North America

 

Future-Ready Insurers demand Innovation, Insight and Performance. 

Where Innovation Begins

"Innovation Group’s enhanced Innovation Insurer and new business model combines the capabilities of the company’s core software and BPO services. Companies that successfully deliver such broad solution sets drive more value to insurers, offer greater flexibility, and agility to change with shifting market conditions through best practices, a consortium of new ideas, market trends and capabilities, and a platform for continuous innovation and transformation.”

Craig Weber, senior vice president of the Celent

 

How do insurers evolve in the future and become truly “future-ready"?  By taking an aggressive transformation approach that replaces, modernizes and transforms business processes and aging legacy systems insurers can stay competitive and develop a roadmap supported by strategic partners for business process outsourcing, configurable market leading core insurance solutions leverage-able across different deployment models including on-premise, hosted, SaaS, Cloud and BPaaS.  And an insurance analytics platform that provides insights to manage the business.   

Success requires higher levels of innovation, insight and performance.  Good is no longer good enough.  Insurers must now move from good to great very quickly.  

Why should you partner with Innovation Group?

Innovation Group’s Insight on Insurance. 

  • Over 20 Years P&C Insurance Knowledge and Experience
  • Over 150 US Insurer Customers
  • Over 800 Insurer Customers Globally
  • Industry Leaders with 80% Top 20 Global Insurers
  • Insurance Claims Expertise Processing Over 6 Million Claims in 2012
  • Natural or Man-Made Catastrophe Experience
  • Business Insight from our vast Claims Business Services   

Innovation Group Delivers Innovation.

  • Insurance Vision of an End-to-End Optimized and Collaborative Value Chain
  • First in Industry Insurance Platform of Insurance-Specific Software and Services
  • Industry Innovator with New Solutions like Insurer Gateway and MyInsurer
  • Innovative Partnerships with Insurer Symbility and Insurer Rapid Assess
  • We Walk the Talk by Using Innovation Insurer in Our Operations
  • Product, service and business model innovation

Innovation Group Delivers Performance

  • Contributed to 50% growth
  • Improved customer retention by 2% and satisfaction by 10%
  • Increased productivity by 40% and staff reduction by 50%
  • Reduced claims leakage and cost by 10%
  • Market expansion and Greenfield expertise
  • Reduction in auto LAE and indemnity spend by 8 -10%
  • Reduction in property LAE up to 5o%
  • Increased recovery by 20%

Innovation Group is the strategic partner you need with a vision and roadmap that offers innovative, forward thinking solutions. 

Future-Ready Insurer Thought Leadership

Innovation Insurer - BPaaS Model Case Study

A New Normal Thought Leadership