Acturis Group Strengths, Domain Expertise, and Key Differentiators
Acturis operates as a Software-as-a-Service (SaaS) provider within the insurance industry, offering a comprehensive platform catering to administration, distribution, and underwriting needs for insurance brokers and underwriters.
Acturis Group Recent Developments
In early 2024, Acturis unveiled the introduction of Acturis Predict, heralding the integration of AI and machine learning capabilities within the Acturis Application. Representing a milestone in the evolution of the Acturis SaaS platform, Acturis Predict embodies the culmination of substantial investment by Acturis' Data Science Team. This innovative tool debuts with two distinct AI models, meticulously crafted to enhance business acquisition and retention strategies: Product Cross Sell and Propensity to Renew.
Acturis Group Mergers and Acquisitions (M&A) Activities
Acturis expanded its presence into the US market through the strategic acquisition of Broker Buddha, following its prosperous penetration into the German, French, and Canadian insurance sectors. Broker Buddha stands as a digital client engagement platform tailored for insurance agencies seeking to enhance customer experiences and fortify brand allegiance.
Acturis Group Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Acturis Group applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Acturis Group and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Acturis Predict, Acturis SaaS Platform customers.
Acturis Group Overview
100 Hatton Garden Holborn
London, x, EC1N 8NX, United Kingdom
44 20 7079-4000
https://www.acturis.com/
Ownership: - x
Number of Employees: 1200
Functional Markets: Analytics and BI, CRM, ERP Financial, ERP Services and Operations,
Key Verticals: Insurance,
Acturis Group Key Enterprise and Cloud Applications
Acturis Predict, Acturis SaaS Platform
Acturis Group Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Acturis Group Revenue Breakdown By Type, $M:
Acturis Group Enterprise Applications Revenues By Functional Markets, $M:
Acturis Group Enterprise Applications Revenues By Verticals, $M:
Acturis Group Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Acturis Group Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Acturis Group Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Acturis Group Customers
No. of Acturis Group Customers: x
No. of Acturis Group Enterprise Applications Customers: x
No. of Acturis Group Cloud Customers: x
No. of Acturis Group Cloud Subscribers: 95000
Acturis Group is a leading global provider of insurance software solutions, maintaining a presence in six countries and boasting a workforce of approximately 1,200 professionals. Our innovative products serve over 95,000 users across the globe.
Acturis Group Market Opportunities, M&A and Geo Expansions
Acturis Group is pleased to report strong financial results, with revenues reaching £121.3 million, representing a notable £9 million increase compared to the previous year, the company continues its impressive trajectory of growth. This marks the 20th consecutive year of revenue expansion for Acturis, reflecting yet another year of commendable financial performance.
Acturis Group Risks and Challenges
Acturis Group’s dedicated focus on providing software solutions solely for the insurance sector offers specialized value but also introduces concentration risk. This niche orientation may constrain the company’s ability to diversify its client portfolio and capture opportunities in adjacent markets.
Acturis Group Ecosystem, Partners, Resellers and SI
In 2024, Acturis forged a strategic partnership with First2Protect to spearhead digital transformation initiatives. First2Protect's choice of Acturis stems from the latter's reputation for pioneering technology solutions and a proven track record in successful delivery. Subsequently, First2Protect has seamlessly integrated with Acturis, leveraging numerous distinctive personal lines features offered by the platform.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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