ICTA Nominations [2022 archive]

Please note:

• Organizations may nominate themselves or others. All nominees will be contacted to confirm willingness to receive an award.
• “Multi-party business application implementations” are welcome (see Notes below).
• All award nominations must be supported by a completed application form.
• For inspiration, take a look at the details of the 2021 Nominees.

Each nominee must be involved in the Canadian insurance business as an Insurer, Distributor (broker, agent, MGA, etc.), or Supplier (see Eligible Businesses for details and further criteria).

Practitioner organizations (Insurers and Distributors) must do business in Canada. Supplier organizations must do business with organizations involved as Insurers or Distributors in Canada.

The technology must have been in production for three months or more (by January 1, 2022) in the nominee's production environment, supporting actual insurance activities in Canada.

Suppliers Using the Technology

A nomination for a Supplier of a product or service to insurance practitioners must be for their own internal use of technology in support of their product or service.

Suppliers Not Using the Technology

This new category is for businesses which offer a product or service to those in the business of insurance (e.g. Technology Providers) but do not use the product or service themselves for insurance purposes.

• Suppliers with a corporate office or main development facilities in Canada are eligible, even if their insurance customers do not include a Canadian customer.
• Suppliers from outside Canada are eligible if they have a Canadian insurance customer.
• The product or service must have been in production for at least three months in Canada (by January 1, 2022).

(Hint: Juries in the past have seemed to favour nominations with some specific metrics.)

Evidence of the positive impact of the technology operating in this environment must be real, and could be supported by:

• Return on investment;
• Increased revenue (overall, per client, per segment, etc.);
• Decreased costs (overall, by department, by function, etc.);
• Business agility – time to market, entry to new market segments;
• Improved service levels, evidenced by improved satisfaction, increased revenue per client; improved retention, higher premium volume per client;
• Improved customer satisfaction (evidenced by customer feedback, surveys, etc.).