Investment house buys more shares in Watchstone Group

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Investment management firm Beach Point Capital Management has taken its shareholding in Watchstone Group to more than 12% after buying 35,000 shares in the insurance technology firm.

Watchstone was known as Quindell before its rebrand a year ago.

Beach Point, Watchstone’s biggest shareholder, now owns 12.04% of the company, up from 11.96% before the transaction on 28 October.

Watchstone’s share price was 185.50p on 28 October, suggesting Beach Point has invested a further £64,925 in the insurance outsourcer.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.