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Huddle Money
Open is an embedded finance company that builds and manages infrastructure for the global insurance industry. It is based in Sydney, Australia and Auckland, New Zealand. The company primarily offers embedded insurance products that are managed with application programming interfaces (APIs). These products are embedded and offered to the customers of telecommunication, energy, travel, banking and retail companies. History Open (Open Insurance Pty Ltd) was founded in Australia during June 2016 by British expats Jonathan Buck and Jason Wilby. The pair initially launched a consumer brand Huddle with the aim of challenging traditional financial services in Australia and offering a transparent and technology driven model for consumers. Early products were based on the concept of the peer economy, with the aim of reducing the cost of financial products such as loans and insurance in Australia. In April 2017 the company became a certified B Corporation, to verify that the compan ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Sharing Economy
In capitalism, the sharing economy is a socio-economic system built around the sharing of resources. It often involves a way of purchasing goods and services that differs from the traditional business model of companies hiring employees to produce products to sell to consumers. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organisations. These systems take a variety of forms, often leveraging information technology (particularly digital platforms) to empower individuals, corporations, non-profits and government with information that enables distribution, sharing and reuse of excess capacity in goods and services.Sutherland, W and Jarrahi, M.H. "The sharing economy and digital platforms: A review and research agenda." ''International Journal of Information Management'' 43 (2018): 328–341. There are two main types of sharing economy initiatives: * Non-profit, usually based on the concept of book-lendin ...
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Slingshot (ISP)
Slingshot is the fourth largest telecommunications company in New Zealand. It has an approximately 16% market share of the New Zealand fixed telephone landline and residential broadband market. There are 300+ employees who all work in Auckland CBD. History Slingshot was founded in 1996 by Malcolm Dick and Annette Presley. The company was established as part of the CallPlus group of companies to provide residential customers with internet and toll calling services. In 2016, M2 Group and Vocus Communications merged, forming Vocus Group, and in July 2017 CallPlus was rebranded to Vocus Communications. On 1 June 2022, Vocus Group merged with telecommunications company 2degrees. Activities * 2013 – Launched New Slingshot "Global Mode", Free on all Slingshot Broadband connections * 2013 – Sponsored TV3's new flagship current affairs show "3rd Degree" * 2012 – Finalist at the World Forum Broadband Awards in Amsterdam, for Broadband Unlimited * 2012 – Launched Rollover ...
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Polestar
Polestar is a Swedish automotive brand established in 1996 by Volvo Cars' partner Flash/Polestar Racing and acquired in 2015 by Volvo, which itself was acquired by Geely in 2010. It is headquartered in Torslanda outside Gothenburg, Sweden with vehicle production taking place in China. The Polestar name originates from the STCC Polestar racing team which spawned Polestar Performance AB, in turn acquired by Volvo Cars in July 2015. The racing team changed its name to Cyan Racing, while maintaining close ties to Volvo. In September 2021, Polestar announced an intention to go public through a business combination agreement with Gores Guggenheim, Inc., a special-purpose acquisition company. Polestar shares began trading on the Nasdaq exchange under the symbol PSNY on 24 June 2022. History The company origins can be traced back to the foundation of Flash Engineering in 1996, a Swedish racing team competing in Swedish Touring Car Championship (STCC). The team was later sold and ...
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Bupa
Bupa , legally British United Provident Association Limited, is an international health insurance and healthcare group with over 38 million customers worldwide. Bupa's origins and global headquarters are in the United Kingdom. Its main countries of operation are: Australia, Spain, the United Kingdom, Chile, Poland, New Zealand, Hong Kong, Turkey, Brazil, Ireland, Mexico and the United States. It also has a presence across Latin America, the Middle East and Asia, including joint ventures in Saudi Arabia and India.Full Year Results
Presentation 2021
Bupa is a private . It has no shareholders and ...
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Telstra
Telstra Group Limited is an Australian telecommunications company that builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. It is a member of the S&P/ASX 20 and Australia's largest telecommunications company by market share. Telstra is the largest wireless carrier in Australia, with 18.8 million subscribers as of 2020. Telstra has a long history in Australia, originating together with Australia Post as the Postmaster-General's Department upon federation in 1901. Telstra has transitioned from a state-owned enterprise to a fully privatised company and has recently focused on diversified products and emerging technologies. History Australia's telecommunications services were originally controlled by the Postmaster-General's Department (PMG), formed in 1901 as a result of Australian Federation. Prior to 1901, telecommunications were administered by each colony. On 1 July 1975, separate ...
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Hollard Group
Hollard Group is a privately owned insurance group based in South Africa that operates under two insurance licences: short term and life. The company was established in 1980 by Robert Enthoven, and the Enthoven family retains the majority share, locally through The Enthoven Family Trust (EFT) and internationally through Capricorn Ventures International (CVI). History Hollard was founded in 1980 by Robert Enthoven and his son Patrick Enthoven. In 1985, Patrick moved to California to work in the insurance business there. ''Etana Insurance'', launched in April 2008, was South Africa's only insurer to exclusively insure businesses. It was co-owned by Hollard (49.9%) and Etana Holdings (50.1%). More than 40% of Etana's management team was black in keeping with the company's commitment to racial equality. It was re-acquired by Hollard in 2013, and formed a division called Hollard Broker Markets. The firm is known for the development of selling prepaid insurance, sold in cellphone-li ...
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Richard Enthoven
Richard Enthoven (1937 – 2 December 2022) was a South African billionaire businessman who was the owner of the casual dining chain Nando's, the Hollard Group of insurance companies, and Spier Wine Farm. Early life Richard Enthoven was the son of Robert Enthoven, a South African entrepreneur who "amassed an insurance fortune", with his company Robert Enthoven Insurance Brokers. Business interests The Enthoven family owns Nando's casual dining chain, Spier Wine Farm and the Hollard Group of insurance companies. The family has a material ownership stake in the Telesure Group. In March 2015, '' Bloomberg'' estimated his net worth at US$1.1 billion. Personal life and death Enthoven had three children; Robby, Adrian, and Mariota. Robby Enthoven heads the UK operations for Nando’s. Adrian Enthoven was educated at Oxford University and is now chairman of Hollard Group. Mariota Enthoven is married to Angus McIntosh and they run the Spier Biodynamic Farm. Enthoven had a colle ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ...
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Travel
Travel is the movement of people between distant geographical locations. Travel can be done by foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without luggage, and can be one way or round trip. Travel can also include relatively short stays between successive movements, as in the case of tourism. Etymology The origin of the word "travel" is most likely lost to history. The term "travel" may originate from the Old French word ''travail'', which means 'work'. According to the Merriam-Webster dictionary, the first known use of the word ''travel'' was in the 14th century. It also states that the word comes from Middle English , (which means to torment, labor, strive, journey) and earlier from Old French (which means to work strenuously, toil). In English, people still occasionally use the words , which means struggle. According to Simon Winchester in his book ''The Best Travelers' Tales (2004)'', the words ''travel'' and ''travail'' bot ...
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