Efma Accenture
 

RELIVE THE 2020 AWARD CEREMONY!

The Efma−Accenture Innovation in Insurance Awards winners were revealed during our live event. Watch the replay or discover the winners !



AWARDS REPLAY VIEW WINNERS

 

Efma Accenture
 

WELCOME TO THE NEW PORTAL

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.



Submit now

2020 SUBMISSION PROCESS

How to enter the awards and key milestone dates.

1
Submit
from 04/12 to 30/04
2
Vote
from 18/05 to 29/05
3
Register
from 01/06 to 17/06
4
Check the winner
from 18/06 to 02/07

Accelerate the transformation of insurance as we know it for better

In 2019, the awards attracted 395 entries from 287 institutions in 54 countries. The 2020 edition is now open for entries until 30th April 2020. Get a head start and submit your most innovative projects now. You can also start the submission process and finish it later.

Start now  

Choose among our best submissions

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 Global Innovator Award, the Awards Jury will select the winner from the fifteen nominees identified by the Awards Committee.

Register for our live event

The best innovation in each of the six 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.

Participation is restricted to the winners & is FREE of charge. Other financial institutions may intend on a by-invitation-only basis

Discover the 2020 winners

The 2020 winners were revealed at our 17 June online awards ceremony.

VIEW WINNERS

ABOUT THE AWARDS

Getting registered to access our Innovation in Insurance awards library
takes only a few seconds! Discover 3 000+ Insurance Companies and 35 000+ Innovations

What are the Efma-Accenture innovation in Insurance 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.

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

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 to submit

 

  • - 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 2019, and must be in at least the pilot phase.
  • - Only insurance and bancassurance companies may enter all 6 awards categories. Insurtechs may submit their innovations in the Insurtech category only.
  • - These innovations must be stage-one funded, have a market release proposition, and/or have completed a successful market proof of concept.
  • - Visit the Innovation Showcase to see previous submissions
  • - Deadline for entries: April 2021
  • - There is no charge to enter

Submission of the Month 
March 2020

Toggle Insurance - Farmers Insurance


Re-imagined renters insurance for the modern consumer.

VIEW INNOVATION

VIEW ALL INNOVATION OF THE MONTH WINNERS

Submission of the Month 
March 2020

Submission of the Month 
February 2020

Bancassurance System and App - Absa

Absa Bancassurance system and App has already laid down the marker on the way Insurance distribution will be done going forward

VIEW INNOVATION

VIEW ALL INNOVATION OF THE MONTH WINNERS

Submission of the Month 
February 2020

Submission of the Month 
January 2020

Distributing blockchain based smart-insurance policies (auto-paying claims) - Banca Mediolanum

Blockchain based insurance products where the claim is automatically triggered with oracles and managed with smart contracts

VIEW INNOVATION

VIEW ALL INNOVATION OF THE MONTH WINNERS

Submission of the Month 
January 2020

DISCOVER SOME OF OUR AWARD WINNING SUBMITTERS

PROGRAM HIGHLIGHTS

5248
Online votes received in 2020
21
Senior industry leaders acted as judges in 2020
1488
Innovations since 2016
934
Institutions since 2016