We identify and award the most innovative projects in the insurance sector

The awards aim to highlight and share worldwide best practices that will help accelerate the transformation of insurance as we know it for the better.

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THE SUBMISSION PHASE

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.

 

Based on an analysis of winning submissions and best practices, here are seven tips to help you build a compelling case for your innovation

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Clearly present the problem you needed to solve; show how you used technology or an innovative idea to solve that problem; and highlight the results with both qualitative and quantitative success metrics.

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Remember to directly address each judging criterion: originality, impact and universality. Mapping your key points to each criterion prior to writing your submission entries is a useful exercise

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Proofread and edit your submission. While correct spelling and grammar are not criteria, a polished final submission will impress your peers, who have the final say regarding who wins.

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Visuals, such as images, videos or screenshots of an application, can make your submission more engaging. Gather your best supporting materials to add as attachments.

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Don’t be afraid to talk about your setbacks or challenges and how you overcame them through ideation and implementation. These stories spark inspiration.

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Be specific, especially in your results. Use statistics and numbers to show growth or change.

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THE SELECTION PHASE

An innovation committee shortlists the best innovation in each category based on 3 criteria

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Originality

The uniqueness of the idea in the marketplace and its potential as a gamechanger.

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Impact

The innovation’s capacity to generate a superior, long-term competitive edge and a significant return on investment.

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Universality

The innovation’s adaptability across different markets and countries.

Last Year's Judges

Stefano Bison
Head of group business development - Generali
Tomasz Raczynski
Director - mBank
Robin Kiera
Thought Leader & Founder - Digitalscouting.de
Rainer Sommer
Chief Operating Officer - Generali Deutschland AG
Denise Garth
SVP & Influencer - Majesco
Hashmat Rohian
Senior Director and Managing Entreprise Architect - The Co-operators Group Ltd.
Gareth Friedlander
Deputy CEO - Discovery Life
Jane Tutoki
Board Member - Sedgwick
Rob Galbraith
Author and Influencer
Bruce Adrain
Head of Innovation Capability and Build - Liberty Group
Charles Brooks
SVP, Operations & Systems - Kemper Corporation
Ursuline Foley
Board Member, Provident Financial Services, DOCOsoft
Marcin Kurczab
Head of Innovation Lab - PZU
Marcos Rodriguez
Head of Transformation - Zurich Insurance
Enrico Tardocchi
Head of Business Excellence & Customer Centricity – Europ Assistance Italy
Alberto Garuccio
Head of Ecosystem and Open Insurance - Reale Group
Jannicke Schumann-Olsen
Director - New business and customer Innovation - Tryg
Frank Frippon
General Manager Life & Health - KBC
Matteo Carbone
Founder, Director - IoT insurance Observatory
Murat Atalay
Deputy CEO, Chief Sales Officer - Anadolu Hayat Emeklilik
Désirée Mettraux
CEO - OCC Assekuradeur GmbH
Amran bin Hassan
CEO - Etiqa Digital Solutions
François Forge
Head of Strategic Innovation - Wakam
Jean-Marc Pailhol
Head of Global Strategic Partnerships - Allianz Partners
Bernard Jacob
Senior Finance & Business Executive
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THE VOTING PHASE

Submissions are first selected by our Selection committee who pick 9 nominees for each category that are then voted on by our entire community!

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Jury members

Votes coming from the Awards Jury, which comprises senior insurance executives from across the world, will represent 50% of the global score

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Efma members

Efma members' vote account for 40% of the vote

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Others

Non members are also allowed to vote, but their vote will only account for 10% of the global vote  

Our Initiative in Numbers

5248
Online votes received in 2020
21
Senior industry leaders acted as judges in 2020
1991
Innovations since 2016
2403
Institutions since 2016

A GLOBAL AWARDS PROGRAM

Angola
1 innovation
1 innovation
Argentina
9 innovations
9 innovations
Australia
25 innovations
25 innovations
Austria
10 innovations
10 innovations
Bangladesh
4 innovations
4 innovations
Belgium
43 innovations
43 innovations
Bulgaria
4 innovations
4 innovations
Canada
44 innovations
44 innovations
Chile
3 innovations
3 innovations
China
15 innovations
15 innovations
Colombia
20 innovations
20 innovations
Croatia
2 innovations
2 innovations
Czech Republic
7 innovations
7 innovations
Denmark
10 innovations
10 innovations
Finland
6 innovations
6 innovations
France
242 innovations
242 innovations
Germany
74 innovations
74 innovations
Greece
4 innovations
4 innovations
Hong Kong
32 innovations
32 innovations
Hungary
2 innovations
2 innovations
India
146 innovations
146 innovations
Indonesia
5 innovations
5 innovations
Ireland
12 innovations
12 innovations
Italy
157 innovations
157 innovations
Japan
28 innovations
28 innovations
Kenya
5 innovations
5 innovations
Korea (South)
2 innovations
2 innovations
Lebanon
5 innovations
5 innovations
Lithuania
1 innovation
1 innovation
Malaysia
4 innovations
4 innovations
Mexico
5 innovations
5 innovations
Morocco
3 innovations
3 innovations
Netherlands
34 innovations
34 innovations
New Zealand
10 innovations
10 innovations
Nigeria
4 innovations
4 innovations
Norway
3 innovations
3 innovations
Pakistan
1 innovation
1 innovation
Peru
1 innovation
1 innovation
Philippines
6 innovations
6 innovations
Poland
55 innovations
55 innovations
Portugal
43 innovations
43 innovations
Romania
1 innovation
1 innovation
Russian Federation
7 innovations
7 innovations
Serbia
0 innovations
0 innovations
Singapore
41 innovations
41 innovations
South Africa
64 innovations
64 innovations
Spain
77 innovations
77 innovations
Sri Lanka
6 innovations
6 innovations
Sweden
7 innovations
7 innovations
Switzerland
48 innovations
48 innovations
Taiwan
6 innovations
6 innovations
Thailand
5 innovations
5 innovations
Turkey
63 innovations
63 innovations
USA
237 innovations
237 innovations
United Arab Emirates
14 innovations
14 innovations
United Kingdom
106 innovations
106 innovations
Vietnam
3 innovations
3 innovations
Africa
Asia and Pacific
Europe
Middle East
North America
South America

PROGRAM ENDORSMENTS

"It is a great honour for us to receive this award….I would like to thank Efma and Accenture for the organisation of this ceremony"
Franck Le Vallois - Allianz

“Very proud to be recognised for the award… it is another proof point of the implementation of our strategy”  
Moshe Tamir - ex-Generali

“A good opportunity to review what your company is doing and see what is best practice …Thanks to Efma & Accenture for this true celebration of innovation”  
Tsukasa Makino - ex-Tokio Marine

OUR PARTNERSHIP AND VALUES

Efma


A global non-profit organization, established in 1971 by banks and insurance companies, Efma facilitates networking between decision-makers. It provides quality insights to help banks and insurance companies make the right decisions to foster innovation and drive their transformation. Over 120 financial groups in 133 countries are Efma members.
Headquarters in Paris. Offices in London, Brussels, Andorra, Stockholm, Bratislava, Dubai, Milan, Montreal, Istanbul, Beijing, Tokyo and Singapore.

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Accenture


Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network—Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders.

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