Simply Business: Difference between revisions
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In January 2016 Simply Business announced Whizz-Kidz as their official UK charity partner with a £150,000 3 year fundraising goal.<ref>{{Cite web|url=https://www.simplybusiness.co.uk/about-us/press-releases/simply-business-names-whizz-kidz-as-official-charity-partner/|title=Whizz Kidz press release|last=|first=|date=|website=|access-date=}}</ref> |
In January 2016 Simply Business announced Whizz-Kidz as their official UK charity partner with a £150,000 3 year fundraising goal.<ref>{{Cite web|url=https://www.simplybusiness.co.uk/about-us/press-releases/simply-business-names-whizz-kidz-as-official-charity-partner/|title=Whizz Kidz press release|last=|first=|date=|website=|access-date=}}</ref> |
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Jason Stockwood, said: “We’re incredibly proud to announce our partnership with Whizz-Kidz. The work they do to provide young disabled people with the equipment necessary to provide not only comfort but also independence is so important. Over the next few years we’ll work with Whizz-Kidz in every way we can to hit our goal, and I know the entire Simply Business team is with me in saying we’re ready for the challenge, and excited to get plans underway. |
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[[File:Whizz-Kidz Charity Bike Ride 2016.jpg|thumb|Whizz-Kidz Charity Bike Ride 2016]] |
[[File:Whizz-Kidz Charity Bike Ride 2016.jpg|thumb|Whizz-Kidz Charity Bike Ride 2016]] |
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This fundraising milestone was reached 6 months early in July 2018.<ref>{{Cite web|url=https://www.instagram.com/p/Bk0CAwwjCSW/|title=Instagram photo link}}</ref> |
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Employees of Simply Business take part in year round fundraising efforts for Whizz-Kidz including 160 mile bike rides, 24 hour endurance races, internal events and the annual expedition which has seen teams trek across the Artic Circle, Sahara, French Alps and Costa Rica. |
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In June 2018 Simply Business employee James Gilmour, brother Fergus Gilmour and best friend Harry Fildes set a new [[Guinness World Records|Guinness World Record]] for the fastest time cycling on a triplet bike from Lands End to John O Groats in a time of 6 days 13.5 hours, raising over £5,000 for Whizz-Kidz in the process.<ref>{{Cite web|url=https://www.instagram.com/p/BrgKFY2g48Z/|title=Instagram photo link}}</ref> |
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In June 2017 Simply Business were [[B Corporation (certification)|B Corp]] accredited for maintaining the highest standards of social & environmental impact.<ref>{{Cite web|url=https://www.simplybusiness.co.uk/about-us/press-releases/simply-business-announce-b-corp-accreditation/|title=B Corp press release|last=|first=|date=|website=|access-date=}}</ref> |
In June 2017 Simply Business were [[B Corporation (certification)|B Corp]] accredited for maintaining the highest standards of social & environmental impact.<ref>{{Cite web|url=https://www.simplybusiness.co.uk/about-us/press-releases/simply-business-announce-b-corp-accreditation/|title=B Corp press release|last=|first=|date=|website=|access-date=}}</ref> |
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In the same month Simply Business became headline sponsors of The England Amputee Football Association.<ref>{{Cite web|url=http://www.theeafa.co.uk/|title=England Amputee Football Association Website}}</ref>[[File:England Amputee Football Association.jpg|thumb|The England Amputee Football Association]]In October 2018 an Internal Hackathon and 48 hour PR campaign led to national press attention<ref>{{Cite web|url=https://www.theguardian.com/football/2018/oct/17/england-amputee-football-world-cup-funding-fa-snub|title=Guardian article}}</ref> for the EAFA and the promise of additional funding from the [[The Football Association|Football Association]]. In 2018 over £55,000 was raised for the EAFA by Simply Business. |
In the same month Simply Business became headline sponsors of The England Amputee Football Association.<ref>{{Cite web|url=http://www.theeafa.co.uk/|title=England Amputee Football Association Website}}</ref>[[File:England Amputee Football Association.jpg|thumb|The England Amputee Football Association]]In October 2018 an Internal Hackathon and 48 hour PR campaign led to national press attention<ref>{{Cite web|url=https://www.theguardian.com/football/2018/oct/17/england-amputee-football-world-cup-funding-fa-snub|title=Guardian article}}</ref> for the EAFA and the promise of additional funding from the [[The Football Association|Football Association]]. In 2018 over £55,000 was raised for the EAFA by Simply Business. |
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A statement from the FA added: “The FA has invested more than £10m since 1999 to support elite disability squads and help achieve success at World Cups and European Championships. |
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“There exists a robust and transparent selection process against this significant investment to ensure informed decisions are made by The FA as to which specific disabilities can best deliver the development of a consistent talent pathway and greater participation at grassroots. |
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“Amputee football now meets the criteria and we will be furthering our work with this disability group at the elite end as we do with the grassroots.” |
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== Technology == |
== Technology == |
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Revision as of 00:58, 2 February 2020
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| File:Simply Business 2017 Logo.png | |
| Company type | Private |
|---|---|
| Industry | Insurance |
| Founded | 2005 |
| Headquarters | London, United Kingdom |
Key people | David Summers (Group CEO)
Jason Stockwood (Vice Chairman) Bill Pena (USA CEO) Fiona McSwein (COS) Alan Thomas (CCO) Lukas Oberhuber (CTO) |
| Products | Business insurance, Shop insurance and Landlord insurance |
| Revenue | £57 million (2017) |
Number of employees | 500 |
| Website | www.simplybusiness.co.uk www.simplybusiness.com |
Simply Business - the trading name of Xbridge Ltd - is an online broker of business insurance with over 600,000 customers. The company has been featured in the Sunday Times Tech Track 100 four times and in 2015 and 2016 won The Sunday Times 100 Best Companies to Work For.
