StagePrivate Equity | Alive
Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
Missing: Acturis's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Acturis's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Expert Collections containing Acturis
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Acturis is included in 2 Expert Collections, including Insurtech.
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Track and capture company information and workflow.
Latest Acturis News
Mar 6, 2023
| Insurance Business UK European private equity firms Montagu Private Equity and Astorg Partners are considering selling off their UK insurance software investment, according to reports. Five sources familiar with the matter, quoted in a Reuters report, said that Montagu is considering a sale of Open GI in a deal worth several hundred million pounds. The sources also confirmed that the firm is working with advisers on a strategic review of the business in preparation for a formal sale sometime during the second quarter of 2023, and that Open GI could be worth up to 12 times its expected core earnings of over £30 million. Montagu had backed a management buyout of UK-based Open GI in 2014; the private equity firm had previously owned and sold the business to broker Towergate in 2007. Meanwhile, Open GI’s counterpart Acturis is also preparing itself for a sale, three other sources told Reuters . Astorg purchased a minority stake in the employee owned Acturis in 2019 for an undisclosed sum. According to Reuters, private equity firms like Montagu and Astorg were investing in insurance IT suppliers for some time, until “insurtech” companies emerged in the second half of the last decade, which aimed to disrupt traditional insurance. The news outlet noted that currently some firms, like Montagu, are looking to monetise their investments after overhauling their portfolio companies’ technology stack. In other insurance software-related news, legal expenses insurer ARAG announced that it has made several of its products available on the Acturis platform . The insurer’s debut on Acturis gives brokers access to ARAG’s family, commercial and property owners’ legal expenses insurance products, as well as the company’s home emergency offering.
Acturis Frequently Asked Questions (FAQ)
When was Acturis founded?
Acturis was founded in 2000.
Where is Acturis's headquarters?
Acturis's headquarters is located at Premier Suite, London.
What is Acturis's latest funding round?
Acturis's latest funding round is Private Equity.
Who are the investors of Acturis?
Investors of Acturis include Astorg Partners and Summit Partners.
Who are Acturis's competitors?
Competitors of Acturis include Upsurance and 1 more.
Compare Acturis to Competitors
ChainThat aims to transform insurance markets using blockchain, distributed ledger technology and smart contracts. The solutions of ChainThat cover placing, contract management, facilities, accounting and settlement and claims agreement, all utilizing industry standards such as ACORD.
Upsurance is a commercial insurance marketplace focusing on P&C mid-market policies. Its risk matching algorithm and platform enable it to increase insurers' ROI up to 600% and to provide unparalleled access to retail brokers.
Blocksure develops an insurance processing platform based on blockchain technology.
SSP is a provider of general insurance technology solutions, operating in more than 50 countries across the UK, continental Europe, Asia Pacific, Africa and USA. SSP serves over 1,000 insurance brokers as well as over 160 insurers, including 20 of the world's largest insurers. On December 10th, 2020, SSP Worldwide was acquired by Volaris. The terms of the transaction were not disclosed.
On July 28, 2022, B3i Services ceased operations. B3i Services provides insurance solutions on a blockchain platform offering opportunities for efficiency, growth, and quality across the value chain to benefit all participants including end customers. It was formerly known as Blockchain Insurance Industry Initiative. The company was founded in 2018 and is based in Zurich, Switzerland.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.