Now in its 14th year, the prestigious league table ranks Britain’s top-performing private mid-market growth companies by sales. The year’s 250 companies have generated combined sales of £66.7bn, up 18% from £56.7bn in the prior year. The companies had combined profits of £6.4bn, up 27% from £5bn, and almost two thirds (152) of the companies increased their profit margin.
The 2018 league table is aimed at identifying mid-market growth companies that have expanded by managing risk, choosing the right strategic options and that make a clear contribution to the communities in which they are based.
Making its Top Track 250 debut, Innovation Group was listed as one of four representatives of the insurance industry.
Tim Griffiths, Group CEO of Innovation Group, said: “Innovation Group’s ranking in the Top Track 250 illustrates the continued development of our business on a global scale. We work with many leading international brands in the insurance and automotive sectors and they’re clear that they need us to deliver to their customers wherever they might be in the world. Our breadth of capability and geographic reach gives us a unique appeal to clients and we’re grateful for their support in helping us to reach this important milestone.”
Innovation Group is pleased to announce the appointment of Drew Schnehage as Managing Director, Australia.
Drew, who has close to 30 years’ experience in the financial services industry, has been interim Managing Director since January 2019. She joins the team from Innovation Group South Africa where she headed up the commercial division in 2017. Prior to that, Drew was the CEO of Aquarius Underwriting Managers, a specialist UMA and multiple industry award recipient. Following on an acquisition by Hollard in 2014, Drew took on the responsibility of General Manager for personal lines and distribution.
Congratulating Drew on her appointment, Andries Van Staden, Group Chief Operating Officer, said: “We are delighted to announce Drew’s appointment within Innovation Group. Drew is a trusted and respected industry leader, and her proven track record and extensive experience will be invaluable in leading and supporting our Australian business”.
Drew commented: “I am thrilled to be joining the team in Australia and I can’t wait to be part of the growth journey ahead. I am excited by the opportunity to lead the business into its next phase of transformation and I look forward to continuing the great work already established by the team.”
Drew will be relocating to Melbourne, Australia with her family in June 2019.
The Fleetcoach programme has won a highly commended award at the 2018 Australasian Fleet Safety Awards, held in New Zealand last week. The company was presented with the Fleet Safety Product Award which recognises products that does the most to improve fleet safety through innovation.
Tony Brand, Head of Client Development at Innovation Group, said: “This is a well–deserved win for Fleetcoach, who are a key partner in our established online driver coaching programme. They consistently demonstrate that they are at the forefront of road safety innovation and we commend them for all the work they have done in building a positive road safety culture.”
The Fleet Safety Awards is run by Brake, a national road safety charity that works to prevent road deaths and injuries and support people bereaved and injured in crashes across New Zealand.
You can find out more about Brake here, as well as road safety advice for drivers, families, teachers and road safety professionals; information on Road Safety Week; support for road crash victims; and ideas for supporting Brake.
