2017 
Watchstone Group plc
 

Prospective claim by Slater and Gordon
 
Further to its announcement on 30 November 2016, Watchstone Group plc (LON:WTG) has now received further correspondence from a firm of solicitors acting for Slater and Gordon Limited (ASX: SGH) ("SGH") stating that it intends to issue proceedings by the end of this month. Its letter states that SGH intends to make a claim for a total amount of approximately £600m on the basis that but for fraudulent misrepresentation it would not have entered into the transaction at all.
 
A groundless claim for fraudulent misrepresentation was dismissed by the independent barrister in respect of the warranty escrow process relating to the sale of the Professional Services Division in November 2016 ("Opinion"). The Opinion, which was formed on the basis of evidence provided by both SGH and Watchstone, stated that a misrepresentation claim was not a bona fide claim with a better than 50 per cent prospect of success.
 
Watchstone denies any misrepresentation in the strongest terms and remains satisfied that neither the warranty claim nor a misrepresentation claim have merit and will defend such claims robustly if proceedings are brought.
 
Despite multiple requests, SGH has continuously declined to disclose key evidence in its possession which would be relevant to the merits and quantum of its purported claims. Watchstone believes this evidence will be available to it in the event that SGH issues proceedings and it intends to seek disclosure of such information at the earliest possible opportunity.
 
Watchstone will make further announcements in due course, as appropriate.

http://www.moneyam.com/action/news/showArticle?id=5547052

pt Health Launches Online Store
May 2017/in Company News

pt Health, a leader in the delivery of physiotherapy care expands into e-commerce.
pt Health, one of Canada’s largest chains of allied healthcare clinics, known for the delivery of physiotherapy, massage therapy, chiropractic care, acupuncture, and other wellness services, is proud to announce the launch of its online Product Store. pt Health Product Store launched May 1st, 2017, it features health and wellness products to suit every need.

pt Health’s online Product Store offers the same great products as their clinics. While also expanding their product offerings significantly, including a wide selection of seat cushions and backrests, pain management solutions, as well as vitamins and supplements. Peter Ruttan, Vice President of pt Health, underscores the importance of this expansion, saying, “In addition to our 230 corporate and network clinics located across Canada, our patients will now have 24/7 access to the products they need. This is a great opportunity for us to ensure Canadians get both excellent care and the products they need to support their recovery at home.” Heather Shantora, CEO of pt Health, adds, “we are excited to expand our service offering into online shopping. This expansion into a multichannel patient experience really marks a turning point for us.”

The pt Health online Product Store brings the pt Health experience full circle. Patients can find the products they need online to support their recovery, all with the same great care and attention to detail people expect from pt Health.

About pt Health
pt Health is Community Clinic Network with 230 corporate and network clinics located across Canada. pt Health clinics offer physiotherapy, massage therapy, occupational therapy, acupuncture, psychology, hand therapy, and chiropractic among other services in an interdisciplinary setting. Clinics also provide custom bracing and orthotics services, compression stockings, and home rehabilitation products.
To learn more about pt Health, please visit http://www.pthealth.ca/ or https://store.pthealth.ca/

InnoCare Ltd. and League Team Up to Streamline Access to Health Clinics for Canadians
May 2017/in Company News

InnoCare Ltd. announces a new partnership in the extended health benefits industry. Pairing with League Inc., the digital alternative to traditional health insurance, InnoCare will add their Canada-wide network of clinics to League’s comprehensive list of healthcare providers.

Known for their innovative approach to health benefits, League provides a digital platform connecting employers and consumers with health and wellness service providers. Unlike traditional employee health benefits, League unlocks restrictive caps and allows employees to use their allotted spend on the services they need most.

“We are delighted to join such a progressive Canadian company in the provision of wellness solutions. Combining our extensive network of clinics with League’s consumer-first service offering means we can extend our reach and help even more Canadians get the care they need,” states Heather Shantora, CEO of InnoCare.

InnoCare’s extensive Canada-wide network of health clinics offers a variety of paramedical services including physiotherapy, massage therapy, acupuncture, chiropractic care and more, all in an interdisciplinary clinic setting. InnoCare is dedicated to building efficiencies through the use of technology to streamline care and get patients healthy, faster.

