EFMA−ACCENTURE INNOVATION IN INSURANCE AWARDS
PUTTING YOUR INNOVATION
IN THE SPOTLIGHT
The Efma−Accenture Innovation in Insurance Awards celebrate the very best new ideas that are transforming our industry. Your ideas, put into action and delivering results. Submit your entry today, share your idea, and get the credit it deserves from your colleagues and peers.
WHAT ARE THE INNOVATION AWARDS
The Efma-Accenture Innovation in Insurance Awards have served as a catalyst for innovation in the insurance sector and have helped insurers develop better disruptive strategies.
This global competition is a showcase of the most exciting and effective innovations that are taking advantage of emerging technologies and responding to the disruption and opportunities in insurance.
8 AWARD CATEGORIES
− Artificial Intelligence
− Best Disruptive Product or Service
− Claims Management
− Connected Insurance and Ecosystems
− Customer Experience and Engagement
− Global Innovator
− Insurtech
− Underwriting
A rigorous, independent judging and voting process ensures the credibility of the awards.
The awards ceremony is recognized as the premier annual gathering of insurance innovators and their ideas worldwide
what are the benefits of participating?
The Efma-Accenture Innovation in Insurance Awards offer benefits for entrants, winners and the industry as a whole.
- Help promote a culture of innovation in insurance
- Achieve the recognition of your colleagues
- Be acknowledged by your industry peers
- Gain public acclaim for your organization as an innovation leader
- Network with other executives who are driving innovation
- Benchmark your innovation against those of other insurers
- Be inspired by the creativity and boldness of your peers
how can you submit your innovation?
The Efma-Accenture Innovation in Insurance Awards offer benefits for entrants, winners and the industry as a whole.
- If you don’t already have an Efma account, register free of charge here
- If you do have an account, log in and submit your entry
- You can submit any number of entries. Note, to qualify for the Global Innovator category, insurers need to submit at least three innovations in the other seven categories. The winner is then selected by a dedicated jury of insurance professionals.
- Your innovation must have been launched after 1 January 2017, and must be in at least the pilot phase.
- Insurtechs can compete in all categories, but will be separately recognised from insurers.
- Visit the Innovation Showcase to see previous submissions
- Deadline for entries: March 2019
- There is no charge to enter
- Contact Efma or Accenture with any queries
innovation of the month: March 2018
Click on the image to access the innovation:
237
Institutions
45
Countries
320
Innovations
SUBMISSIONS PROCESS
How to enter the awards and key milestone dates.
The Efma–Accenture Innovation in Insurance Awards was launched in 2016 to identify and award the most innovative projects in the insurance sector. The awards also aim to highlight and share worldwide best practices that will help accelerate the transformation of insurance as we know it for the better.
In 2018, the awards attracted 320 entries from nearly 237 institutions in 45 countries. The 2019 edition is now open for entries until March 2019. Get a head start and submit your most innovative projects now. You can also start the submission process and finish it later.
For the seven abovementioned categories, Efma members and non-members vote online prior to the awards ceremony, as well as an Awards Jury comprising senior insurance executives from across the world.
All voters will be requested to rank the innovations on a podium (Winner, Silver, Bronze), via our dedicated voting web page.
The votes of jury members will count for 50% of the final scores, while the remaining 50% will be decided by online voters/visitors (40% for Efma Members and 10% for non-members)
For the Best Disruptive Product or Service Award, online voters and jury members will shortlist six innovations out of the nine nominated ones, and the six selected innovators will come on stage to pitch their innovations in front of the audience. After the live pitches, there will be an interactive vote and the winner in the category will be announced on stage.
For the Global Innovator Award, the Awards Jury will select the winner from the fifteen nominees identified by the Awards Committee.
The best innovation in each of the seven standard categories will be recognized at a dedicated awards ceremony.
The Innovation Award Committee will also further recognize one insurance player as a ‘Global Innovator’.
Winners will have the opportunity to present on their innovation journey, reflect on their experiences and share the key success factors in the design, development and operational phases of their innovation.
The ceremony is free of charge, but reserved to financial institutions. Places are limited so book your seat now!
Winners will be unveiled right after the Awards Ceremony, on 13 June 2018.
