The winners of the second Novarica Research Council Impact Awards were announced at a ceremony in New York, with Great American, PURE, Nevada General, and XL Group receiving top honors for their achievements in insurance industry IT initiatives and strategy.

“Over 50 insurer CIO members of our council voted to choose the winners, making the Novarica Research Council Impact Awards the largest peer jury-awarded recognition in the industry,” says Novarica managing director Matthew Josefowicz.

The winners, which were chosen from a pool of 11 nominees as selected by a nominating committee of insurer CIOs, were selected across four categories:

Great American Insurance Group took the top prize in the Practice category, for enhancing its IT organization's innovation capability, creating a collaborative workplace, cross-team and paradigm-shifting thought process, and a progressive management process.
PURE Insurance was the winner in the Quick Hit category, for its creation of a pre-fill capability for auto insurance quoting, leveraging third-party data to streamline the application process and improve cross-sell with homeowners.
Nevada General Insurance Company was the winner in the Expansion category, for developing a web-based portal for policy quoting, issuance, and endorsements.
XL Group took home the prize in the Transformation category, for its development of a global underwriting platform for underwriters to collaborate, access external data, and integrate with policy processing systems.

In addition to the presentation of the awards, the day's proceedings included a keynote presentation by Josefowicz on the impact of IT projects, and a panel discussion among the nominees, which included presentations by AIG, Assurant, Great American, Erie Family, PURE Insurance, and XL.

Special Reports /

Four Insurers Honored by Novarica for Best Practices in IT

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