Innovation Group wins £14m deal

The Innovation Group yesterday unveiled three new major contract wins in the US market for its insurance software. The contracts have a combined worth of £14m over the next five years. “I am extremely pleased to announce a number of new contracts and a renewal, which evidence our continued momentum and growth in the US market,” said chief executive Andy Roberts. Innovation Group’s share price rose 2.3 per cent on the news to close at 32.7p per share.