In March 2017 it was announced that The Travelers Companies led by Alan Schnitzer agreed to acquire Simply Business from Aquiline Capital Partners LLC for an enterprise value of approximately $490 million with a successful completion of the deal made in August 2017.[1]
History
Xbridge was founded in 2000 by Brad Liebmann, Ralph Arnold, Deno Fischer and Jim Nelson, who provided £1 million in seed capital. In 2005 the company chose to specialise in small business insurance, launching an online quote comparison service.
In July 2013 it was announced that the company had completed a management buy-out backed by the private equity firm AnaCap Financial Partners LLP.[8]
Products
The company provides insurance to the self employed, small businesses and landlords. Products include public liability insurance, professional indemnity insurance, employers' liability insurance and landlords insurance.
The insurers on the panel include Ageas, AIG, Arag, AXA, Churchill, Covea, Hiscox and Zurich.
Simply Business established its own managing general agent brands Finsbury, Maltings and Chiswell Insurance, which are underwritten by AXA and Great Lakes, a subsidiary of Munich Re
Charity
In January 2016 Simply Business announced Whizz-Kidz as their official UK charity partner with a £150,000 3 year fundraising goal.[2]
This fundraising milestone was reached 6 months early in July 2018.[3]
In June 2017 Simply Business were B Corp accredited for maintaining the highest standards of social & environmental impact.[4]
In the same month Simply Business became headline sponsors of The England Amputee Football Association.[5]
In October 2018 an Internal Hackathon and 48 hour PR campaign led to national press attention[6] for the EAFA and the promise of additional funding from the Football Association. In 2018 over £55,000 was raised for the EAFA by Simply Business.
Technology
Simply Business featured in the Sunday Times Tech Track 100 in 2008, 2009, 2010 and 2011 and has won numerous awards for their pioneering use of data and technology.[7] Simply Business hosts a thriving tech culture with weekly Show & Tell, Level Up and speaker sessions.
As of 2019 the Simply Business tech team are gearing up for a huge expansion and recruiting for numerous roles in the UK and USA.[1]
The Group Technology Officer for Simply Business is Lukas Oberhuber who was nominated for Tech Champion 2018 at the Insurance Times Tech & Innovation Awards 2018.[8]
The annual Hackathon has become a huge event for the company with teams from across the business getting together for 3 days to compete against each-other for the best project or build within the timeframe. The winner of the 2018 Hackathon was team Lifecard, a build for a NFC donation card to help homeless people.
In the 2017 purchase of Simply Business - Alan Schnitzer chairman and chief executive officer of The Travelers Companies.[1] said, “technology is driving significant change in our industry, and the knowledge, capabilities and talent that Simply Business has developed over more than a decade will contribute meaningfully to advancing our digital and innovation agendas to best serve our customers and the marketplace.”
Culture
Simply Business won the Sunday Times Best Company To Work For 2015 & 2016 and maintains an outstanding people culture.
Examples of employee benefits include: Life assurance, equal pay, support for working parents, employer-matched pension, private medical insurance, cycle to work scheme, gym membership and dental insurance.
Simply Business host an annual company holiday and awards ceremony in which all employees are taken on vacation, in 2016 Brussels, 2017 Berlin, 2018 Barcelona.
In November 2016 Simply Business signed the Women In Finance Charter and a commitment to a key series of measures to show positive change.[9]
In March 2018 Simply Business hosted an evening with The Financial Times in London for networking and a series of panel discussions.
Simply Business host various internal events throughout the year including: Bring Your Child To Work Day, Wellbeing Week, Values Day, #SBWALLS art project, B Corp Month, Technology Hackathons, Company Awards and Christmas Children's Grotto.
In 2018 Simply Business was featured as a case study by Google in the #IamRemarkable program for empowering women and underrepresented groups to celebrate their achievements in the workplace and beyond.
Awards
- Simply Business featured in the Sunday Times Tech Track 100 in 2008, 2009, 2010 and 2011.[7]
References
- ^ a b "Travelers Completes Acquisition of UK-Based Simply Business". Retrieved 2017-08-09.
- ^ "Whizz Kidz press release".
- ^ "Instagram photo link".
- ^ "B Corp press release".
- ^ "England Amputee Football Association Website".
- ^ "Guardian article".
- ^ a b "Sunday Times Tech Track". Fast Track. Retrieved 2012-09-17.
- ^ "Lukas Linkedin".
- ^ "women in finance page".