June 25, 2019

Efma and Accenture Reveal Winners of Innovation in Insurance Awards 2019

Awards ceremony celebrates top innovations transforming the insurance industry

AMSTERDAM; June 25, 2019 – Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture (NYSE: ACN) today announced the winners of the fourth Innovation in Insurance Awards at the annual awards ceremony, held in Amsterdam. Showcasing the best examples of insurance technology innovations in multiple categories, the awards competition this year attracted 395 submissions from 287 institutions in 54 countries.

The winners of the Efma-Accenture Innovation in Insurance Awards 2019 are:

“The number of entries in this year’s competition has once again surpassed expectations,” said Vincent Bastid, Efma’s CEO. “The insurance industry is undergoing a transformation, as insurers seize opportunities to innovate and improve the customer experience, personalization, and go digital, through a combination of AI and Big Data. Congratulations to all of this year’s innovation winners.”

Piercarlo Gera, Accenture’s Financial Services Customer Insights & Growth lead, said, “Insurance remains extremely susceptible to future disruption. Innovation — and the ability to do so in a sustained manner and at scale — holds the key to future survival. These awards confirm that insurers across the globe are embracing new technologies to develop innovations around the customer experience, transform their operations and create new efficiencies. This is very encouraging indeed, and we applaud this great work.”

The winners were selected through a combination of votes by a panel of judges comprising senior insurers from around the world and online by Efma members and non-members from insurance institutions. Each entry was assessed using three criteria: its originality; its strategic capacity to create a long-term competitive edge and return on investment; and its adaptability for use in other markets and countries.

To find out more about the award-winning innovations, visit www.efma.com/innovationininsurance or follow the conversation on Twitter at #InsAwards19.

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, Milan, Montreal, Istanbul, Beijing, Tokyo and Singapore. Learn more: 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 477,000 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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