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2018 Insurance Innovation Awards Finalists Announced: AIG, Zurich, Eddy Home, Microsoft and Verisk Compete for Honors

Insurance Nexus - 22 October 2018

Chicago, USA: After receiving an unprecedented number of nominations from across the insurance industry, the finalists of the Insurance Innovation Awards 2018 have been revealed, Insurance Nexus have announced.
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As recent research conducted by Insurance Nexus demonstrates, insurance is undergoing dramatic and industry-wide transformation. 96% of the (over 500) senior executives interviewed agreed with the statement that “carriers must transform their operations significantly to meet the needs of customers in the future”. It is in the context of this sweeping change that the Insurance Innovation Awards are being held; to recognize and celebrate examples of innovation that are vital to the longevity and success of the North American insurance industry, as well as to encourage others to follow suit.

“We’re especially excited about this year’s insurance Innovation Awards,” said Emma Sheard, Head of Strategy at Insurance Nexus. “We received so many applications from all corners of the industry and found it incredibly difficult to pick a shortlist from all of the entrants. I’d like to extend my thanks to all those who applied and a big congratulations to our finalists!”

The eventual winners will be selected by a senior judging panel comprising IoT Insurance Observatory Founder and Director, Matteo Carbone, InsurTechNews Director, Celia Clinciu, Insurance Solutions Group Principal, Stephen Applebaum and Emma Sheard, Head of Insurance at Insurance Nexus. There are three categories of award: ‘Innovation Carrier of the Year’ (the insurance carrier who has made the biggest advances in insurance innovation), ‘Innovation Vendor of the Year’ (the solution-provider that has demonstrated exceptional innovation within Insurance over the past year) and ‘Innovation Leader of the Year’ (an individual who led an exceptionally innovative project or transformation, from any organization). The finalists for all categories are as follows:


Innovation Carrier of the Year:
  •     AIG
  •     American Family Insurance
  •     American Modern Insurance
  •     CSAA Insurance Group
  •     Ladder Insurance
  •     QBE North America
  •     Root Insurance Company
  •     Society Insurance
  •     Union Insurance
  •     Zurich North America

Innovation Leader of the Year:
  •     Ilya Bodner, Bold Penguin
  •     Mark Budd, Zurich
  •     Yosha Delong, Zurich
  •     Bryan Derbyshire, TicketGuardian
  •     Amandah Greiling, Zurich
  •     Raj Pofale, Claim Genius

Innovation Vendor of the Year:
  •     Big Wave Systems
  •     Cambridge Mobile Telematics
  •     Claim Genius
  •     dacadoo
  •     DataWing Global
  •     Eddy Solutions
  •     Exacter, Inc.
  •     Fiserv
  •     FRISS
  •     Hortonworks
  •     Levio
  •     Microsoft
  •     Mitchell
  •     Ontellus
  •     Optimity
  •     Paperclip
  •     Pineapple
  •     ProNavigator
  •     RedPoint Global
  •     ROC-Connect
  •     SCA Appraisal Company
  •     See Your Box
  •     Slice
  •     Symbility Solutions
  •     Verisk

“InsurTechNews is pleased to be part of the Insurance Innovation Awards 2018 together with Insurance Nexus,” said Celia Clinciu, Director of InsurTechNews and member of the Awards’ judging panel. “Innovation is a continuous process and when it comes to insurance technology, it has seen quite a boom in these past three years. These are exciting times, with many start-ups entering the space and many more that never make it on the actual stage, but regardless of who the winners and losers are, the insurance industry as a whole should gather insight and learn from the resulting knowledge of major success examples and failures alike.”


The Insurance Innovation Awards are being held in conjunction with the Connected Insurance USA Summit, taking place November 28th - 30th at the Radisson Blu Aqua Hotel, Chicago. The awards ceremony will be held at the conference on the evening of the November 28th, where the winners of all categories will be announced. For more information, visit the website at https://events.insurancenexus.com/connectedusa/.

Contact:
Emma Sheard
Head of Insurance
Phone: +44 (0) 207 422 4349
Email: emma.sheard@insurancenexus.com

About Insurance Nexus
Situated between London's Silicon Roundabout and the City, Insurance Nexus is at the innovative heart of an industry undergoing significant disruption and innovation. Insurance Nexus is the central hub for insurance executives. Through in-depth industry analysis, targeted research, niche events and quality content, the team provides the industry with a platform to network, discuss, learn and shape the future of the insurance industry.



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