IIS, ITL, and Lloyd’s Unveil 2024 Global Innovation Awards Finalists

10 September 2024 / 0 Comments

New York, New York – Sept. 10, 2024: The International Insurance Society (IIS), Insurance Thought Leadership (ITL), and Lloyd’s are pleased to announce the finalists for the prestigious Global Innovation Awards. These awards recognize organizations that have demonstrated exceptional achievement in driving innovation and fostering sustainability within insurance and risk management. Winners will be announced at an awards ceremony on Nov. 18 at the Hyatt Regency Miami. The ceremony is a highlight of the Global Insurance Forum, taking place Nov. 17-19 at the same venue.

“Our industry is redefining the scope and opportunity of risk management through innovation. Aligned with our commitment to tackling some of the world’s biggest challenges, Lloyd’s are proud to sponsor the Global Innovation Awards to help foster the products and solutions to support our customers with the risks they face now and will in the future,” says Dawn Miller, Chief Commercial Officer, Lloyd’s and CEO of Lloyd’s Americas. “Together with Lloyd’s, we celebrate those who drive positive change, push boundaries, and contribute to a more sustainable society,” adds Josh Landau, president of the IIS. 

Finalists for each award category have been selected by a distinguished panel of innovation experts.  Winners of the Global Innovation Awards will be announced at an awards ceremony on Nov. 18. In the "Insurtech Predict & Prevent" category, finalists will present their efforts to attendees, who will then vote to determine the winner. For all other categories, winners will be chosen by the IIS Executive Council following presentations of the finalists’ groundbreaking programs.  

Life/Health/Retirement Innovator of the Year – Finalists

  • AON Health Risk Analyzer: A predictive model that allows employers to take a proactive approach to manage and monitor their future high-cost claimant risk.
  • Hannover Re and healthŌme – Enhancing Critical Illness Cover through Genomics: A risk-free solution to integrate genomics-based products into insurers’ portfolios.
  • RGA’s Simplified Issue Expansion Project: A data-driven automated underwriting solution for Simplified Issue products.  

Property/Casualty Innovator of the Year - Finalists

  • IDF’s Tripartite Programme: Climate risk financing and insurance programs that drive resilience against the impacts of climate risk and natural hazards.
  • Liberty+: Liberty Mutual’s digital platform to empower homeowners to manage and mitigate risk. 
  • Gallagher Bassett's Clinical Concierge: Innovative targeted resource that engages clinical resources on first notice of a workers compensation claim.

Insurtech Predict & Prevent Innovator of the Year - Finalists

  • Praedicat - CoMeta: The only science-based forward-looking emerging risk modeling and analytics platform  
  • Roadzen: Transforming auto insurance and mobility with AI  
  • Whisker Labs - Ting: Sensor technology capable of identifying and mitigating fire hazards, helping to save lives and prevent massive loss.

For more information about the Global Innovation Awards, visit: https://www.internationalinsurance.org/global-innovation-awards.

For more information about the Global Insurance Forum and to register, visit: https://www.theglobalinsuranceforum.org. 

###

About International Insurance Society: IIS is a diverse and inclusive platform for all stakeholders of the global insurance and risk management community.  Founded in 1965, IIS is a global 501(c)3 not-for-profit organization dedicated to connecting and empowering the world's insurance leaders. Through forums, programs, and research, the IIS fosters collaboration and innovation within the industry. IIS is an affiliate of The Institutes.

About Insurance Thought Leadership: ITL is a global network of thought leaders and decision makers transforming the insurance and risk management marketplace through knowledge sharing, big ideas, innovative technology, and real-life applications. ITL positions readers to be smarter about the drivers transforming the insurance industry and to connect members in ways that lead to innovation and strategic advantage. ITL is an affiliate of The Institutes. 

About The Institutes: The Institutes are a global not-for-profit comprised of diverse affiliates that educate, elevate, and connect people in the essential disciplines of risk management and insurance. Through products and services offered by The Institutes’ nearly 20 affiliated business units, people and organizations are empowered to help those in need with a focus on understanding, predicting, and preventing losses to create a more resilient world.

About Lloyd’s: Lloyd's is the world’s leading marketplace for insurance and reinsurance. Through the collective intelligence and expertise of the market’s underwriters and brokers, we’re sharing risk to create a braver world. The Lloyd’s market offers the resources, capability, and insight to develop new and innovative products for customers in any industry, on any scale, in more than 200 territories.

For further information contact: 

Colleen McKenna Tucker
Executive Director International Insurance Society
Tel.: +1 212 277 5164
Email: cmckenna@internationalinsurance.org