Innovation foresees tremendous growth potential
Innovation Group North America has promoted Pete Douglas to president of Innovation Group’s Auto Division in a bid to realise ‘tremendous growth potential’.
In what Craig Hamway, CEO of Innovation Group North America called an ‘exciting’ development for the business, Pete Douglas has been tasked with elevating the auto services product line to better answer the needs of today’s evolving marketplace. The end result will be a new strategic plan for the organisation.
Pete Douglas said, ‘I foresee tremendous growth potential for this division as we launch new, innovative products that respond to the changing needs of property/casualty insurers and today’s consumers.
‘Yesterday’s solutions are simply not enough for today’s insurers to meet their customers’ evolving expectations,’ explained Douglas. ‘We’re redoubling our efforts to make sure that our clients stay out in front of that demand curve.’
Innovation Group is a global provider of insurance software solutions and business process services. With revenues of £204.4m (US$332m) in 2013, Innovation Group employs more than 2,800 people across North America, Europe, Asia Pacific and South Africa and works with 15 of the top 20 global insurance markets, 16 of the top 20 global insurance companies and 3 of the world’s top 5 fleet and lease management companies.