InsuranceERM Annual Awards 2021 - UK & Europe

EY's actuarial team was kept busy over the last 12 months in a wide range of areas

Our judging panel chose FIS's Prophet solution as best actuarial modelling solution of the year

Launched in April 2020, LCP InsurSight is an analytics and trend identification tool for general insurers.

Securis Investment Partners' life team has won InsuranceERM's Alternative capital deal-maker of the year

Timely access to good quality data quality continues to be one of the most difficult challenges facing insurers.

Milliman has achieved a hat-trick with its cloud-based modelling solution Milliman Mind after winning an InsuranceERM award for the third time.

Boxer Mike Tyson famously said: "Everybody has a plan until they get punched in the mouth."

Moody's Analytics' solutions for disclosing and communicating information have kept up with insurers' changing demands

Its processes have evolved from traditional catastrophe modelling for reinsurance to underwriting, new product development and automated accumulation control.

Many of the entries to the InsuranceERM Awards have naturally focused on how organisations and individuals have responded to the extraordinary events of 2020.

When storms and natural catastrophes strike, insurers need tools to help them stay in control

The financial services industry is beginning to recognise that climate risks are not always adequately priced in investments

Conning has responded to this increased regulatory interest by launching a stochastic climate risk reporting service

Argo Group won this category for developing a robust ESG strategy

Moody's Analytics has cemented its reputation as a provider of economic scenario generator (ESG) systems

Rapidly improving technologies have provided Moody's Analytics with greater opportunities to support clients' business needs

Moody's Analytics' response to client demand has helped it win this category once again, following victory in the InsuranceERM 2018/19 Awards.

The severe impact of the Covid-19 pandemic on bond and equity markets had a knock-on effect on insurers' balance sheets

According to Jeremy Wood, chief executive of Legerity, 2020 "was really the year the cloud came of age"

Covid-19 has sharpened the world's focus on cyber risk

Cloud technology has taken centre stage for insurers during the Covid-19 pandemic with its flexibility facilitating remote working

When it comes to digital transformation, most investment by insurers has focused on the front-end sales and marketing systems

LCP has truly established its prominence in advocating a diversity and inclusion (D&I) agenda and has claimed the title for the second consecutive year

Converting a pensioner longevity swap into a buy-in is no easy task, but LV= has proved such transaction can be done

Covid-19 has presented a huge challenge to longevity modelling

Reserving is critically important to insurers' operations.

Crowe has achieved the double, winning the risk consultancy of the year for the second consecutive year.

Gaining a clear view of the global cyber re/insurance industry can be difficult, particularly for those not actively engaged in it

NFU Mutual wins risk team of the year for the dynamic and engaging way it won hearts and minds to deliver its goal of building a single risk team.

Aberdeen Standard Investments (ASI) wins insurance asset manager of the year for supporting insurers during the Covid-19 pandemic

Since joining LCP as a consultant in 2005, Catherine Drummond, InsuranceERM's young actuarial and risk professional of the year, has risen to become a partner in the organisation with responsibility across a variety of technical areas.

Aurore Lecanon, the winner of this year's chief risk officer of the year award, relishes change.

The Judges' award is usually made to an individual, but this year our panel decided to bestow it to a group of actuaries who contributed to efforts to deal with the Covid-19 pandemic.

NewRe's chief risk officer (CRO) Christian Dahmen is highly commended in the CRO category of this year's awards