Awards Categories 2018

Best Life Insurance Company  of the Year-Region / Country Wise

  • This award recognizes a track record of innovation and growth , leadership in product portfolio, a broad strategic vision, a high level of employee satisfaction and a strong commitment to meet customer demands among others.
  • A Life  Insurance Company would have to submit 5 reasons as to why they should be considered as the overall Life  Insurer of the Region.
  • There should be supporting testimonials to support the claims.

Best General Insurance Company of the Year-Region / Country Wise

  • This award recognizes a track record of innovation and growth , leadership in product portfolio, a broad strategic vision, a high level of employee satisfaction and a strong commitment to meet customer demands among others.
  • A General Insurance Company would have to submit 5 reasons as to why they should be considered as the overall General Insurer of the Region.
  • There should be supporting testimonials to support the claims.

Best Health Insurance Company of the Year-Region / Country Wise

  • This award recognizes a track record of digitization, reach, claims settlement, customer and employee satisfaction along with innovation and growth and a broad strategic vision.
  • A Health Insurance Company would have to submit 5 reasons as to why they should be considered as the overall General Insurer of the Region.
  • There should be supporting testimonials to support the claims.

Best Digital Insurer of the Year- Region / Country Wise

  • This award acknowledges the contributions of a company with a proven track record of providing superior technology, user experience, service and assistance to insurance professionals and companies.
  • Open to any Insurance Company in Life or Non Life Sector.
  • Judges will consider value added to clients, overall client experience, depth of content, innovation, repeat and referral business strategy and sustained effort and commitment to insurance industry.

Best Risk Manager of the Year- Region / Country Wise

  • This award recognizes excellence and stand out performance within risk management and will be presented to the company that has excelled at protecting the assets of their company or their client, by recognizing the exposures that could result in losses.
  • Open to any Insurance Company in Life or Non Life Sector.
  • Offers strategic thinking to the Risk Management community as a whole.

Best strategies for ‘Insurance Spreading’ for the Year- Region / Country Wise

  • This award recognizes a company (life or non life) that has diversity and inclusion at the heart of its business and that provides employee programs for women, minority groups, persons with disabilities and LGBT individuals.
  • A clear narrative that demonstrates why the diversity and inclusion strategy was implemented and how it is linked to broader business strategy.
  • Evidence of the organization’s success with regards to diversity and inclusion.

Best Service Provider  of the Year =Region / Country Wise

  • This award recognizes excellence in response to a single event/major issue / multiple claims that went beyond business as usual.
  • Use  of innovative thinking /technology to make the claimant’s journey smoother and/or streamline internal systems to the mutual benefit of the company and its client.
  • Evidence of innovative use of supply chain/partnerships to deliver great customer service.

Best Product Innovation and Diversification in the Year- Region / Country Wise

  • This award seeks to honor a life/non life insurer who has launched an innovative product setting the benchmark in terms of fulfilling an un-met customer demand of the region.
  • The product innovation besides being an industry first, should have been well received by the target audience.
  • Modification of existing products, which have been of high utility to clients could also be submitted.

Best Reinsurer of the Year- Region / Country Wise (Life)

  • This award seeks to honor a company which has helped the life insurance market to grow.
  • A company which has been proactive in managing risk.
  • A company which best responded to the needs of life insurance companies.

Best Reinsurer of the Year- Region / Country Wise (Non Life)

  • This award seeks to honor a company which has helped the general  insurance market to grow.
  • A company which has been proactive in managing risk.
  • A company which best responded to the needs of general insurance companies.