June 18, 2020

Efma and Accenture Announce Winners of Innovation in Insurance Awards 2020



Virtual awards ceremony this year celebrates new technologies transforming the insurance industry


PARIS; June 18, 2020 – Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture (NYSE: ACN) have announced the winners of the fifth annual Innovation in Insurance Awards during a virtual awards ceremony.

The awards competition, which recognizes the best insurance technology innovations, attracted nearly 360 entries from 240 institutions in 45 countries — even amidst the uncertainty caused by the COVID-19 pandemic, which drove the awards ceremony to be held virtually this year rather than in person.

The winners were selected by a panel of judges comprising senior executives from insurers worldwide. Each entry was assessed using three criteria: originality; strategic capacity to generate long-term competitive edge and return on investment; and adaptability for use in other markets and countries.

The winners of the Efma-Accenture Innovation in Insurance Awards 2020 are:

“We were pleased to see great inroads being made this year to transform the insurance industry in customer service, personalization, and mobile applications through AI and big data,” said John Berry, Efma’s CEO. “This level of innovation is encouraging and more relevant than ever during these unprecedented times. I’d like to congratulate the winners, and all those who submitted entries, on this noteworthy progress.”

Daniele Presutti, who leads Accenture’s Insurance practice in Europe, said, “Now more than ever, it is important to celebrate the innovations that enable the insurance industry to overcome disruption. In a year where customers have been driven in droves to digital services, insurers around the world are embracing new technologies to position their businesses for renewed growth. Seeing so many entries during this time of uncertainty shows the moves insurers are making to become more resilient and competitive. Congratulations to the worthy winners.”

To find out more about the award-winning innovations, visit www.efma.com/innovationininsurance or follow the conversation on Twitter at #InsAwards20.

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. Headquartered 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 in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 509,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com.

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Contacts:

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

Natalie de Freitas
Accenture
+44 7380 799 196
natalie.de.freitas@accenture.com