Innovation Award

How to apply

Click on the button below to start the entry process. You will be re-directed to our awards platform Awards Force, where you can start and submit your entry. For further details, please refer our FAQs page.

Alternatively, contact Ryan Bessent on 0207 608 9045 for assistance.

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Today’s business climate is characterised by change, whether resulting from global geopolitical and economic disruptors, innovative technologies, flexible working practices, constantly evolving regulations and laws, or unrelenting regulatory reform. Within this environment, the ability to innovate has never been more important, either through the implementation of new models, strategies, or processes, or through the introduction of new technological solutions.

This award recognises a team or company that has championed innovation over the past 12-18 months and can demonstrate how innovation has addressed a real global insurance challenge faced by their organisation and is making a measurable difference. The winner of this award will demonstrate vision, agility and the capacity for finding new ways of working that inspire and set new standards.

Eligibility

  • This award is open to all global insurers/reinsurers/broker teams or companies.
  • Projects, teams and individuals can be submitted for entry. Entries must demonstrate evidence from the last 12-18 months, up to the awards entry deadline.
  • We welcome entries from teams and individuals working for businesses in the UK and Europe.

Ambition

  • Any relevant contextual information to help understand the business or external environment over the past 12-18 months and the need for innovation.
  • If you are entering a team or individual, please provider further information that would help the judges understand the context for innovation – for example `which team, size of team etc. If you are entering an initiative, what were the drivers for the initiative?
  • Please describe the ambition and goal for innovation over the last year and any drivers for improvement or change.

  • Examples of outstanding skill, best practice, activity, and process.
  • How the project/team/individual have been an exemplary case study for other global insurance professionals, other teams in the global insurance sector, and for the wider multinational community.
  • Excellence in their work, approach and delivery on responsibilities.

Innovation

  • Examples of how the project/team/individual has shown creativity and agility to meet challenges and exceed goals.
  • Relevant detail about how they have used fresh and successful new models and strategies to operate successfully in challenging markets and in response to changing environments.
  • Details on how they have responded with innovation to major events
  • Illustrate any innovation using the latest technology, processes, and communication channels.

Impact

  • Relevant detail to support your entry that illustrate the benefits to the team, your company and the wider insurance sector.
  • How has this innovation impacted on the business and other stakeholders? 
  • Any metrics that support their entry.
  • Please demonstrate how the innovation delivered impact within resource constraints and value for the business? 

Customer Experience

  • Details of how they have excelled in meeting the needs of the client.
  • Examples to show how they have developed effective client relationships that have impacted positively on the business.
  • Illustrate how through innovation you’ve strengthened good outcomes and/or improved experience for customers.

Innovation Award

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