Last 27.50 GBp
Change Today +0.75 / 2.80%
Volume 689.3K
TIG On Other Exchanges
As of 11:35 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

innovation group plc (TIG) Snapshot

26.75 GBp
Previous Close
26.75 GBp
Day High
27.50 GBp
Day Low
26.75 GBp
52 Week High
03/5/14 - 36.75 GBp
52 Week Low
09/18/14 - 25.75 GBp
Market Cap
Average Volume 10 Days
0.0075 GBp
Shares Outstanding
0.11 GBp
Dividend Yield
Current Stock Chart for INNOVATION GROUP PLC (TIG)

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innovation group plc (TIG) Details

The Innovation Group plc provides business process services, and software solutions to the insurance, fleet, automotive, and property industries. The company offers business process outsourcing solutions in the areas of policy management, warranty management, fleet management, risk and fraud management, property and subsidence management, first notice of loss, claims management, incident management, and repair and supply chain network management, as well as subrogation, recovery, and salvage. Its software solutions comprise Insurer policy, a policy management solution; Insurer Claims, a claims management solution; Insurer Analytics, a business intelligence platform; Insurer Pyramid, a specialist workers’ compensation policy and claims solution; Innovation Symbility, a wireless property claims handling solution; and Innovation Conversion, a data migration solution. The company has operations in the United Kingdom, Germany, France, Spain, Benelux, South Africa, the United States, Canada, Australia, India, Pakistan, and Japan. The Innovation Group plc was incorporated in 1996 and is headquartered in Whiteley, the United Kingdom.

Founded in 1996

innovation group plc (TIG) Top Compensated Officers

Group Chief Executive Officer and Director
Total Annual Compensation: 401.0K GBP
Group Finance Director and Director
Total Annual Compensation: 244.0K GBP
Compensation as of Fiscal Year 2013.

innovation group plc (TIG) Key Developments

Innovation Group Chooses Caerphilly for New Divisional HQ Creating Nearly 80 Jobs

The Innovation Group is to establish a new division which will be headquartered in Caerphilly creating nearly eighty new jobs. The £1.6 million investment over two years is supported by £995,000 business finance from the Welsh Government which ensured the project was secured for Wales. The new division, Innovation Group Underground Services, will specialize in managing insurance claims for damage to property caused by drainage and subsidence problems. It will offer a total service from handling claims to repairing damage. The 77 new jobs, to be created over the next two years, will be a mix of managerial, supervisory and professional roles. The new division will offer a pan UK service and specialize in Underground Services dealing with all subsidence related drainage work and accidental damage to drainage.

South African Subsidiary of Motor Manufacturers Renews Contract with Innovation Group plc Until 2017

The Innovation Group plc announced that the South African subsidiary of motor manufacturers has renewed its contract with the Group until 2017. The contract will provide Innovation Group with estimated revenues in excess of £10 million over the period. It will see Innovation Group continuing to provide management services for the manufacturer including warranties, service and maintenance plans as well as the distribution and management of extended warranties and service plans. The Group's division is responsible for managing similar services for over one million cars on South Africa's roads.

Wolverine Mutual Insurance Company Selects Innovation Group's Innovation Insurer Suite

Innovation Group announced Wolverine Mutual Insurance Company (Wolverine) selected the Innovation Insurer suite using Innovation Group's SaaS model as part of a company-wide business transformation initiative. Innovation Group's commitment to a product portfolio that delivers distinctive capabilities within a cohesive, comprehensive and configurable platform to enable insurers of all sizes to unleash new ideas, break legacy paradigms and embrace change is highlighted by the company's SaaS offering.


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