InsuranceERM Annual Awards 2024 - UK & Europe

Teams

  • Risk team of the year 

    This award recognises the team that is raising the risk and capital function’s profile, has delivered measurable business performance and created a sound risk culture.

  • Actuarial team of the year 

    This award celebrates the team that is raising the actuarial function’s profile. It also recognises actuaries innovating in the area of longevity and mortality.

  • ALM team of the year 

    This award will recognise the ALM team driving improvement in ALM modelling, risk and capital management and improving the risk-return profile of their investment strategy.

  • Cat risk team of the year 

    This award recognises the cat risk team that is innovating to protect the insurer and policyholders from natural and man-made disasters.

Companies

  • Re/insurer of the year 

    This award will recognise the re/insurer that demonstrates that risk management is fully integrated into their business – and has delivered measurable benefits over the last 18 months. This award will also go to the re/insurer that can demonstrate a positive culture and initiatives that have supported their staff and ensured a healthy working environment.

  • Risk innovation of the year 

    We are looking for game-changing ideas and programmes that are reshaping the risk, compliance and actuarial functions at the re/insurance business.

  • Diversity and inclusion excellence 

    This award will recognise successful processes in place supporting diversity and inclusion in the workplace. It is open to all insurance players.

  • Insurance asset manager of the year 

    This award seeks to recognise an asset manager for not only excellent returns, but also for creating tailored offerings to meet the special needs of the insurance industry.

  • Risk consultancy of the year 

    This award seeks to reward a consultancy which has implemented a successful enterprise risk management project at a re/insurer.

  • IFRS 17 consultancy of the year

    This award will recognise a consultancy that is helping a re/insurer to effectively prepare for and implement IFRS 17.

  • Insurtech innovation of the year 

    This award celebrates an insurtech team based in the UK or Europe that is driving measurable innovation and business improvements for the re/insurance market.

  • Risk transfer innovation of the year

    This award is open to all insurance-linked security players, funds and book-runners who are providing innovative investment and hedging solutions for challenging risks.

  • *NEW* Catastrophe risk modelling research paper of the year

    This award is open to catastrophe risk modellers and insurance industry participants that have produced exceptional and influential research in the field of cat modelling in the insurance sector. Entries should demonstrate originality, rigorous methodologies, impact (in terms of citations, if applicable; media coverage or social media reaction) and clarity of communication.

  • *NEW* Pension risk transfer innovation of the year

    This award is open to re/insurers, service providers and consultancies. It recognises a company that has innovated in meeting the needs of a pension scheme/s, excelled in serving the needs of pension scheme members and helped to grow the pension risk transfer market.

  • *NEW* Managing General Agent of the year

    This award will recognise a managing general agent (MGA) has measurably demonstrated excellence and innovation in managing and mitigating risks in the past year. The MGA should prove how the impact of their risk management strategies has positively benefitted the business and the insurance value chain process.

  • *NEW* Actuarial consultancy of the year

    This award celebrates a consultancy which has enabled a re/insurer to measurably improve its risk management and demonstrated excellence and innovation in serving insurance clients.

  • *NEW* Best use of artificial intelligence in risk management

    This award is open to re/insurers, solutions providers and consultancies. The winning entry will explain how artificial intelligence (AI) or one its many branches, such as machine learning, is being used in insurance risk management to measurably improve risk selection, data segmentation, risk modelling and fraud detection, as well as lead to quicker decision making and better customer engagement.

Individuals

  • Chief risk officer of the year 

    This award will be presented to the CRO who has made an outstanding contribution to the risk function and where they can demonstrate they are an effective business partner.

  • *NEW* Young risk professional of the year 

    This award is open to any risk professional, under the age of 40, who has shown outstanding leadership and achievements in the field of risk management over past 18 months, and is adding significant value to their business.

  • *NEW* Young actuarial professional of the year

    This award is open to any actuarial professional, under the age of 40, who has shown outstanding leadership and achievements in the field of risk management over past 18 months, and is adding significant value to their business.

Technology

These awards seek to acknowledge those providers who are helping the industry achieve their goals. Each submission should explain how the technology provider has demonstrated excellence in the particular category. Ease and speed of implementation, flexibility, robustness, scalability, transparency, technical support and cost are all elements that will be considered when deciding the winners.

Case studies from the past 12-18 months should provide background to specific customer problems and explain why their solution was awarded the business. Evidence of success in implementation and meeting the client expectations should be included.

Supplying client references (names, email addresses and phone numbers) will be looked upon favourably.

  • Actuarial modelling solution of the year
  • Analytics solution of the year
  • Best use of cloud technology
  • Catastrophe risk modelling solution of the year
  • Cyber risk solution of the year
  • Data solution of the year
  • End-user computing risk management solution of the year
  • ERM end-to-end solution of the year
  • ESG (Economic Scenario Generator) software of the year
  • IFRS 17 solution of the year
  • Operational risk solution of the year
  • Regulatory reporting software of the year
  • Reserving solution of the year
  • Solvency II solution of the year
  • Stress scenarios software of the year
  • Third-party risk solutions provider of the year
  • *NEW* ALM solution of the year

Submit your entry here