The Innovation Group (TIG) has agreed in principle to acquire Huon Holdings, a leading computer software supplier to the insurance industry, for an undisclosed sum.
The acquisition is subject to several factors, including the satisfactory completion of a due diligence exercise and the approval of shareholders.
TIG or Huon will pay a £4m fee to the other party if the sale is not completed.
Huon's main product is an internet-ready, end-to-end information management system with components for client management, rating, policy administration, billing, claims administration and agency management.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
