Qorus Innovation in Insurance Awards 2025

The 10th edition of the Qorus Innovation in Insurance Awards is now open for entries until 3rd March 2025! Don't miss out on this incredible opportunity to be recognized and rewarded by one of the world's most prestigious and credible financial services awards programs.

About the awards

This global competition is a showcase of the most exciting and effective innovations that are taking advantage of emerging technologies and responding to the disruption and opportunities in insurance.

 

A rigorous, independent judging and voting process ensures the credibility of the awards. The awards ceremony is recognized as the premier annual gathering of insurance innovators and their ideas worldwide

There is no charge to enter, or to participate in the awards ceremony if you are a finalist.

Why enter?


Help promote a culture of innovation in insurance
• Achieve the recognition of your colleagues
• Be acknowledged by your industry peers
• Gain public acclaim for your organization as an innovation leader
• Network with other executives who are driving innovation
• Benchmark your innovation against those of other insurers
• Be inspired by the creativity and boldness of your peers

Our criteria

An innovation committee shortlists the best innovation in each category based on 4 criteria:

Originality: The uniqueness of the idea in the marketplace and its potential as a game-changer.

Impact: The innovation’s capacity to generate a superior, long-term competitive edge. This includes KPIs such as RoI, NPS, cost reduction, churn rate, employee engagement score, customer lifetime value (CLV), time reduction, carbon footprint, etc.

Universality: The innovation’s potential to be relevant and/or adapted for use in other markets, or even industries.

Form Quality: A detailed description of the innovation in its various phases, its results, and the addition of presentation slides, videos, or images to visualize and better understand the project.

Key dates

Categories

  • Operational Efficiency

    This category awards insurance companies that have successfully navigated the complexities of process re-engineering and smarter operations, laying the groundwork for profitable growth. Initiatives cover scalable processes that drive improved efficiency to support a faster pace of growth for the company’s revenue stream and asset base than for its overhead costs.

  • Product & Service Innovation

    Innovations that significantly enhance, extend or replace the traditional offer, creating new profit pools by serving new customer segments or existing segments in new ways, and entering or creating new markets typically beyond the reach of insurance players.

  • Re-imagining the Customer Experience

    Innovations that significantly enhance the way companies engage with customers. These new approaches create value through, for example, seamless and personalized experiences across physical and/or digital channels, new customer management models, artificial-intelligence-driven advice, and innovative management of customer loyalty and satisfaction.

  • Social, Sustainable & Responsible

    Innovations that advance Insurance’s social purpose and its commitment to being a good corporate citizen and a true ally of its customers.

  • Workforce Transformation

    Innovations that successfully bring together people, culture, leadership, organization and technology, enabling the insurer to realize the full potential of the human and machine workplace.

  • Insurtech

    The creation and/or application of innovative technology that substantially enhances the customer experience and/or develops new sources of value for insurers. This category is reserved for insurance start-ups and spin-offs, and technology firms targeting the insurance industry. Innovations must be stage-one funded, have a market release proposition, and/ or have completed a successful market proof of concept.

Last but not least... special awards categories for 2025

DISTRIBUTION INNOVATOR OF THE YEAR
Groundbreaking approaches to distributing insurance products and services. Celebrating companies that have enhanced customer engagement, expanded market reach, or leveraged technology to transform distribution, it highlights those reshaping how insurance is accessed. This category, which was not open for direct submissions, was added after the submission period had ended.


GEN AI INNOVATION OF THE YEAR

Groundbreaking solutions that leverage generative AI to enhance processes, products, and customer experiences within the insurance industry in areas such as underwriting, claims processing, risk assessment, and customer engagement. You cannot submit your innovation in this category, with nominees selected from the awards categories above.


GLOBAL INNOVATOR OF THE YEAR
The most innovative insurer that displays innovation in their strategic direction, business practices and practical outputs. The winning organization’s corporate vision is fully committed to continuous innovation and transformation, to the development and leadership of a broad ecosystem of partners extending beyond insurance and to the strategic use of emerging technologies that improve the experience of its customers and the performance of its business. Winners must have submitted entries in at least three categories and be invited to submit to the Global Innovator category.

Our expert jury

profile picture of Dipu KV

Dipu KV

Bajaj Allianz

Senior President

profile picture of Carmen del Campo

Carmen del Campo

Mutua Madrileña

Chief Innovation Officer

profile picture of Gareth Friedlander

Gareth Friedlander

Discovery

Deputy CEO

profile picture of Fernando Mendonca

Fernando Mendonca

Bradesco Seguros

Innovation Senior Manager

Get in touch

Want to get in touch regarding the submission process, invitations or sponsoring this event? Please write us at innovation@qorusglobal.com

Meet the awards team

profile picture of Boris Plantier

Boris Plantier

Qorus

Head of content

profile picture of Petra Balazova

Petra Balazova

Qorus

Awards Project Manager

Latest Innovations

  • 05/03/2025Insurance Innovation

    Caser Anfitrión ★★★★★

    The home insurance that enhances the reputation of your holiday rentals

  • 04/03/2025Insurance Innovation

    From Data to Dollars: AI for Life & Annuities

    Atidot leverages AI and 53 million policyholders’ data to boost life and annuity sales, improve retention, and cut CAC by...

  • 04/03/2025Insurance Innovation

    Market spaces

    Market Spaces revolutionizes competitive intelligence in the insurance sector, by enabling you to visualize the online customer spaces of insurers...

  • 04/03/2025Insurance Innovation

    Make the difference

    Make the Difference is Zurich Insurance’s global innovation training program, designed to empower employees to tackle real strategic challenges. It...

  • 04/03/2025Insurance Innovation

    AI For Pet

    AI For Pet is transforming pet healthcare with AI-driven health screenings for veterinarians and pet care providers. Our vision AI...

  • 04/03/2025Insurance Innovation

    Digitalization of Auto Insurance Claim Processes with BPM

    by integrating OCR, RPA and AI technologies, we enabled 10% of claims to be automatically paid without human intervention.

  • 04/03/2025Insurance Innovation

    M-PS Manulife Promoter System

    Transforming customer experience with M-PS: capturing feedback at key touchpoints, driving satisfaction and loyalty through actionable insights.

  • 04/03/2025Insurance Innovation

    Verna Engagement Platform

    A cutting-edge software solution revolutionizing smart vehicle insurance. By enabling insurers to tailor communications and incentivize safe driving, VEP maximizes...