Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

Digital Distribution Improves Productivity, Ramps Up Revenue for Commercial Lines Carriers

The small- and mid-size commercial market accounts for 95% of all businesses,[i] representing a lucrative field for many insurers. Currently, very few commercial lines carriers are investing in digital proficiency to serve this segment, focusing predominantly on agent channels, but there are strong signals that commercial carriers need to step up to digital engagement.

http://blog.boltinc.com/...s-up-revenue-for-commercial-lines-carriers
 

https://www.cbinsights.com/blog/transforming-insurance-distribution/  

angekündigt, erfahren wir heute in einer Woche:

"For the quarter, we added 400,000 of ARR from an existing customer and 300,000 in one time bookings. This brings year-to-date ARR bookings to over $3 million, which we should start recognizing as revenue in Q4. I should point out this is dramatically ahead of where we were a year ago, which was in the low six-figure bookings for the first half.

The sales pipeline continues to build nicely. We entered the quarter with 14 opportunities and added one. This, combined with the progress the Company has made in sales and marketing, positions the Company well for a strong second half. One of the top five carriers who recently signed with BOLT late last year has rapidly grown premiums to $1 million run rate by the end of June. This growth should continue as this customer continues to aggressively expand this utilization of the platform. Another top 10 carrier customer continues to increase its seat licenses with BOLT, having jumped from 25 at the start of the relationship to 350 today with more on the way.

We finished the quarter with 59,700 users on the platform, up from 50,000 at the beginning of the year. Additionally, the opportunities of qualified risk going through the platform grew to 3 million in the quarter, up from 2.5 million in Q1. This resulted in $1.5 billion of premiums on the platform, up from $1.4 billion at the end of the first quarter.

Finally, carrier connections are up over 5,300 from roughly 5,100 in Q1, but now 99 insurance carriers integrated into the platform.

http://www.actua.com/wp-content/uploads/2016/08/...04T14_00-FINAL.pdf
 

erst in Q4/16 anfallen, aber wenn das in einer Woche bestätigt wird, kann m.E. etwas sicherer sein: "For the quarter, we added 400,000 of ARR from an existing customer and 300,000 in one time bookings. This brings year-to-date ARR bookings to over $3 million, which we should start recognizing as revenue in Q4."  

derjenigen, die momentan noch short sind, ob gedeckt und publiziert oder, wie von mir vermutet, auch in erheblichem Umfang nackt geshortet, und daher nicht in den publizierten Leerverkaufszahlen enthalten, doch schon wein wenig.

Aber ich gehe einmal davon aus, dass die ihr Geschäft beherrschen und vielleicht vermuten,, dass die ganz starken Zahlen erst bei der Berichterstattung im vierten Quartal kommen, zumal  das Management die vorhandene Cash für Rückkäufe zu Nutzen hoffen könnte und auch eine Aufstockung der Bestände des Managements billiger kommt.          

Integration with FolioDynamix technology and advisory services provides innovative alternative to traditional advisory tools

NEW YORK [December 1, 2015] – Vanare | NestEgg, the wealth management technology platform built on Roboadvisor DNA serving high net worth and Millennial clients, today announced that its fully-integrated platform has gathered $1.5 billion in assets and 30,000 accounts in just over a year since its July 2014 launch.

The only wealth management technology platform with an integrated, private-label and customizable Roboadvisor solution for financial firms, Vanare is also one of the only Roboadvisors with a unified managed account (UMA) offering. The UMA is provided in partnership with FolioDynamix, which delivers enterprise-scale wealth management technology, investment research and advisory programs.

“We are extremely proud of reaching this significant milestone so soon after our launch,” said Rich Cancro, founder and CEO of Vanare. “Interest in the platform has been dynamic, validating our belief that advisors are tired of patching together disparate wealth management tools. Financial firms tell us that having all of these capabilities and data integrated in one place transforms their business model.”

