Acturis is one of the UK’s highest rated and fastest growing technology companies, dedicated to delivering awesome solutions for our clients, helping them streamline their business with a more connected approach to Insurance.
The company was founded by David McDonald and Theo Duchen, two former McKinsey partners, in 2000. Over the past 15 years, the Acturis Group has grown to over £46m of revenues in 2015 and has more than 430 colleagues in 5 locations, with customers in more than 40 countries around the world. Every year, Acturis has achieved a consistent double digit growth in users, revenues and profits since the system went live in 2002. Even though our revenues have grown 27% per annum over the past 10 years, we are not content to stand still, re-investing £10m a year in the development of our products, services and platforms.
We launched the first multi-tenant industry-specific SaaS platform in July 2002, completing the UK’s first end-to-end e-trade insurance integration later that year. Acturis remains the UK’s leading commercial e-trade product offerings supporting more of the UK’s insurers and brokers than any other platform. With around 14,000 users choosing Acturis as their broker platform, Acturis has proven a trusted and crucial element of their business. 8 of the top 10 top UK commercial lines insurers use the Acturis System as their chosen multi-channel SME underwriting and distribution platform. Today, if a small business buys an insurance policy online, the chances are they are buying from an Acturis customer and the entire process has been enabled by the Acturis System.
The Acturis Group is now seeking to replicate its success outside the UK, as well as entering other insurance industry segments. Through our acquisitions of Assfinet and NAFI, Acturis Deutschland is now the leading integrated software and pricing data provider to the German insurance broking market and, through our acquisition of NIS, the Acturis Group is now the leading software provider to the global travel insurance, international health and assistance market.
At Acturis, we are committed to recruiting and developing a great team, hiring more engineers, physicists and mathematicians from top universities every year than most FTSE companies. Our consistent track record of innovation and delivery has been recognised by multiple technology and industry awards. In 2012, we received the Queens Award for Innovation in Enterprise and, in 2015, Acturis was named as the No. 1 privately held tech company in the UK by Megabuyte.