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Innovation Group secures £46m software deal

17 June 2015 07:19

The Innovation Group has won a new software client win with a Tier One UK Insurer. The contract has an initial term of 10 years and will deliver £46m revenue with £12m recognised over the next 12 months.

The client will adopt Innovation Group's rich suite of products including Insurer Policy, Insurer Claims and Insurer Analytics along with a self-service portal.

The complete eco-platform solution, including the Insurer suite and several of the client's systems, will be hosted for the duration of the contract in Innovation Group's data centres.

This contract is the third new business win in the UK this year. This is a major transformation project and has been won through its strategic partner, a global services and technology company, which is contracted as the overall systems integrator.

Story provided by StockMarketWire.com

Related Company: TIG

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