RGA has been awarded the Silver Award for Global Innovator of the Year at the 2018 Efma-Accenture Innovation in Insurance Awards. Dianne Schuetz, Vice President, Business Initiatives, USMM, and Derek Kueker, Vice President and Senior Actuary, RGAX, and accepted the award on behalf of RGA at a ceremony in Boston on Wednesday, October 24.
RGA was nominated by the awards committee for consideration in two categories:
- Global Innovator of the Year
- Innovation in Underwriting for TransUnion TrueRisk® Life
“We were honored to accept the Silver North America Innovator of the Year award on behalf of RGA,” Dianne said. “The award validates our success in bringing new solutions to the market, enabling our clients to transform their business.”
This year, winners were selected from 320 submissions from 237 carriers in 45 countries across the globe. Winners were announced June 12 at the global awards ceremony in Paris, in addition to the U.S. and Canadian awards that were presented at the second ceremony October 24. Winners were chosen based on originality, impact, and universality of their innovations. To see a full list of this year’s winners, click here.
“We are pleased to see North American insurers embracing innovation to enable a whole new level of personalization and convenience for the customer,” said Jim Bramblet, North America Insurance Practice Lead at Accenture. "By embedding intelligent solutions such as A.I., machine learning, and analytics into every business process, insurers could reap material financial improvements in annual profitability while building longer-term loyalty with their customers.”
The Efma−Accenture Innovation in Insurance Awards were launched in 2016 to identify and award the most innovative projects in the insurance sector. The awards celebrate the best new ideas that are transforming the insurance industry by highlighting and sharing best practices that will help accelerate the transformation of insurance as we know it for the better.
Check out the highlight reel from the 2018 Awards Ceremony.
RGAX is the “transformation engine” of RGA that leverages the talent, resources, and insight of RGA’s 40+ years of innovation. By partnering with carriers and entrepreneurs, we’re incubating and accelerating new products and services to change the life insurance ecosystem.
We’re passionately driven to ensure success for our clients and the insurance industry while achieving our core purpose of helping people live longer, healthier, more financially secure lives, everywhere.