The Innovation Group North America (IG) has announced a collaboration with Crash Champions. Innovation Group’s advanced technology and Crash Champions’ operational expertise will drive significant advancements in the industry, while further enhancing processes, turnaround times, and the exceptional service customers have come to know from Crash Champions. “Innovation Group welcomes Crash Champions to our network,” […]
Allianz X Completes Innovation Group Acquisition
The Innovation Group announced today that its acquisition by Allianz X that was announced last October has been completed. The Innovation Group provides operational support and expert services to the world’s leading insurers, fleet managers and automotive manufacturers, with over 1,200 clients across Australia, Germany, Poland, South Africa, Spain, the UK, and the USA. Allianz […]
Innovation Group Acquired by Allianz X
Partnership between insurer’s digital investment arm and the claims management platform will support Innovation Group’s growth plans as an independent business under its existing management team. Innovation Group, a global provider of claims and technology solutions to the insurance and automotive industries, yesterday announced that Allianz X has entered into binding agreements with the shareholders […]
Innovation Group Acquires TCS Claims in UK
The Innovation Group (IG) announced that its UK business is acquiring TCS Claims (TCS) from Endsleigh Insurance Services Ltd, and starting a strategic relationship with Endsleigh for the provision of claims handling services. TCS was established by Endsleigh in 1999. The business provides a full-service claims handling capability to a number of insurers, brokers, MGAs […]
Innovation Group Rebrands Software Business Following Carlyle Acquisition
The Innovation Group rebranding its software business to 1insurer The Innovation Group announced the completion of the company’s acquisition by The Carlyle Group and rebranding of its software business as 1insurer. “The acquisition of Innovation Group by Carlyle, and the rebranding for 1insurer, are efforts that truly go hand-in-hand,” said Paul Nichols, CEO, 1insurer. “With […]
I-CAR Commends Innovation Group for Gold Class Recommendation
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced that the Innovation Group, a global provider of insurance software solutions and business process services, is encouraging all of its network repair shops to achieve I-CAR’s Gold Class designation. “I-CAR applauds Innovation Group for encouraging its shops to achieve Gold Class, and recognizing the value of […]
Carlyle Group Completes Acquisition of Innovation Group
The Carlyle Group (NASDAQ: CG) last week announced the successful acquisition of Innovation Group (LON: TIG) for £500 million ($689 million). Originally announced in September, capital for the acquistion came from Carlyle Europe Partners IV (CEP IV), a European-focused upper-mid market buyout fund. Further terms of the transaction were not disclosed. Founded in 1996 and […]
Innovation Group North America Appoints New President of Auto Division
Innovation Group North America, the provider of insurance software solutions and business process services, announced the promotion of Pete Douglas to President of Innovation Group’s Auto Division. Most recently Vice President of Account Management and Strategy at Innovation Group, Douglas has also served as Vice President and Enterprise Sales Leader at Enservio and in various […]