Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

Bolt is Big Game Changer

The Game Changer:
A Massive Expansion to a Distribution Network with a Dramatic Improvement in Efficiency

MGAs, wholesalers and aggregators need to provide their agents with online real time access to multiple markets including standard lines, programs, surplus lines, and Lloyds markets.

An online portal for self-service, The Bolt platform includes support for standard lines, surplus lines, program, and proprietary products. Retail agents can produce their own multi-carrier quote and interact with your underwriters.The Bolt Platform supports the full life cycle of your agents, from on-boarding and registration to new business, servicing, commissions and reporting.

The Bolt platforms provides all the automation needed to manage your interactions with your distribution channel and partner carriers online and in real-time.

“The implementation of Bolt technology represents a huge step forward for Insurance Noodle clients. The agents participating in the pilot test couldn’t have been more enthusiastic about the 2.0 platform, with many of them referring to it as ‘a real game changer.’ We look forward to fully leveraging Bolt to offer our network of agents even greater capabilities to build their business.”
 

"We expect to meet our previously announced annual revenue and adjusted net income guidance and we continue to aggressively repurchase our stock during the quarter buying back 480,000 shares for $5.3 million."
 

http://www.freeborders.com/...ers-navigate-new-international-markets/  

393,773 Unique Visitors
55.26% Montly Growth
11.45% Yearly Growth
 

Indirect Spend: The Next Generation Of Savings For Manufacturers

Wed, 08/07/2013 - 12:17pm

by
Jeff Cooper, Manufacturing Practice Lead, Procurian

In the wake of the protracted economic downturn and equally slow recovery, manufacturers have been challenged to find new ways to improve margins and revenue growth. Those companies that have best adapted, both operationally and strategically, have set new standards in cost-savings, quality control, and productivity. Although most cost-savings efforts have been focused on cost of goods sold, manufacturers spend 20 percent or more of their total revenue on non-product or “indirect” expenditures.

Indirect expenses include areas such as HR, benefits, IT, capital equipment and other goods and services that do not go into the finished product. These costs represent a large area of spend—and a significant opportunity for savings. This opportunity is not lost on business leaders: half of Fortune 1000 Executives say reducing indirect and non-product input costs could provide significant savings, without disrupting business. (Source: Harris Poll Survey) However, capturing this opportunity requires a new model for managing indirect spend.
 

http://vimeo.com/67719156  

In the past decade, 7 of the top 10 insurers have lost market share

In the very near future, over a quarter of a Trillion ($ US) in premium will go to the winners who solve the insurance multi-channel distribution puzzle.

Consumers are now accustomed to the easy-to-navigate, information-rich shopping experience offered by most popular retail vendors. Through these shopping channels, they can determine their needs, research information, look up referrals and reviews, compare options and consider solutions before purchasing. In this new retail environment, distribution models must offer consumers the option to shop for and buy insurance through both direct and agency channels.  

The BOLT Platform offers the opportunity to rethink and build Multi-Channel Distribution. Our solution addresses questions and concerns including:

•We need to improve access to our product online, but we don’t have time to learn the best practices in acquiring customers through online channels…
•We want to establish and introduce agents and an integrated call center as additional channels to online shoppers – is there a way to achieve this quickly and cost-efficiently?
• How can we optimize the economic benefits that the new distribution models offer?
•How can we acquire the required technology capability fast with minimal risk and integrate it with existing legacy systems?
 

the help of Freeborders

“This is the way we should collect and manage all data of this kind across the organization”. COO, Major Global Investment Bank

The strict requirements of regulations such as Dodd-Frank, Sox 404, Basel II and Basel III have created the need for close monitoring of and improvements to operational risk management for the financial services industry. Learn about the 3 Steps to Improve Governance, Risk and Compliance.The Freeborders Independent Controls Ecosystem (ICE) provides a framework and set of tools that help you address governance, risk and compliance from an organization wide perspective
 