Michael Serbinis, Founder and CEO of League, built the platform to help people better prioritize their health. “Employers are seeing the value in providing their employees with improved access to quality healthcare services like InnoCare. The ability to manage the entire process through a seamless, end-to-end digital experience makes it easy.” Through this partnership, both companies hope to continue to push for innovation in the delivery and management of healthcare services in Canada.
 
About League
League Inc. is the new digital alternative to traditional health insurance that connects employers and employees to a comprehensive network of health services and benefits, giving them unparalleled choice, convenience and value. League unlocks employee benefits to give everyone the power to act every day and live longer, healthier, happier lives. League Insurance Agency Inc. is a licensed subsidiary of League Inc.
For additional information about League Inc, visit League.com
 
About InnoCare
InnoCare Ltd. is a Canadian healthcare market leader focused on the development of innovative healthcare technology designed to anticipate and respond to the growing needs of Canadian healthcare professionals and patients. InnoCare provides propriety cloud-based practice management software and back office administrative support services designed specifically for independent clinic owners across Canada. These services include a Canada-wide network of paramedical healthcare clinics, a state of the art call centre, centralized billing, marketing, HR, and payroll services.
For additional information about InnoCare, visit Innocare.ca

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Société Générale SA (SG SA) have purchased 3,741,715 (8.13%)

http://www.moneyam.com/action/news/showArticle?id=5549067

Link to historic 'Shareholder information'


Before it gets updated....................

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 12 May 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,471,638-----------------------7.54%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal------------------------------------------20,551,784----------------------44.64%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 12 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

18:00
Watchstone Group PLC (WTG)
Holding(s) in Company

Deutsche Bank AG, London Branch from 3,471,638 to 3,787,781 (8.23%)

http://www.moneyam.com/action/news/showArticle?id=5549465

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 15 May 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------20,867,927--------------------45.33%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 15 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

BEACH POINT CAPITAL MANAGEMENT LP have added:
From 6,285,977 to 6,446,581 (14.00)

http://www.moneyam.com/action/news/showArticle?id=5549588

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 16 May 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,446,581----------------------14.00%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------20,867,927--------------------45.35%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 16 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 16 May 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,446,581----------------------14.00%
Polygon Global Partners LLP---------------------5,625,000----------------------12.22%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------21,095,968--------------------45.82%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 16 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

I think you deserve a medal banjo .

Yes, I may deserve a medal but I'd rather have a miracle for this one! :-)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

BEACH POINT CAPITAL MANAGEMENT LP bought more:

From 6,799,378 to 6,925,378 (15.04%)

http://www.moneyam.com/action/news/showArticle?id=5552806

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 22 May 2017.


Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------6,925,378----------------------15.04%
Polygon Global Partners LLP---------------------5,625,000----------------------12.22%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------21,574,765--------------------46.86%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 22 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
http://www.watchstonegroup.com/investors/shareholder-information/

BEACH POINT CAPITAL MANAGEMENT LP increased from:

7,247,569 to 7,412,190 (16.10)

http://www.moneyam.com/action/news/showArticle?id=5556378

Link to historic 'Shareholder information'

Shareholder information
The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 26 May 2017.


Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,412,190----------------------16.10%
Polygon Global Partners LLP---------------------5,625,000----------------------12.22%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------22,061,577--------------------47.92%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 26 May 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).
http://www.watchstonegroup.com/investors/shareholder-information/

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

BEACH POINT CAPITAL MANAGEMENT LP now gone over 17%

From 7,804,152 to 7,888,718 (17.14%)

http://www.moneyam.com/action/news/showArticle?id=5563813

Hubio Fleet becomes Van Excellence partner
08/06/2017

Hubio Fleet has become a bronze partner in the Freight Transport Association’s Van Excellence scheme.

Van Excellence outlines 'what good looks like' in van operations and cameras/telematics are listed as beneficial for any operator of vans and fleets, which is why Hubio Fleet has become a partner.