Last year, when creating the new wealth management technology platform, Vanare teamed up with FolioDynamix, a leading provider of web-based technology, content and services for managing the investment and wealth advisory lifecycle. FolioDynamix is deeply integrated into the Vanare platform bringing in powerful data, workflow, and investment management capabilities. Vanare’s private label Roboadvisor and client portal, online client onboarding, fee billing capability, practice and portfolio management tools, and operational dashboards combine with FolioDynamix’ trading and rebalancing tools and performance reporting to offer a powerful and comprehensive solution to advisors. This differentiated offering is a best-in-class platform designed with ease of use and elegance in mind, while delivering a deep enterprise-level infrastructure.

http://www.vanare.com/news/...sets-in-partnership-with-foliodynamix-1
 

Donnerstag "Futter bei die Fische" - so wie man vor drei Monaten bei der Bekanntgabe der Zahlen zum zweiten Quartal angekündigt hat.  

und ich würde sein Weiterbestehen nach der Bekanntgabe der Zahlen für das 3. Quartal begrüßen, weil man dann noch einmal eine ordentliche Portion der vorhandenen Cash in die Hand nehmen könnte, um die Anzahl der umlaufenden Aktien zur reduzieren.

Mit knapp 43 Millionen der rechlich vorhandenen Cash könnte man z.B. 10% der Aktien zurücklaufen.  

http://www.pwc.co.uk/industries/financial-services/insurtech.html  

July 21st, 2016
Bolton Global Capital Continues to Grow Market Share
Leveraging FolioDynamix Technology, Bolton Global Meets an Underserved Need Offering High-Value Advice to Niche Latin American Markets
Bolton plans to rollout the FolioDynamix platform over the next two months. As a multi-custodial solution with an integration already in place with Pershing, Folio offers a seamless, efficient onboarding experience.
http://www.actua.com/...n-global-capital-continues-grow-market-share/
 

/24/2016
BLR partners with VelocityEHS for Safety Data Sheet Content
Old Saybrook, CT, June 22, 2016: BLR®—Business & Legal Resources has recently partnered with VelocityEHS, the leading cloud environment, health, safety (EHS), and sustainability software provider, to give its customers access to the industry-leading database of safety data sheets (also known as SDSs or material safety data sheets, MSDSs). Through the partnership, Safety.BLR.com® and Enviro.BLR.com® subscribers now have the ability to search, view, and print documents from VelocityEHS’ MSDSonline library of millions of searchable SDSs.
“We’re very excited to announce this partnership with VelocityEHS and its MSDSonline solutions. It brings our customers yet another timesaving health and safety resource, giving them access to safety data sheets from the known leader in SDS content, which is becoming increasingly important as companies work to ensure compliance with OSHA’s now fully GHS-aligned Hazard Communication Standard,” said Rafael Cardoso, Executive Vice President, Workforce Division at BLR.
The millions of safety data sheets in the MSDSonline database contain the information safety and EHS professionals need to mitigate the potential risks from dangerous chemicals such as methanol, acetone, hydrochloric acid, and millions of other hazardous substances. Safety data sheets underwent substantial re-formatting changes as part of OSHA’s alignment of the Hazard Communication Standard (HazCom) with the United Nations’ Globally Harmonized System (GHS). Following OSHA’s final GHS deadline, which just passed on June 1, 2016, companies are expected to provide employees with access to manufacturers’ updated SDSs in the GHS-format to ensure HazCom compliance.
https://www.blr.com/About/News?id=496
 

VelocityEHS Strengthens Its EHS Platform with the Acquisition of Ergonomics Software
CHICAGO, Feb. 29, 2016 (GLOBE NEWSWIRE) -- VelocityEHS, the leading cloud environmental, health, safety (EHS) and sustainability software provider, announced today that it is adding an ergonomic solution to its comprehensive EHS platform with the acquisition of ErgoAdvocate, a web-based system that empowers employees to prevent musculoskeletal disorders. With musculoskeletal disorders reported as some of the most common and costly work-related injuries, nearly every employer faces risks associated with ergonomic injuries suffered by its staff. The VelocityEHS Ergonomics solution provides expert online assessment and training so businesses can reach more employees at a lower cost than traditional consulting programs and decrease the expenses associated with worker injury.
According to OSHA, the total cost to an employer for just one cumulative trauma injury averages $82,305; additionally the typical Fortune 1,000 Company pays $1.3 million for every 1,000 employees in costs resulting from preventable ergonomics injuries. Ergonomics focuses on mitigating these costs by helping workers lessen muscle fatigue, increase productivity and reduce the number and severity of work-related musculoskeletal injuries. The VelocityEHS Ergonomics solution helps employers of all sizes reduce work related musculoskeletal disorders by identifying problems, providing training, and assisting employees in self-correcting issues.
“The acquisition of ErgoAdvocate extends our reach into the global EHS market and enables VelocityEHS to help businesses of all sizes meet a wider range of EHS issues. This full suite of simple ergonomics assessment and training tools complements our existing industry leading EHS cloud platform,” said Glenn Trout, president and CEO of VelocityEHS. “Companies want EHS software that helps them manage a range of complex challenges — we check that box with a solution that is quick to implement and provides the simplest user experience.”
https://globenewswire.com/news-release/2016/02/29/...cs-Software.html
 