http://ww1.prweb.com/prfiles/2013/06/25/10869301/...review%20Deck.pdf  

What size companies use the Bolt Platform?
We have no minimum requirements for the number of employees using the Bolt Platform or the number of customers it can serve. Because the Bolt Platform is already built and provided as a service, it is fully scalable and can be used by any size organization. It’s used by small independent insurance agencies, large brokers and wholesalers, all the way up to the largest insurance companies.
Who are your customers?
Our customers are anyone who participates in the distribution of property and casualty insurance. This includes small independent agencies, the largest brokers and wholesalers and both small and large insurance companies. Among our customers are 7 of the top 10 P&C Insurance Carriers, many of the largest insurance brokers and wholesalers, over 6,000 agents, and millions of consumers.
I work for a carrier, do we need to have an internal agency to use the Bolt Platform?
We support carriers’ current internal distribution, but we can also provide a turnkey internal agency that includes licensing in 50 states and carrier appointments.
What happened to the SeaPass Hub?
The SeaPass Hub has been upgraded to the new technology platform and is now part of the Bolt Platform. All 6,000+ agencies on the SeaPass Hub will be migrated to the Bolt Platform and will be able to take advantage of faster and easier to use quoting with Bolt's expanded list of Platform carriers.
How is the Bolt Platform different from a comparative rater?
The SeaPass Hub has been upgraded to the new technology platform and is now part of the Bolt Platform. All 6,000+ agencies on the SeaPass Hub will be migrated to the Bolt Platform and will be able to take advantage of faster and easier to use quoting with Bolt's expanded list of Platform carriers.
How is the Bolt Platform different from an agent portal?
The Bolt Platform includes the Bolt Portal which is the latest release of our award-winning Insurance Portal product. It provides an agent portal along with portals for wholesaler, brokers, captive agents, independent agents and consumer-facing agents. The portal also includes options for call center, CRM, data warehouse reporting and analytics as well as a management system. The configuration is completely flexible and is dependent on your needs. It is delivered in a Platform as a Service model that requires no software installation. The Bolt platform can expand further to include licensed agents in 50 States and access to top markets for both personal and commercial lines. Along with our partners in brokerage and wholesale, we can offer a full turnkey multi-channel, multi-carrier distribution platform that supports full lifecycle processing.
How quickly can the Bolt Platform be deployed?
As fast as you need it. The Bolt Platform can be deployed Private Cloud, On-Prem, or both. Since the Platform is available in a Software as a Service delivery model, it’s ready as soon as you are.

 

Logistics Sourcing: First and Second Wave Strategies

Jason Busch - September 3, 2013 11:30 AM

This post is based on material from the 2013 Spend Matters / Procurian research brief: Logistics Category Perspective: Strategies and Trends in Trucking and Intermodal (free, registration required). Contributors from Procurian include Ed Sands, Global Practice Lead-Logistics and Scott Youngs, Logistics Category Management Group Leader. Spend Matters contributors include: Jason Busch, Executive Editor, and Pierre Mitchell, Chief Research Officer.

When it comes to logistics sourcing strategies, “job one” is almost always centered on bidding strategies. We see significant savings from a sourcing strategy and approach that enables carriers to bid flexibly on preferred lots (i.e., grouped lots comprising several complementary lanes as one bundle) and to offer discounts or adders based on a variety of criteria. This approach allows the procurement team to weigh these offers (with potential additional negotiations) against a variety of constraints, such as supplier rationalization goals, customer service level requirements, and cost objectives.
 

https://siteanalytics.compete.com/whitefence.com/  

About Procurian in the Transcript of the last Conferemce Call - Read more direct on Seeking Alpha

Procurian signed a comprehensive procurement outsourcing contract with a global manufacturing company based on South America during the quarter. The company also continues to make good progress with respect to direct selling single category solutions, signing three new energy contracts and significantly spending relationships with two existing Fortune 100 customers.

Since quarter end, company has signed another comprehensive procurement outsourcing contract with a major global brand and has received four verbal commitments, all of which are in contracting phase.

Procuring aggressive sales efforts in Europe are also beginning to reflect pipeline activity as well. Additionally the company is building out sales teams in two new verticals, financial services and pharmaceuticals, to sport the level of interest and opportunity it is seeing on these sectors.

In terms of industry recognition Procurian's naming as one of international association of outsourcing professionals, global 100 providers was recently featured in the special edition of fortune 500 magazine.

The IAOP is a global association that annually ranks the top 100 outsourcing service providers and Procurian was the only procurement focused organization acknowledged on this list. Less
 

Ferro Increases 2015 Earnings Targets as Progress Continues on Value Creation Strategy

•Agreement Signed for Indirect Spend Optimization Initiative
•Overall Cost Savings Now Expected to Exceed $100 Million versus Prior Target of $85 Million
•2015 Adjusted Earnings per Share Target Now Greater than $1.00 versus Prior Target of $0.90 - $1.00


CLEVELAND--(BUSINESS WIRE)--Sep. 9, 2013-- Ferro Corporation (NYSE: FOE, the “Company”) today announced that it has entered into a five-year agreement with Procurian Inc., a leading specialist in procurement solutions, and expanded its relationship with Capgemini, a leading provider of technology and outsourcing services, to maximize the value derived from the Company’s indirect spend procurement process.

