June 12, 2018

Efma and Accenture Announce Winners of Efma – Accenture Innovation in Insurance Awards 2018



Insurance institutions showcase winning innovations transforming the industry


PARIS; June 12, 2018 – 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 third annual Efma-Accenture Innovation in Insurance Awards at the annual awards ceremony, held at the Elyseum in Paris. Showcasing the best examples of insurance technology innovations in multiple categories, the awards competition this year attracted 320 entries from 237 institutions in 45 countries.

The winners of the Efma-Accenture Innovation in Insurance Awards 2018 are:

“It’s exciting to see so much innovation from companies around the world,” said Vincent Bastid, Efma’s CEO. “The number of submissions we’ve seen this year shows that insurers are facing disruption head-on, with advancements in customer service, personalization, and mobile applications through a combination of AI & Big Data. Congratulations to all of this year’s winners for their achievements.”

Jean-Francois Gasc, Accenture’s insurance strategy lead for Europe, Africa and Latin America, said, “Innovation in insurance shouldn’t just be the domain of insurtechs and other startups. Insurers from around the world are embracing new technologies to develop innovations around the customer experience, transform their operations and create new efficiencies. The winners highlight how the use of AI, machine learning and the internet of things are reinventing insurance.”

The winners were selected through a combination of votes by a panel of judges comprising senior insurers and from around the world and by Efma members and non-members from insurance institutions online. Each entry was assessed using three criteria: its originality; its strategic capacity to generate 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 #InsAwards18.

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 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 approximately 442,000 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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Contacts:

Anna Quinn
Efma
+33 1 47 42 67 71
anna.quinn@efma.com


Michael McGinn
Accenture
+1 917 452 9458
m.mcginn@accenture.com