Congratulations to the winners, runners-up, and finalists of the 2015 Insurance-Canada.ca Technology Awards! The winners, as selected by the ICTA jury, were announced at ICTC2015 in Toronto, on Monday, March 9, 2015.
The organizations recognized at the ICTA awards ceremony are shown below; more information on all the nominees is available via the Finalists & Nominees page. Thank you to the jury, to all the nominees, and to everyone who submitted a nomination or cast a vote for the People's Choice awards.
(Click photos for hi-res)
This year's ICTA winner was Intact Financial Corporation, who rolled out a new visual user interface leveraging geocoding to enable 1,200 underwriters to make faster, more informed decisions regarding new and renewal policies.
Technology by DMTI Spatial.
Delegates from Intact accept the award.
The first runner-up was Independent Broker Resources Inc. (IBRI), for Fleet advisor – a web-based fleet management solution sold by brokers that assists fleet managers in managing risk and sets driving score benchmarks for drivers to aspire to.
Technology by Quindell Solutions.
Delegates from IBRI accept the award.
The second runner-up was a two-way tie:
Johnson Inc. adopted Peril Score, a solution which accurately predicts the likelihood and severity of water, fire, wind, hail and crime loss by geo-coded property address, empowering insurers to identify properties that are more at risk for claims frequency and severity.
Technology by Opta Information Intelligence.
Delegates from Johnson Inc. accept the award.
RSA debuted a Live Chat feature on its WebBusiness personal lines portal, allowing brokers to interact with an RSA web agent in a new way that makes their processing experience easier and more seamless.
Technology by LivePerson Inc.
Delegates from RSA accept the award.
The ‘PICTA’ winner was Industrial Alliance Auto and Home Insurance. IAAH deployed a new underwriting, policy administration, billing, claims and customer management platform for auto and homeowners and other personal lines of business for its operations in Quebec, replacing legacy systems.
Technology by EIS Group.
A delegate from Industrial Alliance Auto and Home Insurance accepts the award.
The first runner-up was Intact Financial Corporation. With the new interface in place, efficiencies achieved during the quoting process resulted in a 15% reduction in processing time; in addition, better risk segmentation will lead to better risk selection and lower claims costs.
Technology by DMTI Spatial.
A delegate from Intact accepts the award.
The second runner-up was Cornerstone Insurance Brokers. Deploying the Keal Engage solution enabled CSIB to survey their consumer engagement, in real time, triggered by the policy renewal transaction in a completely automated fashion with zero effort required by their employees.
Technology by Keal Technology and Navicom Inc.
Pat Durepos, Keal Technology, accepts the award.
ABEX Affiliated Brokers Exchange Inc. and ITS developed a next-generation Policy Administration System, ABEXAccess.com™, that provides secure Real-Time Rating and Paperless Policy Issuance through the ITS BindEasy Solution.
Technology by Insurance Technology Solutions Inc.
Delegates from ABEX accept the plaque.
Erie Mutual Insurance Company turned to data analytics to become more customer-centric, analyzing its customers with the PRIZMC2 segmentation system to better understand market size, policyholders and prospects.
Technology by Environics Analytics.
Delegates from Erie accept the plaque.
The Guarantee set up an online incident-reporting tool which allows transportation customers to report a claim, create alerts, add distribution lists, find a contractor, and get access to resources from strategic partners.
Technology by Spill Center, Inc.
Delegates from The Guarantee accept the plaque.
RSA implemented an analytics tool to measure and drive the effectiveness of its 20+ websites. The tool facilitates A|B & Multivariate testing based on its own analytics and search keywords, in order to test different hypotheses in a live environment.
Delegates from RSA accept the plaque.
Sharp Insurance developed the iMobileBroker app and BrokerScape portal to give clients accessibility to their insurance details, anywhere and at any time; instead of calling into brokerages for pink cards or payment dates, or to submit a claim, clients are able to do all of these transaction and more from their mobile phones or computers.
Delegates from Sharp Insurance accept the plaque.
Photos of ICTC2015
See more pictures from ICTC2015.