As part of Ferro’s value creation strategy, the Company is initiating a comprehensive program to transform the way indirect spend is managed, improving procurement effectiveness and reducing costs. The program will focus on expenditure categories including, among others, professional and contract services, facilities, information technology and telecommunications, packaging, capital equipment, utilities, logistics, and travel. Ferro’s annual expenditures for such goods and services are approximately$325 million.
 

Ferro Increases 2015 Earnings Targets as Progress Continues on Value Creation Strategy

•Agreement Signed for Indirect Spend Optimization Initiative
•Overall Cost Savings Now Expected to Exceed $100 Million versus Prior Target of $85 Million
•2015 Adjusted Earnings per Share Target Now Greater than $1.00 versus Prior Target of $0.90 - $1.00


CLEVELAND--(BUSINESS WIRE)--Sep. 9, 2013-- Ferro Corporation (NYSE: FOE, the "Company") today announced that it has entered into a five-year agreement with Procurian Inc., a leading specialist in procurement solutions, and expanded its relationship with Capgemini, a leading provider of technology and outsourcing services, to maximize the value derived from the Company"s indirect spend procurement process.

As part of Ferro"s value creation strategy, the Company is initiating a comprehensive program to transform the way indirect spend is managed, improving procurement effectiveness and reducing costs. The program will focus on expenditure categories including, among others, professional and contract services, facilities, information technology and telecommunications, packaging, capital equipment, utilities, logistics, and travel. Ferro"s annual expenditures for such goods and services are approximately$325 million.
 

 

http://online.wsj.com/article/PR-CO-20130909-904502.html#  

New Client for Bolt: Citizens Board Takes Major Clearinghouse Step by Selecting Vendor
.

TALLAHASSEE, Fla. (AUGUST 22,2013) – Citizens Property Insurance Corporation’s Board of Governors on Thursday took a major step toward launching the consumer clearinghouse by selecting the company to service policyholders and agents when the program kicks off January 1, 2014.

By unanimous vote, the board approved a contract with Bolt Solutions Inc., a Farmington, Connecticut based company with offices in Sarasota. The company will provide the software platform linking private insurers with consumers seeking to renew policies or purchase new coverage with Citizens.

Established in 2001, Bolt provides online insurance placement to small businesses and consumers in 50 states and similar clearinghouse services to major national carriers. Under the terms of the deal, the 10-year agreement may not exceed $44.9 million and includes an initial five-year contract period and a five-year renewal option.
 

Florida’s Citizens Insurance Signs $45M Contract with Bolt for Clearinghouse

By Michael Adams | August 23, 2013

Florida’s state-backed property insurer has tapped a Connecticut-based firm to operate a new clearinghouse where new and renewal policyholders will be shopped to the private market before they are eligible for coverage.

The Citizens Property Insurance Corp. board of governors has formally agreed to the contract with the Farmington, Connecticut-based Bolt Solutions Inc.

Bolt will receive up to $44.9 million over 10 years to create and maintain the clearinghouse, which is scheduled to become operational January 1, 2014.

Bolt Solutions, which has offices in Sarasota, provides similar services for small businesses and consumers in all states. The firm also offers clearinghouses for some insurers.

The centerpiece of this year’s legislative property reforms, the new clearinghouse is intended to help depopulate and rein-in the number of new policies in Citizens.

Under the new law, Citizens will create a database through which every new applicant or renewal policyholder will first be filtered so that private insurers can review the policies and potentially make an offer of coverage.

If a new applicant receives an offer of comparative coverage that is within 15 percent of Citizens rates, the applicant will not be eligible for Citizens coverage and must obtain coverage through the private market.

Citizens renewal policyholders that receive an offer of a comparative policy with a premium that is equal to or less than their Citizens policy likewise will have to find coverage in the private market.

Citizens Board of Governor’s Chair Chris Gardner said the hiring of Bolt Solutions marks a critical step toward helping consumers find a more suitable offer of coverage in the private market.

“Florida’s insurance market is expanding with private-market options for residential insurance becoming increasingly available,” said Gardner in a statement. “By helping match homeowners with these options, the clearinghouse will provide an invaluable service.”
 

