Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

http://insurancethoughtleadership.com/...e-of-insurance-is-insurtech/  

Unlike other software providers that rely on a high degree of customization to meet their customers’ system requirements, the VelocityEHS platform is built around EHS management best practices right out of the box, with the flexibility and configuration options to meet your organization’s unique business needs — now and in the future. Our approach means we provide software that is faster to implement, easier to use, and achieves higher levels of user engagement. In addition, our dedicated team of customer care professionals will be with you every step of the way to make sure you get the most from your EHS software system. Visit us at www.ehs.com to learn more about our award-winning suite of EHS software solutions.

https://www.ehs.com/2016/12/...rs-real-world-lessons-top-ehs-leaders/
 

Under Securities and Exchange Commission rules, companies are required to pause share buybacks during a so-called blackout period, which lasts about five weeks before each respective company’s earnings report until about 48 hours after results are announced.

http://www.marketwatch.com/story/...o-the-buyback-blackout-2016-03-21

Und wenn man zu 14 Dollar für 68 Millionen Doolar gekauft hat und eigentlich für 80 Millionen Dollar kaufen wollte, macht es allemal Sinn, das jetzt nachzuholen.
 

heutigen Volumens Rückkäufe waren.

Sicher bin ich mir da allerdings nicht, denn hierbei hat das Manangement mit dem CFO an der Spitze auch schon in früheren Jahren öfter gepennt.  

drei Core-Beteiligungen spielt eine Dollar-Aufwertung keine Rolle, da sie fast ausschließlich auf den Binnenmarkt ausgerichtet sind.

Für uns als Anleger aber schon, da dies den Actua-Kurs in Euro positiv beeinflusst. Obwohl ich davon ausgehe, dass die Dollarstärke nur von kurz- und mittelfristiger Dauer sein wird, da wir m.E. uns langfristig wieder in Richtung Kaufkraftparität hinbewegen werden, die ich eher bei 1,15 angesiedelt sehe.  

http://insurancethoughtleadership.com/...e-of-insurance-is-insurtech/

die Frage nach dem Umfang ist schwierig oder kaum zum jetzigen Zeitpunkt zu beantworten. Aus Bolt kann m.E. ein Milliarden-Value werden, wir können aber auch bei 250 Millionen steckenbleiben. Dazu kommt die Entscheidung über den Zeitpunkt der Monetaisierung. 250 Millionen bekäme man meines Erachtens schon heute, aber eventuell sehr viel mehr, wenn man weiter investiert und die Zeit arbeiten lässt. Aber es ist eben auch nicht auszuschließen, dass der Schuss nach hinten losgeht, wenn ein Big Player alle Blütenträume zum Platzen bringt.  

The insurance sector has entered a phase of profound transformation. Numerous insurtech startups—around 1,000, according to Venture Scanner map—have popped up to challenge the traditional model.

I believe that we will see a completely changed insurance sector in the medium term. But I’m convinced that insurance companies will still be relevant in the future, or will become even more relevant than they are now, but these companies will have to be insurtechs, or players who use technology as the main enablers for reaching their own strategic objectives.  

aufgestellt ist (aus 8456): "The direct digital channel dominates very few markets and deals only with compulsory insurance. In the vast majority of markets, a multichannel-oriented customer continues—with variations from country to country—to choose at least at some point of the customer journey to interact with an intermediary-"  

Folio Dynamics Seeks Acquisitions
Nov 2 16
Folio Dynamics Inc. is committed to continued investment in growing the business organically, as well as through both strategic partnerships and acquisition.
http://www.bloomberg.com/research/stocks/private/...rivcapId=47367008
 

- my estimate is lower

https://datafox.com/competitors/bolt-insurance-agency  

http://blog.boltinc.com/...og/who-controls-insurance-distribution-now

Zwar schon acht Monate alt, aber meines Erachten eine Art "Kultartikel".  

Umsatzsteigerungen von Bolt und Foliodynamix belegen, werden wir wohl in der momentanen Range seitwärts laufen - denn Actua wird versuchen, die nicht ausgegebene Rückkaufsumme noch zu platzieren.

Wenn die Blackout-Period da ist, könnte es ohne neue Nachrichten leichte Rücksetzer geben - und dann hängt eben alles von den Zahlen für Q4 ab und vom Guidance. Und dann zeitlich gesehen auch noch davon, ob der Guidance schon vor den Q4-Zahlen kommt oder erst zusammen mit deren Bekanntgabe.

