The Innovation Group Strengths, Domain Expertise, and Key Differentiators
Globally, Innovation Group delivers comprehensive end-to-end claims handling solutions to leading insurers, brokers, MGAs, and self-insured entities across motor and property lines. They leverage a world-class supplier network, exceptional talent, and advanced technology platforms to cater to the needs of their clients and their customers effectively.
The Innovation Group Recent Developments
In July 2023, Innovation Group unveiled Hoot, its latest digital mobility service, which offers customers an advanced online platform for streamlined acquisition and management of service plans. The introduction of Hoot signifies a significant milestone in advancing its digital mobility service solution and expanding its market offerings.
In February 2021, Innovation Group partnered with eDriving, a provider of digital driver risk management programs, to manage the sale, distribution, and support of its MentorSM offering to Australian and New Zealand fleet owners and operators. The Mentor by eDrivingSM smartphone application helps at-work drivers understand their risky behaviors like Acceleration, Braking, Cornering, Speeding, and Phone Distraction, one of the biggest threats to road safety today. The app uses the telematics sensors in iOS and Android smartphones to collect and analyze data on the driving behaviors most predictive of risk.
The Innovation Group Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying The Innovation Group applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of The Innovation Group and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Innovation Gateway customers.
The Innovation Group Overview
Bembridge House 1300 Parkway Solent Business Park
Whiteley, x, PO15 7AE, United Kingdom
44 14 8989-8300
https://www.innovation.group/
Ownership: - x
Number of Employees: 2294
Functional Markets: ERP Services and Operations,
Key Verticals: Automotive, Life Insurance, P&C Insurance, Specialty Insurance, Professional Services, Transportation,
The Innovation Group Key Enterprise and Cloud Applications
Innovation Gateway
The Innovation Group Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
---|---|---|---|
Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
The Innovation Group Revenue Breakdown By Type, $M:
The Innovation Group Enterprise Applications Revenues By Functional Markets, $M:
The Innovation Group Enterprise Applications Revenues By Verticals, $M:
The Innovation Group Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
---|---|---|---|---|
Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
The Innovation Group Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
---|---|---|---|
Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
The Innovation Group Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified The Innovation Group Customers
No. of The Innovation Group Customers: 1200
No. of The Innovation Group Enterprise Applications Customers: 1200
No. of The Innovation Group Cloud Customers: 1200
No. of The Innovation Group Cloud Subscribers: x
Innovation Group serves a diverse client base of over 1,200 entities. Recent customers win includes Tier One, UPC Insurance, Calliden Group, Volvo, BT Group, American Farmers & Ranchers, Lloyds Banking Group, Toyota, Ford, Eduloan, Georgia Municipal Association, 3M, AAA Mid-Atlantic, AAA NCNU, Ace Secure Comp, ACSC (Automobile Club of Southern CA), Affirmative, Amcomp, AMIG (American Modern Insurance Group), AutoZone, Avis Budget, Aviva Canada, Inc., California Casualty, Canal, Chubb Insurance, CIRMA, CISGI-ASP/Cambridge, Commerce Insurance Co., ESIS, Esurance, Fireman's Fund, Gallagher Bassett Services, General Casualty, Georgia Municipal Association (GMA), Hanover Citizens, Hertz, Honda, Kemper, LeasePlan USA, Liberty RAM, Main Street America, McDonald's, Mountain West Farm Bureau, Nationwide Indemnity, Pronto Insurance, RSA (Royal and Sun Alliance Insurance Co. of Canada), RTW, Sentry, SUNZ, Waste Management, and numerous others.
The Innovation Group Market Opportunities, M&A and Geo Expansions
In October 2022, Innovation Group, a significant player in insurance and automotive solutions, announced its acquisition by Allianz X. This partnership aims to accelerate Innovation Group's growth while maintaining its independence, management team, and brand. Innovation Group's digital claims management platform, Gateway, will receive additional support for expansion. Allianz X, the digital investment arm of Allianz Group, sees Innovation Group as a future-ready business with immense potential for development.
The Innovation Group Risks and Challenges
In April 2023, Innovation Group named Cornel Storm as its Executive Technology. With over two decades of IT experience, Cornel brings valuable expertise in business strategy and software solutions to the organization. However, there are potential risks associated with his appointment. These include the possibility of his strategies not aligning with the company's objectives or failing to address the dynamic demands of the technology sector.
The Innovation Group Ecosystem, Partners, Resellers and SI
Innovation Group comprises a diverse network of stakeholders, including insurers, brokers, MGAs, self-insured entities, and strategic partners such as Oracle, Microsoft, IBM, Audatex, Symbility, EMC Document Sciences, Digisec, Second Chair, Cognizant, and OARBIC. This intricate network operates on a global scale, facilitating the seamless exchange of services, technology, and expertise to deliver comprehensive end-to-end claims handling solutions to clients worldwide.
The Innovation Group Cloud Infrastructure Insights
Subscribe to read more about:
- The Innovation Group Public Cloud and Infrastructure (IaaS)
- The Innovation Group Platform (PaaS)
- The Innovation Group Application Delivery
- The Innovation Group Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