Hubio Fleet’s general manager, Russell Olive, said: “The majority of our customers operate vans and we trust that this partnership will reassure all of our current and future customers that Hubio Fleet shares the same values and operating methods that the FTA recommends and they comply with.”

Barrie Wilson, FTA’s regional manager for vans, said: “We are delighted to welcome Hubio Fleet as a Van Excellence Bronze Partner and look forward to working together to promote best practice and raise compliance levels within the van industry.”

Hubio will chair the Next Generation Claims Workshop at the TINtech Conference

At Hubio, we work with our customers to deliver innovative, technological solutions to the insurance industry.

As digital technologies continue to pervade and underpin every aspect of insurance, it’s never been a more critical time to devise and implement an effective technology strategy – the key challenge is bringing IT and the business together to deliver successful change.

Neil Thomson, Strategic Sales Director at Hubio, will be chairing the Next Generation Claims Technology Workshop which will discuss how to successfully transform claims to meet digital customer expectations, improve efficiencies and drive up retention. The Workshop will examine claims processes, change management and leveraging new technologies.

The conference takes place on Thursday 15th June at the Grand Connaught Rooms, London.

For more information on the programme and scope of the event visit the TINtech website

InnoCare Ltd the Official 2017 Continuing Education Partner for The Ontario Chiropractic Association
June 9, 2017 | Media Release | By: Kerrie-Ann Bernard

Toronto, Ontario – The Continuing Education Committee of the Ontario Chiropractic Association (OCA) has selected InnoCare Ltd as the OCA's continuing education sponsor of 2017. 

InnoCare is proud to be the 2017 Continuing Education Partner for the OCA. InnoCare CEO Heather Shantora notes "continuing education plays a vital role in providing quality care to Canadians. That's why we are honoured to be an educational partner with the OCA."

InnoCare is committed to providing ongoing educational support and professional development to approximately 3,500 OCA members. In addition to quarterly webinars, InnoCare’s participation contributes to delivering a professional development curriculum offered to OCA members, helping them build and nourish success in practice.
 
About The Ontario Chiropractic Association
The OCA represents Ontario’s chiropractors. Established in 1929, the Ontario Chiropractic Association (OCA) is a voluntary professional association whose mission is to serve members and the public by advancing the understanding and use of chiropractic care.

Link to historic 'Shareholder information'

Shareholder information
The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 8 June 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Polygon Global Partners LLP---------------------6,000,000----------------------13.03%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------22,913,105--------------------49.77%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

Current total shares in issue 46,038,333 as at 8 June 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

14 June 2017 
Watchstone Group plc
 
Claim by Slater and Gordon (UK) 1 Limited ("SGH")
 
Further to its announcements on 30 November 2016 and 11 May 2017, Watchstone Group plc (LON:WTG) ("Watchstone") has now been served with High Court proceedings issued by SGH for breach of warranty and/or fraudulent misrepresentation for a total amount of up to £637m plus interest in damages.
 
As previously detailed, Watchstone will defend such claims robustly.
 
Watchstone will make further announcements in due course, as appropriate.

http://www.moneyam.com/action/news/showArticle?id=5567043
 

27 June 2017 
Watchstone Group plc
 
Board Appointment

Further to the announcement that Indro Mukerjee will resign from the Board after completing his planned work at the end of this year, Watchstone confirms that Stefan Borson, Group General Counsel & Company Secretary, will succeed him as Group Chief Executive Officer. 
 
Upon appointment, Stefan, who has worked with the Group for almost three years, will also continue his existing responsibilities, ensuring continuity on all legal and regulatory matters.
 
Watchstone also intends to reduce the size of its Board as of January 2018 to comprise Richard Rose, Non-executive Chairman; Stefan Borson as Group Chief Executive Officer (who will join the Board on Indro's departure); Mark Williams, Group Finance Director; and two further non-executive directors. Two of the current non-executive directors will resign at the end of the year and a further announcement will be made in due course.
 
Richard Rose commented: "For the rest of the year, Indro, Stefan and I will continue to work closely with the rest of the Board to effect a smooth transition to the new structure. With a twenty-year career in finance, legal and management positions, we believe that Stefan has the right blend of experience to successfully lead Watchstone into its next phase."
 