Etwas problematisch sehe ich die Q4-Zahlen von Velocity, und vermutlich auch noch die von Q1 und Q2/17, weil man mit Neuabschlussen nach dem Regierungswechsel zögern wird, um erst zu sehen, wo die Richtung hingeht.  

Opinion: The Rising Tide of Digital Distribution and What It Means for P/C Insurers

March 30, 2016 by Kathleen Garlasco

The insurance industry is at a crossroads in its digital distribution transformation. When shopping for insurance, consumers increasingly look to carriers that can offer new channels of engagement, and those that cannot are losing their competitive advantage. Digital channels are here to stay, and more carriers are taking active steps to integrate digital capabilities into their existing IT infrastructure.

The 2015 Global Digital Insurance Benchmarking Report by Bain & Company showed that in just three to five years, 23 percent of new P/C premiums will be sold online. The same study revealed that 79 percent of consumers worldwide “say they will use a digital channel for insurance interactions over the next few years.”

While traditional channels are still being used to purchase insurance, insurers cannot ignore the growing focus on mobile and online channels. The shift toward digital channels is occurring, in part, because consumers across all industries have come to expect simple, instantaneous access to products and services.

http://www.carriermanagement.com/features/2016/03/30/152650.htm
 

Posting klingt fast wie eine Beschreibung von Bolt;

"The best way for carriers to keep pace in the increasingly evolving insurance market is to introduce digital distribution channels and integrate them with traditional agent channels."  

einige zigtausend Aktien zurück kauft, denn wir liegen ja nicht viel über den 14 Dollar des Rückkauftenders,

Übertreibungen dabei sollten jedoch vermieden werden, denn man hat meines Erachtens bis Mitte Januar Zeit, wenn wegen der Bekanntgabe der Zahlen für Q4/16 einige Wochen danach, die Rückkaufssperre einsetzt.

Aber pennen, wie schon oft in der Vergangenheit in  den letzten 10 Jahren, sollte der CFO, den ich schon längst gefeuert hättem eben nicht.  

BOLT Solutions has witnessed firsthand the positive market response from leading property and casualty insurers looking for digital distribution platforms that include the people, process, technology, and markets and products required to meet the growing demand of today’s consumers. Over the last two years, the BOLT Platform has seen net premiums driven through the platform expand from $200,000 to $1.3 billion, new business sold via the platform grow by 2,000 percent and the total number of platform users rise from 1,600 to 48,000 (an increase of approximately 3,000 percent). This growth is indicative of a greater industry trend: Insurance is ready to embrace new technologies to compete for market share and wallet share. We will adapt. We will grow. We will always say yes to the customer.  

Seit diesem Zeitpunkt bis Ende des 3. Quartals 2016 sind

- die Users on the platform von den 48.000 im Frühjahr auf 69,400 am 30.9.16 gestiegen

- und die Total premiums on the platform klettertern von $1.3 billion im Frühjahr auf $1.5 billion am 30.9.16

http://www.actua.com/wp-content/uploads/2016/11/...6-slides-FINAL.pdf

 

Ankündigungen nach ja auch wesentlich besser werden:

• Revenue Growth: 4% in Q3 2016 compared to Q3 2015
http://www.actua.com/wp-content/uploads/2016/11/...6-slides-FINAL.pdf
 

Q - Ted Lin

Hi, this is actually Ted Lin on for Kirk. Thanks very much for taking my question, and good morning everyone. So I know you guys aren't giving guidance for 2017 yet, but directionally, what we should be thinking about in terms of growth rate for 2017 for the remaining three businesses?

A - Walter Buckley

Yes, we were encouraged by what we are seeing in the growth in the second half of '16 versus the first half, so the growth is accelerating, and we would continue to expect that to accelerate as we look into 2017 and growing to our long-term targets of 15% to 20% from a revenue growth standpoint. We continue to see good bottom line leverage, I think -- seeing the improvements that we saw with operating cash flow, we should continue to see that.

A - Kirk Morgan

And I will just add, I think that we were very encouraged by what we saw in the booking especially at Bolt and Flio this quarter. And Bolt at 4.5 -- over $4.5 million of ARR in 2016, we really begin to be recognized in Q4, but majority of it will be in '17, and so I think we are setting ourselves up for a good 2017.

Q - Ted Lin

Great. So, could you actually go into a little more detail on Bolt? Are you thinking right now that the business is going to pick up in the back half of the year and the early part of 2017, given the strong bookings trends that you are seeing?

