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Innovation Property Formalizes Partnership with Paul Davis Restoration.

Leading national restoration vendor expands Innovation Property's Managed Property Network footprint and customer service capabilities

NEWTON, Mass. -- Innovation Property([R]), Innovation Group's fast-growing managed network of contractor and mitigation services for the Property and Casualty Insurance industry, announced that it has finalized an agreement for structural loss and mitigation services with Paul Davis Restoration. The formalized partnership expands Innovation Property's network to over 500 contracting companies nationwide.

"Paul Davis Restoration enjoys an outstanding reputation for quality and reliability and shares our commitment to pro-active client communication and cycle-time management," said Rob Hansen, vice president, Innovation Property. "By integrating our technology with PDR services, we can help insurance clients improve estimate accuracy and customer satisfaction with minimal IT investment or workflow changes."

Innovation Property allows its carrier clients to refocus on core functions while simultaneously improving policy-holder experience and reducing their risk of referral. The addition of the Paul Davis Restoration network is a key component to Innovation Property's goal of providing 'best-of-breed' network options, a critical component of which is the ability to choose services and providers within their region.

"Paul Davis Restoration is pleased to have our experienced network of insurance restoration professionals join the Innovation Property Network and look forward to offering our highly qualified, rigorously credentialed mitigation and structural repair specialists to their client base," said Art Dickerson, vice president of business development, Paul Davis Restoration. "We are excited about the opportunities that will arise from joining the Innovation Property Network."

About Paul Davis Restoration

Paul Davis has been a leader in residential and commercial loss mitigation, reconstruction, and restoration services since 1966. As a national full-service restoration expert, Paul Davis Restoration has 218 Paul Davis locations throughout North America. For more information about Paul Davis Restoration, call 904.737.2779 or visit the company's website at

About Innovation Group

Innovation Group (LSE:TIG) provides business process outsourcing services and software solutions to insurers and other risk carriers through its international network of offices. With more than 2,400 professionals working across the globe, the Group has an expansive portfolio of proven capabilities for handling the breadth of administrative processes.

Innovation Property is a network of carefully qualified restoration contractors and mitigation specialists, and is a wholly owned division of the Group. Utilizing the Group's sophisticated technology, Innovation Property rigorously manages the end-to-end property claims repair process to reduce both paid loss and cycle time, and seamlessly bridge communications between the contractor, the carrier and the customer.
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Publication:Business Wire
Date:Mar 23, 2009
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