FARMINGTON, CT -- (Marketwire) -- 04/19/12 -- 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, welcomes Lewis Miller to the company as the chief financial officer (CFO) for Innovation Group's North America business.
"Lewis's extensive financial experience working with publicly-traded companies along with firsthand knowledge of the evolving role of the CFO in modern businesses will further strengthen Innovation Group and help guide our growth in the insurance technology arena, assess new pricing and delivery models and grow our financial results," said Euan King, CEO North America Software. .
"There is strong demand for Innovation Group solutions in the insurance marketplace right now and Lewis' perspective on ways to get more mileage for our investment dollars and how to maximize R&D budget money is very important to our continued success and that of Innovation Group's BPO customers in particular," said Bill Langley, CEO North America BPO for Innovation Group.
Miller joins Innovation Group from Ernst & Young (E&Y) in the UK where he worked for the past twelve years, most recently as an audit director in the assurance practice. During this time he headed audit teams for a wide range of publicly-traded client companies. In fact, Innovation Group was one of the clients with which Miller worked closely during the past six years, providing an extensive understanding of Innovation Group's business globally. Miller was a member of the E&Y due diligence team when Innovation Group acquired First Notice Systems (IFN) in late 2006.
"I am excited to be a part of this motivated team and to bring my experience and unique insights working with so many growing companies to Innovation Group's North America business," said Miller. "The North America market presents so many opportunities to leverage an impressive solution portfolio with Innovation Insurer and Innovation Insurance Services to help insurers break legacy paradigms and create the 'next gen' insurance operation."
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