A - Walter Buckley

Yes. I mean, the short answer is yes. I mean the -- we will begin to recognize some of that revenue in Q4, so you are going to see growth accelerate in Q4, and really throughout 2017 as we are able to recognize this revenue once the customer is integrated into the platform. So we feel good about that, I mean I think most of that growth is coming from existing customers. And so, what we would like to see now and the pipeline  continues to build is new customer signings, and we are encouraged by what we see, but these are long complex sales cycles and we would like to see coming off a couple of those down and I think that could set ourselves up for a terrific 2017.

http://www.actua.com/wp-content/uploads/2016/11/...6-slides-FINAL.pdf
 

Digital Advisors (Robo):

         -Betterment          §
         -§Advisor Software, Inc.: Advisor Software Digital Advisor
         -§NextCapital: New User Interface With Unreached Levels of Personalization
         -§Riskalyze: Autopilot
         -§FolioDynamix. FolioDynamix/VisX Solutions: Integrating a ‘robo’ offering in a single platform with UMA, SMA, MF/ETF and Rep as Manager accounts


Portfolio Management, Accounting and Performance Reports:

-       Orion Advisor Services: Orion Business Intelligence
         -§Albridge: Performance Web Service Calls
         -§Fiserv, Inc: Fiserv Develops New Technology Solutions to Support Rep-Driven Managed Account Programs on its Core Unified Wealth Platform-
         -§Envestnet | Tamarac: Envestnet | Tamarac Advisor View
         -§Broadridge Financial Solutions, Inc.: New Offering: A Complete Investment Management Solution from the Global Leader in Financial Operations
         -§FolioDynamix: FolioDynamix

         -§http://awards.wealthmanagement.com/2016-finalists
 

Six new insurance distribution models are emerging as carriers seek to harness the huge potential of digital technology - Accenture Insurance Blog

We’ve identified six new distribution models that insurers are implementing to harness the power of digital technology. They are: omni-channel customer experience; fully digital direct; beyond-insurance partnerships; small-ticket and affinity partnerships; connected insurance; and hyper-personalization and customer-centricity.

Extensive disruption of the insurance industry is forcing carriers to devise new distribution models to better serve their customers and extend their markets.

The success of these models is likely to hinge on insurers’ ability to use digital technology to deliver highly-personalized customer services and to launch innovative suites of new products.  Around 84 percent of insurers recognize that digital technology is changing customer expectations and 80 percent believe it will radically change their traditional practices. Furthermore, 39 percent expect the spread of digital technology will squeeze their profit margins over the next five years.
The rapid spread of digital technology is fueling much of the disruption that is transforming the insurance industry. Other factors include rising customer expectations, broker consolidation, the aging of insurance professionals and tighter regulatory requirements.

Several new distribution models have been implemented by far-sighted insurers eager to harness the power of digital technology. These companies are keen to gain an early advantage over their rivals and to ward off increasing competition from newcomers to the insurance industry. Each of these new models varies according to the resources and goals of the different insurers. However, we’ve identified six distinct patterns. They’re shown below.

http://minhtran.typepad.com/insurtech_vc/2016/04/...301bb08d4abec970d
 

hat Bolt allerhand zu bieten:

"We’ve identified six new distribution models that insurers are implementing to harness the power of digital technology. They are: omni-channel customer experience; fully digital direct; beyond-insurance partnerships; small-ticket and affinity partnerships; connected insurance; and hyper-personalization and customer-centricity."
 

https://www.travelers.com/FindAgent/All/FL/SARASOTA/BOLT-INSURANCE  

https://www.linkedin.com/company/bolt-insurance-agency  

VelocityEHS Wins 2016 New Product of the Year Award for its Environmental Management Software

CHICAGO, Dec. 21, 2016 (GLOBE NEWSWIRE) -- VelocityEHS, the leading cloud environment, health, safety (EHS) and sustainability software provider, was awarded top honors in the Environmental Protection 2016 New Product of the Year Awards. The company’s comprehensive environmental management software – which includes Air Emissions, Water Quality and Waste Compliance modules – makes it easier and more affordable for companies of all sizes to automate complex environmental compliance and reporting activities. Companies looking to get a handle on environmental management for 2017 and beyond now have an industry-leading solution to help them reach their EHS goals faster.

http://finance.yahoo.com/news/...ns-2016-product-award-133000614.html