Insurance software firm The Innovation Group (TIG) has posted year-end profits of £17.6m, more than four times last year's figure of £3.6m.

The company, which provides claims processing management systems to companies such as CGNU and IBM, said it had not seen any reduction in client investment since last month's US attacks.

The group has also announced it hastaken an 18% stake in company Glassplus, set up as an online marketplace for the vehicle glass repair and replacement industry.

TIG is currently valued at £430m.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.