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

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