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Actuarial modelling solution of the year: Hymans Robertson
Hymans Robertson has developed a scalable solution powered by actuarial modelling to guide pension members
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Actuarial team of the year: NHBC
The National House Building Council (NHBC) has achieved much with limited resourcing
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Best use of cloud technology: Legerity
Legerity stood out for its use of cloud technology to implement IFRS 17
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Cat risk team of the year: Aon, Impact Forecasting
Impact Forecasting wins InsuranceERM's catastrophe risk team title for the third consecutive year
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Catastrophe risk modelling solution of the year: Reask
Metryc is a global tropical cyclone parametric calculation agent from risk modelling firm Reask
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Catastrophe risk modelling solution of the year, highly commended: WTW
WTW is highly commended in catastrophe risk modelling solution of the year for designing a parametric insurance programme for the Meso-American Reef (MAR) fund.
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Chief risk officer of the year, highly commended: Tom Hughes, Domestic & General
The CRO says his great team also deserves recognition for the support they give him
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Chief risk officer of the Year: Aylin Somersan Coqui, Allianz
She took the helm as Allianz's CRO in July 2020 amid the challenges of the Covid-19 pandemic
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Climate risk management solution of the Year: WTW
WTW developed a bespoke parametric insurance solution for the central American country of Belize
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Cyber risk solution of the Year: Kovrr
It has been a successful year for Israeli cyber risk quantification provider Kovrr
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Data solution of the year: Moody's
During 2021, Moody's launched a comprehensive suite of solutions that help respond to the diverse range of ESG-related goals in risk management
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Diversity and inclusion excellence, highly commended: OneFamily
The UK mutual insurer has appointed an executive sponsor for each pillar of D&I
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Diversity and inclusion excellence: LCP
LCP has completed a hat trick of InsuranceERM diversity and inclusion (D&I) excellence awards
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Economic scenario generator software of the year award: Moody's Analytics
InsuranceERM's judges praised various aspects of Moody's Analytics ESG software.
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End-user computing risk management solution of the year: Incisive Software
Insurance companies rightly to go to great lengths to identify, assess and mitigate risks that could affect their customers, as well as insurers' own business models.
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ERM end-to-end solution of the year: Decision Focus
Decision Focus's no-code platform for risk teams was highly rated by the judging panel
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ESG initiative of the year: PCS, a Verisk business
PCS has developed calculations for converting catastrophe loss into triggers for purchasing carbon offsets
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IFRS 17 consultancy of the year: Mazars
InsuranceERM's judges were impressed with the strong UK and EU-wide practice and thought leadership of Mazars
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IFRS 17 solution of the year: Legerity
Legerity wins InsuranceERM's IFRS 17 award for the second year running
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Insurance asset manager of the year: Conning
Conning's drive to enhance its ESG methodology and ensure its investment portfolios are fully climate aware impressed the judges.
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Insurtech innovation of the year: YuLife
YuLife says its gamification focus is spurring engagement by policyholders
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Judges' award for contribution to the industry: Renaud Guidée
Renaud Guidée spent 2021 driving a crucial insurance initiative to tackle the climate change crisis, which is widely regarded as the greatest threat facing humanity.
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Operational risk solution of the year: The Analytics Boutique
The vendor's Structured Scenario Analysis (SSA) web platform impressed the judging panel
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Regulatory reporting software of the year: Moody's Analytics
Moody's Analytics is enabling insurers to meet their requirements for more frequent and timely regulatory reporting
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Reserving solution of the year: WTW
This award recognises WTW's technology tools ResQ and Unify
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Risk consultancy of the Year: Crowe
Crowe has secured the treble, winning the risk consultancy title for the third consecutive year, and a remarkable achievement.
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Risk innovation of the year: RMS
InsuranceERM's risk innovation of the year category is always hotly contested - a testament to the insurance industry's drive to digitalise and incorporate new technologies like artificial intelligence.
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Risk team of the year: Phoenix Group
Phoenix Group scoops this year's accolade for three successful and measurable achievements
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Risk transfer innovation of the year: PCS, a Verisk business
PCS has innovated with industry loss warranties in the specialty retrocession area
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Solvency II solution of the year: Moody's Analytics
Moody's Analytics is continuing to develop the Solvency II solution by engaging with the market
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Stress scenarios software of the year: CyberCube
CyberCube's offering allows insurers to stress test re/insurance portfolios against systemic cyber-related scenarios
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Young actuarial and risk professional of the year
Ivan Herboch was recently promoted to deputy CRO for property and casualty at Scor Ireland