Innovation Group wins US contract

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 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.

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