ACTURIS LTD. Strengths, Domain Expertise, and Key Differentiators
Acturis Group is a software provider to the global travel insurance, international health and assistance market, the company was founded in 2000 by David McDonald and Theo Duchen, two former McKinsey partners. Acturis launched the first multi-tenant industry-specific SaaS platform in July 2002.
ACTURIS LTD. Recent Developments
In January 2020 Acturis launched its latest Acturis E-Trade product.
The new product has been specifically designed to suit Acturis and caters to the demands and needs of the retail industry. The new shop's product is available for both independent shopkeepers trading from a single location as well as chains and franchises with multiple premises.
In November 2019 ACTURIS acquired Add Value Assurances France a provider of commercial eTrade platform, this acquisition gave Acturis a significant presence in France. This partnership gives Acturis a significant presence in France.
This partnership with a very well-known and respected player in the French market is an exciting growth opportunity for the Group, continuing their track record of international acquisitions and partnerships with innovative market leaders in new territories.
ACTURIS LTD. Mergers and Acquisitions (M&A) Activities
In July 2017 ACTURIS acquired LUTRONIK Gmbh (broker software company serving insurance brokers in the German market) based in Wesel, Germany. The combination of Assfinet and Lutronik will allow Acturis to ramp up and accelerate electronic trading between insurers and brokers and enlarge our already substantial electronic broker distribution channel in Germany, while Lutronic customers will get full access to the standards of connectivity and integration with tariff comparison systems and insurers that Acturis provides.
In 2017, Acturis acquired ICE InsureTech which provides a modular, user-configurable, enterprise insurance suite covering the entire P&C process including ICE Claims, ICE Policy, ICE Billing, ICE Analytics and ICE Digital.
ACTURIS LTD. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ACTURIS LTD. 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 LTD. 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 System customers.
ACTURIS LTD. Overview
Ownership: - x
Number of Employees: 700
Functional Markets: ERP Services and Operations Management,
ACTURIS LTD. Key Enterprise and Cloud Applications
ACTURIS LTD. Revenues, $M:
|Type/Year||2018||2019||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 LTD. Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
ACTURIS LTD. Enterprise Applications Revenues By Functional Markets, $M:
ACTURIS LTD. Enterprise Applications Revenues By Verticals, $M:
ACTURIS LTD. Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
ACTURIS LTD. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
ACTURIS LTD. Customers - Breakdown by Geo, Size, Vertical and Product
No. of ACTURIS LTD. Customers: 22000
No. of ACTURIS LTD. Enterprise Applications Customers: x
No. of ACTURIS LTD. Cloud Customers: x
No. of ACTURIS LTD. Cloud Subscribers: x
Some of Acturis customers are Adler, AIG, Allianz, Astonlark, Aviva, Berkeley Insurance Group, Birosoft, bpw Insurance, Chubb, CPP Group UK, Folgate Insurance, Hiscox, ICB Group, QBE, Wrightsure Insurance Group and many others.
ACTURIS LTD. Market Opportunities, M&A and Geo Expansions
In 2019, Acturis Group entered the Canadian market by acquiring Zycomp Systems (provider of broker management software solutions with over 800 installations across Canada and the Caribbean). In parallel, Acturis has started the process of deployment of the Acturis SaaS platform in the Canadian market which will allow Canadian brokers, insurers and MGAs to benefit from leading edge connectivity and e-trade, and the multi-channel, multi-language capabilities of the system.
ACTURIS LTD. Risks and Challenges
Acturis reports a 10% dip in platform use during the Coronavirus pandemic.
ACTURIS LTD. Ecosystem, Partners, Resellers and SI
In March 2020 Acturis partnered with Ageas to expand the personal lines offering of its platform with the launch of the latest Ageas product House Guard. Ageas household insurance product features Insurer Hosted Pricing offering brokers up-to-date Ageas rates and sophisticated underwriting process directly through the Acturis platform. Brokers can now trade House Guard with peril-related premiums and a wider underwriting footprint that covers more property types and customers. The product also supports FloodRe, allowing for suitable risks to be ceded to the FloodRe pool by the insurer, enabling Acturis brokers to offer affordable cover to those living in flood-prone areas.
In February 2020 Acturis partnered with QOMPLX:UNDERWRITING to expand the e-trade offering of its platform with the launch of the parametric multi-peril insurance product WonderCover(the product, focussed on SMEs and backed by Chaucer, the international speciality (re)insurance group, is now available to brokers via the Acturis platform as a standalone policy or as an additional cover to other lines of business, giving Acturis brokers increased flexibility on what they can offer their customers).
ACTURIS LTD. Cloud Infrastructure Insights
Subscribe to read more about:
- ACTURIS LTD. Public Cloud and Infrastructure (IaaS)
- ACTURIS LTD. Platform (PaaS)
- ACTURIS LTD. Application Delivery
- ACTURIS LTD. Private Cloud and Data Centers
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:https://www.appsruntheworld.com/About Us
Copyright © 2021, APPS RUN THE WORLD