Information required under paragraph (g) of Schedule 2 of the AIM Rules will be made at the time of the formal appointment of Mr Borson.

http://www.moneyam.com/action/news/showArticle?id=5574018

27 June 2017 
Watchstone Group plc
 
Result of AGM and AGM statement
 
Watchstone (LON:WTG) announces that all resolutions at its Annual General Meeting, held earlier today, were duly passed.

Richard Rose, Non-executive Chairman of Watchstone said: "We are on track with the strategy and execution of our plan to prepare our businesses for future disposals. These potential divestments or any alternative strategic options will be determined with a view to maximising shareholder value taking all factors into consideration.

With the stablisation and improvement of our operating businesses, there is no undue pressure to dispose of assets unless fair value is achieved.   

We have already communicated that Watchstone will be run by a smaller central team and Indro Mukerjee has stated that he will resign from the Board having completed his planned work at the end of this year.
 
Indro will be succeeded by Stefan Borson, Group General Counsel & Company Secretary, who will take over as Group Chief Executive Officer following Indro's departure.  Stefan will continue his existing responsibilities, ensuring continuity on all legal and regulatory matters.
 
In line with this next phase, we will reduce the size of the Board as of January 2018 and this will be comprised of me as Non-executive Chairman; Stefan Borson (who will join the Board upon Indro's departure); Mark Williams, Group Finance Director; and two of the current non-executive directors. The remaining two non-executive directors will resign at the end of the year and an announcement will be made on this in due course.
 
For the rest of the year, Indro, Stefan and I will continue to work closely with the rest of the Board to effect a smooth transition to the new structure. This transition work will include: further strengthening of our operating businesses' management teams; the implementation of a number of business improvements to give greater operational autonomy to our portfolio companies; and the continued guidance of their development as an owner. In addition, Watchstone will continue with its divestment strategy as well as bringing the legacy and other legal issues to their satisfactory conclusion.
 
This will all be done with a view to maximising the amount of cash to be returned to shareholders at the earliest possible opportunity. As previously announced, this has been delayed by the commencement of legal proceedings by Slater & Gordon (UK) 1 Limited and whilst we believe that their accusations are groundless and without merit, it would not be possible for the Board or a Court to sanction the distribution of assets or cash whilst this litigation remains active.
 
I would like to thank Indro for his dedication and ability to lead the Group through a series of complex legacy issues. Indro has had to tackle a range of challenges, has increased revenues and cut losses and has established a foundation to enable the Group to deliver the best possible value to our shareholders."

http://www.moneyam.com/action/news/showArticle?id=5574290

Spotlight on ingenie


June 2017

Watchstone Group is pleased to share a spotlight video on our ingenie business. This video features the Watchstone Group CEO, Indro Mukerjee and Mike Ketteringham and Cara Hurlock from the ingenie senior management team as they talk about ingenie’s success to date as an insurtech pioneer.

They explain how the business was founded on a passion for road safety and driven by innovation in data and technology that underpins everything. Building on the wealth of data and deep expertise in insurtech, they share their excitement on ingenie’s strong position for future growth.

http://www.watchstonegroup.com/spotlight-on-ingenie/

Settlement the first step in saving Slater & Gordon from oblivion
The Australian
1:59PM July 11, 2017
http://www.theaustralian.com.au/business/opinion/stephen-bartholomeusz/settlement-the-first-step-in-saving-slater-gordon-from-oblivion/news-story/a10aca78bcc470aeda22ce803dca48a9

Slater and Gordon shares jump 13.5% on $28m class action settlement
Financial Times
16 hours ago by: Hudson Lockett

https://www.ft.com/content/b803b237-e474-30d3-bef0-8631f5e13b88?mhq5j=e3

Polygon Global Partners LLP have increased their stake to 6,564,379 (14.259%)

Reade Griffith holds a majority of the voting rights in Polygon Global Partners LLP. Consequently, Polygon Global Partners LLP is a “controlled undertaking” in relation to Mr. Griffith.

http://www.watchstonegroup.com/8392k/

InnoCare Launches Engage: A Fully Automated & Personalised Email Marketing Tool for Clinicians


July 2017/in Company News


InnoCare has released Engage, an automated and personalised email marketing system strategically designed to increase clinic revenue. Engage helps clinicians maintain relationships with their patients by recommending appropriate health care products, cross referring them to clinic services, reaching out when a patient self-discharges to encourage them to complete their treatment plan and attend future appointments.

