April 27, 2017

New and Disruptive Technologies Take Center Stage at Efma–Accenture Innovation in Insurance Awards in London

Entries showcased artificial intelligence, the internet-of-things and blockchain

LONDON; Apr. 27, 2017 – Emerging technologies such as artificial intelligence, the internet-of-things and blockchain were prominently featured among the winners of the second annual Efma-Accenture Innovation in Insurance awards announced in London. Aimed at showcasing the best examples of insurance technology innovations in multiple categories, the awards this year attracted nearly 220 entries from nearly 150 institutions in 38 countries.

Piercarlo Gera, senior managing director, Financial Services, Accenture Distribution & Marketing, said, “This year’s entries truly set a new benchmark for innovation in insurance. It was clear from the diverse range of submissions that insurers around the world are acting with urgency to innovate for their customers and capitalize on emerging new technologies like artificial intelligence, the internet-of-things and blockchain.”

Assicurazioni Generali S.p.A. (“Generali”) / Generali Italy received the 2017 Global Innovator of the Year award. The company was recognized by a panel of independent judges for its strong focus on innovation in all submissions, including its work on crowd sourcing, incubation initiatives, collaboration with startups and partnerships with global organizations.

Moshe Tamir, global head of Digital Transformation, Generali, said, “We’re delighted that our commitment to innovation around the world has been recognized. The insurance landscape is changing fast and digital transformation is at the center of this change. At Generali, we see new technology as instrumental in creating an even stronger relationship with our clients and distributors, and further shaping our business for the future.”

Second place in the Global Innovator of the Year category went to Tokio Marine & Nichido Fire (Japan), while AXA Group (Italy) completed the top three.

Four other category winners were announced at the awards show in London:

Vincent Bastid, CEO of Efma, said, “Not only are these awards the perfect way to showcase the industry’s spirit of innovation, they provide an opportunity for insurers to come together and learn about new best practices. On behalf of the awards committee, I’d like to congratulate all our entrants and the ultimate winners on their breakthrough innovations over the last year.”

To learn more about the award-winning innovations, please visit: www.efma.com/innovationininsurance.

About 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 3,300 brands in 130 countries are Efma members. Headquarters in Paris. Offices in London, Brussels, Barcelona, Stockholm, Bratislava, Dubai, Mumbai and Singapore.
Learn more at www.efma.com

About 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. With approximately 401,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

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James Murphy
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Alys Singh
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