The Innovation Group (TiG) has announced a pretax loss of £1.6m for the three months ending 31 December 2003, compared with losses of £3.8m for the same period in 2002.
TiG said the first quarter loss included amortisation charges of £3.5m and profit on disposal of an associate of £0.6m.
The unaudited accounts revealed that TiG's total revenue for the quarter was £13.8m, compared with £15.8m for the same period in 2002.
Specialised business process outsourcing revenue was £6.4m and TiG's technology solutions division had revenue of £7.4m.
TiG chief executive Hassan Sadiq said the outlook for 2004 was cautiously optimistic.
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.
