SOURCE: Innovation Group

Innovation Group

May 05, 2011 13:59 ET

Clear Data Strategies Becomes Exclusive Reseller of Insurer Pyramid

New Agreement Extends and Builds on Existing Relationship to Support Increased Demand for Insurer Pyramid

FARMINGTON, CT--(Marketwire - May 5, 2011) - The Innovation Group plc (Innovation Group), a global provider of business process outsourcing and software solutions to the insurance, fleet, automotive and property industries, today announced that Clear Data Strategies (CDS) will be the exclusive reseller of Insurer Pyramid, a workers' compensation solution suite. This announcement extends the existing relationship and supports the increased demand for Insurer Pyramid, a key component in Innovation Group's Innovation Insurer software suite, in the workers' compensation segment of the insurance industry.

"We are pleased to extend our relationships with Clear Data Strategies and continue to leverage the company's workers' compensation expertise," said Euan King, CEO North America Insurer Software for Innovation Group. "With implementations of Insurer Pyramid soon to go live and increased demand for a new solution, we are confident that this partnership will bring the expertise, knowledge and specialty business capabilities needed in an increasingly complex business area."

Clear Data Strategies and Innovation Group entered into a partnership four years ago shortly after CDS was started by Bill Kuebler, the former founder of Pyramid Systems, which was acquired by Innovation Group in 2001. This expanded relationship builds on the extensive knowledge of Kuebler and his team, and the relationships they hold in the workers' compensation segment.

"Our partnership with Innovation Group has been very successful," said Bill Kuebler, CEO of Clear Data Strategies. "We are excited about the increased interest in Insurer Pyramid, and helping to bring it to a segment of the market which desperately needs a modern solution."

Insurer Pyramid is a feature-rich, end-to-end claim and policy solution that addresses the needs of workers' compensation and commercial lines insurance carriers. It is intuitive for business and technical users, optimizes processes, identifies and prevents fraud, delivers analytics to leverage across the organization and ensures consistent, exceptional customer service to the insured. Supported by a highly flexible workflow and rules-based engine, Insurer Pyramid enables insurers to effectively mitigate their overall risk exposure and maintain profitable growth.

About The Innovation Group plc:
The Innovation Group plc (LSE: TIG.L) is a global provider of business process outsourcing and software solutions to the insurance, fleet, automotive and property industries. Innovation Group provides contact centres, repair networks, process management, supply chain and technology operations and decision support analytics to support accident management, repair and estimation and claims management services. Innovation Group has over 800 global clients including AXA Insurance, RSA, Encompass, Esurance, Hertz, CNA, Main Street America Group, American Modern Insurance Group, LeasePlan, The Ford Motor Company, Aviva, Toyota and Zurich. The Group processes more than 4 million claims per year with 20 per cent direct claims cost saving achieved. Innovation Group's 2,300 people are located in the United Kingdom, Australia, Belgium, Canada, France, Germany, Japan, India, Pakistan, South Africa, Spain and United States. www.innovation-group.com

Contact Information

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    Jennifer Overhulse-King
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