Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

Watchstone Group plc (WTG)     

banjomick - 26 Nov 2015 18:50

Watchstone_logo_90px1.png


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

Chart.aspx?Provider=EODIntra&Code=WTG&Size=700&Skin=BlackBlue&Type=2&Scale=0&Cycle=DAY1&Span=YEAR1&IND=VOLMA(60)&Layout=2Line;Default;Price;HisDate&XCycle=&XFormat=Chart.aspx?Provider=Intra&Code=WTG&Size=700&Skin=RedWhite&Scale=0&Type=2&Cycle=MINUTE1&Layout=Intra;IntraDate&E&Ind=VOLMA(60);&Layout=Intra;IntraDate&E=UK&YFormat=&XCycle=Hour2&Fix=1&SV=0                   

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

Watchstone_logo_90px1.png logo@2x.png
pt-health-logo-300x67.png innocare_logo_300dpi.jpg

LINKS TO DEDICATED PAGES

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

banjomick - 09 Jan 2017 22:43 - 123 of 204

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.

youtube_logo_small_Cropped.jpg
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.
innocare_logo_300dpi.jpg

banjomick - 12 Jan 2017 09:02 - 124 of 204

cvshow-logo-2017.png

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

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

hubio_fleet_logo.png
FENT__1424701485_29-8-14-twitter-logo.pn

banjomick - 19 Jan 2017 08:23 - 125 of 204

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

banjomick - 26 Jan 2017 10:36 - 126 of 204

Boy-with-helmet_840x328-840x321.jpg

banjomick - 26 Jan 2017 10:54 - 127 of 204

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
8de2b150-80ed-4b14-99b0-448bccb913da-lar

linkedin-logo2.gif

Hubio_logo_rgb_Orange.png

banjomick - 06 Feb 2017 11:07 - 128 of 204

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.

hubio-300x225.jpg

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.

VanLogo04.png

banjomick - 16 Feb 2017 08:00 - 129 of 204

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

banjomick - 16 Feb 2017 22:29 - 130 of 204

Woman-looking-at-portal_840x328-840x321.

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.

Hubio_logo_rgb_Orange.png

banjomick - 23 Feb 2017 10:12 - 131 of 204

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

http://www.moneyam.com/action/news/showArticle?id=5501004

banjomick - 28 Feb 2017 18:56 - 132 of 204

SSC17-840x321.png

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

Hubio_logo_rgb_Orange.png

VICTIM - 01 Mar 2017 07:57 - 133 of 204

Is this stock worth all this attention Banjo .

banjomick - 01 Mar 2017 08:43 - 134 of 204

Hope so..........

banjomick - 13 Mar 2017 09:19 - 135 of 204

neil-at-SC-840x321.jpg

“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.

Hubio_logo_rgb_Orange.png

banjomick - 21 Mar 2017 11:04 - 136 of 204

ingenie publishes 2017 Young Driver Report
March 2017/in Company News

Young-Driver-Report-Spread-540x372.jpg

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.

Watchstone_logo_90px1.png

banjomick - 23 Mar 2017 09:24 - 137 of 204

JPMorgan Chase & Co. increased their holding:

2,324,492 to 2,777,918 (6.03%)

http://www.moneyam.com/action/news/showArticle?id=5517938

banjomick - 23 Mar 2017 09:25 - 138 of 204

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
 

banjomick - 24 Mar 2017 08:28 - 139 of 204

The-changing-face-of-insurance-industry.


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.

trends-3-image.png

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.

Hubio_logo_rgb_Orange.png

banjomick - 24 Mar 2017 08:45 - 140 of 204

BAS-Vertas-1030x582.pngBAS Energy – Proud Supporter of Vertas Making the Difference Staff Awards 2017
March 2017

Vertas-awards.png

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.

Watchstone_logo_90px1.png

banjomick - 28 Mar 2017 13:16 - 141 of 204

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/

banjomick - 31 Mar 2017 08:16 - 142 of 204

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.

VanLogo04.png
Register now or login to post to this thread.