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Please check our open positions below.
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Contract Services
Contract Services Associate (Req. # 2013-192)
London, United Kingdom
Contract Services Associate (Req. # 2013-194)
Prague, Czech Republic
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King of Prussia, PA, United States
Contract Services Lead (IT) (Req. # 2013-193)
London, United Kingdom
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London, United Kingdom
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King of Prussia, PA, United States
Corporate
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Hyderabad, India
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Account Executive - Procurian Energy
Atlanta, GA, United States
Client Executive - Procurian Energy (Req. # 2013-208)
Remote, United States
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King of Prussia, PA, United States
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Procurement Operations Senior Associate (Req. # 2013-167)
Hyderabad, India
Sourcing Operations Specialist (Req. # 2012-325)
Hyderabad, India
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Remote, United States
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Remote, United States
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King of Prussia, PA, United States
Sourcing & Category Management
Category Lead, Corporate Professional Services (Req. # 2013-203)
King of Prussia or Chicago, United States
Category Management Associate (Req. # 2013-159)
Zurich, Switzerland
Country Category Manager (Req. # 2013-024)
Zurich, Switzerland
Country Category Manager (Req. # 2013-171)
London or Prague, United Kingdom
EEC Sourcing Associate
Hyderabad, India
IT/Telecom Project Sourcing Associate (Req # 2013-139)
King of Prussia, PA, United States
IT/Telecom Sourcing Sr. Associate (Req. # 2013-157)
Hyderabad, India
MRO Category Manager (Req. # 2013-136)
Remote, United States
Practice Lead, IT (Req. # 2013-156)
London, United Kingdom
Project Sourcing Associate - IT (Req. # 2013-158)
London, United Kingdom
Project Sourcing Associate, Corporate & Professional Services (Req. # 2013-138)
Prague, Czech Republic
Project Sourcing Associate, CPS (Req. # 2013-026)
Prague, Czech Republic
Project Sourcing Associate, IT (req. # 2013-160)
Prague, Czech Republic
Sourcing Associate - CPS (Req. # 2013-201)
Prague, Czech Republic
Sourcing Associate, Energy (Req. # 2013-098)
Atlanta, GA, United States
Sourcing Associate, Marketing (Req. # 2013-185)
Prague, Czech Republic
Sourcing Lead, IT (Req. # 2013-145)
London, United Kingdom
Sourcing Lead, IT/Telecom (Req.# 2013-155)
London, United Kingdom
Sourcing Manager, CPS (Req. # 2013-200)
London, United Kingdom
Sourcing Manager, IT (Req. # 2013-079)
London or Prague, United Kingdom
Sourcing Manager, Legal Services (Req. # 2013-205)
King of Prussia, PA, United States
Sourcing Manager, Logistics (Req. # 2013-143)
King of Prussia, PA, United States
Sourcing Manager, MRO (Req. # 2013-189)
King of Prussia, PA, United States

 

MSDSonline Wins ISHN Readers" Choice Award for Mobile Chemical Inventory Management

CHICAGO (July 22, 2013) — MSDSonline, the leading provider of sustainable cloud-based EH&S solutions, was recently named a 2013 Reader"s Choice Award Winner by Industrial Safety & Hygiene News — a leading publication in the EHS industry — in the Mobile Chemical Inventory Management Category. Winners were revealed onon the website of ishn and will be published in the print edition of the magazine this August. According to ISHN, the competition"s objective was to recognize the most innovative personal protective equipment (PPE) and safety products.

"We are delighted to be selected by ISHN"s readers for this honor, and we share the award with our customers," said Glenn Trout, MSDSonline president and CEO. "Our mobile chemical management solution integrates the best thinking of our product development, IT, design, sales and customer care teams, as well as the best ideas from among the thousands of safety professionals who rely on our products day-in and day-out."
 

China Daily reports that China's offshore software market will reach $13.8b in 2017 at a compound annual growth rate of 22.3%. According to International Data Corporation (IDC) the market reached $5.05 billion in 2012 at a 22.5 percent growth rate over 2011. In recent years, global customers have been under pressure to cut operating costs. Offshore outsourcing services which could optimize cost structures and compel the business transformation have been widely adopted. 2012 witnessed a year of rapid development and sharp transformation for the China outsourcing market. In that year, China outsourcing market experienced a dynamic merger of equals, buyouts of core business.
 

icge ist gerade dabei nach oben auszubrechen.
Hast Du irgendwelche Zahlen parat?
KGV oder innerer Wert (der dürfte viel höher sein).

Wie hoch könnte der Wert kurz- bis mittelfristig laufen?

Warum beschleunigt dieser Wert gerade so?

Vielen Dank im voraus.  

Ferro Announces 5-Year Agreement with Procurian
September 10, 2013 12:52 PM |
Ferro announces a five-year agreement with Procurian as part of an indirect spend optimization initiative
 

Ich halte den inneren Wert für wesentlich höher als den Börsenpreis.

Warum die Beschleunigung gerade jetzt abläuft, weiß ich auch nicht. Aber Local Corp wird seit über 10 Jahren permanent von nackten Shortsellern massiv begleitet, von denen jetzt einige die Hosen voll bekommen haben könnten - z.B. weil sie nicht der mit tollen Entwicklung von Seapass gerechnet haben. Um ehrlich zu sein - ich auch nicht.