CIX 0.00% 47.0¢ calliden group limited

CIX has purchased Insurance Claims Solutions. This company was...

  1. 387 Posts.
    CIX has purchased Insurance Claims Solutions.

    This company was owned by Collection House previously and according to their latest annual report ICS was contributing greater than $1 million in profit per annum.

    Extract below:

    Insurance Claims Solutions (ICS) has turned a
    $0.4m loss last year into a profit in excess of $1m
    this year. In addition to this ICS has signed a 3
    year contract with their major client that will
    provide continuity for the foreseeable future.
 
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Currently unlisted public company.

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