Newton, Mass.-based Innovation Group said yesterday that shareholders have approved the $1.25 million acquisition of the UK accident management firm Nobilas.
Innovation, which provides outsourcing services and software solutions to more than 300 insurers and other risk carriers, also announced the launch of Innovation Auto, a North American division providing a suite of fully integrated Auto Physical Damage solutions.
Innovation's purchase offer for Nobilas, based at Henley-On-Thames, was announced in October. Nobilas provides outsourcing services and accident management including first notice of loss call centers, repair management, loss assessment, working capital management, uninsured loss recovery, supplier network management and management information.
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