QUESTIONS AND ANSWERS Operator (Operator Instructions) Kurt Maddern, Evercor ISI.
Kurt Maddern - Evercor ISI - Analyst Kirk, you could run through how some of the acceleration in bookings is going to translate into invoicing and booking in the second half? Are you starting to bill some of the new bulk customers or is this something where the invoicing will take place October or November, so you won't see the benefit from a differed and/or a revenue perspective until the fourth quarter? I'm just trying to get a little bit more color on the shape of the back half of the year from a revenue and cash flow perspective.
Kirk Morgan - Actua - CFO Most of the cash associated with the BOLT bookings would be probably more in Q4 than it would in Q3. Some of it will be reflected in Q3. But given how strong historically our Q4 has been I think across the board, most of the bookings progress that we see will result in our Q4 operating cash flow being very positive.
Kurt Maddern - Evercor ISI - Analyst Then just, Buck, obviously, great to see BOLT really starting to pick up here. I mean, do you feel like we're a little bit at a tipping point with that business now in terms of just a more regular cadence of signings? I know it's always going to be perhaps more lumpy than some of the other businesses. But do you feel good about sort of the pipeline and the ability to close the pipeline at a little bit more regular cadence going forward?
Walter Buckley - Actua - Chairman, CEO Yes, I do. I think we - not only are we saying good maturity from a top - it's sort of a late-stage pipeline activity. We've probably seen more activity than we've ever seen at an earlier stage. I really do think the industry's waking up to the power of this platform now that it's basically built out and the results that our current customers are seeing. So, I don't want to declare victory yet, but I think that we are well along the way. And it's impossible to completely pick the tipping point - the moment of the tipping point, but I think we're getting a lot closer. And I think we've - the Company has a real momentum; a momentum I don't think we've seen in a while.
Kirk Morgan - Actua - CFO And really, I think also reflects some of the investment we've been making in sales and marketing at BOLT in the first part of the year.
Walter Buckley - Actua - Chairman, CEO Yes. We've really brought out the sales team; a new head of marketing, a new head of sales in the last 12 months, expanded the team dramatically. That coupled with a really built-out platform I think provides a whole level of maturity that we hadn't seen before. And also the results and the ROI our customers are getting. So when you total that together, it makes a much more compelling case. And I think the opportunities we're pursuing today are really exciting.

http://www.actua.com/wp-content/uploads/2016/08/...04T14_00-FINAL.pdf
 

http://www.insurancejournal.com/news/national/2016/02/23/399632.htm  

http://www.faz.net/aktuell/finanzen/...tPagedArticle=true#pageIndex_2  

"Chesky warns agents against celebrating the departure of the search engine giant. He said with the changes happening in technology, the traditional insurance agent voice isn’t relevant anymore. The new insurance distribution models require a new generation of agents who can access and control customer data, and who can connect a customer’s risk appetite to carriers digitally."  

kann Actua ja in zwei oder drei Jahren Bolt an Google für eine Milliarde verkaufen. Das wäre für einen Langfristinvestor wie Libuda nicht schlecht,

"He said that when disruptors come in to a market, it can take time for a new way of doing things to take hold, offering Uber as an example.  “They didn’t come in and just take over the taxi industry,” he said, adding that it took years for Uber to overcome laws and regulations and catch on.
He said he believes it’s just a matter of time before Google returns. “They’ll still be involved in this industry in one form or another,” Weismantel said."

Quelle: Text in 8189  

Whilst InsurTech is rapidly growing, it has not yet reached the large scale of the FinTech industry.
InsurTech activity, including investment, has spiked rapidly upwards over the past year, though the FinTech phenomenon continues to attract greater attention.

InsurTechs are more likely to operate as enablers than disruptors.
The majority of InsurTech start-ups are focused on activities that will help incumbent insurers to do a better job, rather than to steal their business, though there will be some disruption.

