Winners Demonstrate True Innovation in Insurance
Boston, Massachusetts, November 4, 2019 – Strategy Meets Action (SMA), a leading insurance advisory firm, has announced the winners for the annual SMA Transformation in Action Awards, which honor insurers, MGAs, and vendors who are rethinking, reimagining, and reinventing the business of insurance. Submissions were judged by a panel of senior insurance executives and SMA Partners.
“We were astounded by the quantity and quality of award submissions this year,” said Mark Breading, SMA Partner. “The industry has clearly accelerated beyond the early stages of innovation and is putting transformation into action – by adopting new technologies and actualizing possibilities.”
The winners will be recognized and celebrated at the annual Awards Ceremony on December 3rd at the Westin Times Square in New York City. The winners will share their transformation stories the next day at the 2019 SMA Summit: Transformation in Action.
We are pleased to announce the 2019 Transformation in Action Award winners in the following categories:
- Customer Engagement: Winner, Clearcover. Recognized for successfully launching an insurance company and transforming the customer experience with a customer-centered focus and offerings.
- Distribution: Winner, TARMIKA, INC. Recognized for digital distribution as a modern framework for expanding new channels and driving sales for insurers.
- Underwriting: Winners, Sompo partnered with Praedicat. Recognized for capitalizing on new data sources, advanced analytics, and transformational technologies that transform underwriting.
- Claims: Winners, Amica partnered with IBM. Early adopter of emerging claims solutions that transform the way insurers are processing claims and leveraging mobile capabilities.
- Vendor Solution: Winner, Expert System. Recognized for creating various AI solutions that leverage and utilize transformational technologies that enable insurers to innovate across the enterprise as they move forward on their transformation journeys.
A special SMA Transformation in Action award is also being given to RLI for their innovative approach to launching and designing a comprehensive business process solution that leverages transformational technologies.
Join us to celebrate their successes at the SMA Summit and experience the opportunity to listen and learn from the success stories of your industry peers. Registration is open to insurance executives, sponsors, and SMA clients.
For more information on the awards or the SMA Summit, contact Mark Breading, SMA Partner, at mbreading@strategymeetsaction.com or 614-562-8310.