Bringing insurance industry innovation to AWS re:Invent | Insurance Blog

A year ago at re:Invent, Accenture and AWS announced a joint investment to accelerate cloud migration and industry differentiation for our clients. Increasing demand in commercial underwriting made insurance the obvious industry to blaze the trail. At AWS re:Invent 2022, Anand Premsundar and I will talk about how innovation transforms experiences, processes, and decision-making for […]

Discovery – a holistic, ongoing innovation story | Insurance Blog

The Qorus-Accenture Innovation in Insurance Awards prides itself on celebrating the world’s leading innovators in the sector. The awards’ ultimate accolade – the Global Innovator 2022 – recognizes an insurance business that not only manifests innovation in fresh, exciting ways, but lives innovation through its strategy and day to day practices. This year, there was […]

Reaching new insurance customers with insurtech innovation | Insurance Blog

Over the past few years, the Insurtech sector has established itself as a vital catalyst for innovation in the insurance industry. Insurtech is a term that comprises a new group of Technology-based start-ups that are disrupting the insurance industry. Agile, Technology-centred and adaptive to emerging customer needs, they fulfil an important need for refreshed insurance […]

How sustainability and workforce transformation inspire innovation | Insurance Blog

The recent 2022 Qorus-Accenture Innovation in Insurance Awards are a powerful, practical illustration of the trends shaping the insurance industry. Sustainability and workforce transformation are becoming central to insurers for retaining relevance in a changing market. Insurers need to embed sustainability into their strategy and value proposition, and they have to embrace workforce transformation in […]

How digital innovation in insurance drives human connection | Insurance Blog

Through the pandemic, many carriers accelerated their plans to develop digital customer experiences that allow customers to satisfy their needs without having to speak with a live person. However, there are still situations where it may be important for customers to talk to someone directly. Human interaction is beneficial when customers need to resolve complex […]

Innovation of the month: Bank of Ireland promotes financial wellbeing | Insurance Blog

In the lead-up to the 2022 Efma-Accenture Innovation in Insurance Awards, we have featured an outstanding innovation each month. This month Bank of Ireland (BoI) is in the spotlight, with a Digital Wealth Advice Platform that is transforming how financial advice is delivered to customers. This truly hybrid omni-channel digital model gives customers personalized, regulated […]

Innovation of the month: Vida Viva Bradesco’s fresh approach to life insurance | Insurance Blog

The Efma-Accenture Innovation of the Month recognizes outstanding entrants to the Innovation in Insurance Awards early in the awards program. This month’s winning innovation goes to Vida Viva Bradesco, a Brazilian insurer that is looking to change the perception of Life Insurance with their unique, pay-as-you-go model. Historically, a Life Insurance policy was associated with […]

Innovation of the month: Accessible injury insurance | Insurance Blog

Innovation of the month is an opportunity for innovators to receive recognition for their innovations early on in the awards program. This month’s winning innovation goes to Flip, a new insurtech business built specifically to provide injury insurance to approximately 50% of young Australians without health insurance.   The market need was clear. Australians pay […]