Bought in today... have missed out on the impressive gains so far but solid progress is being made here and a good story developing so it looks good for more gains in the near future (imho)....

Quindell Portfolio, the brand extension company, says trading has continued positively in the period under review, building on the strong performance delivered by the Group in the first half.

The company expects to be significantly ahead of market expectations for the 15 month period ending 31 December 2011.

The Group announced back in October that it had won contracts with six established brands and one exciting new digital brand within the insurance, telecoms and utilities sectors, including for the first time, solar energy; and that revenues for 2011 were expected to be ahead of market expectations.

Since then, the Group has won further major contracts with established brands within the telecoms, utilities, on-line education and insurance sectors for both its technology enabled business process outsourcing division and software solutions division.

In aggregate, these contract wins could contribute over £6 million of annualised revenues. In addition, the Group has acquired two further businesses, Maine Finance and, most recently, Mobile Doctors Group Plc.

Margin performance has also been strong and, for 2011, margins are expected to be between 35 and 40 per cent. within its technology enabled business process outsourcing operations

Leading UK Broker Extends Contract

IBAO, ingenie and Quindell Update

Quindell Plc (AIM: QPP.L), the provider of sector leading expertise in software, consultancy and technology enabled outsourcing in its key markets, being Insurance, Telecommunications and their related sectors is pleased to update the market on telematics rollout in Canada following a press release made by the Insurance Brokers Association of Ontario on 5 May 2014.

In 2013, the Independent Broker Resources Inc. ("IBRI"), a wholly owned subsidiary of the IBAO announced plans to introduce a ground-breaking, broker owned telematics technology to the Canadian marketplace. On 5 May 2014, IBAO Chief Executive Officer Randy Carroll issued a formal update to the industry on the current implementation plan which outlined the introduction of two telematics offerings to the industry. The following offerings were detailed:
· ingenie, a UK telematics broker who is expanding into the Canadian marketplace, will provide a niche telematics product for 16-24 year olds, distributed exclusively through member brokers of our association; and
· The IBRI/Quindell solution, which is a general telematics offering that provides the option for our insurers to provide a broker branded telematics solution into the Marketplace.

For ingenie: Four broker friendly insurance companies have been secured to underwrite the ingenie product. The product is set to launch as a pilot program in August 2014, with a full broker launch in Ontario set to occur in October 2014, all subject to regulatory approval.

For the IBRI/Quindell Solution: Two pilot programs for the IBRI/Quindell solution have launched with two insurers. IBRI is regularly speaking with regulators and the discussions are developing. Seventeen Non-Disclosure Agreements have been signed with insurers across Canada, and progress continues to be positive. The IBRI offering has the ability to accommodate all insurance company offerings, thereby presenting a single source solution to the broker channel while meeting the key principle of providing portability of data to the policyholder.

Randy Carroll, Chief Executive Officer of the IBAO said: "We want our brokers to be diligent about supporting a broker owned telematics solution because we are at a critical juncture in our industry. Brokers are committed to protecting their clients' best interest by offering them choice to a variety of products available. If the industry shifts to another telematics solutions, brokers will lose that direct connection to their client and the option of choice will be lost as well as the opportunity for their clients to be provided with the best overall solution for their needs.

Unlike other traditional telematics solutions, both IBRI solutions allows broker access to interpret their clients risk profile and adequately advise them on the most appropriate insurance product available that will match their needs. A broker branded solution, IBRI will ensure brokers are given every opportunity to leverage and build value for their customers.

IBRI will continue to work closely with regulators and will fully support the broker network through the implementation of this new technology. In a world where technology is rapidly evolving, IBRI has developed a product that protects consumers while providing them with the technology they desire."

Rob Terry, Founder and Executive Chairman, said: "This announcement, prompted by the IBAO's press release, is the first of a series of announcements associated with ingenie's launch in Canada and new telematics contracts being signed with both brokers and insurers in Canada, and previously announced contracts going live into pilot programmes, soft launches and full implementations over the next few months.

The take up of our telematics solutions in Canada continues to exceed all our expectations and this is demonstrated by the seventeen insurers who have now signed NDA agreements and are working on the potential launches of telematics programmes with IBRI and Quindell in 2014."

Doesn't look like it's helped the sp this morning.,.

Not looking good here.

Director Shareholding

The Board of Quindell Plc (AIM: QPP.L) has been informed that Paul Stanley, Founder and Chief Executive of 360 GlobalNet Limited, a member of the Group's Strategy and Integration Advisory Board, and a Person Discharging Managerial Responsibility (PDMR) of the Company, has yesterday purchased 500,000 Ordinary Shares of 1 penny each at a price of 20.0 pence per share.