Integrated with InnoCare Charting+, ‘trigger-based’ emails are sent at specific intervals during the patient’s treatment journey. Unlike traditional email platforms that require spreadsheet uploads and email development, Engage pulls data automatically from Charting+, alleviating the challenges and trepidation clinicians and their staff have with managing email marketing campaigns. Engage does all the heavy lifting, helping busy practitioners stay in-touch with their patients through meaningful and relevant content.

Engage emails are sent after specific events such as missed appointments. “We know that patient “fall-off” is a critical issue for clinics and patients alike,” InnoCare CEO, Heather Shantora, explains. “With Engage, practitioners will have peace of mind knowing that the program will automatically reach out if a patient has missed an appointment with a friendly reminder encouraging them to complete their treatment plan.” The automated emails are based on recommendations the clinician made during appointments and documented within Charting+. Following the appointment, a patient receives a follow-up email that may be about a recommended health care product, contain an exercise guide, or cross refers a clinic service that supports the patient’s recovery goals.

Engage is another innovative product that further differentiates InnoCare as a health care technology leader focused on developing tools and services that improve clinic efficiency, grow practices, and improve clinical outcomes. In addition, all communications sent through Engage meet Canada’s Anti-Spam Legislation (CASL) requirements and contain relevant, personalised content that aligns with the patient’s unique treatment plan.

For more information about Engage, please visit https://innocare.ca/services/engage/



Link to the Innocare YouTube channel:

https://www.youtube.com/channel/UCHKHYrgWvNl0xJOYeb9Hjkg

The shareholder information was updated yesterday but they have not altered the date as yet! Edit -Have now

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 12 July 2017.

Current total shares in issue 46,038,333 as at 12 July 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Link to historic 'Shareholder information'
Shareholder informationThe directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 8 June 2017.


Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Polygon Global Partners LLP---------------------6,564,379----------------------14.26%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------23,477,484--------------------51.01%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------515,658-------------------------1..13%

Current total shares in issue 46,038,333 as at 8 June 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

Polygon Global Partners LLP have increased their stake from 6,564,379 (14.259%) to
6,930,269 (15.053%)

Reade Griffith holds a majority of the voting rights in Polygon Global Partners LLP.  Consequently, Polygon Global Partners LLP is a "controlled undertaking" in relation to Mr. Griffith.

http://otp.investis.com/clients/uk/watchstone_group/rns/regulatory-story.aspx?cid=1338&newsid=895989

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 31 July 2017

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Polygon Global Partners LLP---------------------6,930,269----------------------15.05%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,248,093----------------------4.88%

Subtotal-------------------------------------------23,771,527--------------------51.64%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------515,658-------------------------1..13%

Current total shares in issue 46,038,333 as at 31 July 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

Polygon Global Partners LLP have increased their stake (yet again!) from 6,930,269 (15.053%) to 7,384,034 (16.039%)

Reade Griffith holds a majority of the voting rights in Polygon Global Partners LLP. Consequently, Polygon Global Partners LLP is a "controlled undertaking" in relation to Mr. Griffith.

http://otp.investis.com/clients/uk/watchstone_group/rns/regulatory-story.aspx?cid=1338&newsid=912710

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 31 August 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Polygon Global Partners LLP---------------------7,384,034----------------------16.04%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,248,093----------------------4.88%

Subtotal-------------------------------------------24,225,292--------------------52.63%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------515,658-------------------------1..13%

Current total shares in issue 46,038,333 as at 31 August 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

Format looks to a bit wrong (not just on MAM) but by the look

UBS Investment Bank/UBS Group AG have joined in crossing the 5% threshold:

2,416,640 (5.25%)

http://www.moneyam.com/action/news/showArticle?id=5650834

Anyone subscribing to the MoneyAM Level 2 platform please take note that most days it is not reporting the correct Trade High nor Trade Low information and "some days" not reporting the correct Opening Price or Closing Price.

