SOURCE: Innovation Group

Innovation Group

February 28, 2012 11:15 ET

Terry Schwarting Joins Innovation Group's North America Software Team as VP of Sales

Strong Market Demand for Innovation Insurer Demands New Sales Leadership

FARMINGTON, CT--(Marketwire - Feb 28, 2012) - The Innovation Group plc ("Innovation Group" or "The Group"), a global provider of business process outsourcing (BPO) and software solutions to the insurance, fleet, automotive and property industries, is pleased to announce the appointment of Terry Schwarting to the position of vice president of sales for Innovation Group's software business in North America.

"Terry's extensive, successful experience in the P&C insurance industry with core insurance software strengthens our sales capabilities considerably, and will ultimately help us meet the strong demand for Innovation Insurer in North America, thereby helping to grow our customer base and market leadership," said Euan King, CEO North America Software for Innovation Group. "In particular, Terry's in-depth understanding of policy management further strengthens our sales team to respond to the strong market interest in Insurer Policy."

Schwarting brings over 20 years of successful experience in sales, marketing and account management, helping business executives assess technology capabilities and the business impact to organizations, and providing a bridge of communication between IT and business. Most recently, Schwarting worked with Ebix as a director of sales for P&C. Prior to Ebix, he worked for Decision Research Corporation (DRC), Vertafore and ChoicePoint.

"My experience with various segments of the insurance industry gives me unique insights into the power and value of strong core insurance solutions, particularly as it applies to policy solutions meeting the demands of insurers, agents and customers alike," said Schwarting. "I am excited to be part of the Innovation Group team and look forward to working together to bring an impressive solution like Innovation Insurer to market to help insurers prepare for the next generation of operations."

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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    Innovation Group
    Jennifer Overhulse-King
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