The Global Innovation Awards presented by the International Insurance Society and Insurance Thought Leadership celebrate the transformative power of innovation within the insurance and risk management industry. These prestigious awards recognize insurers and insurtechs that push boundaries, drive positive change, and contribute to a more sustainable society. Three winners representing three categories — Property & Casualty, Life | Health | Retirement, and Predict & Prevent — were honored at the Global Insurance Forum in Miami, Florida, on Nov. 17-19, 2024.

The 2024 Global Innovation Awards program is proudly sponsored by Lloyd’s, the world’s leading marketplace for insurance and reinsurance, reflecting their commitment to sharing risk to create a braver world. 

LIFE | HEALTH | RETIREMENT	PROPERTY & CASUALTY	PREDICT & PREVENT

Life | Health | Retirement Innovator of the Year – Finalists

• AON Health Risk Analyzer: A predictive model that allows employers to take a proactive approach to manage and monitor their future high-cost claimant risk.
• RGA’s Simplified Issue Expansion Project: A data-driven automated underwriting solution for Simplified Issue products.

Property & Casualty Innovator of the Year – Finalists

• Gallagher Bassett's Clinical Concierge: High-touch early intervention service that holistically evaluates and proactively manages all at-risk claims — identified with our innovative triaging approach within minutes of loss report — for the first ten days to ensure treatment and the claim start on the right track.
• Liberty+: Liberty Mutual’s digital platform to empower homeowners to manage and mitigate risk.

Predict & Prevent Innovator of the Year – Finalists

• Praedicat - CoMeta: The only science-based forward-looking emerging risk modeling and analytics platform.
• Roadzen: Transforming auto insurance and mobility with AI.

Property & Casualty:

Recognizes a property/casualty insurer that has demonstrated a truly groundbreaking innovation that can be used for the betterment of society.  The innovation can relate to a product, process, model, distribution channel, partnership, or initiative that expands or enhances the value, accessibility or impact of insurance.

Life/Health/Retirement:

This award acknowledges a life, retirement, and health insurer or insurtech that has achieved a truly groundbreaking innovation. We seek to honor those who have demonstrated creativity, measurable impact, and a dedication to using their innovation for the betterment of society. We celebrate those who shape the future of Life and Retirement insurance, making a positive impact on individuals' lives and long-term financial well-being.

Predict & Prevent:

This award recognizes insurers and insurtechs that have showcased innovative ways to leverage technology in prioritizing resiliency. We seek to acknowledge those who have developed cutting-edge solutions that enhance predictive capabilities and enable effective preventive measures. By leveraging technology, these insurtechs contribute to building a more resilient future, proactively addressing risks and minimizing their impact.

In your application, focus on the following:

1. Briefly describe your company and project (5,000 characters or less), highlighting the scope, goals, and the specific problems your innovation solves.
2. Summarize the innovation's impact, creativity, and learning (5,000 characters or less). Emphasize how it can be scaled globally and how it serves for the betterment of society.
3. Provide measurable results that demonstrate the effectiveness of your innovation. Show tangible outcomes and the positive changes it has brought.
4. Support your nomination with relevant materials, such as videos, photos, testimonials, presentations, media coverage, and case studies.

• FINALISTS FOR ALL AWARD CATEGORIES ARE REQUIRED TO HAVE AN EXECUTIVE REPRESENTATIVE AT THE GLOBAL INSURANCE FORUM IN MIAMI FLORIDA, NOVEMBER 17-19, 2024.
• WINNERS ARE REQUIRED TO HAVE AN EXECUTIVE REPRESENTATIVE PARTICIPATE IN A VIDEO INTERVIEW (TO BE SCHEDULED COLLABORATIVELY).
• THERE IS NO SUBMISSION FEE.

Frequently Asked Questions