InsuranceERM Annual Awards 2024 - UK & Europe

The FIS Insurance Risk Suite (formerly known as Prophet) wins the award for its offerings that aim to provide a complete solution for actuarial modelling, data and governance at all types of insurers.

OneFamily's commercial actuarial team delivered a range of value creation projects to support the UK mutual insurer on its growth trajectory over the past year and this has helped it claim the InsuranceERM title.

Conning's FIRM Portfolio Analyzer wins the ALM solution of the year category for the breadth of its offering and continuous improvements, which are helping insurers perform better in the challenging and volatile economic environment.

abrdn is crowned ALM team of the year because of its techniques and asset management capabilities for supporting BPA deals.

Milliman's actuarial modelling platform, Milliman Mind, has clinched InsuranceERM's coveted analytics solution of the year award.

WTW's Igloo Cloud has retained the best use of cloud technology title in this year's awards because of the speed, scale and flexibility it offers insurers.

InsuranceERM's CRO of the year is someone who is relatively new to the role, but one who has already made a significant impact on the business.

ViClarity wins ERM end-to-end solution of the year, marking a successful period for the Irish-based vendor in terms of expansion within the insurance sector.

RNA Analytics wins IFRS 17 consultancy of the year for the effectiveness of its accounting solutions as well as its innovation in this area.

Corvus Insurance, a Boston-headquartered managing general agent (MGA) that specialises in cyber risk, scoops this year's inaugural MGA category in the InsuranceERM awards.

With major flooding striking every continent last year and causing major economic losses, Previsico's flood forecasting and sensor solutions have come at the right time - and the impact of its technology wins InsuranceERM's risk innovation of the year award.

Risk, advisory and audit firm Crowe UK is no stranger to the feeling of winning and has scooped InsuranceERM's risk consultancy title for the fifth consecutive year.

Milliman Mind IFRS 17 has beat the competition to pick up InsuranceERM's IFRS 17 solution of the year award.

Dynamo Analytics' modelling platform, Psicle, has won InsuranceERM's reserving solution of the year award.

CyberCube has retained the cyber risk solution of the year title as it continues to develop and expand its offerings aimed specifically at the needs of re/insurance underwriters, brokers and portfolio managers.

McKenzie Intelligence Services launched Global Events Observer (GEO), a geospatial software-as-a-service platform for the insurance industry, in August 2021.

Insurance and pensions consultancy Barnett Waddingham wins the pension risk transfer (PRT) innovation of the year award for the key role it has played in growing the sector.

Software vendor Phinsys claims the title for its offerings that are designed to automate processes and expedite regulatory and statutory reporting.

AXA Health's recently formed risk team of 20 full-time employees has played a pivotal role in driving enhanced risk and conduct maturity across the entire organisation, earning them InsuranceERM's prestigious risk team of the year award.

Moody's scooped this year's inaugural award for best use of AI in risk management for integrating AI and machine learning throughout its organisation to enhance analytics.

InsuranceERM recognises the excellent achievement of Megan Hart from Hymans Robertson who has been named young risk professional of the year.

Aon's Impact Forecasting team wins the award for its offerings designed to enable insurance firms to analyse the financial implications of catastrophic events and achieve a greater understanding of their risks.

Impact Forecasting's underwriting data service (UDS) has continued to expand its range of hazard and risk datasets and this innovation has helped it to retain this InsuranceERM award.

Moody's RMS wins catastrophe risk modelling solution of the year for a well-integrated system that has the capabilities to support a wide range of modelling requirements.

The strength of the client testimonials and case studies for Moody's Analytics economic scenario generation solutions show how valued these tools are in the market, making the company a clear winner for this category.

It takes consistency and a great company culture to complete the double, and that is what Decision Focus has done by winning the operational risk solution category for the second year in a row.

Many insurers often cite the challenges of regulatory reporting, but Milliman's Vega solution answers insurers' woes, and for this reason it picks up InsuranceERM's regulatory reporting software of the year award.

Decision Focus wins third-party risk solutions provider of the year for implementing a three-pronged approach to this threat that involves information gathering for due diligence, third-party monitoring and risk assessment.

LCP's efforts to support clients across all areas of actuarial and risk management allowed it to claim the actuarial consultancy of the year title.

LCP's commitment to training and raising awareness on diversity, equity and inclusion (DEI) in the past year, as well as building on existing initiatives, helped it take this excellence award.

Generali wins InsuranceERM's prestigious re/insurer of the year in recognition of its strong operating performance, excellent approach to risk management and its commitment to sustainability and reducing the protection gap.

Nothing stands still in the world of investments - and neither has Conning. The global manager of more than $200bn of assets has been making significant investments to support asset owners in three key areas.

Zenith Actuarial has clinched InsuranceERM's Solvency II solution of the year award with its evo-insight solution.

The multiple and comprehensive ways Moody's Analytics supports insurers with their stress testing requirements, be it for IFRS 17 or climate change scenarios, earns it the title of stress scenarios software of the year.

LCP continues its tradition of success in the InsuranceERM awards as Jessica Snowball claims the young actuarial professional of the year award.