Press/Analyst Contacts

Innovation First Notice Recognized as a Category Leader in New Celent Study

Named as a leading provider in Focused Claims Solution category

Newton, MA — June 14, 2007 — Innovation First Notice (First Notice), the industry leader in claim reporting solutions for the insurance industry, today announced that it has been recognized in the latest edition of Celent’s 2005-2006 Software Deal Trends report. Research and advisory firm Celent, LLC, has named Innovation First Notice as a leading provider in the Focused Claims Solution category, based on the number of deals the company inked in 2005 and 2006.

“The leading providers named in the report are active in the insurance vertical,” said Craig Weber, Celent senior analyst and author of the report. “That gives them excellent insights into the unique needs of insurance carriers.”

Will Fulton, President of Innovation First Notice, commented, “We are pleased to be cited by Celent for our accomplishments. Given our focus on providing the highest quality claim reporting services and software, it is very gratifying to be recognized as a market leader. Our success is a reflection of the dedication of the First Notice staff as well as the ongoing support and commitment from our client family.”

The fourth annual version of Celent’s Insurance Software Deal Trends reports analyze over 1,400 deals that were inked by insurance carriers in 2005 and 2006. They provide readers with a snapshot of leading software vendors in the insurance vertical and insights into functions that carriers are targeting for investment. For more information, visit www.celent.com.

About Innovation First Notice

Innovation Group (LSE:TIG) provides technology-enabled outsourcing services and software solutions to more than 200 insurers and other risk carriers through its international network of offices. Our team consists of insurance, business and technology industry experts who have designed and delivered proven business process solutions for organisations across the world. With more than 2,000 professionals, we have built Innovation Group’s pioneering reputation on the delivery of modern, innovative business process solutions that deliver cost savings, profit impact and key customer service benefits. Innovation Group technology solutions are installed in 11 countries worldwide, and used by more than 25,000 people processing more than 20 million policies and millions of claims annually. For more information visit us at www.innovation-group.com.

With over 90 national clients now utilizing Innovation First Notice’s claims reporting services and software products, Innovation First Notice successfully connects insurance carriers, third-party administrators and self-insureds with their customers through a combination of call center outsourcing services and rules-based Web technology. Headquartered in Newton, MA, Innovation First Notice, Inc. is a wholly owned subsidiary of Innovation Group.