The Award categories
Find out more about the award categories in 2018.
AWARD CATEGORIES
445
innovations submitted
since 2016
19
senior insurance leaders acted as judges
in 2017
3300
online votes received
since 2016
292
institutions have participated
since 2016
Judging & Voting process
A rigorous and independent process ensures the credibility of the awards.
The Efma–Accenture Innovation in Insurance Awards aims to appraise and recognize the most innovative projects, initiatives and ideas in insurance globally. Winners are awarded by their peers, with a rigorous, independent process ensuring the credibility of the awards.
Nine innovations will be shortlisted by the Awards Committee for each of the award categories. The committee will comprise industry experts. In addition, fifteen applications will be shortlisted for the special Global Innovator category.
For all but the Global Innovator category, Efma members and non-members will vote online between 30 April and 11 May, using our dedicated web page to select the top three entries. This will make up 50% of the final scores (40% from Efma members and 10% from non-members). The remaining 50% will come from the votes of an Awards Jury, which comprises senior insurance executives from across the world.
For the Best Disruptive Product or Service category, online voters and jury members will shortlist six innovations out of the nine nominated ones. The six shortlisted innovators will present their innovations to the audience at the awards ceremony. The audience will then cast their votes and the winner will be announced on-stage.
For the Global Innovator category, the Awards Jury will select the winner from the fifteen nominees identified by the Awards Committee.
Entries are evaluated on a scale of 1 to 10, taking the following three criteria into account:
- Originality: the uniqueness of the idea in the marketplace and its potential as a game-changer.
- Impact: the innovation’s capacity to generate a superior, long-term competitive edge and a significant return on investment.
- Universality: the innovation’s adaptability across different markets and countries.
Sílvia Cunill Calvet
Innovation, Marketing and New Channels Division Director Crèdit Andorrà Financial Group - Andorra
Sandra León
Head of Innovation and Digital Pacífico Seguros - Peru
Frank Cooler
Founder & Navigator Intrasurance - Netherlands
Nils Reich
Global Head of P&C Retail AXA - France
Geert De Kegel
Executive Director and member of MB, COO DZI - State Insurance - Bulgaria
Jane Tutoki
Vice Chair Sedgwick
Bruce Adrain
Head of Business Enablement Liberty Group - South Africa
Michele Andrade
Product Managerr Bradesco Seguros - Brazil
Murat Atalay
Deputy CEO - Chief Sales Officer Anadolu Hayat Emeklilik - Turkey
Koorosh Beigian
Group Chief Information Officer AXIS Capital - US
Nathalie Bois-Monier
Head of International Marketing & Distribution CA Assurances - France
Charles Brooks
SVP & Chief Information Officer Kemper Corporation - US
Ursuline Foley
Managing Director & Corporate Platform Officer XL Catlin - US
Alain Hade
VPP Customer relations Desjardins - Canada
Nuno Horta
Innovation Manager Ocidental Seguros - Portugal
Hassan Karim
Director and Chief Underwriting Officer Zurich - Hong Kong
Alex Koslowski
CEO Royal London Ireland - Ireland
Marcin Kurczab
Innovation Director PZU - Poland
Franck Le Vallois
Head of Distribution & Business Leader MidCorp Alianz FR - France
Demetrio Migliorati
Innovation Banca Mediolanum - Italy
Marcos Rodriguez
Director: Organizational Development and Innovation Generali - Spain
Cenk Tabakoglu
CEO Unico Sigorta - Turkey
Enrico Tardocchi
Innovation & Product Marketing Manager Europ Assistance Group - Italy
Irene van den Brink
Director of BD InShared NL - Netherlands
Stephan Weiss
Senior Digital Expert (Digital Enthusiast) Generali Munich - Germany
Award ceremony
The best innovation in each category will be rewarded during a dedicated event in Paris on 12 June.
It was a record-setting year for the Efma-Accenture Innovation in Insurance Awards, with 320 submissions received from 237 carriers in 45 countries across the globe. Watch the highlights from the awards ceremony in Paris and learn more about the industry-leading innovations.
765
Innovations submitted
since 2016
320
Innovations submitted
in 2018
25
Senior insurance leaders
acted as judges in 2018
7400
online votes received
in 2018