The Innovation Group, which provides business services and software solutions to the insurance, fleet, automotive and property industries, has scored a new US contract for its Insurer Claims and Insurer Analytics software.
The deal was signed with a tier two insurer and is worth around £2.75m ($4.4m), of which £2.0m ($3.2m) will be recognised as licence and implementation revenue in the current 2013 financial year with the remaining sum attributable to a five year maintenance contract.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Andy Roberts, Chief Executive Officer of The Innovation Group, said: "I am extremely pleased to welcome this business to our customer base in the US. This customer is an innovative US insurer and we're proud to be working with such a dynamic team. Today's agreement further underpins the robust, flexible, and end-to-end claims management capabilities of our Insurer Suite."
NR
-
Review: Rosi at the BeaumontProper pork pie is just one of many nods to the past at this playful, inviting Mayfair eatery, says Dan McEvoy
-
Lioness legend Jill Scott: “I want to be a role model to get women into investing”Lioness Jill Scott says she wants to be a role model for women to start investing, in the same way she inspired girls to play football. She also questions why topics like investing, tax and mortgages aren’t taught in schools