The reason is because MoneyAM's Level 2 system is not sensing the Auto Trades or Ordinary Trades correctly so is wrongly reporting them

MoneyAM has been unable to fix the fault for over 8 weeks now but are still charging full price for their Level 2

20 September 2017
Watchstone Group plc

Results for the six months ended 30 June 2017

Watchstone (AIM:WTG.L) today announces its results for the six months ended 30 June 2017.

Financial summary:
· Underlying business revenues improved to £26.3m (2016: £25.2m)*

· Underlying EBITDA loss of £2.4m (2016: £3.5m)*

· Total loss before tax of £2.1m (2016: loss of £8.1m)

· Group net assets of £66.5m at 30 June 2017 (as at 31 December 2016: £68.5m)

· Group cash and term deposits at 30 June 2017 of £67.2m, with a further £50m in escrow

· Group cash and term deposits at 15 September 2017 of £65.8m

*BAS, Maine Finance and Hubio Telematics have been classified as non-underlying in 2017, the 2016 amounts are presented on a comparable basis.

Operational highlights:

· Group complexity and losses continue to be reduced through disposal/closure/reshaping of cash consuming activities

· Largest businesses ptHealth and ingenie now well positioned and being invested in for growth

· Profitable disposal of Business Advisory Services Limited

· Reshaping of Hubio completed - very substantial reduction of cash requirements

· Successful resolution of a number of outstanding historic tax matters

http://www.moneyam.com/action/news/showArticle?id=5671433

CHAIRMAN'S STATEMENT

We remain on track with the strategy and execution of our plan to prepare our businesses for future disposals. These potential divestments will be determined with a view to maximising shareholder value taking all factors into consideration.

With the stabilisation and improvement of our operating businesses, there is no undue pressure to dispose of any assets unless fair value is achieved.

Since 30 June 2017, we have disposed of Business Advisory Service Limited ("BAS") which was loss making, and presented no opportunity for additional shareholder value.

ptHealth and ingenie remain profitable and are growing with further opportunities for profit improvement from organic growth and margin enhancement.

Plans are well advanced to move to a smaller and significantly reduced Group cost structure by the end of 2017. To that end, as previously announced, two of our non-executive directors, David Currie and Tony Illsley will stand down from the Board on 30 September 2017. On behalf of the whole Board, I would like to thank them both for their contributions and commitment over the last few years in the challenging and complex situation faced by the Group.

We will continue to address the legal and regulatory matters that face the Group with focus and determination. We will continue to defend the litigation against the Group vigorously and will file our robust defence in respect of the Slater & Gordon litigation imminently.

There is still work to be done, both at the Group level and within our businesses, and I would like to thank our employees for their commitment and our shareholders for their support.

I would also like to thank our investors who have been patient and maintained support for the Company as the intense work to deliver the best possible value from all our assets has continued. The Board remains confident that we will go on to reward that support.

Richard Rose
Non-executive Chairman

http://www.moneyam.com/action/news/showArticle?id=5671433

TR-1: Notification of major interest in shares

Polygon Global Partners LLP have increased their holding (again) from 7,384,034 (16.04%) to 8,016,599 (17.413%)

Reade Griffith holds a majority of the voting rights in Polygon Global Partners LLP. Consequently, Polygon Global Partners LLP is a “controlled undertaking” in relation to Mr. Griffith.

http://www.watchstonegroup.com/4339r/

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 21 September 2017.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Polygon Global Partners LLP---------------------8,016,599----------------------17.41%
Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,248,093----------------------4.88%

Subtotal-------------------------------------------24,225,292--------------------52.63%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------515,658-------------------------1..13%

Current total shares in issue 46,038,333 as at 21 September 2017 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

http://www.watchstonegroup.com/investors/shareholder-information/

Polygon Global Partners LLP have increased their holding (again) from 8,016,599 (17.413%) to 8,400,000 (18.246%)

Reade Griffith holds a majority of the voting rights in Polygon Global Partners LLP. Consequently, Polygon Global Partners LLP is a "controlled undertaking" in relation to Mr. Griffith.

