2015 Innovation Award winners recognizedPosted On: Mar. 1, 2015 12:00 AM CST
The 2015 Business Insurance Innovation Awards showcase the best new products and services launched over the past year for risk managers. This awards program, which started in 2010, recognizes innovation in the insurance and risk management sector, and the high caliber of the winning entries shows that commercial insurers, brokers and other service providers continue to break new ground with their offerings.
All of the nominations were reviewed by an independent judging panel composed of professional risk managers, and the 10 highest-scoring nominations were selected for the 2015 Innovation Awards, which will be presented during the Business Insurance Risk Management Summit to be held March 4-5 in New York.
The winning entries range from insurance coverage for drones to an analytics dashboard for workers compensation.
The nomination process for the 2016 Innovation Awards will begin in the fall.
Ace Ltd., Ace Logistical Environmental Response Technology
American International Group Inc., Unmanned Aircraft Insurance
FM Global, Resilience Index
Arthur J. Gallagher & Co., One2One Risk Solutions
Liberty Mutual Insurance Co., RiskTrac Workers Compensation Analytics Interactive Dashboard
Marsh L.L.C., Prime Habitational Property Insurance Facility
Riskonnect Inc./IASIS Healthcare L.L.C., Return to Work
Ventiv Technology Inc., Combined Corporate & Captive Risk Management Solution
XL Group P.L.C., P3 Plus
Zurich Insurance Group Ltd., My Zurich 2.0
Panel of judges
All of the entries for the 2015 Business Insurance Innovation Awards were reviewed by an independent panel of judges, all of whom are risk management professionals.
The judges assessed the entries based on five criteria: Originality in serving the needs of professional risk managers; relevance to the core concerns of risk managers; effectiveness in solving one or more problems in the risk management process of identifying, assessing/analyzing, controlling and/or financing risk; the presentation of the product or service in terms of its ease of use and understanding; and the results achieved when implemented by risk managers.
The judges scored each entry, and the 10 highest-scoring entries were selected as the 2015 Innovation Awards winners.
THE 2015 JUDGES
Senior manager, corporate insurance
Treasury global insurance lead,
global risk assessment and insurance
Assistant vice president of risk management
Director of risk management
The Art Institute of Chicago
Amy L. Scovill
Director of insurance and risk management
Fortune Brands Home & Security Inc.