12 Nov 2012 07:00
12 November 2012
Quindell Portfolio Plc ("Quindell", the "Company")
Award Success at Quindell
Quindell Portfolio Plc (AIM: QPP.L), the provider of sector leading expertise in software, consultancy and technology enabled outsourcing in its key markets, being Insurance, Telecommunications and their Related Sectors, is pleased to announce that Laurence Moorse, Group Finance Director at Quindell, has been honoured in the inaugural BDO Hot 20 FDs at the recent TMT awards in London.
The Hot 20 FDs in TMT report, nominated by CEOs, banks, lawyers, private equity houses and media influencers across the country, listed 20 finance directors in the technology, media and telecommunications sector who stood out from the crowd.
The Hot 20 was decided by a judging panel of BDO partners, Sara White of Accountancy magazine and Christian Young of Smedvig Capital. Given the region's strong technology sector, Paul Anthony, Southampton office Partner and Head of Technology, Media and Telecoms in accountancy and business advisory firm BDO said "I was not surprised that a local Finance Director was among the most impressive in the UK".
Quindell's shares have been one of the UK Market's star performers since its listing last year and Laurence has been instrumental to managing Quindell's rapid growth and the financial force leading its major acquisition and growth strategy. The judging panel praised Laurence for his ability to think beyond the traditional paths for growth and with a string of complex and successful transactions to his name his capabilities as a Finance Director were some of the best BDO has seen.
Paul Anthony at BDO added: "Whilst there are clearly many criteria which round off the best finance directors, it is sometimes these intangible 'other' qualities which transfer them from lukewarm to 'hot.' When we started the search to find the TMT sector's most impressive and exciting FDs we did not expect to unearth the sheer diversity of individuals.
"The very best FDs have a distinct role in shaping a company's strategy. They are a far cry from being 'yes men' to CEOs or investors. Their financial astuteness and ability to know when to take a risk, combined with their overriding passion for their sector and desire for their companies to succeed, makes them some of the most impressive business leaders around."
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Commenting on the award, Laurence Moorse, Group Finance Director of Quindell said: "I am delighted to have first been nominated and now awarded with the accolade of being one of the UK's top 20 TMT Finance Directors. Having worked in the dynamic and fast moving TMT sector since 2000 and to be now acknowledged in this way along with the other winners is wonderful."
Rob Terry, Chairman and Group Chief Executive of Quindell said: "I was really pleased to hear that Laurence had been recognised as being amongst the top 20 TMT Finance Directors. Laurence's contribution to Quindell has been one of the factors in our success to date and will remain so as we continue to grow and deliver to our customers and shareholders. The Board would like to thank Laurence, his team, and all of our staff who work so hard to contribute to Quindell's ongoing success."
For further information:
Quindell Portfolio PlcRob Terry, Chairman & Group Chief Executive
Laurence Moorse, Group Finance Director | Tel: 01329 830 501terryr@quindell.com
Tel: 01329 830543 moorsel@quindell.com |
Media EnquiriesRedleaf Polhill Limited Rebecca Sanders-Hewett Jenny Bahr |
Tel: 020 7566 6720 quindell@redleafpolhill.com
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Notes to Editors:
About Quindell Portfolio Plc
Quindell Portfolio Plc is a provider of sector leading expertise in Software, Consulting and Technology Enabled Outsourcing in its key markets being Insurance, Telecommunications and their Related Sectors.
Quindell joined the market through Mission Capital Plc, now renamed Quindell Portfolio Plc. The Company was readmitted to the market on 17 May 2011 following the acquisition of Quindell Limited prior to the immediate acquisition of Quindell's technology and outsourcing partners. In December 2011, Mobile Doctors Group Plc was acquired increasing 2012 run-rate revenue to over £50 million. On the 1 April 2012, Ai Claims Solutions Plc became a subsidiary of Quindell, increasing run rate revenue to over £150 million.
Our Industry Sectors
In today's digital world the line between traditional industry sectors continues to blur, however the focus on tight service management is common to them all. We believe that excellent customer service, tight cost control and integrated supply chain management is not the prerogative of any single industry sector and with our solutions in multiple industry sectors savings of over 20% against industry norms are being delivered to the bottom line.
Our Solutions
The pressures on an organisation can come simultaneously from multiple directions including the need to add customers, increase wallet share, reduce costs and improve customer satisfaction. At Quindell we have the People, the Processes and the Supply Chains, underpinned by our sophisticated Champion and Challenger Business Process Management Technology Platform and Industry Solutions to help our customers tackle these efficiently and effectively.
With a clear understanding that having the best products and services on offer is not always enough and that getting your customers to use or adopt them is key, effective conversion lies at the core of our unique Champion and Challenger tools and techniques. Using these solutions Quindell has helped its customers achieve sales and service conversion rates ranging from 75% to 90%, way above industry norms. But life does not stand still, and complacency can kill any business, so the embedded Champion and Challenger continual improvement focus of our Learning Solutions is at the heart of all we offer. Using our industry insight and expertise, Quindell takes the holistic view of our client's challenges.
For example, when considering the Insurance industry today where 50% of the cost of an auto claim is associated with Personal Injury, including legal services, medical reporting and rehabilitation, it is clear that an organisation will not be able to achieve the levels of savings and customer satisfaction desired without addressing the injury to the driver as well as the repair of the vehicle. This is why at Quindell we have designed our insurance solutions and supply chains to address the full end-to-end cycle, with the ability and expertise to treat an injured party as well as repairing their vehicle. This makes Quindell a truly unique and ethically based proposition for the insurance industry today.
Our Customers
Quindell Portfolio's companies have worked with over 2000 brands from Small to Medium Enterprises and Blue-chip organisations around the globe. Today we count a number of the world's top Insurance and Telecommunications blue chip companies within our client base, as well as hundreds of customer centric organisations working in both the distribution and supply of their services.
Our award winning Business Transformational, Software, Consulting and Outsourcing Solutions are recognised as delivering significant savings and additional sales to our customers every year.
For further information, please visit www.quindell.com