http://otp.investis.com/clients/uk/watchstone_group/rns/regulatory-story.aspx?cid=1338&newsid=932772

12 October 2017 @ 16:30 
Watchstone Group plc
 
Defence to claim by Slater and Gordon (UK) 1 Limited
 
Further to its announcement on 14 June 2017, Watchstone Group plc (LON:WTG) ("Watchstone") has now served and filed its Defence in the High Court proceedings issued by Slater and Gordon (UK) 1 Limited ("SGH") for breach of warranty and/or fraudulent misrepresentation for a total amount of up to £637m plus interest and damages.
 
A copy of the Defence, a Summary of which is set out below, can be obtained on written application to the Commercial Court, alternatively online at the HM Courts & Tribunals e-filing Service:  HMCTS e-filing service at https://efile.cefile-app.com/login, subject to the payment of the prescribed fee. The claim number is CL-2017-000348, High Court of Justice, Queens Bench Division, Commercial Court.
 
As previously detailed, Watchstone is satisfied that SGH's claims are wholly without merit and the proceedings should never have been issued. Watchstone will defend these proceedings robustly.
 
Watchstone will make further announcements in due course, as appropriate.

http://www.moneyam.com/action/news/showArticle?id=5702264

UBS Investment Bank have increased their holding from 5.25% to 6.01%

http://www.moneyam.com/action/news/showArticle?id=5705484

These TR-1's are looking more awkward to read than before and that's saying something! Did I miss UBS crossing 3%.........anyway it's a positive sign.

26 January 2018
Watchstone Group plc

Pre-close trading update

Watchstone Group plc (LON:WTG) today issues a pre-close trading update ahead of its results for the year ended 31 December 2017. Overall trading results (unaudited) for the underlying businesses (Healthcare services and ingenie) are expected to be broadly in line with expectations.

***View table via link BOP***

During 2017, we substantially completed the work to simplify and rationalise the Group involving the closure or disposal of loss making businesses and reducing the size and cost of the central overhead. The central team now comprises just three full time staff to assist Stefan Borson and Mark Williams, (the Executive directors) and the Board has been reduced in size. The full benefit of these changes will only be seen in 2018 but are expected to reduce the central costs by approximately 50%.


Overall net losses and expenses of over £6m suffered in 2017 have been extinguished as a result of the sale or closure of businesses and restructuring.

Cash and term deposits on 31 December 2017 totalled £62.8m (£67.2m as at 30 June 2017) excluding the £50.1m in escrow pending resolution or determination of the High Court claim issued by Slater and Gordon (UK) 1 Limited ("Slater and Gordon Claim").

Taking each of the remaining operating businesses in turn:

Healthcare services:

Healthcare services consists of our Canadian ptHealth clinics business and InnoCare. This business is growing, with revenue of approximately £29.7m for the year ended 31 December 2017 an increase of 6% vs. 2016. Whilst profitability is anticipated to be slightly ahead of 2016 in our core clinic business, overall profitability will be below 2016 after taking account of the continued investment we are making in the InnoCare software and services platforms and in our clinics.

In December 2017, Alan Torrie, an experienced Canadian executive, became Non-executive Chairman of ptHealth and will work closely with its Chief Executive Officer, Heather Shantora, and the Group in guiding its future path.

ingenie:

Whilst revenue for the year increased to £14.4m, ingenie had a challenging end to the year as the impact of changes to the Ogden discount rate created instability in young driver motor policy pricing. Reflecting this and continued investment in its technology platform, profitability will be marginally below 2016. The impact of these factors will extend into the first half of 2018 but the team has a detailed plan to address these challenges as well as targeting more new B2B business as the ANWB programme continues to perform well, endorsing our technology and market leading approach to road safety and motor insurance pricing.

In December 2017, Selim Cavanagh joined ingenie as Chief Executive Officer from LexisNexis Risk Solutions, where he held various senior roles including VP Telematics, VP Motor Insurance and MD of its Wunelli telematics business unit, after a background in consumer insurance at AXA UK. ingenie will benefit from Selim's 20 years of experience in delivering data, IT and research-based motor insurance solutions.

