(AAIC Awards. Image source: ACORD.)
ACORD2017 conference, held in Boston, Oct. 24-26, wound up with the final round of the ACORD Insurance Innovation Challenge (AIIC), an event for innovation in insurance technology that brought together insurance companies of all sizes across all lines of business, investors and venture capital partners, technology startups, and industry innovators.
In the Industry Innovator Category, IVANS Insurance Solutions and Synechron, Inc. tied for first place. Matt Foran accepted on behalf of IVANS Insurance Solutions, while Ashish Nangla and Naman Verma accepted on behalf of Synechron, Inc.
Taking home the top prize in the Startup Disruptors Category was Insurance Agent App, with Matt Aaron and Kiki Johnson accepting on behalf of the company.
Eighty-eight companies competed globally for the opportunity to present live at ACORD2017 and win startup money, ACORD membership, and consulting support from ACORD and other member organizations.
Evolution to InsurTech Challenge
“We are pleased to continue to foster innovation in the insurance industry and encourage global information sharing that inspires positive disruption,” commented Bill Pieroni, CEO, ACORD. “Looking into next year, AIIC will evolve into an InsurTech challenge as we continue to champion digitization and supporting improvements in the industry.”
ACORD expressed thanks to the following sponsors for their support of ACORD2017 and continued partnership: ACORD Solutions Group, EY, Duck Creek Technologies, KMPG, Oracle, Tata Consulting Services, L&T Infotech, Pegasystems, and Salesforce.