Nominations for the 2016 Asia Insurance Technology Awards (AITAs) are now open

The Asia Insurance Technology Awards (AITAs) recognize excellence and innovation in the use of technology within the insurance industry in the Asia Pacific Region.

Nominations for the 2016 AITA Awards are now open. Please find more information on Celent website http://www.celent.com/aita, and you can download the nomination form from there. The deadline for submitting the nomination form is 24 June 2016.

AITA AWARDS CATEGORIES

IT Leadership

This award honours an individual who has displayed clear vision and leadership in the delivery of technology to the business. The recipient will have been responsible for deriving genuine value from technology and has demonstrated this trait with a specific project or through ongoing leadership.

Nominations accepted from insurers. Vendors are welcome to assist their client insurers with their nominations, however vendors/suppliers are not qualified to receive this award. All nominations MUST include insurer contact information, and all follow-up will be done with the insurer, not the vendor.

Best Insurer: Technology

This award honours the insurer who has made the most progress in embracing technology across the organisation.

Nominations accepted from insurers. Vendors are welcome to assist their client insurers with their nominations. However, vendors/suppliers are not qualified to receive this award. All nominations MUST include insurer contact information, and all follow-up will be done with the insurer, not the vendor.

Digital Transformation

This award honours an insurer or broker who has made the most progress in implementing digitization initiatives, such as sale and service of products online, eco-system integration (such as with business partners, repair shops, medical providers, distribution, etc.), leveraging social networks, work-place enablement (such as BYOD, collaboration tools, etc.), business process automation (STP), engaging user interface design, or leveraging mobile technology.
 
Nominations accepted from insurers. Vendors are welcome to assist their client insurers with their nominations, however vendors/suppliers are not qualified to receive this award. All nominations MUST include insurer contact information, and all follow-up will be done with the insurer, not the vendor.
 
Big Data and Analytics

This award honours insurer or broker who has made the most progress in utilizing data analytics technologies, such as predictive analytics (claims fraud, underwriting, pricing, climate analysis), prescriptive analytics (triage, sales automation, ‘next best action’), and virtualization (dashboards and heat maps, catastrophe management, network analysis, geo-political risk analysis).

Nominations accepted from insurers. Vendors are welcome to assist their client insurers with their nominations, however vendors/suppliers are not qualified to receive this award. All nominations MUST include insurer contact information, and all follow-up will be done with the insurer, not the vendor.

Best Newcomer

This award recognizes the best new player in the insurance technology field. The recipient will have introduced a game-changing solution to the industry.

Nomination accepted from insurers, vendors and Fintech/Insurtech firms

Innovation

This award recognizes the innovation business model, applying of emerging technology, or the innovative usage of technology.

Nomination accepted from insurers, vendors  and Fintech/Insurtech firms

Call for submission for the fourth annual Celent Model Insurer Asia Award

Through our Model Insurer Asia Awards Program, Celent recognizes the top technology initiatives in the Asia-Pacific region. Past winners include Calliden Group (Australia), Partners Life (New Zealand), PICC Health (China), HDFC Standard Life Insurance (India), IndiaFirst Life Insurance (India), Nextia Life Insurance (Japan), Prudential Life Insurance Company of Korea, Baoviet Holdings (Vietnam), PT Prudential Life Assurance (Indonesia), HNB Assurance (Sri Lanka), AIG Asia Pacific, Zurich Insurance, to name a few. (View past winners of the Model Insurer Asia Awards ) Award criteria:
  • The initiative has been implemented at an insurance company, a company that takes on risks under the policies it sells in return for the payment of premiums
  • The nominated insurer has been involved in the submission
  • The nominated initiative is live and functioning
  • Quantitative success metrics are measured and provided
  • The initiative must have been implemented in the Asia Pacific region, and should not have been submitted for another Celent 2014 Award, e.g., Model Insurer
Nominations for Celent Model Insurer Asia Awards are currently being accepted. To nominate an initiative at your company as a model insurer component, please complete this nomination form. Please note that vendors are welcome to assist their client insurers with their nominations, however vendors/suppliers are not qualified to receive an award. All nominations MUST include insurer contact information, and all follow-up will be done with the insurer, not the vendor. The importance of the quality of the nomination itself, and of the supporting information, cannot be overemphasized. The nomination should be as specific, accurate, and complete as possible. It is imperative that the true merits of the initiative be conveyed through this information. Keep in mind that in most cases those involved in the selection process will have no personal knowledge of the nominated initiative and will lean heavily on the information provided below for the information they need to make reasonable judgments.  In some cases, Celent will check publicly available information to augment or substantiate the information provided. The deadline for nominations is November 29, 2013. Winners of this year’s awards will be announced at the Model Insurer Asia Summit in March 2014 in Singapore. A report including winner case studies will be published on the same day of the event.