• Innovation Group agree to Carlyle takeover

    • 1 September 2015
    • Posted by: Simon Wait
    • Category: News
    Insurance software provider The Innovation Group PLC has agreed to a £499m takeover bid from private equity firm Carlyle Group Under the agreement, the London-listed company will receive 40p per share in cash, which represents a 135% premium to Innovation's closing price on Thursday It has been agreed after the [...]
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  • Innovation Group confirms Carlyle Group takeover talks

    • 28 August 2015
    • Posted by: Simon Wait
    • Category: News
    Insurance software provider The Innovation Group PLC has confirmed advanced talks with private equity firm Carlyle Group over a potential offer valuing it at 40 pence per share The company provides motor and property claims process services, enabled by specialist software technology that it also sells on a [...]
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  • UK insurers urged to exploit digital

    • 8 July 2015
    • Posted by: Simon Wait
    • Category: News
    Only those insurers who are agile and flexible enough to reshape their business to suit the digital and economic challenges will succeed, according to Innovation Group’s ‘The Future Now Report - All change for the UK motor insurance industry’, which was published today Four significant shifts - regulation, [...]
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  • Innovation wins European motor contract

    • 1 April 2015
    • Posted by: Alan Feldberg
    • Category: News
    The Innovation Group has announced that it has secured a new client win with a tier one European motor brand This contract is the first of a number of expected software contracts over the coming quarter It commences with immediate effect, and is valued at £36m with £25m being recognised over the next 12 months [...]
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