Following this transaction, Mr Stanley is interested in a total of 2,141,935 Ordinary Shares in the Company, representing approximately 0.03% of the total issued share capital.

Up 20%? A small amount of blue in a generally red day!

Well that didn't last long! Back to where we started today.

At least it's holding at this sp, not dropping like blinx.......yet.,. have high hopes for this one, still a lot of buying.

Edmond Jackson's Stockwatch: Is Quindell worth the risk?

Still dubious about this one.

40,412,333 buys v's 27,006,806 sells good for me.,.

Good article skinny .....

Just over £12 divi received !!! Result! :o)

Harry ?

Divi was paid on stock held on the 9th April 2014 at 0.001p per share.
Must confess that I didn't even realise they were paying a divi.
I think I might have spent it....and more...in the pub last night. Easy come, easy go eh?

same here £43 harry.,. nice earner.,.
Can't say how accurate this news is:

1,000 consumers from each of France, Germany, Italy, The Netherlands, Spain, UK and the United States, and from a total of over 7,500 respondents. Data from the United States, where consumer uptake of telematics insurance policies has grown rapidly in recent years, were used primarily as a comparative benchmark for European responses.
 A majority of drivers in the six largest motor insurance markets in Europe have indicated they are willing to embrace telematics-based products in consumer research carried out by Towers Watson.
Interest is highest in Italy and Spain, where around 70% of drivers in each country said they were definitely or probably interested in taking out a telematics policy. Across all six participating European countries, 55% of drivers indicated some interest in telematics insurance. The comparable figure for the United States, where telematics is already becoming a mass market product, was 50%. If the offer of a telematics policy came with a guarantee that the premium would not increase, 64% of European drivers surveyed said they would be interested, with consumers in The Netherlands responding most positively to this incentive. FRANCE GERMANY ITALY NETHERLANDS SPAIN UK USA
However, interest is not confined to the younger drivers to whom most existing telematics insurance products in Europe have been targeted. Less than 10% of drivers in France and Germany who expressed an interest in telematics were under 24. Significant numbers of drivers over 35 responded positively to the potential to receive extra services at additional cost, with theft tracking, automated emergency calls and breakdown notification among the most popular. Overall, consumers in Germany, Italy, Spain and the UK indicated a willingness to pay €32-34 per year for these value-added services, while drivers in France and The Netherlands were prepared to pay somewhat less at €22 on average. Many older drivers also said they would be willing participants in ‘try before you buy’ programmes, although interest in using a smartphone app to access telematics services tends to drop off based on age. Across all age groups, a self-installed device is the preferred technology option in all countries, with over 80% acceptance across the six European countries surveyed. Duncan Anderson, global property and casualty pricing leader at Towers Watson, commented: “The study shows it’s wrong to believe that telematics insurance is just a young driver proposition. While it’s particularly likely to appeal to a younger age group on economic grounds, as the technology costs fall and awareness of the wider benefits increases, drivers of all ages are potential targets for telematics insurance providers with the right proposition.†Another important factor uncovered in the research, according to Towers Watson, is that in many markets ‘pay as you drive’ products are likely to penalise the very drivers who are most interested in telematics – those who drive more frequently. Duncan Anderson noted: “Products that focused on mileage, restricted times of vehicle usage or simple ‘event counters’ seem likely to have a short-term future. The indications are that the appeal of telematics to most consumers is largely associated with ‘pay how you drive’.†The research also explored factors that might deter consumers from taking out a telematics motor policy. Aside from worries that the premium might increase, most concerns were associated with how personal data would be managed and used. Such issues were most prevalent for Germans although, interestingly, the over 65s who are among the most interested in telematics in Germany are also the least concerned about privacy issues according to the research. Other findings compiled into a research report – Telematics: what European consumers say – include support for products aimed at parents - as have been common in the United States, and attitudes towards changing driving behaviours in order to benefit from telematics premium rating.
ABOUT THE RESEARCH
The research was conducted as part of a European omnibus survey carried out by CCBFast.Map. Responses were received from at least 1,000 consumers from each of France, Germany, Italy, The Netherlands, Spain, UK and the United States, and from a total of over 7,500 respondents. Data from the United States, where consumer uptake of telematics insurance policies has grown rapidly in recent years, were used primarily as a comparative benchmark for European responses.

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Thanks - I've found it -every little helps!

Owning shares in Quindell is like a trip to the Rodeo but is it all bad?

Bought @ 21p

the last few days gives a clue on the chart that slowly is rising from the lows
the spike early on the week was preluding to what is happening now