Discontinued - Hubio:

We have now completed the rationalisation, closure and sale of the Hubio businesses. We have sold Hubio Exchange in Canada and Hubio Fleet (subject to final contractual details) as well as Hubio Enterprise in Camberley.

Legacy matters:

The Slater and Gordon Claim is ongoing and we filed our defence in October 2017. Our position remains that Slater and Gordon's allegations of deceit and the associated breach of warranty claim are wholly without merit and should never have been advanced. During the year, we also strengthened the provision for legal costs in relation to this claim, reflecting our determination to robustly defend the action to trial. We continue to pursue any deferred consideration due from Slater and Gordon in respect of the disposal of the PSD.

The SFO investigation continues and we are cooperating fully. It remains the only regulatory inquiry to which the Group is subject.

There have been no further developments at this stage on the threatened (but not commenced) class action litigation first announced in September 2015.


2018 outlook:

The Group enters 2018 a far simpler business and we expect this year will be a period of re-focus and development for ptHealth and ingenie. Both will be encouraged to invest ambitiously but prudently without the distraction of potential corporate activity.

Central costs will be carefully managed at greatly reduced levels consistent with the unresolved legacy matters and the needs of the organisation.

http://www.moneyam.com/action/news/showArticle?id=5831119

Preliminary results for the year ended 31 December 2017

http://www.moneyam.com/action/news/showArticle?id=5949736

17 May 2018
Watchstone Group plc

Report and Accounts for the year ended 31 December 2017

Watchstone (AIM:WTG.L) announces that it has today published its Annual Report and Accounts for the year ended 31 December 2017 on the Group's website at www.watchstonegroup.com/investors. Watchstone also announces that it will file its Accounts with Companies House today.

The Annual Report and Accounts for the year ended 31 December 2017 will be posted to registered shareholders.

The 2018 AGM will be held at 10.30am on 27 June 2018 at Vauxhall & Lambeth Suite - 2nd Floor, Park Plaza County Hall, 1 Addington St, Lambeth, London SE1 7RY. Notice of the Annual General Meeting ("AGM") and a Form of Proxy will also be posted to registered shareholders.

http://www.moneyam.com/action/news/showArticle?id=5974453

30 August 2018



Watchstone Group plc

("Watchstone" or the "Company" or the "Group")

Results for the six months ended 30 June 2018

Watchstone (AIM:WTG.L) today announces its results for the six months ended 30 June 2018.



· Revenues of £19.7m (2017: £22.9m)

· Underlying EBITDA loss of £2.1m (2017: £1.7m)

· Total loss before tax of £3.5m (2017: profit of £0.01m)

· Group net assets of £63.2m at 30 June 2018 (as at 31 December 2017: £66.1m)

· Group cash and term deposits at 30 June 2018 of £58.4m, with a further £50.2m in escrow

· Group cash and term deposits at 10 August 2018 of £58.1m


http://www.moneyam.com/action/news/showArticle?id=6108579

17:50 Watchstone Group PLC (WTG) Holding(s) in Company RNS
13/09/18 07:00 Watchstone Group PLC (WTG) Holding(s) in Company RNS

http://www.moneyam.com/action/nav/news?epic=WTG

Haven't updated this for a while...........................

Link to historic 'Shareholder information'

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 23 August 2018.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

Polygon Global Partners LLP---------------------10,600,000----------------------23.02%
Beach Point Capital Management LLP-----------7,888,718----------------------17.14%
Sand Grove Capital Management LLP-----------5,179,279-----------------------11.25%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,248,093----------------------4.88%

Subtotal------------------------------------------28,832,756---------------------62.63%

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Stefan Borson (PMDR)----------------------300,00---------------------------0.65%
Richard Rose--------------------------------100,000--------------------------0.22%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie------------------------------------1,950--------------------less than 0.01%

Subtotal---------------------------------------463,158-------------------------1.01%

Current total shares in issue 46,038,333 as at 23 August 2018 with none being held as treasury and 1.86% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

https://www.watchstonegroup.com/investors/shareholder-information/