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Efma and Accenture Reveal the Winners of Innovation in Insurance Awards 2022 | Business

PARIS–(Enterprise WIRE)–Jun 15, 2022–

Efma, an association of more than 2,550 retail economical services firms in 133 international locations, and Accenture (NYSE: ACN) now introduced the winners of the seventh once-a-year Innovation in Insurance coverage Awards in the course of a virtual ceremony.

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Efma and Accenture today introduced the winners of the seventh yearly Innovation in Insurance Awards all through a virtual ceremony. (Photograph: Business enterprise Wire)

The world application, which recognizes the greatest new modern tips and tasks in insurance coverage, attracted 398 entries from 251 institutions in 44 nations. This year’s entries reveal an ongoing customer focus, resourceful apps of artificial intelligence (AI) and automation as nicely as a sustainability lens.

The winners ended up selected across 7 classes by a panel of 37 judges, such as senior executives from insurers around the world. Each entry was assessed applying a few requirements: originality strategic potential to crank out extensive-time period aggressive edge and return on financial commitment and adaptability for use in other marketplaces and countries.

The winners of the Efma-Accenture Innovation in Coverage Awards 2022 are:

  • AIA (Thailand) ­– obtained the Related Ecosystems & Marketplaces 2022 award for its ALive cellular application. This ecosystem of health and fitness and wellness choices aims to place group at its main by supporting younger family members and serving to them direct healthier, lengthier and far better lives.
  • Bolttech (Singapore) – gained the Insurtech 2022 award for Click on-to-Guard (CTP), a diagnostic tool for mobile device coverage and security that is offered to companions by way of a white-labelled featuring. It uses AI and equipment learning to evaluate the situation of any new or utilised intelligent mobile phone, with no the want for an app.
  • Discovery (South Africa) – gained the Product & Company Innovation2022 award for Discovery Clinic at Home, that delivers an substitute treatment location for a assortment of health-related and post-surgical conditions that would otherwise need hospital admission.
  • Allianz Companions (Spain) – obtained the Re-imagining the Buyer Encounter 2022 award for Visi´Home, a movie-diagnostic company that supports consumers remotely.
  • PZU (Poland) – been given the Social, Sustainable & Liable 2022 award for AI Skin Most cancers Prevention. Consumers are capable to access skin cancer pre-screening speedily and very easily by an AI-enabled cell app.
  • Zurich Coverage Business (Spain) – gained the Workforce Transformation 2022 award for Just one Zurich, an all-in-one cell application for Zurich employees that simplifies the day-to-day practical experience no matter if at property or in the office environment.
  • Discovery (South Africa) – named World wide Innovator2022 for introducing quite a few improvements these types of as Discovery Hospital at House, Discovery Power in Unity – Vaccinating a Nation, the Healthy Futures calculator, Movement Notify and Pothole Patrol. Discovery Healthcare facility at Home consists of environment-class telehealth capabilities, digital equipment for members and medical doctors and remote monitoring products to permit genuine-time monitoring of scientific development and rapidly delivery of care. Discovery Energy in Unity is a software whereby the insurance provider is supporting South Africa’s COVID-19 vaccination system, placing up nine vaccination sites to complement capability. The Healthy Futures calculator analyzes an particular person customers’ distinctive biometrics to give them a primary overview of their wellness, and offers individual, science-centered suggestions and insights. Motion Notify employs telematics technological innovation to detect when a car could have been stolen, alerting the owner and initiating automobile recovery services mechanically. Pothole Patrol, in partnership with Dialdirect and the Metropolis of Johannesburg, manages and repairs potholes to make streets safer, applying an application for pothole reporting.

“We would like to congratulate the winners and thank all of the individuals for publishing a lot of excellent improvements again this calendar year,” stated John Berry, Efma CEO. “The winning entries exhibit that the coverage industry is shifting to a purchaser-centric product and providing on new encounters. Amid industry disruption and heightened purchaser expectations, carriers are establishing additional personal choices. For case in point, in the overall health and wellness area, we’ve found an enhance in solutions that intention to strengthen customers’ high-quality and length of everyday living. We are happy to see that insurers are stepping up to reply to the ever-evolving current market and broader societal worries.”

Silvia Milian, a running director in Accenture’s Insurance policies field group and its lead for the awards, reported, “We had a further potent round of submissions this yr that exemplify the journey insurers have been on to reshape their business enterprise types, forge new partnerships, and leverage convergence prospects with wellbeing and monetary administration ecosystems — all with the shopper at the core. The insurance company of the long term can have a optimistic effect on modern society — influencing behaviors and contributing to safer, greener and extra inclusive sector procedures, as evidenced by the growing concentration on sustainability amid the submissions.”

To discover out much more about the award-profitable improvements, go to innovationininsurance.efma.com or abide by the conversation on Twitter at #InsAwards22.

About Efma

A worldwide non-profit organization established in 1971 by banking institutions and insurance policies corporations, Efma facilitates networking between monetary companies conclusion-makers. It supplies quality insights to enable banking companies and insurance policy firms make the appropriate decisions to foster innovation and generate their transformation. 120+ fiscal groups in much more than 130 nations around the world are Efma users. Headquartered in Paris, Efma serves monetary institutions on all continents, with offices in London, Brussels, Andorra, Milan, Bratislava, Istanbul, Dubai, Tokyo, Kuala Lumpur and Seoul. Find out additional at www.efma.com.

About Accenture

Accenture is a global skilled products and services firm with major abilities in digital, cloud and safety. Combining unmatched knowledge and specialized expertise throughout far more than 40 industries, we provide Approach and Consulting, Technology and Functions solutions and Accenture Music — all powered by the world’s major community of State-of-the-art Technology and Smart Operations centers. Our 699,000 men and women deliver on the promise of technological know-how and human ingenuity each day, serving clientele in extra than 120 international locations. We embrace the power of adjust to build worth and shared results for our clientele, persons, shareholders, associates and communities. Take a look at us at accenture.com.

Accenture’s Insurance coverage apply assists P&C insurers, lifetime carriers and reinsurers to redefine their organization and operating types, increase the electronic knowledge for customers, and placement them selves for advancement in a electronic overall economy. To discover a lot more, pay a visit to: To study much more, pay a visit to: accenture.com/insurance policies

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Contact: Victoria Ancell

Accenture

+44 7446 277 759

[email protected] Lednarova

Efma

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[email protected]

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PUB: 06/15/2022 12:01 PM/DISC: 06/15/2022 12:02 PM

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