The majority of InsurTech start-ups are innovating in customer-facing areas.
New entrants providing customer-facing tools and technologies which improve customer experience and engagement represent the biggest share of start-up activity. There are currently fewer start-ups focused on delivering back office efficiency and core insurance processes.

Many insurers see InsurTech’s huge potential for transforming the back office.
Two-thirds of insurers point to the potential impact of InsurTechs’ innovations in data and analytics. More than half point to new approaches to underwriting risk and predicting loss.

Collaboration is the biggest opportunity of all.
Given the enabling role InsurTech firms can now play, as well as the challenges facing the established insurance sector and the barriers to entry for new businesses seeking to act alone, collaboration for mutual benefit – and the benefit of the customer – must be the goal of insurers and InsurTechs alike.

http://www.pwc.co.uk/industries/financial-services/insurtech.html
 

in Small Business Insurance

InsurTech startups & new entrants are driving a digital disruption in
the ~$100b small business insurance mkt. We see 3 scenarios and
est. $17-33b mkt. opportunities to gain/lose by 2020. Incumbent
carriers & brokers must adapt, and investors should pay attention.

Digital disruption in ~$100b SBI market. Small business owner
demographics favor digital insurance. By 2020, more than 60% of US small
business will be owned by Millennials & Gen Xers, who prefer to manage
insurance digitally. In our recent survey, 38% of small businesses would buy
insurance online if they were starting out today. InsurTech startups are zeroing
in on this opportunity. And traditional carriers (incumbents & new entrants)
are positioning for changes in this large, profitable & fragmented marketplace.

A $25b+ digital SBI market opportunity to gain (or lose). We see 3
scenarios with 15-30% digital SBI penetration by 2020, up from ~4% today.
This translates into a $17-33b market opportunity. In our most likely scenario,
we estimate ~24% of SBI, or ~$26b premiums, sold digitally by 2020, a ~46%
CAGR vs. ~2% for SBI market overall. The scenarios imply $3-8b operating
profit up for grabs for carriers and $400m-1b for brokers.

https://www.morganstanley.com/ideas/...urtech-disruption-in-insurance
 

könnte ich mir durchaus auch ein Einhorn-Niveau vorstellen.

Aber momentan werden die vermutlich 25 Millionen U/msatz in 2016 extrem niedriger bewertet.  

We think the ~$100b small business insurance (SBI) market is in the early stages of a digital disruption.

Changing demographics of small business owners, increasing number of InsurTech startups, and heightened focus of traditional carriers (both incumbents and new entrants) in this sizeable and profitable market are catalysts for this secular trend.

- Demographics favor digital insurance solutions. By 2020, more than 60% of small business in the US will be owned by Millennials and Gen Xers, two groups that prefer to purchase and manage insurance digitally. According to our recent survey, 38% of small businesses would buy insurance online if they were starting their businesses today.

- There are unmet insurance needs of small businesses. Proprietors look for simpler products,easier to understand and buy. "Mom and pop" agents have difficulty filling this demand as commissions are too small and the investments too big.

- InsurTech startups are zeroing in on this emerging opportunity. Backed by venture capital and even traditional insurers, a growing number of startups are focusing on SBI, leveraging experiences from personal auto and other financial services, including FinTech companies.

- Traditional carriers are positioning for digital disruption. As SBI is a large (~$100b annual premiums), profitable (~90% combined ratio), and fragmented market (none of top players has more than 5% share), large incumbents are ramping up their digital efforts and new entrants are expanding into SBI.

https://www.morganstanley.com/ideas/...urtech-disruption-in-insurance  

Who are the likely winners (and laggards)? Among our coverage, Hartford
(EW), Travelers (EW), Chubb (OW) & AIG (EW) have the most exposure in SBI.
We estimate each point of share gain could boost their earnings by 4-14%.
They have financial & technology resources but could be constrained by
channel conflict and inertia. Smaller insurers and brokers could face the
biggest challenges. In our broker coverage, Brown & Brown (UW) is most
exposed. New entrants (startups or traditional insurers) could be the biggest
beneficiaries in the digital transformation of SBI.

https://www.morganstanley.com/ideas/...urtech-disruption-in-insurance
 

 

hier schreibt scheinbar nur Libuda. Gruß und schönen Tag.  

Die dort angeführten Harftord, Travelers und Chubb sind Kunden von Bolt.