T.R | Title | User | Personal Name | Date | Lines |
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16.1 | 1992 and all that | WARDER::FULTON | | Fri Mar 18 1988 10:33 | 7 |
| I note that one or two Insurance companies are starting to prepare
for 1992. GRE has created a new jointly owned Life Company based
in Paris, Guardian Vie, with a 20M stake (where's the pound sign
on this keyboard?); Sun life has announced a joint marketing deal
with one or two companies.
Anybody heard of other examples; what about the DP implications?
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16.2 | Adatco/Apricot? | WARDER::FULTON | | Mon May 09 1988 11:22 | 6 |
| I understand that Adatco has passed into the hands of Apricot Software.
Adatco is or was a small software house specialising in services
to the Insurance market, particularly brokers. I don't have any
further information as yet; anybody out there heard more?
........Gordon
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16.3 | UK info - Adatco/Apricot | CHEFS::COLLINSP | | Tue May 10 1988 10:15 | 14 |
| Gordon,
Apricot has just made two acquisitions worth a total of 7.2M pounds.
One is Sigmex, a specialist in computer graphics.
The second, and important to us, is Adatco. Profits fell last year
at Adatco although they are now doing very well again. Apricot
appear to have got them "for a snip". First discussions with the
directors at Adatco/Apricot suggest the acquisition shouldn't cause
us a problem. In fact it might release more resource for Adatco
to successfully impliment the systems they've just sold.
Phil
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16.4 | Proposal for UK input to Notes | CHEFS::COLLINSP | | Fri May 13 1988 08:26 | 26 |
| In the UK we have very active Sales/SWAS, ACT, and Marketing groups
concentrating on Insurance.
It is valuable for us to exchange ideas amonsgt ourselves Via Notes,
but also to share info with the US, GIA and Europe. Some UK input
has started to appear in the Insurance conference notes and this
will hopefully increase fast.
Can I suggest to all that we try to gain maximum benefit in sharing
information without detracting from it by confusion of topics (such
as applicability of suggested packages to specific markets) by
following some simple guidelines:
- We keep to one corporate Insurance Conference.
- We keep separate topics for the UK issues and always
have UK in the title.
- We add UK views to general discussions as much as
possible.
Current UK Topics are : - Note 16 UK Notes
- Note 31 UK Insurance Consultants Forum
Let me know your views on this!
Phil
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16.5 | Let's not become UK Ltd | ODIHAM::MOSSMAN | A Master of the Universe | Fri May 13 1988 09:08 | 16 |
| re .4
You tell me what topics are UK-specific and I will agree with you,
Phil. What worries me is the danger that we may become parochial.
For my part I would rather risk the possibility of some topics ending
up of interest only to the UK or the US, rather than setting out
to deliberately achieve that. I for one am very keen that we treat
insurance as an international subject and I firmly believe we will
get more value by encouraging international involvement in all topics.
(However, just to prove how reasonable I am you will note that I
have put UK in the title of this reply ! ).
Mike.
|
16.6 | Some suggested topics | WARDER::FULTON | | Mon May 16 1988 12:09 | 14 |
| I don't think UK notes in a single corporate notes file is being
parochial. There will be a lot of common interests, that's certain.
But I don't think the FSA is of a lot of interest outside the UK,
and the nation-specific Value added networks, etc. will only be
of passing interest. A lot of software solutions are also different. I
suggest topics on:
UK software houses/products
UK Financial services Act developments
UK (or Europe) 1992 developments
UK Vans
UK workshop/ consultancy notes.
However, I agree that we need to be aware of the wider issues as
well, so let's stay in this file...............Gordon.
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16.7 | UK rules OK ? | ODIHAM::MOSSMAN | A Master of the Universe | Tue May 17 1988 08:02 | 21 |
| re .5 and .6
>> For my part I would rather risk the possibility of some topics ending
>> up of interest only to the UK or the US, rather than setting out
>> to deliberately achieve that.
> I don't think UK notes in a single corporate notes file is being
> parochial. There will be a lot of common interests, that's certain.
> ......However, I agree that we need to be aware of the wider issues as
> well ....
Gordon, I think we are in danger of having a violent agreement.
MIke.
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16.8 | UK :World wide | OKYAH::KINGSLEY | | Thu May 19 1988 13:09 | 34 |
| I feel obliged to enter the UK : World wide debate.
I think the biggest problem is to decide what would be just UK issues.
UK legislation
1992
UK VANS have definitely much wider boundaries than the
UK
e.g. 1992 - apart from the fact that the whole point of the 1992
directives is to create a "single European market" and therefore
by definition cannot be just a UK matter, it is of great interest
to the US insurance marketplace as it will create a market place
roughly the same size but with some 60% more business opportunity.
Is this a threat or an opportunity? The entrance for the US and
Japanese co.'s is mainly through the UK and a series of aquisitions
and mergers is already happening and expected to increase in pace
as 1992 nears - e.g. St Paul's and Minet's etc.
For the same reason the UK legislation such as the Financial Services
Act and its implications re. compliance is of importance to both
European and US ins. co.'s buying into the UK - and we have to remember
that the traffic isn't just one way. European ins co.'s are very
interested in the UK insurance marketplace for the expertese and
sophistication, that is regonised here, e.g. the battle by Compagnie
du Midi for Equity & Law.
I accept that UK software houses may be of more local interst, but
even there we must tread carefully as just this morning I have had
a long conversation with Borge Masden of Digital Norway about the
UK application software he will be able to use to strengthen his
bid into Storebrand, Norways biggest insurance company.
Tillie
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16.9 | ACT/Adatco with Data General | WARDER::FULTON | | Fri Sep 02 1988 16:52 | 8 |
| Further details on .... .2:
We have recently been asked to support a CSH in proposing an
package solution to Cooperative Insurance society. One of the
competitors is ACT (which now includes Adatco) bidding on Data General
equipment. What has DG got that we haven't?
If I find out more, I'll post it here......Gordon
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