Conservation Labs, an early-stage startup with plans to use data analytics to monitor water use and curtail this country's 2 trillion gallons of annual water waste, and The Institutes, an organization that helps educate P&C industry professionals about the power of technology to drive business, are the second semi-final winners of the 2017 ACORD Insurance Innovation Challenge (AIIC).

The was recently hosted at Willis Towers Watson's Chicago office.

Looking to the future

The AIIC is open to individuals and entities worldwide with products and services that have the potential to further innovate and modernize the insurance industry. The event's final semi-round happens in September in London.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].