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

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