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South Africa: South African Phone Insurance Company signs Innovation Group |
Source: |
Google Alert |
Source Date: |
Wednesday, November 06, 2013 |
Focus: |
ICT for MDGs
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Country: |
South Africa |
Created: |
Nov 06, 2013 |
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Andy Roberts, chief executive officer of Innovation Group, said: "By building books of business through a database of customers who are existing vehicle owners, we are not reliant on consumers making new purchases.
"This creates a wealth of opportunities for us. We look forward to the continued growth of our South African business."
Innovation Group will generate revenue on a transactional basis at 24.5 per cent of the gross premium received, spread over the life of the warranty.
The company provides software to the insurance, fleet, automotive and property industries.
Fonesure offers insurance, warranties and contract extensions to mobile phone users in South Africa.
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South Africa: South African Phone Insurance Company signs Innovation Group Business services provider The Innovation Group has signed a contract with South African mobile phone insurance company Fonesure The contract will run for an initial period of two years Fareham-based Innovation Group will provide telesales staff and infrastructure underwriting management policy administration premium collection and claims handling to Fonesure under terms of the agreement
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